IBOV 177,547.57 ▲ 2.44% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL5.06▲ 0.05% USD/MXN17.44▲ 0.30% USD/CLP937.27▲ 0.18% USD/COP3,204▼ 0.73% USD/PEN3.39▼ 0.28% USD/ARS1,482▼ 0.03% USD/UYU40.14▲ 1.16% USD/PYG6,035▲ 1.38% USD/BOB10.95▲ 2.82% USD/DOP57.92▼ 0.14% USD/CRC447.42▲ 1.36% USD/GTQ7.62▲ 2.31% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.76▼ 0.56% BRENT 92.80 ▼ 1.35% WTI 90.36 ▲ 4.07% IRON ORE 161.91 — — COPPER 6.47 ▲ 0.28% GOLD 4,091 ▼ 1.36% SILVER 58.90 ▼ 1.86% SOY 1,245 ▲ 0.93% CORN 488.75 ▲ 5.79% WHEAT 708.50 ▲ 0.39% COFFEE 316.95 ▲ 0.09% SUGAR 14.88 ▲ 0.95% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.64 ▲ 2.22% COCOA 5,409 ▲ 1.52% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.00 ▼ 0.12% PETR4 42.58 ▲ 2.21% VALE3 75.10 ▲ 3.96% ITUB4 42.90 ▲ 0.87% BBDC4 18.97 ▲ 2.26% ABEV3 16.13 ▲ 2.09% BBAS3 21.09 ▲ 1.01% B3SA3 15.90 ▲ 4.81% WEGE3 46.74 ▲ 10.05% PRIO3 59.77 ▲ 2.73% SUZB3 42.66 ▲ 2.47% RENT3 37.14 ▲ 1.61% AZZA3 17.81 ▲ 1.89% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.75 ▲ 0.73% GMAT3 3.91 ▲ 2.09% PSSA3 55.45 ▲ 3.68% CVCB3 1.27 ▲ 13.39% POSI3 3.70 ▲ 0.54% SLCE3 13.96 ▲ 1.53% NATU3 8.68 ▼ 0.34% BRKM5 6.07 ▲ 6.30% RANI3 8.00 ▲ 1.39% CSNA3 5.38 ▲ 6.32% CMIN3 5.84 ▲ 4.66% USIM5 8.65 ▲ 2.25% GGBR4 24.06 ▲ 2.43% ENEV3 25.97 ▲ 2.16% CPFE3 46.71 ▲ 0.67% CMIG4 11.21 ▲ 1.72% EQTL3 39.35 ▲ 1.34% LREN3 13.54 ▲ 2.03% VIVT3 35.38 ▼ 1.17% RAIL3 13.64 ▲ 3.02% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.29 ▲ 0.88% RDOR3 34.49 ▲ 1.68% HAPV3 11.39 ▲ 1.33% FLRY3 16.65 ▲ 0.60% SMTO3 16.05 ▲ 3.02% UGPA3 32.83 ▲ 3.17% VBBR3 34.98 ▲ 3.03% BBSE3 42.58 ▲ 2.48% BPAC11 57.02 ▲ 2.98% CURY3 30.20 ▲ 0.83% AERI3 2.05 ▲ 0.49% VIVARA 21.55 ▲ 0.65% COMPASS 24.81 ▲ 1.51% VAMOS 3.23 ▲ 4.53% SANB11 26.95 ▼ 0.96% ASAI3 8.40 ▲ 1.82% SBSP3 29.29 ▲ 2.41% WALMEX 48.65 ▼ 1.02% GMEXICO 214.34 ▲ 2.57% FEMSA 227.98 ▲ 0.55% CEMEX 22.17 ▲ 0.45% GFNORTE 191.99 ▲ 3.33% BIMBO 60.30 ▲ 1.53% TELEVISA 9.82 ▲ 0.61% AMX 22.70 ▼ 0.26% GAP 378.40 ▼ 0.03% ASUR 273.53 ▼ 0.52% OMA 229.62 ▲ 1.49% KOF 182.55 ▲ 1.15% GRUMA 280.45 ▼ 0.76% KIMBER 38.85 ▲ 1.17% SQM-B 65,055 ▲ 0.80% COPEC 6,550 ▲ 1.55% BSANTANDER 79.85 ▲ 1.06% FALABELLA 6,042 ▲ 2.08% ENELAM 84.53 — 0.00% CENCOSUD 2,010 ▼ 0.89% CMPC 1,070 ▼ 1.28% BANCO CHILE 193.50 ▲ 1.84% LATAM AIR 24.09 ▼ 0.45% YPF 82,500 ▲ 2.33% GGAL 8,275 ▲ 3.89% PAMPA 5,625 ▲ 2.74% TXAR 668.50 ▼ 1.55% ALUAR 974.00 ▲ 0.10% TGS 9,905 ▲ 2.01% CEPU 2,411 ▲ 3.03% MIRGOR 16,925 ▲ 0.89% COME 43.14 ▲ 0.63% LOMA NEGRA 3,823 ▲ 6.03% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,420 ▲ 3.88% ECOPETROL 16.69 ▲ 0.97% BANCOLOMBIA 84.66 ▲ 1.22% GRUPO AVAL 5.04 ▼ 0.98% CREDICORP 393.43 ▲ 0.60% SOUTHERN COPPER 195.48 ▲ 3.97% BUENAVENTURA 32.09 ▲ 2.69% MERCADOLIBRE 1,799 ▼ 1.29% NUBANK 14.51 ▲ 0.83% XP 17.30 ▲ 2.67% PAGSEGURO 9.67 ▲ 0.94% STONE 11.36 ▲ 0.93% GLOBANT 30.67 ▼ 4.45% TECNOGLASS 45.24 ▲ 0.20% GAP AIRPORT 217.70 ▲ 0.01% ASUR 273.53 ▼ 0.52% OMA AIRPORT 105.35 ▲ 1.07% AMX ADR 26.12 ▲ 0.12% FEMSA ADR 130.96 ▲ 0.47% CEMEX ADR 12.74 ▲ 0.32% PETROBRAS ADR 18.89 ▲ 1.89% VALE ADR 14.85 ▲ 4.21% ITAU ADR 8.48 ▲ 0.95% SANTANDER BR 5.45 ▲ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.09 ▲ 9.00% GERDAU 4.77 ▲ 2.69% LATAM ADR 51.22 ▼ 0.68% BTC 65,613 ▼ 0.74% ETH 1,925 ▼ 0.43% SOL 77.72 ▼ 0.24% XRP 1.13 ▼ 0.69% BNB 570.28 ▼ 0.08% ADA 0.17 ▲ 0.34% DOGE 0.07 ▼ 0.70% AVAX 6.61 ▼ 0.11% LINK 8.63 ▲ 0.06% DOT 0.82 ▼ 1.70% LTC 46.79 ▼ 0.60% BCH 217.00 ▼ 1.35% TRX 0.33 ▼ 0.34% XLM 0.19 ▼ 1.12% HBAR 0.07 ▲ 0.11% NEAR 1.89 ▲ 1.45% ATOM 1.46 ▼ 0.45% AAVE 97.12 ▼ 0.24% SELIC 14.25% EMBRAER 83.79 ▲ 1.38% EMBRAER ADR 66.05 ▲ 0.89% JBS 12.25 ▲ 2.51% JBS BDR 61.80 ▲ 2.62% MBRF3 16.03 ▲ 6.09% MBRFY 3.19 ▲ 8.14% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR16.42▲ 0.14% USD/NGN 1,370 — 0.00% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.39▲ 0.15% USD/CNY6.76▼ 0.21% DAX 25,027 ▼ 0.51% CAC 8,351 ▼ 1.03% FTSE 10,704 ▼ 0.12% MIB 51,809 ▼ 1.86% IBEX 19,462 ▼ 0.56% STOXX 642.91 ▼ 0.62% EUR/USD1.14▼ 0.08% GBP/USD1.34▼ 0.13% SPX 7,499 ▼ 0.14% DJI 52,219 ▼ 0.01% NDX 28,998 ▼ 0.54% RUT 2,960 ▼ 0.92% TSX 35,485 ▲ 0.33% VIX 17.61 ▲ 5.83% USD/CAD1.41▼ 0.08% US10Y 4.6570 ▲ 0.63% IBOV 177,547.57 ▲ 2.44% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▲ 0.05% USD/MXN 17.44 ▲ 0.30% USD/CLP 937.27 ▲ 0.18% USD/COP 3,204 ▼ 0.73% USD/PEN 3.39 ▼ 0.28% USD/ARS 1,482 ▲ 0.30% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 57.92 ▼ 0.14% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.04% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.36% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.76 ▼ 0.56% BRENT 92.80 ▼ 1.35% WTI 90.36 ▲ 4.07% IRON ORE 161.91 — — COPPER 6.47 ▲ 0.28% GOLD 4,091 ▼ 1.36% SILVER 58.90 ▼ 1.86% SOY 1,245 ▲ 0.93% CORN 488.75 ▲ 5.79% WHEAT 708.50 ▲ 0.39% COFFEE 316.95 ▲ 0.09% SUGAR 14.88 ▲ 0.95% ORANGE JUICE 147.50 ▲ 2.57% COTTON 81.64 ▲ 2.22% COCOA 5,409 ▲ 1.52% BEEF 219.20 ▼ 3.30% CATTLE 336.15 ▼ 3.83% LITHIUM 69.00 ▼ 0.12% PETR4 42.58 ▲ 2.21% VALE3 75.10 ▲ 3.96% ITUB4 42.90 ▲ 0.87% BBDC4 18.97 ▲ 2.26% ABEV3 16.13 ▲ 2.09% BBAS3 21.09 ▲ 1.01% B3SA3 15.90 ▲ 4.81% WEGE3 46.74 ▲ 10.05% PRIO3 59.77 ▲ 2.73% SUZB3 42.66 ▲ 2.47% RENT3 37.14 ▲ 1.61% AZZA3 17.81 ▲ 1.89% CSAN3 3.92 ▲ 3.70% RAIZ4 0.27 — 0.00% PCAR3 2.75 ▲ 0.73% GMAT3 3.91 ▲ 2.09% PSSA3 55.45 ▲ 3.68% CVCB3 1.27 ▲ 13.39% POSI3 3.70 ▲ 0.54% SLCE3 13.96 ▲ 1.53% NATU3 8.68 ▼ 0.34% BRKM5 6.07 ▲ 6.30% RANI3 8.00 ▲ 1.39% CSNA3 5.38 ▲ 6.32% CMIN3 5.84 ▲ 4.66% USIM5 8.65 ▲ 2.25% GGBR4 24.06 ▲ 2.43% ENEV3 25.97 ▲ 2.16% CPFE3 46.71 ▲ 0.67% CMIG4 11.21 ▲ 1.72% EQTL3 39.35 ▲ 1.34% LREN3 13.54 ▲ 2.03% VIVT3 35.38 ▼ 1.17% RAIL3 13.64 ▲ 3.02% KLABIN 17.93 ▲ 1.93% RAIA DROGASIL 18.29 ▲ 0.88% RDOR3 34.49 ▲ 1.68% HAPV3 11.39 ▲ 1.33% FLRY3 16.65 ▲ 0.60% SMTO3 16.05 ▲ 3.02% UGPA3 32.83 ▲ 3.17% VBBR3 34.98 ▲ 3.03% BBSE3 42.58 ▲ 2.48% BPAC11 57.02 ▲ 2.98% CURY3 30.20 ▲ 0.83% AERI3 2.05 ▲ 0.49% VIVARA 21.55 ▲ 0.65% COMPASS 24.81 ▲ 1.51% VAMOS 3.23 ▲ 4.53% SANB11 26.95 ▼ 0.96% ASAI3 8.40 ▲ 1.82% SBSP3 29.29 ▲ 2.41% WALMEX 48.65 ▼ 1.02% GMEXICO 214.34 ▲ 2.57% FEMSA 227.98 ▲ 0.55% CEMEX 22.17 ▲ 0.45% GFNORTE 191.99 ▲ 3.33% BIMBO 60.30 ▲ 1.53% TELEVISA 9.82 ▲ 0.61% AMX 22.70 ▼ 0.26% GAP 378.40 ▼ 0.03% ASUR 273.53 ▼ 0.52% OMA 229.62 ▲ 1.49% KOF 182.55 ▲ 1.15% GRUMA 280.45 ▼ 0.76% KIMBER 38.85 ▲ 1.17% SQM-B 65,055 ▲ 0.80% COPEC 6,550 ▲ 1.55% BSANTANDER 79.85 ▲ 1.06% FALABELLA 6,042 ▲ 2.08% ENELAM 84.53 — 0.00% CENCOSUD 2,010 ▼ 0.89% CMPC 1,070 ▼ 1.28% BANCO CHILE 193.50 ▲ 1.84% LATAM AIR 24.09 ▼ 0.45% YPF 82,500 ▲ 2.33% GGAL 8,275 ▲ 3.89% PAMPA 5,625 ▲ 2.74% TXAR 668.50 ▼ 1.55% ALUAR 974.00 ▲ 0.10% TGS 9,905 ▲ 2.01% CEPU 2,411 ▲ 3.03% MIRGOR 16,925 ▲ 0.89% COME 43.14 ▲ 0.63% LOMA NEGRA 3,823 ▲ 6.03% BYMA 295.00 ▲ 0.94% TELECOM ARG 4,420 ▲ 3.88% ECOPETROL 16.69 ▲ 0.97% BANCOLOMBIA 84.66 ▲ 1.22% GRUPO AVAL 5.04 ▼ 0.98% CREDICORP 393.43 ▲ 0.60% SOUTHERN COPPER 195.48 ▲ 3.97% BUENAVENTURA 32.09 ▲ 2.69% MERCADOLIBRE 1,799 ▼ 1.29% NUBANK 14.51 ▲ 0.83% XP 17.30 ▲ 2.67% PAGSEGURO 9.67 ▲ 0.94% STONE 11.36 ▲ 0.93% GLOBANT 30.67 ▼ 4.45% TECNOGLASS 45.24 ▲ 0.20% GAP AIRPORT 217.70 ▲ 0.01% ASUR 273.53 ▼ 0.52% OMA AIRPORT 105.35 ▲ 1.07% AMX ADR 26.12 ▲ 0.12% FEMSA ADR 130.96 ▲ 0.47% CEMEX ADR 12.74 ▲ 0.32% PETROBRAS ADR 18.89 ▲ 1.89% VALE ADR 14.85 ▲ 4.21% ITAU ADR 8.48 ▲ 0.95% SANTANDER BR 5.45 ▲ 0.74% AMBEV ADR 3.14 ▲ 0.96% CSN 1.09 ▲ 9.00% GERDAU 4.77 ▲ 2.69% LATAM ADR 51.22 ▼ 0.68% BTC 65,613 ▼ 0.74% ETH 1,925 ▼ 0.43% SOL 77.72 ▼ 0.24% XRP 1.13 ▼ 0.69% BNB 570.28 ▼ 0.08% ADA 0.17 ▲ 0.34% DOGE 0.07 ▼ 0.70% AVAX 6.61 ▼ 0.11% LINK 8.63 ▲ 0.06% DOT 0.82 ▼ 1.70% LTC 46.79 ▼ 0.60% BCH 217.00 ▼ 1.35% TRX 0.33 ▼ 0.34% XLM 0.19 ▼ 1.12% HBAR 0.07 ▲ 0.11% NEAR 1.89 ▲ 1.45% ATOM 1.46 ▼ 0.45% AAVE 97.12 ▼ 0.24% SELIC 14.25% EMBRAER 83.79 ▲ 1.38% EMBRAER ADR 66.05 ▲ 0.89% JBS 12.25 ▲ 2.51% JBS BDR 61.80 ▲ 2.62% MBRF3 16.03 ▲ 6.09% MBRFY 3.19 ▲ 8.14% INTER 5.69 ▲ 1.97% EGX 53,932 ▼ 0.11% USD/ZAR 16.41 ▲ 0.01% USD/NGN 1,370 — 0.00% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.37 ▲ 0.17% USD/CNY 6.7590 ▼ 0.07% DAX 25,027 ▼ 0.51% CAC 8,351 ▼ 1.03% FTSE 10,704 ▼ 0.12% MIB 51,809 ▼ 1.86% IBEX 19,462 ▼ 0.56% STOXX 642.91 ▼ 0.62% EUR/USD 1.1408 ▼ 0.01% GBP/USD 1.3365 ▼ 0.08% SPX 7,499 ▼ 0.14% DJI 52,219 ▼ 0.01% NDX 28,998 ▼ 0.54% RUT 2,960 ▼ 0.92% TSX 35,485 ▲ 0.33% VIX 17.61 ▲ 5.83% USD/CAD 1.4081 ▼ 0.01% US10Y 4.6570 ▲ 0.63%
since 2009
Thursday, July 23, 2026

Europe’s Battle with Overtourism: A Crisis at Every Corner

By · July 15, 2024 · 2 min read

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Europe leads as the most visited continent, attracting millions annually. Yet, this popularity fuels local discontent as cityscapes morph into tourist havens.

Venice epitomizes this struggle. Home to about 49,000 locals, it reels in under 20 million tourists a year.

Residents now take drastic measures, like squatting in apartments, to protest a tourism-induced housing crisis with rents soaring and homes turning into vacation spots.

The issue spreads across Barcelona, Lisbon, Prague, and Amsterdam, where locals grapple with similar woes: rental spikes, overpriced properties, vanishing local shops, and environmental strain.

Tourism, a significant economic engine, drives about 10% of the EU‘s GDP and supports 12.3 million jobs.

Europe's Battle with Overtourism: A Crisis at Every Corner
Europe’s Battle with Overtourism: A Crisis at Every Corner. (Photo Internet reproduction)
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Yet, this prosperity doesn’t trickle down to residents facing inflated living costs and exclusion from their neighborhoods.

Sebastian Zenker from Copenhagen Business School critiques this imbalance, emphasizing the need for real benefits for residents amid rising costs.

Few locals reap substantial benefits from tourism. In countries like Italy, where there is no minimum wage, economic disparities persist.

Economic Impact and Tourism Regulations

In Portugal and Spain, minimum wages are approximately 4.85 and 6.87 euros per hour, respectively.

In addition, large corporations in airlines and hotels dominate the profits, leaving scraps for local economies.

Cruise ships, for example, largely bypass local businesses, with passengers eating and sleeping onboard, contributing to pollution and resource depletion without spending much locally.

As resistance mounts, cities are clamping down. Amsterdam has banned new hotels and curtailed drug and party tourism.

Lisbon and Palma de Mallorca are halting new short-term rental licenses, combating rental market distortions.

Barcelona plans to phase out 10,000 holiday rental licenses by 2028 to cool off an overheated rental market. Further, the cruise industry faces tighter controls.

Since 2021, Venice has barred large cruise ships from its center to cut down on pollution and overcrowding. Amsterdam aims to implement similar restrictions by 2026.

In short, the push for “quality tourism” aims to attract wealthier tourists who presumably spend more, yet this could unintentionally widen social divides.

Macià Blázquez-Salom warns that catering to affluent visitors could intensify gentrification and price locals out of their own cities.

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