UKinbound is calling for the creation of an Inbound Tourism Resilience Fund and has submitted a proposal to the Treasury that would see tour operators and destination management companies (DMCs) able to apply for a capped grant. This would be based on the level of turnover lost in 2020 and forecast operating costs.
UKinbound said the fund would help businesses wholly reliant on international visitors to survive until the return of the market in spring 2021. It forecasts that unless help is forthcoming, 64% of staff will be redundant “by the end of this year”.
