The World Travel & Tourism Council’s 2023 Economic Impact Research said the sector was set to contribute £252.4 billion to the UK economy this year, surpassing the 2019 pre-pandemic high of £248.5 billion.
The WTTC also forecasts the sector will create almost 380,000 jobs this year, recovering nearly all jobs lost during the pandemic. Employment in the sector is set to reach more than four million, with around one in nine UK workers in the sector.
Research carried out with Oxford Economics forecasts international visitor spend in the UK to reach £26.18 billion, just 6% behind the 2019 peak of £38.6 billion.