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UK to take £37 billion hit from lost tourism revenue

Domestic
Gary Noakes
19 May 2020

The UK will lose £37 billion in domestic and inbound tourism revenue this year, Visit Britain has estimated.

The winner

Patricia Yates, Visit Britain acting chief executive, outlined the Covid-19 impact to parliament’s digital, culture, media and sport committee.

“Every time we do the modelling it gets worse,” she said.

“For inbound, we were looking at £26.6 billion coming in this year. We reckon a £15 billion drop on that and for domestic, an industry that’s normally worth around £80 billion, a £22 billion drop on that and that’s actually before we’ve factored in the quarantine.

“I think inbound tourism will be slower to recover if there is a quarantine on that.”