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WTTC: UK losing £60m inbound tourism revenue a day

Government
James Chapple
26 August 2020

The collapse of international tourism is set to cost the UK economy some £22 billion this year, and place nearly three million jobs at risk.

'Hospitality has been noisy and highly effective. Travel has just been noisy.'

International visitor spending for the year is expected to come in nearly 80% down on 2019 at a cost of £60 million a day, the WTTC has warned.


It has cited "continuing uncertainty around travel restrictions designed to curb the spread of Covid-19" for the severe downturn.


According to World Travel and Tourism Council’s 2020 Economic Impact Report, travel and tourism – directly or indirectly – sustained almost four million jobs, around 11% of the country’s total workforce, and generated nearly £200 billion GDP.


However, its "worst case" scenario model suggests up to three million jobs supported by the sector are at risk.