Published on : Monday, October 16, 2017
The UK remains a major beneficiary of global tourism, and attracted 34 million international travellers in 2016, generating 3.7% of the national GDP. While the UK attracts a lot of attention due to its cultural resources and business travel, its security standards, however, have declined, and health and safety remains a major impediment for further growth in the tourism sector.
Tourism remains a principal driver for economies around the globe. Attracting tourists boosts the growth, employment, development and cultural exchange between countries. Globally, around $7.6 trillion in GDP is created by the tourism industry, representing 10.2% of total global GDP. The tourism industry generated around 292 million jobs in 2016, while international arrivals increased by 46 million in 2016 to 1.2 billion. Tourism industry is expecting to see around 1.8 billion tourists by 2030, which is in turn boosting aircraft demand and bringing travel sector skillset shortages into the spotlight.
The tourist industry in the UK is one of world’s most vibrant, attracting more than 34 million people every year, with visitors providing around $45 billion in inbound receipts. The economic output generated by tourism to the UK equates to around $103 billion, or 3.7% of total GDP.
In terms of global rank on the Tourism and Travel Index, the UK ranks 5th. The country is particularly strong in terms of business environment, cultural resources and business travel, tourist services infrastructure and air transport infrastructure.
Tags: UK Tourism