UK Economy Loses More Than £2.2BN from International Traveller Spend, reveals WTTC

UK Tourism at Risk of Long-Term Decline, Due to Government Policy, WTTC Warns

The UK is at risk of seeing its inbound tourism industry fall into long-term decline, due to a number of economic decisions which could act as deterrents to potential visitors, the World Travel & Tourism Council (WTTC) has warned. Travel and tourism contributed £286bn to the UK economy last year – nearly 4% ahead of 2019 – accounting for 10% of the country’s GDP; and the industry supported 4.2 million jobs. However, the British Government’s ETA …

UK Economy Loses More Than £2.2BN from International Traveller Spend, reveals WTTC

The World Travel & Tourism Council (WTTC) has warned that the UK lost more than £2.2BN worth of exports as international visitors’ spending nosedived last year, compared to 2019, as the UK government continues to pile on taxes, red tape and slashes the budget of VisitBritain, the UK’s marketing arm.

UK economy loses over GBP 2.2 billion from international tourist spending: WTTC

Rate this post Spending by international visitors in the United Kingdom declined sharply in 2024, leading to a lost revenue of about GBP 2.2 billion (USD 2.74 billion) compared to peak tourism revenues in 2019, says a report by World Travel & Tourism Council (WTTC). In its 2025 Economic Impact Research (EIR), which comes at a time when the United Kingdom has increased taxes and simultaneously reduced the budget of VisitBritain, which is the coun…