Monday 25 June 2018

Travel and Tourism growth for the UK


TRAVEL & Tourism grew by over four times the rate of the wider UK economy in 2017, according to a new report recently launched by the World Travel & Tourism Council (WTTC). 

WTTC's latest annual research, in conjunction with Oxford Economics, shows the United Kingdom’s Travel & Tourism sector contribution to GDP grew by 6.2% in 2017, higher than the global average (4.6%) and more than four times faster than the UK’s economy as a whole (which grew by 1.5%). 

This growth translated into £214 billion contribution to GDP, 4 million jobs, and £29 billion in exports. This shows the role of Travel & Tourism in driving economic growth and creating jobs in Britain, and emphasises the vital importance of safeguarding the interests of the sector post-Brexit.

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