THE outbound travel sector is worth £28.3 billion a year to the UK economy, says the Association of British Travel Agents (ABTA).
Its study, carried out by the Centre for Economics Business Research, found that this figure was equivalent to 1.8% of the UK’s gross domestic product. Outbound travel supports 214,000 jobs directly and 435,000 in the wider economy. This represents a greater UK employment contribution than the country’s postal and courier industries, and those involved in the manufacture of food products and electrical equipment.
The report says that holidaymakers spend in excess of £34 billion in the UK before they go abroad, highlighting the economic contribution outbound tourism makes to the UK economy.
Mark Tanzer, ABTA chief executive said: ‘Outbound travel is a key part of the UK’s vibrant tourism mix and has enormous potential for growth. MPs and the government must ensure that we have in place the right policy and tax framework to allow the UK’s tourism mix to reach its full potential in the years ahead.’
Go Holiday news : www.govillasandcottages.co.uk
Its study, carried out by the Centre for Economics Business Research, found that this figure was equivalent to 1.8% of the UK’s gross domestic product. Outbound travel supports 214,000 jobs directly and 435,000 in the wider economy. This represents a greater UK employment contribution than the country’s postal and courier industries, and those involved in the manufacture of food products and electrical equipment.
The report says that holidaymakers spend in excess of £34 billion in the UK before they go abroad, highlighting the economic contribution outbound tourism makes to the UK economy.
Mark Tanzer, ABTA chief executive said: ‘Outbound travel is a key part of the UK’s vibrant tourism mix and has enormous potential for growth. MPs and the government must ensure that we have in place the right policy and tax framework to allow the UK’s tourism mix to reach its full potential in the years ahead.’
Go Holiday news : www.govillasandcottages.co.uk
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