Tag: EuropeanMarkets
Britain’s inbound tourism forecast for 2021 predicts the first signs of a slow recovery
A forecast published by Visit Britain shows a gradual increase in the value of inbound tourism during January to March 2021 with a step-change heading into Easter and the spring, if national restrictions are eased as expected, particularly from short-haul European markets. Overall, VisitBritain is forecasting 16.9 million inbound visits in 2021. While this is an increase of 73% this year, it is less than half of the 40.9 million visits the UK saw in 2019. Inbound visitor spending is forecast to reach £9.0 billion in 2021. Although up 59% in 2020, it is less than a third of the ... Read more