Home Business news Drop in tourism could wipe £22bn from UK economy, says WTTC

Drop in tourism could wipe £22bn from UK economy, says WTTC

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Almost 3m jobs at risk because of uncertainty around Covid-19 travel restrictions

The UK is forecast to lose £22bn in spending as international tourism plummets, putting almost 3m jobs at risk, according to a report.

The World Travel & Tourism Council (WTTC) said the continuing uncertainty around travel restrictions designed to halt a resurgence in coronavirus cases is causing millions of overseas travellers and tourists to opt for staycations in their home countries instead.

Related: Abta says Covid crisis could claim 18% of UK travel sector’s jobs

Continue reading…Almost 3m jobs at risk because of uncertainty around Covid-19 travel restrictionsCoronavirus – latest updatesSee all our coronavirus coverageThe UK is forecast to lose £22bn in spending as international tourism plummets, putting almost 3m jobs at risk, according to a report.The World Travel & Tourism Council (WTTC) said the continuing uncertainty around travel restrictions designed to halt a resurgence in coronavirus cases is causing millions of overseas travellers and tourists to opt for staycations in their home countries instead. Related: Abta says Covid crisis could claim 18% of UK travel sector’s jobs Continue reading…