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UK tourism set to slow
The British tourism industry has heard that competition for tourists will only get tougher as new destinations continue to emerge – this is ahead of today’s TravelMole FastConference on UK tourism.
Figures released today by the World Travel and Tourism Council (WTTC), suggest that growth in travel and tourism demand for the UK is expected to slow in the coming decade as the country faces increasing competition from emerging destinations in Asia and Europe.
WTTC president Jean Claude Baumgarten said: “The [UK] industry is set to grow 5.1% in 2005.Nevertheless, when compared to other developing and mature travel and tourism economies, long-term growth is sluggish at 3.3% per annum in the period 2006 – 2015.”
WTTC executive committee member and Hilton Group plc chief executive David Michels added: “The UK must not sit on its laurels but must instead be prepared for new emerging markets and growing world competition among destinations.”
Mr Baumgarten specified the emerging competition as “Eastern and European destinations”, and added that the UK must continue to invest in tourism infrastructure in order to get its share of the rapidly growing demand from China, India and Russia.
Tickets are still available for today’s TravelMole FastConference, which tackles the issues affecting the UK domestic tourism industry.
Call 020 7691 3292 to register.
Report by Ginny McGrath
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