Skills Blog

Unravelling the skills spaghetti

Tourism in UK worth £85 Billion in 2005

Posted by David on Tuesday, April 24, 2007

Latest research from Visit Britian values tourism in the UK at a massive £85 billion in 2005 with:

  • 80% of this generated by domestic tourism
  • Roughly 25% is accounted for by the “retail experience”
  • 17% accounted for by spending by overseas visitors during their visit to the UK

In real terms UK tourism is now back to where it was in 2000.

This £10 billion rise from the previous valuation illustrates the importance of the sector for the UK economy.

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