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Analyse and explain using up to date statistics, the revenue generated by Travel and Tourism in the UK.
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Assignment 2: Scale of the UK Travel and Tourism industry. This investigation covers just what contribution the Travel and Tourism industry makes on the economy of the UK. I am going to look at statistics from the industry, which show stats on revenue, employment and numbers of tourists. Analyse and explain using up to date statistics, the revenue generated by Travel and Tourism in the UK. The British tourist authority and the English tourism council estimate that the value of UK tourism in 1998 was 61,201million, making the industry the 4th largest earner of foreign exchange. In 1998, 25 million overseas visitors came to Britain, spending more than £12billion. The BTA estimates by the year 2003, overseas will spend around £18 billion a year in the UK, %44 more than in 1998. A wide range of industries benefit from both direct and indirect...
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