Deloitte report highlights tourism’s contribution to the economy
The economic case for the Visitor Economy, September 2008
A new report from Deloitte has revealed that the total economic contribution of the Visitor Economy to Britain is £114 billion, or 8.2 per cent of total GDP.
The comprehensive analytical study, jointly commissioned by VisitBritain and the Tourism Alliance, illustrates the vital role that the Visitor Economy plays in Britain and covers issues surrounding the direct and indirect impacts on tourism (from sectors directly related to tourism and from other sectors that rely on tourism through the supply chain). It also highlights the wider contribution of the Visitor Economy in delivering other socio-economic policy objectives, such as regeneration, enhancing skills and attracting investment.
However, Deloitte found that while the sector has the potential to continue to grow strongly, it also faces a series of short-term and longer-term challenges. The report investigates these risks and identifies the key areas of concern in the effort to further enhance and protect the economic contribution of industry. Download your own copy of the report here (PDF, 1555kb).