Business confidence remains low for inbound tour operators
Business confidence among UK inbound tour operators remains low, according to the latest UKinbound Business Barometer.
Members’ confidence for the 12 months remained low at 47%, slightly up on March/April figures.
Confidence has steadily declined since September/October 2017 when it was 60%.
The figures, based on members’ feedback regarding their business performance in May/June, found 72% said bookings, visitor numbers and customer orders were the same or higher compared to the same period last year.
For those that were higher, orders had risen by an average of 27%.
In addition, 82% had seen yield stay roughly the same or higher compared to 2017 figures.
UKinbound chief executive officer Deirdre Wells OBE said: "It’s unfortunate but not surprising that confidence in our industry remains low. The implications of Brexit and resulting uncertainty continues to cause challenges for our members.
"It is positive however to see that yield, alongside bookings/visitor numbers/customer orders, is holding and growing, but the industry needs answers from Government about the UK’s relationship with the EU post Brexit in order to safeguard the long-term growth and success of the UK’s inbound tourism industry."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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