Downturn predicted – but not for long

Saturday, 11 Jul, 2005 0

The UK is likely to see almost 600,000 fewer overseas visitors following last week’s London bombings, according to the World Travel and Tourism Council.

A meeting of the WTTC crisis committee estimated Britain could expect a 1.9% decline in arrivals, around 588,000 people, with the impact felt throughout 2006 but fading in 2007.

The figures emerged shortly after the WTTC urged people to “carry on travelling.”

WTTC president Jean-Claude Baumgarten said: “It is expected that the impact of the London bombings, much like that realised by the Madrid and Bali bombings, will continue into 2006 but will have completely dissipated by 2007. Of course this assumes that UK authorities undertake at least similarly strong measures of reassurance and encouragement to regain and rebuild visitor confidence and that no further events take place in the meantime.”

The crisis committee also predicted that revenue generated by domestic leisure travel would fall £2.3 billion and business travel by £523 million.

It added the fact that companies recovered their stock value within 24 hours of the attacks reflected the confidence in the industry.

The WTTC said the estimates are based on in-depth analysis of other major incidents, both natural, such as hurricanes, and terrorist related.

Report by Steve Jones 



 



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...