UK expected to create 700,000 travel jobs in the next decade

Thursday, May 19, 2022 0

The World Travel & Tourism Council’s latest Economic Impact Report projects the UK could create nearly 700,000 new travel service jobs over the next decade.

The forecast from the WTTC shows an average of 70,000 new jobs will be created annually.

According to the report, the UK’s travel sector’s contribution to GDP is forecast to grow at an average rate of 3% between 2022-2032.

Julia Simpson, WTTC President & CEO, said: “The future looks bright for the revival of the UK tourism sector, but in the short term, international visitor spend is so low it is hampering the economic recovery.”

The latest EIR report also reveals that 2021 saw the slow beginning of the recovery for the UK’s travel sector.

Last year, its contribution to GDP climbed 40.3% year on year, to reach more than £131 billion, still significantly below 2019 levels.

The sector’s contribution to the economy could have been higher if it weren’t for the impact of the Omicron variant. 

Related News Stories :   Travel job placements at second-highest level ever in April     TUI cancels holidays to crisis-hit Sri Lanka     Ski tourism at record high     Biden administration easing Cuba flight rules     Japan opening to tourists from four countries     Israel lifting final Covid entry rules  


Ray Monty

Most Read

ITA Airways are expanding, Andrew Bunn UKI and Nordics Manager explains

Pierfrancesco Carino VP International Sales of ITA Airways explains the strategy for the airline

Antigua and Barbuda Update on What’s New in the Hotel Sector

Get a sneak peak at the Antigua and Barbuda’s Vision 2032

Diversity within DMO’s and the European influence - We speak to Destinations International

Western Australia is open for business and we speak to Roger Cook Deputy PM of the state and MOT

Buy Now Pay Later Travel Customers Are Demanding It

Dana Young of Visit Florida turns the tables on Graham as they discuss visiting the Sunshine State

Buy Now Pay Later Travel: Customers are Demanding it

Thailand is now fully opened: Learn all about it from Markland Blaiklock, head of Centara Hotels

Crypto Payments For Travel What You What To Know

Chris King of Lightning Recruitment speaks about the issues surrounding hiring talent

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari