Overview
- International visitor spending in the UK fell to £40.3 billion in 2024, a 5.3% decline from pre-pandemic levels, creating a £2.2 billion shortfall.
- The WTTC attributes the decline to government measures, including the removal of VAT-free shopping, higher air passenger duties, and new electronic travel authorisation fees.
- VisitBritain’s promotional budget was cut by 44%, impacting efforts to attract international tourists to the UK.
- Travel and tourism contributed £286 billion to the UK economy in 2024, supporting 4.2 million jobs, yet the WTTC warns of lost competitiveness against other European destinations.
- The UK government plans to launch a national visitor economy strategy this autumn, aiming to attract 50 million international visitors annually by 2030.