Published on : Jan 08, 2018
Albany, New York, January 8, 2017: Market Research Hub has included a new report in its repository titled ‘Visitor Attractions – UK – November 2017’. In this report, visitor attractions in the United Kingdom have been examined in great detail, especially in the wake of a weak pound. Inbound visitors to the United Kingdom is a huge sector for the UK economy as such inbound tourists brings billions of pounds through spending and revenues. The figures for inbound tourism in the UK are encouraging and is one of the fastest growing industries in the United Kingdom. This industry has also become a key driver for economic growth in the country and is responsible for creating a huge job growth. Since the hotels, shops and attractions in the UK are offering a great value for overseas visitors currently, the inbound tourism in the UK is witnessing a huge growth. UK is also resorting to aggressive marketing campaigns and strategic partnerships in order to boost the number of inbound tourists to the country further. Countries like China, the United States and other European countries are the main markets for the inbound tourism in the United Kingdom.
Effect of Weak Pound on Inbound Tourism in the UK
Ever since the Brexit vote, the pound sterling has been sliding in value and this has benefitted the inbound tourism to the United Kingdom, with a record number of people visiting the country in the year 2017. In particular, visitors from the North America region displayed renewed interest in visiting the UK after the value of the pound dropped to a three-decade low against the dollar. Due to this slide in the value of the pound, American visitors found UK to the cheap and they paid less for their accommodation and also got more pounds when they exchanged money on coming to the UK. The same situation can been seen in the value of the pound declining sharply against the euro and hence more visitors from the European countries also preferred UK as their holiday destination due to the economic considerations. However, there are other reasons for the surge in the popularity of the UK as a tourist destination. Some of the other factors include the thriving cities of the UK, the many things tourists can do in the country and the rich cultural experience that the UK gives to the tourists.
The report starts with an overview and also has an executive summary in the beginning where the findings of this valuable report have been summarized. The report gives information about the forecast of trends in visits to UK visitor attractions, 2012-22 and states that English attractions take the major share of the visitors. The report also gives data about the share of visits to UK visitor attractions, by nation, 2016. In the report, information is given about the types of attractions visited and states the fact that day trips dominate the tourism sector in the United Kingdom. This report also gives information about the attraction visiting activities, September 2017 and gives the analysis of the same. Besides, there is information provided about the market size and forecast and data is given regarding the trends in visits to UK visitor attractions, 2012-22.
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