Date :
24/11/2013
The newly published report, commissioned by VisitBritain and produced by Deloitte, has found that since 2010, tourism has been the fastest growing sector in the UK in employment terms, responsible for one-third of the net increase in UK jobs between 2010 and 2012.
Recent employment growth in the sector has been ‘stellar’ over this period says the report – more than four times the rate of manufacturing.
Inbound tourism across UK and Scotland
According to the report, UK Inbound tourism will continue to be the fastest growing tourism sector, with spend by international visitors forecast to grow by over 6% a year. The value of inbound tourism is forecast to grow from around over £21bn in 2013 to £57bn by 2025, with the UK seeing an international tourism balance of payments surplus within a decade - almost forty years since the UK last reported a surplus.
If Britain were to become as successful as its European competitors in the new emerging growth markets for tourism (such as China) it could increase the value of inbound tourism by an additional £12bn by 2025: an increase to £69bn or over 20% on the base forecast.
Scottish inbound tourism is set to grow from £2.0bn in 2013 to £5.2bn by 2025.
Download the report here.
Read more about the report from VisitScotland News here.