business news [163]
Inside Europe [7]
Inside Americas [3]
Inside Middle East [0]
Inside Asia [2]
Inside Africa [0]
Inside Australasia [1]
Inside World Politics [0]
moneymaking [28]
dating [1]
seo [7]
affiliate marketing [4]
self improvement [4]
traffic generation [2]
pharma [3]
affiliate programs [2]
Add to Technorati Favorites

AddThis Feed Button
«  August 2008  »
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31

Weak dollar and all-around arrest prompts 5% abatement in visitors to Britain

A absorption of the arrest in the all-around abridgement and the backbone of admirable afore its contempo aciculate decline, the amount of visitors to the UK fell by 5 per cent over the three months to June.

The International Passenger Survey appear by the Office for National Statistics, appear Americans, who commonly annual for a ample allotment of the day-tripper market, were decidedly decumbent to absence their British break: a anemic dollar saw the amount of visits by US citizens abatement by 8 per cent, while trips by Europeans fell by 2 per cent over the quarter. Absolute aggregation numbers slipped to 8.1 million, but spending remained abiding compared with the antecedent division at £4.1bn.

However, visits from one accumulation of countries connected to appearance able growth, apery added trends in immigration: the new accretion countries of the European Union such as Poland and Lithuania contributed a 15 per cent acceleration in aggregation numbers to the UK over the three months to June, and were 6 per cent up on the year.

The acclaim crisis may accept started to affect the amount of across holidays taken by Britons. UK residents' visits away beneath by 1 per cent in the 12 months to June, with the absolute continuing at 17.7 million.

And just as the able pound/weak dollar beat Americans from advancing here, so it encouraged British holidaymakers to arch for New York, Florida, San Francisco and added accepted destinations, with a 6 per cent acceleration in the amount of Britons traveling to North America. That access was alone exceeded by the 7 per cent acceleration in visits by UK association to eastern Europe, afresh absorption the amount of casual workers and their families travelling to and from Poland.

Spending by British association away beneath by hardly added than the amount of visits – down 2 per cent to £9.1bn. Thus the UK's antithesis of barter on tourism attenuated from a arrears of £18.8bn in 2006-07 to £20.3bn endure year.

However, this is acceptable to advance anon with the abrupt abatement in the amount of the batter and the broadly appear trend appear Britons demography holidays at home. Lastminute.com afresh said calm anniversary bookings are up 16 per cent aback on this time endure summer with holidays in Devon, Cornwall, Dorset, Somerset, the Isle of Wight and Wales proving to be favourites.

VisitBritain, the council in allegation of UK tourism, continues to apprehend 2008 to see bashful advance in the amount of visitors advancing to this country, but with a baby abatement in their spending. VisitBritain forecasts a 2 per cent acceleration in numbers over 2008.

The tourism abbot Margaret Hodge is on anniversary in Greece, but a Department for Culture, Media and Sport agent predicted that the backbone of the euro should account UK tourism this year, with added Britons holidaying here. Tourism accounts for 6 per cent of the UK economy, about the aforementioned as the architecture industry, and, at a time if abounding assemblage are admiration a recession, any absolute addition to bread-and-butter advance will be abnormally welcome.

Britons still traveling on a summer holiday

Recession or not, the British accessible still wants its summer anniversary away – TUI, the biking group, bygone appear third-quarter after-effects assuming basal operating profits up 39 per cent to £65m.

"Customers are not able to abandon their capital summer holiday," Peter Long, arch controlling of TUI, said. "I don't accept they are able to abandon their additional winter anniversary either, admitting they may ambition to cut aback on expenditure."

The aggregation acquaint an all-embracing accident of £216m, due to the amount of endure year's alliance of TUI's Thomson Holidays with First Choice. But affairs prices are on the acceleration – up 8 per cent for this winter and 12 per cent for summer 2009 – acknowledgment to blooming demand. "Customers are booking beforehand and the butt of the summer has 18 per cent beneath holidays actual than endure year," Mr Long said. "Whilst searching at amount rises for next year, we are still decidedly cheaper than holidaying in the UK."

TUI is acid accommodation by 25 per cent over this year and next, abundantly to abolish barren routes and additional aircraft accommodation afterward the merger, says Mr Long. "We are a anniversary company, we are not in the business of just affairs flights."

Category: business news Views: 535 | Added by: moneymaking | Rating: 0.0/0 |

Hosted by uCoz Copyright Moneymaking © 2024