On 14 April, the Office for Budget Responsibility (OBR) published commentary on the Coronavirus reference scenario. It said that the Coronavirus lockdown will deliver a large (but hopefully temporary) shock to the economy and public finances. Read their scenario analysis here.
Article Category: Research
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Research into holiday parks industry shows its importance as wealth and job creator
The UK holiday park and campsite sector makes a substantial contribution to the UK tourism economy. It generates £9.3bn in visitor expenditure, equivalent to £5.3bn GVA and supporting 171,448 FTE jobs, according to research done by the UKCCA (UK Caravan and Camping Alliance). The UK holiday park and campsite sector accounted for 8 % of...
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96% of destinations in the world have introduced travel restrictions
The scale of disruption caused by COVID-19 to global tourism is shown in a comprehensive new report on travel restrictions from the World Tourism Organization (UNWTO). The landmark report, published at a time of unprecedented disruption for the sector, shows that almost all global destinations have imposed restrictions on travel since January 2020, including complete...