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$79 million a day—that’s how much the U.K. is losing from tourism collapse

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The U.K. economy is set to lose £22 billion ($29 billion) from the collapse of international travel during 2020, according to a report published on Wednesday.

Travelers and tourists are staying away from the U.K. “in droves” because of continuing uncertainty around travel restrictions designed to curb the spread of Covid-19, the report by the World Travel & Tourism Council (WTTC) found.

As a result, international visitor spending this year could plunge by 78% compared with 2019 levels, equating to a loss of £60 million ($79 million) a day, or £420 million a week, to the U.K. economy, according to WTTC estimates.

Read:Global tourism loses $320…



Source marketwatch.com

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