£15bn tourism deficit
Discussion
Just reading how the UK has a £15bn tourism balance deficit. That means we spend £15bn abroad more than the whole of the world spends coming to visit our lovely little island. Doesn't suprise me at all why would anyone want to come here?. Germany interestingly spends more money coming here than we do going there but for the rest of the world the figures are amazing.
Makes you think if the UK actually has anything going for it any more.
Obviously the Olympics will change all this. Hmm.
Makes you think if the UK actually has anything going for it any more.
Obviously the Olympics will change all this. Hmm.
It'll be intresting to see what happens to that deficit as the pound weakens.
That is gonna make holidays abroad increasingly expensive and at the same time make holidays to the UK more attractive to foreigners.
I would expect the combined effect of these would be to reduce the deficit, if not turn it around!
That is gonna make holidays abroad increasingly expensive and at the same time make holidays to the UK more attractive to foreigners.
I would expect the combined effect of these would be to reduce the deficit, if not turn it around!
We have been dependent on tourism from the US and Asia for years. The difference in recent years is that the high value of Sterling has lead to it becoming VERY expensive to come here. So its hardly surprising that some tourists have not come here. Though your comments say about a deficit rather than a drop in the revenue from tourism.
With the drop in Sterling, we can expect this to improve, but this is off-set based upon the worldwide economy as a whole. That said though, its not a major issue. Not everyone wants to see Chocolate box villages and queues for anything vaguely interesting....
With the drop in Sterling, we can expect this to improve, but this is off-set based upon the worldwide economy as a whole. That said though, its not a major issue. Not everyone wants to see Chocolate box villages and queues for anything vaguely interesting....
off_again said:
We have been dependent on tourism from the US and Asia for years. The difference in recent years is that the high value of Sterling has lead to it becoming VERY expensive to come here. So its hardly surprising that some tourists have not come here. Though your comments say about a deficit rather than a drop in the revenue from tourism.
With the drop in Sterling, we can expect this to improve, but this is off-set based upon the worldwide economy as a whole. That said though, its not a major issue. Not everyone wants to see Chocolate box villages and queues for anything vaguely interesting....
Flights from here to the UK are often less expensive than in country flights for us. The turn off is the expense once there. With the currency exchange adjustment going on now, I would anticipate more tourists heading your way.With the drop in Sterling, we can expect this to improve, but this is off-set based upon the worldwide economy as a whole. That said though, its not a major issue. Not everyone wants to see Chocolate box villages and queues for anything vaguely interesting....
Piersman2 said:
It'll be intresting to see what happens to that deficit as the pound weakens.
That is gonna make holidays abroad increasingly expensive and at the same time make holidays to the UK more attractive to foreigners.
I would expect the combined effect of these would be to reduce the deficit, if not turn it around!
Id say the fact that every other country has sunshine and this hole doesn't has more to do with the fact noone bothers to come and visit than the cost. Half the country will still be going to spain in the summer im sure, even if the pound is screwed. That is gonna make holidays abroad increasingly expensive and at the same time make holidays to the UK more attractive to foreigners.
I would expect the combined effect of these would be to reduce the deficit, if not turn it around!
BoRED S2upid said:
Piersman2 said:
It'll be intresting to see what happens to that deficit as the pound weakens.
That is gonna make holidays abroad increasingly expensive and at the same time make holidays to the UK more attractive to foreigners.
I would expect the combined effect of these would be to reduce the deficit, if not turn it around!
Id say the fact that every other country has sunshine and this hole doesn't has more to do with the fact noone bothers to come and visit than the cost. Half the country will still be going to spain in the summer im sure, even if the pound is screwed. That is gonna make holidays abroad increasingly expensive and at the same time make holidays to the UK more attractive to foreigners.
I would expect the combined effect of these would be to reduce the deficit, if not turn it around!
Edited by Piersman2 on Monday 8th December 15:51
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