Contribution of Tourism to UK Economy

Discuss how Tourism sector
contributes towards the UK
economy

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................5

INTRODUCTION
Tourism is considered as one of the fastest growing sector in the entire world, that
directly contributes to increase global gross domestic product (GDP). With increasing demand of
tourism, job employment opportunities, development of infrastructure and others, also increases,
which leads to enhance living standard of societies (Kassotaki, 2019). The present essay is going
to discuss contribution of tourism in development of UK economy, by taking a number of
statistical facts and figures.
MAIN BODY
Spending holidays overseas or in domestic marketplace with family, is most trendy these
days. Today, people around the world like to visit different-different places like destinations,
heritages, monuments and more, mostly during summers and winters (Pulido-Fernández,
Cárdenas-García and Espinosa-Pulido, 2019). Therefore, money they spend for visiting a
particular country refers to the main income source of the tourism industry. Tourism can be
defined as an activity which mainly concerns on attracting the visitors towards famous
destination and heritages of a country. For this purpose, it monitors the social progress, that
brings tremendous growth in economic value for a nation. In another words, tourism also defines
as travelling of people from one place to another, with different-different purpose like visiting
the beautiful destinations, conducting business meeting and more (Lin, Yang and Li, 2019). So,
this would create foundation and builds the base for a country for bringing tourism in its place.
Tourism provides a number of benefits to a country in terms of economic development,
improvement of infrastructure of societies, building brand value and more. Apart from promoting
the destinations, providing employment opportunities consider as the most important
contribution of tourism, that enables the local residents to earn for their livelihood. Therefore,
every country today, concerning more on promoting tourism for increasing the footprint of
visitors over there (Teixeira and Ferreira, 2019). In context with UK, it has evaluated that this
nation takes tourism as a platform for growth and development of its marketplace.
In UK marketplace, Tourism from the year 2010, has been considered as the fastest
growing industry, which forecast that in 2025, it will worth more than £257 billion. The
expansion of tourism has created 9.6% jobs of total employment rate where in 2013, over 3.1
million job opportunities is provided by the organisations that deal in tourism business, which is
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