Impact of COVID-19 on UK Tourism Industry

This article evaluates the impact of COVID-19 pandemic on the UK Tourism Industry. It discusses the challenges faced by the industry and the measures taken by the UK government to deal with the crisis. The article highlights the importance of a strategic planning framework for the company's overall growth and recommends a number of techniques that the UK government may employ to build targeted strategy and plans.

Impact of COVID-19
on UK industry

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

INTRODUCTION
In a short amount of time, the COVID-19 epidemic has had a massive impact on the United
Kingdom and its economy. The concerns surrounding the COVID-19 epidemic have wreaked
havoc on the ordinary populace as well as the UK government. Management must also focus on
analysing the impact of COVID-19 in order to establish a focused approach. The pandemic first
appeared in the year 2019 in Wuhan, China; therefore, it is critical for tourism-related businesses
to focus on the development of effective solutions (Kamal, 2020). Companies develop business
plans in order to tackle effective operations related to growth throughout the COVID period.
Following government-developed methods is the most suggested method for resolving
pandemic-related difficulties. It is also advised that the tourism industry adhere to all important
COVID-19 protocols established by the UK government. It is also critical for the tourism sector
to pay close attention to and adhere to the goals and policies established by them.
MAIN BODY
The tourism business is a vital economic activity that aids in providing exact service to
travellers. The tourism industry in the United Kingdom attracts a large number of foreign visitors
to the country's most popular attractions. It is also critical for the corporate entity to concentrate
on tourist growth by following a variety of UK policies. All significant worldwide and domestic
corporations should develop ethical and legal operations. It is critical for a tourism company to
do a quick analysis of COVID-19 utilising statistical data (Burton and et. al., 2021). The tourism
industry is responsible for a variety of tasks related to making tourists happy, as well as a
development-oriented attitude. The development of a planning framework for business support is
also one of the most important responsibilities of a company's management.
London City is regarded as one of the most popular tourist destinations in the United
Kingdom. The most popular London locations, such as Bridge and Big Ban, attract a wide range
of visitors, generating significant money for the economy. The tourism sector's profitability and
contribution to the economy play a critical role in boosting government share. The economy has
been significantly harmed as a result of COVID-19, which has had a detrimental impact on
infrastructure development and tourism-based businesses (Chronopoulos, Lukas and Wilson,
2020). Before the COVID-19 epidemic, the tourism business in the United Kingdom was able to
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draw millions of visitors each year. When the pandemic struck in 2019, it became a huge concern
or challenge for the UK economy to work on improving this sector.
Recovery from the COVID-19 phase has recently begun, and many tourists are once again
able to visit key UK sites. The different tourist attractions have a significant economic impact on
the entire economy. The tourist business is extremely important since it aids in the creation of job
possibilities for the general populace (Lawreniuk, 2020). The tourist industry contributes
significantly to the UK economy, both in terms of national income and gross domestic product.
After COVID-19, it is also critical for a firm in the tourism sector to provide important services
to various tourists in order to grow in the marketplace.
In order to focus on the development of various strategic goals and objectives, the tourist
sector is the backbone of an economy. Management has a critical responsibility to analyse
numerous elements that are important for business growth in order to achieve a competitive edge.
The tourism industry in the United Kingdom plays an important part in the development of all
aspects of society (Grix and et. al., 2021). The support of tourism-based industries has an impact
on a country's employment turnover ratio. Tourism organisations play a critical role in the
development of various business-based aims and objectives in the primary sector. Guides earn a
large amount of money working in the tourism industry.
In recent years, a business's function in providing effective advantage to many sectors has
become increasingly important. Because of tourism sector-based organisations, the secondary
sector, which is related to transportation and supply chain management, is also growing. One of
the most important roles of the tourist sector is to concentrate on effective measures and planning
frameworks for the development of its activities and operations (Gregurec, Tomičić Furjan and
Tomičić-Pupek, 2021). Companies in the tourism industry also help to raise societal standards by
contributing to economic development. A tourism-based organization's principal duty is to
provide a set amount of revenue to the government, which is then spent on social welfare.
To stay ahead of the competition, tourism-related businesses provide high-quality services
for tourist organisations. Corporate social responsibility is another important function in which
UK businesses devote a considerable portion of their profits to society's development. In order to
control the economy, the COVID-19 epidemic has had an impact on numerous government
processes and functions in 2019. Due to the pandemic's lockdown, business and tourist arrivals
from other countries were practically halted (Weber and et. al., 2020). This has a significant
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economic impact, and the UK government has important duties in dealing with the repercussions
and issues posed by COVID-19. It is also one of the government's primary roles to assist in the
formulation of rules and regulations that are beneficial to the tourist sector's development.
The crisis had an impact on UK hospitals and clinics, as there were a huge number of
patients pleading for hospital beds. The government was also working hard to regulate different
activities that would assist the tourism sector become more competitive. In the corporate world, a
business entity must build a strategic planning framework that is necessary for significant
business development (Harky and et. al., 2021). It is critical for a corporation to play a big role in
order to lead in the marketplace. One of the fundamental purposes of the tourist business is to
examine important goals and tactics that are advantageous to the sector's development. In the
previous two years, the COVID-19 epidemic has had a significant influence on the tourism
business in the United Kingdom. COVID-19 had such a negative influence on trade and
commerce that it slowed down the entire economy.
In order to deal with the COVID-19 pandemic, it is critical for a company's management to
revisit its regulations and policies. The epidemic has had a negative influence on the company's
sales and profitability, as well as its ability to function. The unemployment rate has also risen as
a result of COVID-19's impact. This has generated a misunderstanding among the general public
in order to make them more active (Vickerman, 2021). The pandemic has had a significant
negative influence on the economy's money supply circulation, which is a crucial point. The
monetary policy produced by the UK's economic ministry also plays a significant part in the
essential development of the economy. In order to focus on main issues, the COVID-19 epidemic
has had a significant impact on monetary stability in the economy.
In order to effectively lead in the marketplace, the economics ministry is developing
comprehensive budget planning. The tourism industry has also been severely impacted by the
pandemic's effects. It is critical for a business entity to analyse and focus on key goals and
objectives stated at the beginning of the fiscal year, and to achieve them with a strong focus and
plan. The severity of the crisis is largely determined by the economic impact of the COVID-19
outbreak in the United Kingdom (Barnes, 2020). The flight systems were also halted by the UK
government in order to curtail tourism-promoting travel activities. This has had a significant
impact on the tourism industry's many trends and ideals, necessitating change management. A
corporation should employ information and technology in the bulk of its activities to deal with
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the crisis and perform rapid and precise operations. IT-based practises are actively involved in
the creation of many focused approaches that are necessary for the development of a planning
framework.
CONCLUSION
According to the above-mentioned report, it is also critical for top-level management and
strategic management of a firm to analyse important goals and objectives linked to market
research in order to comprehend market trends. To conclude this project, a brief marketing-based
survey should be undertaken in order to gain a deeper understanding of marketing trends, which
should aid in strengthening the commercial strength of a tourism-based organisation. Focusing
on key aims and objectives related to research for the creation of key parameters and techniques
is a vital responsibility for the UK economy. The essay also emphasises the significance of a
strategic and planning framework for the company's overall growth. This essay also recommends
a number of techniques that the UK government may employ to build targeted strategy and
plans.
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REFERENCES
Books and Journals
Barnes, S.J., 2020. Information management research and practice in the post-COVID-19
world. International Journal of Information Management, 55, p.102175.
Burton, A and et. al., 2021. Impact of the COVID-19 pandemic on the mental health and well-
being of adults with mental health conditions in the UK: a qualitative interview
study. Journal of Mental Health, pp.1-8.
Chronopoulos, D.K., Lukas, M. and Wilson, J.O., 2020. Consumer spending responses to the
COVID-19 pandemic: an assessment of Great Britain. Available at SSRN 3586723.
Gregurec, I., Tomičić Furjan, M. and Tomičić-Pupek, K., 2021. The impact of COVID-19 on
sustainable business models in SMEs. Sustainability, 13(3), p.1098.
Grix, J and et. al., 2021. The impact of Covid-19 on sport. International journal of sport policy
and politics, 13(1), pp.1-12.
Harky, A and et. al., 2021. COVID‐19 and cardiac surgery: a perspective from United
Kingdom. Journal of cardiac surgery, 36(5), pp.1649-1658.
Kamal, M.M., 2020. The triple-edged sword of COVID-19: understanding the use of digital
technologies and the impact of productive, disruptive, and destructive nature of the
pandemic. Information systems management, 37(4), pp.310-317.
Lawreniuk, S., 2020. Necrocapitalist networks: COVID-19 and the ‘dark side’of economic
geography. Dialogues in Human Geography, 10(2), pp.199-202.
Vickerman, R., 2021. Will Covid-19 put the public back in public transport? A UK
perspective. Transport Policy, 103, pp.95-102.
Weber, J and et. al., 2020. Minimal climate impacts from short‐lived climate forcers following
emission reductions related to the COVID‐19 pandemic. Geophysical Research
Letters, 47(20), p.e2020GL090326.
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