May 2023 saw the UK under the global spotlight with the Coronation of King Charles III and the following week, with the hosting of the Eurovision Song Contest in Liverpool. According to industry sources, the positive impact of these events in terms of arrivals will be felt from 2024 onwards, especially as visitors’ plans for summer 2023 would already have been locked-in by May.
The absence of VAT-free shopping for inbound tourists remains a hot topic generating a steady stream of press coverage, now commonly referred to as the “Tourist Tax”. Industry sources estimate that it is costing the UK visitor economy GBP5-10 billion a year in lost inbound tourism receipts, outnumbering the GBP2 billion in lost VAT receipts.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
Understand the latest market trends and future growth opportunities for the Tourism Flows industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Tourism Flows industry in United Kingdom, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Tourism flows covers volume and spending by inbound, outbound and domestic visitors.See All of Our Definitions
This report originates from Passport, our Tourism Flows research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!