DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/ssg2nh/the_future_of) has announced the addition of the "The Future of Travel and Tourism in the UK to 2016" report to their offering.

According to the World Economic Forum Travel and Tourism Competitiveness Index 2011, which ranks 139 countries on parameters pertinent to tourism, the UK ranked seventh. In terms of cultural resources, it is viewed as the third-most exciting country. London was already one of the most popular tourist destinations in the world and that popularity increased after the city hosted the 2012 Olympic and Paralympics Games. It is also home to many teams in the FA Premier League and Wimbledon.

The UK's travel and tourism industry comprised 7% of the nation's GDP in 2011, and represented 10.6% of the country's total employment in the same year. In a global economy that is dominated by multi-national businesses, tourism is one of the few industries that can easily accommodate start-up businesses, allowing people to take that vital first rung on the ladder to entrepreneurial success.

Inbound tourism, as measured by the arrival of international tourists, recovered in 2011 following a three year slump due to the adverse impact of the global financial crisis. A total of 30.47 million international visitors arrived in the UK in 2011, as compared to 29.8 million in 2010. Of these, the majority, 67%, travelled for holiday purposes. Numbers grew marginally from 20.07 million in 2010 to 20.35 million in 2011.

Scope

This report...

- details historical values for the UK tourism industry for 2007-2011, along with forecast figures for 2012-2016

- provides comprehensive analysis of travel and tourism demand factors with values for both the 2007-2011 review period and the 2012-2016 forecast period

- makes a detailed analysis and projection of domestic, inbound and outbound tourist flows in the UK

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Research and Markets: The Future of Travel and Tourism in the UK to 2016