• Travel Destinations

    UK slips down list of biggest tourism markets after suffering 62.5% fall in GDP contribution

    The post UK slips down list of biggest tourism markets after suffering 62.5% fall in GDP contribution appeared first on TD (Travel Daily Media) Travel Daily. Latest data from the World Travel & Tourism Council (WTTC) shows the UK fell out of the top five biggest travel and tourism markets in 2020, after suffering a punishing GDP fall of 62.5%. The fall from fifth place in 2019 to eighth position in 2020 saw it sustain one of the biggest collapses of the 10 largest Travel & Tourism markets, due to continuing travel restrictions, and unnecessary and crushing quarantines. Meanwhile, the US maintained its position as the largest global tourism market,…