Delaying the restart of international travel will cost the UK economy almost £27 billion

London, UK – The World Travel & Tourism Council (WTTC) has warned that nearly £27 billion will be lost from the UK economy if the government delays restarting international travel until May 17.

The date was set by Prime Minister Boris Johnson when he unveiled the highly anticipated roadmap out of lockdown earlier this week.

According to the government’s roadmap, two households will be able to mix outdoors from March 29 and WTTC believes this should signal the restart of safe international travel.

Resuming international travel by just seven weeks earlier, to coincide the Easter holiday break, could save struggling Travel & Tourism businesses up and down the country and provide a much-needed economic boost to the economy.

WTTC, which represents the global Travel & Tourism private sector, fears delaying the revival of international travel for another seven weeks, will hasten the further slide into collapse of a sector which contributes £200 billion annually to the UK economy, and is responsible for almost four million jobs.

The loss of almost £27 billion represents a damaging daily drain to the UK economy of more than £550 million, which can be counted in lost jobs and failed businesses up and down the country.

While WTTC applauds the government’s highly successful vaccine rollout, the global tourism body has called upon the Prime Minister to give greater clarity about what May 17 will look like, so that Travel & Tourism businesses can prepare for the restart and consumers book with confidence.

WTTC has consistently argued that international travel can safely resume with a comprehensive, coordinated international regime for testing upon departure and arrival for travellers.

Testing should be in place alongside the global vaccine rollout, enhanced health and hygiene protocols, and mostly importantly, mandatory mask wearing, which experts say can cut down transmission of the virus by more than 80%, to safely revive international travel. Additionally, the introduction of digital health passes or certificates will support the recovery.

These measures should render unhelpful and counterproductive blanket quarantines completely unnecessary and remove the need for haphazard and confusing air corridors, which further saps the confidence to travel.

Gloria Guevara, WTTC President and CEO, said: “While the UK government’s announcement that international travel could resume on May 17 gives us grounds for optimism, it will come as cold comfort to struggling SMEs and Travel & Tourism businesses up and down the country.”

“Our economic modelling shows the brutal impact the £27 billion loss could have, caused by delaying the restart of international travel by just seven weeks.” 

“It would be far less economically damaging to invest in testing and biometric technology which could safely reopen the doors to travel and save the millions of jobs at risk.” 

“In the same way widespread community testing is being provided through rapid test kits twice a week to pupils and anyone in their household or support bubbles, so extensive testing will also permit the safe restart of international travel.”

“But every day we delay will see many more cash-strapped businesses join the growing list of companies which have already disappeared due to the demise of international travel. Nor should we forget the human cost and the terrible suffering of so many people whose very livelihoods have been left in ruins due to the sector’s virtual collapse.” 

“We have to guard against vaccines as a requirement to travel which would discriminate against less advanced countries and younger travellers, or those who simply can’t or choose not to be vaccinated.” 

“Furthermore, mask wearing should not be a choice; it has been proven to provide the highest level of protection against transmission of the virus. This, combined with a comprehensive testing regime, enhanced health and hygiene protocols, digital passes and the global rollout of vaccines will allow the safe restart of international travel.”

About WTTC

WTTC is the body which represents the Travel & Tourism private sector globally. Members consist of CEOs of the world’s Travel & Tourism companies, destinations, and industry organisations engaging with Travel & Tourism.

WTTC has a history of 25 years of research to quantify the economic impact of the sector in 185 countries. Travel & Tourism is a key driver for investment and economic growth globally. The sector contributes US$8.8 trillion or 10.4% of global GDP, and accounts for 319 million jobs or one in ten of all jobs on the planet.

For over 25 years, WTTC has been the voice of this industry globally. Members are the Chairs, Presidents and Chief Executives of the world’s leading, private sector Travel & Tourism businesses, who bring specialist knowledge to guide government policy and decision-making and raise awareness of the importance of the sector.

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