The £11billion black hole the UK tourism industry could face - and what ...

Coronavirus holidays: Hotels and tourism businesses in UK set for financial losses amid pandemic

PUBLISHED: 09:47, Mon, Apr 6, 2020 | UPDATED: 10:10, Mon, Apr 6, 2020

As borders close, airlines reduce schedules and the FCO warns Britons against international travel, the wider tourism industry has seen a devastating decrease in revenue and demand. However, the wave of coronavirus losses is now hitting the UK's domestic tourism industry, with VisitBritain predicting the tourism sector will lose approximately £11 billion in the summer months if the extensive lockdown measures continue until the August bank holiday weekend.

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With the Easter weekend fast approaching, the UK should be gearing up to a busy time for domestic trips, with families heading on camping trips and for days out to museums and other cultural hotspots.

According to the BBC, last year in April and May it is estimated that Britons took 10 million domestic holidays and in that time spent £2.1 billion.

However, with the government continuing to urge the nation to stay home, it could be a very different outlook for businesses this year.

One of the most heavily impacted areas is predicted to be seaside resorts where they rely largely on tourism for a majority of their income.

READ MORE:Coronavirus: Martin Lewis reveals how to get spa break refunds

hotels in the ukCoronavirus holidays: The UK's domestic tourism industry is facing devastating losses (Image: Getty Images)

brighton museum owner on bbc breakfastCoronavirus holidays: Chris Littledale explained the impact on his museum (Image: BBC Breakfast)

Speaking on BBC Breakfast, Susie Brown, owner of The Twenty One guesthouse explained the impact restricted movement has already had on bookings.

"It's a very surreal situation actually. We’ve had so many cancellations, obviously," she said.

"They started coming through in February, and they are still coming through now right the way through to August.

"At first when this happened we were so worried financially but now we’re all really more worried about our health."


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