 |
||
News - 5th Oct 2007100% Occupancy can be damaging to your wealthRecently the UK government established some targets for the growth of tourism, but this appears to be the only part of a plan for the industry that exists. In my last article I looked at the implications of hotels trading near their maximum occupancy levels and the dangers the industry faces.
I was challenged on my assertion that tourism is our largest industry, so I checked with the Office of National Statistics, and indeed the figures show it was in fact our third largest industry in 2005, but the figures from VisitBritain show that between 2005 and 2006 the growth rate was nearly 9% and the predictions are for continuing growth into the future. This is more than the difference between it and the income derived from the financial services industry, for example. View the relationship between tourism and the rest of the economy however and the parlous position of UK bed numbers must be of concern for those wishing to see a healthy industry making its major contribution to the economy.
|
||
|
© Copyright Hotel Designs 2007 | Industry News RSS Feed
|
||
