Hotel quarantine could wipe out more than £380,000 from the UK economy every minute

Gloria Guevara, WTTC President & CEO, said: 'WTTC urgently calls upon the UK government to extend the furlough scheme for those employed in the beleaguered Travel & Tourism sector.

'Without it and a comprehensive support package for businesses up and down the country which have been devastated by the pandemic, the UK's Travel & Tourism sector could be brought to its knees.

'International travel will all but wiped out and according to WTTC analysis, the UK economy could lose a staggering £380,000 every minute - or almost £548 million every day.

'The government has a duty to share its own economic impact assessment, so we fully understand the effect these measures will have on the sector and the wider economy.

'If the UK is to have any hope of reviving the economy after the pandemic, we have to protect a sector which will be instrumental in kick starting it.'

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WTTC - World Travel & Tourism Council published this content on 26 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2021 18:03:03 UTC