Business trips aid London recovery

The most recent London Visitor Index suggests that while the capital’s visitor economy continued to recover in October, the index is still down seven points on last year. The index also indicates that the recovery slowed somewhat from September to October with the index sliding -15 points. The performance of the FTSE however, which directly impacts business trips, keeps the recovery moving forward in October. Findings for October include: A healthy increase in the number of overseas visitors entering the UK from Western Europe (10.5% more overseas visitors in October 2005 over October 2004) Improved conditions for business tourism and hotels on the back of rising corporate profits Visit London chief executive James Bidwell said: “The London Visitor Index for October shows that the capital’s visitor economy is making progress in its recovery, though there is clearly still work to do, particularly in the domestic market.”

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