Business tourism worth £22bn to UK

Business tourism is worth £22bn to the UK economy, according to a report launched at this morning’s Business Tourism Week - Breakfast Meeting Summit. The Business Tourism Briefing was launched by Business Tourism Partnership chairman Michael Hirst at the summit, produced by Eventia and backed by Visit Britain and the BTP. The report estimates conferences, exhibitions, incentive travel and corporate hospitality are worth £22bn to the UK economy. It found 8 million business visits are made annually to the UK and those visitors spend more than £4bn, representing 28% of all overseas visitor expenditure. The report also found that Business visits have increased by 53% over the past decade.

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