Tourists boosted spending in stores UK 2% in 2015


Moscow. On 25 January. Expenses of foreign tourists in UK stores resumed growth last year, despite the volatility in China, political instability in Russia and Nigeria, as well as the weakness of the yuan and the ruble, writes the Financial Times.

According to Global Blue, the foreigners in 2015 spent in stores UK 2% more than in 2014, when the index decreased by 3%. Their total spending increased to 22 billion pounds ($31.5 billion)

A significant contribution to costs in the past year have made travelers from the U.S. and the Middle East, including Saudi Arabia, Qatar and the UAE.

According to the commercial Director Global Blue Gordon Clark, the change of UK visa application for citizens of China will provide further growth in tourist spending in 2016.

The Chinese ranked first among foreign tourists on expenditure in the UK, but due to a number of internal and external factors growth in spending slowed in 2015 to 1% from 6% in 2014 and 34% in 2013. However the PRC continues to provide almost a quarter of all tourist spending in the UK.

Against the background of falling of courses of Euro and pound against the dollar rose again the role of travelers from the USA for the European market including the UK. Meanwhile, representatives of the Middle East have cooled to the UK and increasingly prefer other countries of Europe, the FT notes.

According to estimates by the British tourism Agency VisitBritain, the number of foreign tourists who visited the country this year, will increase by 3.8% compared to 2015 year – on-year to 36.7 million people. Their costs are expected to increase by 4.2%.