TITLE

UK economy will remain tough in 2010

AUTHOR(S)
Burnham, Andrew
PUB. DATE
November 2009
SOURCE
Travel Weekly (UK);11/6/2009, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the impact of the economic conditions in Great Britain on its tourism industry. It informs that Great Britain's economy declined by 0.4% in the third quarter of 2009. A mounting public sector debt will lead to a surge in public sector unemployment over the next two years, which will depress further the mass-market holiday demand. It reports that exchange rates heading for parity with the euro will cause reductions in demand for euro destinations such as Spain and Greece.
ACCESSION #
45666369

 

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