ONS Travel and Tourism figures - Barclays Corporate comment
09 Feb 2012 10:28 GMT
Mike Saul, Head of Hospitality and Leisure at Barclays Corporate comments on today's ONS Travel and Tourism figures:
“The cold snap held off long enough to keep tourists coming, with inbound visits up 3% last year. Whilst visitor numbers from Europe remained broadly flat, tourists from further afield rose to almost double digits.
“Early indications suggest that we may see some growth in international travel with strong booking numbers in early January reported by our travel clients. For inbound tourism operators the New Year is also feeling more positive as the Government’s campaign to keep the UK holidaying at home this summer could gain some traction, particularly if families are able to successfully sell the kids the idea of the Diamond Jubilee over Disneyland.”
About Barclays Corporate
With a clear focus on quality relationships, Barclays Corporate provides integrated banking solutions to businesses with an annual turnover of more than £5 million in the UK and large local companies, financial institutions and multinationals in non-UK markets. We facilitate the success and growth of our clients by providing lending, risk management, cash and liquidity management, trade finance and asset and sales financing. Additionally, our clients benefit from the breadth of the Barclays Group, through access to the investment banking services of Barclays Capital including debt and equity capital markets, the private wealth management expertise of Barclays Wealth, and the card and payment services of Barclaycard. Barclays Corporate employs over 10,000 people globally. For more information please visit www.barclayscorporate.com.
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