Royal Wedding to Increase UK Tourism

Economists are predicting that a royal wedding next year will bring a much needed boost to the country’s finances through extra tourism; as well as lift some of the gloom left over from the global recession. Hoteliers, restaurateurs, merchandisers and broadcasters can also look forward to the added bonus of the Summer Olympics the following year.

Economy experts are predicting that the royal wedding, set for April 2010, will offer a much needed boost to the country’s finances via extra tourism, as well as a lift from the global recession. The Nation Office of National Statistics announced that the number of visits make to the UK by overseas tourists has had a 2 per cent drop from last year. On an average year, the Royal family are worth £500,000 to the travel industry. This figure is expected to rise dramatically as tourists flood the capital. Laterooms.com are already reporting a threefold increase in London bookings.

Experts believe that the wedding will have the biggest appeal for travellers from the prospering BRIC countries – Brazil, Russia, India and China. Polls have shown that Russian travellers are the most enthusiastic about visiting Royal Family tourist attractions, with 83 per cent of those questioned saying they are keen to visit Royal properties. Brazilians share such an interest, with 79 per cent of people responding to the poll positively. Americans on the other hand, are often seen as having an on-going fascination with the Royal Family, are less likely to show an interest in Royal Family related property and tourism, sometimes as they have already visited them!