Member Article

Mayor of London launches new vision for tourism in the capital

The Mayor of London and visitlondon.com today launched a bold new vision to accelerate the capital’s status as a world-class tourist destination. Tourism numbers in London are set to rise sharply, with more than 40 million people expected to visit the city by 2025, an increase of 30 per cent on the 31.2 million visitors who came to the capital in 2016[1].

The Tourism Vision for London, which is backed by more than 100 industry partners and supported by the Mayor of London, also projects visitor spending to grow by almost 50 per cent to £22 billion a year, up from £14.9 billion (2016). The surge in visitor numbers could be bolstered in the short-term by currency fluctuations, and according to separate research from London & Partners around two thirds of international visitors say they’re more likely to visit London given more favourable currency rates [2].

Other key findings from the Tourism Vision for London show: • Some of the fastest growing markets for visitors to London by 2025 are China (103 per cent growth), India (90 per cent growth), the USA (43 per cent) and the UAE (43 per cent) • London’s tourism industry is worth 11.6 per cent of the capital’s GDP and 9 per cent across the UK as a whole • The sector employs 700,000 people in London – equivalent to 1 in 7 jobs

However, the tourism vision states that the growth in visitor numbers is not a given with increasing competition from other destinations, particularly emerging markets that are fighting to attract new visitors. It makes four recommendations: • Invest in more pre-visit promotion to attract more first-time visitors and the boost numbers travelling in off-peak periods • Invest in information and the visitor experience to allow people to explore more of the city • Ensure London can sustain and accommodate growing numbers of visitors through investment in cultural infrastructure, improving visitor amenities and harnessing digital technology • Develop the infrastructure for business visits to ensure the city remains attractive for event organisers and delegates

London and Partners’ findings coincide with data from Google that reveals the capital is the most searched for global destination for city and short breaks [[1]].

According to Google, London leads worldwide searches for city and short breaks ahead of Barcelona, Rome, Paris and Amsterdam, with the overall number of searches up by 17 per cent on year-on-year. London also tops Google’s search rankings for global cities to fly to.The Tourism Vision for London and this year’s Autumn Season were launched last night by the Mayor of London Sadiq Khan at an event at the Natural History Museum.

The Mayor commented: “London is the world’s greatest city, so it comes as no surprise that we lead the way when it comes to international tourism. Visitors to the capital bring huge benefits - the industry boosts London’s economy, as well as supporting hundreds of thousands of jobs and showing the world that London is an open, welcoming and diverse city. “It’s important that all Londoners benefit from a growth in tourism. By inspiring visitors to come to our great city during quieter periods like autumn and to find hidden gems off the beaten track, we can ensure that the projected growth in visitor numbers is sustainable and that the tourism and cultural industries work for everyone.

Creator of Hamilton, Lin-Manuel Miranda, who stars in the launch film for London’s Autumn Season, says: “London is one of the most exciting places in the world. There’s a real sense of discovery about London – you turn the corner and you walk into something new, amazing, and teeming with life. There is so much to see during London’s Autumn Season, every weekend there’s something going on. Bringing Hamilton to the West End during the autumn is a dream come true – and I can’t wait to see how British audiences embrace it.”

Other highlights of this year’s Autumn Season include: • This Is Rattle at the Barbican, which marks Sir Simon Rattle’s first season as Musical Director of the London Symphony Orchestra • Dance Umbrella’s Origami at Battersea Power Station and four other Thames-side locations • The Museums at Night festival • The MTV European Music Awards • NFL returns to London for four games at Wembley and Twickenham in September and October

[1] Taken from ‘A Tourism Vision for London’, published 1 September 2017 [2] Based on a survey of 2,005 international visitors from the top two inbound markets to London [3] Based on Google Insights compiled in August 2017 [4] Based on Google Insights compiled in August 2017

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