Forecast: Tourism Employment in the UK

Tourism employment in the UK stood at 2.1642 million employees in 2023. There has been a general upward trend since 2013, albeit with some fluctuations. Significant growth spikes were observed in 2019 and 2020, despite a subsequent decline in 2020 likely due to global events. The employment figures then steadily increased through 2022 and 2023, indicating recovery and growth. The 5-year CAGR stands at 6.94%, showcasing a robust average annual growth rate in recent years before 2024. Forecasts predict continued growth at a more moderate pace with a 5-year CAGR of 1.57% through 2028, achieving a total forecasted growth rate of 8.09% over this period.

Future trends to watch for include the potential impacts of economic policies post-Brexit, the modernization of tourism infrastructures, and the integration of sustainable practices within the tourism sector. Technological advancements in travel and hospitality, as well as global health trends, could also shape employment dynamics in the coming years.