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ONS Travel Trends: 2017 – Barclays’ comment

Mike Saul, Head of Hospitality & Leisure at Barclays, comments on today's ONS Travel Trends for 2017.

“Visitors from overseas can’t seem to get enough of Destination UK and its world-class attractions with almost 40 million foreign tourists making the trip to these shores during last year, the highest recorded figure. Boosted by the weakness of sterling, the UK’s position as a leading draw continues to bring benefit to our hospitality & leisure businesses, as well as to the retail sector. In uncertain economic and political times, it’s reassuring to see an almost 5% increase year on year in the number of overseas travellers coming here as well as spending more than £24bn on visits in 2017 which bodes well for the sector.”
Notes to editors

For further information about Barclays Corporate Banking, please visit our website www.barclayscorporate.com

About Barclays

Barclays is a transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 80,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.home.barclays .