Tourist numbers in London down 30%
David Cameron is giving upbeat press conferences about how well the Tube system is working despite the influx of 100,000 Olympic visitors. Transport for London say passenger numbers on the Tube on Monday were up 4%.
As predicted and reported here, by the experience of previous Olympic cities, by the European Tour Operators Association, and recently commented on by The Guardian, the tourist industry in London is across its various sectors suffering between a 25% - 35% drop in paying customers. The Association of Leading Visitor Attractions says that over the last fortnight visitor numbers in London have fallen by 30% - 35% compared to last year. Hotels are now cutting their prices because of poor booking rates, theatres are losing their profit margins, and normally busy restaurants have plenty of available tables.
The situation for other parts of the country is likely to be similar.
Submitted by Martin Slavin on Tue, 31/07/2012 - 08:40.