Hospitality can deliver £29bn economic boost with right support, says UKH
It highlighted that in 2022 alone, and in spite of post-pandemic challenges still stifling growth, hospitality contributed £54bn in tax receipts to the treasury, generated £20bn worth of exports and £7bn in business investment
In the past six years hospitality has increased its annual economic contribution by £20bn to £93bn, according to a new report launched at UKHospitality’s summer conference.