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Business improvement districts and the visitor economy

Business improvement districts and the visitor economy

Chaperon, Samantha ORCID: 0000-0001-8514-7447, Coca-Stefaniak, Andres ORCID: 0000-0001-5711-519X and Kennell, James ORCID: 0000-0002-7877-7843 (2016) Business improvement districts and the visitor economy. Technical Report. Association of Town & City Management/University of Greenwich, London, UK.

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Tourism is one of the largest components of the global economy and has been one of the only reliable drivers of economic growth and job creation in the United Kingdom since the start of the global economic crisis.

17% of all jobs created in the UK between 2010 and 2014 came from the hospitality industry alone, and total tourism employment is responsible for nearly one in ten of all jobs in the UK. Tourism currently contributes £126.9bn to GDP and has a significant economic impact in all of the UK’s nations and regions. Despite these impressive statistics, it is common to hear tourism described as insignificant by policymakers and businesses alike, and many BIDs undervalue the contribution that can be made by visitors of all kinds to thriving local economies.

Item Type: Monograph (Technical Report)
Uncontrolled Keywords: Town centres, Visitor economy, Tourism, Business improvement districts, Town centre management
Faculty / School / Research Centre / Research Group: Faculty of Business
Faculty of Business > Department of Marketing, Events & Tourism
Faculty of Business > Tourism Research Centre
Related URLs:
Last Modified: 23 Oct 2020 08:17

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