The Professional Certificate in Tourism Business Forecasting is essential for individuals looking to excel in the tourism industry, which is a significant contributor to the UK economy. According to the Office for National Statistics, the tourism industry generated £146.9 billion in gross value added to the UK economy in 2019, accounting for 7.2% of total GDP.
Year |
Employment in Tourism Industry |
Contribution to GDP |
2017 |
1.6 million |
£66.1 billion |
2018 |
1.7 million |
£69.5 billion |
2019 |
1.8 million |
£72.3 billion |
With the industry constantly evolving and facing challenges such as changing consumer preferences, economic fluctuations, and global events, having the skills to accurately forecast business trends is crucial for success. The Professional Certificate in Tourism Business Forecasting equips individuals with the knowledge and tools needed to analyze data, identify patterns, and make informed decisions to drive business growth and profitability in the competitive tourism sector.