A major employer
Hospitality is the third largest employer in the UK, with 3.5 million people working in the sector. It plays a crucial role in providing jobs and supporting livelihoods across the country.
Contribution to the economy
The sector directly contributes £93 billion annually to the economy.
In 2022, hospitality generated £54 billion in tax receipts and £20 billion in exports and attracted £7 billion in business investment.
Growth
Hospitality has shown faster economic growth than any other sector.
With favourable conditions, hospitality could increase its economic contribution by £29 billion and create 500,000 new jobs by 2027.
