The international travel industry is set to lose out on £10.4 billion as a result of Covid-19, new research claims.
Searches for travel have dropped by a third compared to the pre-lockdown period.
Airline searches have fallen by 16% and searches abroad down 56%.
Searches for hospitality dropped 62.59%, while hotels are down 65% and car rental by 70%.
Twenty per cent of people have cancelled holiday plans altogether, while 35% are delaying booking anything until the pandemic is under control, the study by Parkdean Resorts found.
More than £8 billion in outbound tourism is being lost to domestic holidays this summer, according to the findings.
As many as 19% of would-be holidaymakers cancelled their international travel plans due to the Covid-19 pandemic.
This has freed up £8.24 billion to come into the UK tourism market – averaging out at a spend of about £900 per person, according to the analysis by the UK holiday parks firm.
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