Tourists stay away due to Olympic prices

The video discusses the economic impact of the Olympics on London and beyond. While the event attracts many visitors, high prices and logistical challenges deter others. Businesses outside London, like those in North Norfolk, face difficulties due to flight issues and perceptions. Hotel prices surge, affecting tourism in places like Cambridge. Tour operators report a decline in bookings, with demand shifting to other European countries. The displacement effect is noted, where regular visitors avoid host cities during the Olympics. Predictions of economic benefits fall short, leaving many businesses struggling.

What is one of the main reasons visitors are deterred from coming to London during the Olympics?

• Lack of transportation options

• High accommodation prices

• Poor weather conditions

• Limited tourist attractions

How have hotel prices changed in Cambridge during the Olympics?

• They have decreased significantly

• They have remained the same

• They have increased

• They have been offered at a discount

What effect has the Olympics had on tour operators' ability to feature the UK in their programs?

• It has increased demand for UK tours

• It has made it more difficult due to high prices

• It has had no effect

• It has made it easier to feature the UK

What percentage decline in bookings is reported by the Tourism Trade Association UK inbound for July and August?

• 10 to 20%

• 30 to 40%

• 50 to 60%

• 70 to 80%

What strategy did Camp Beaumont use to mitigate the impact of the Olympics on their business?

• Encouraging early flight bookings or different weeks

• Offering discounts on future bookings

• Partnering with local hotels for better rates

• Expanding their camp facilities