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However, It Is Necessary To Mention That The Crisis Event Forecasting Model ...

However, it is necessary to mention that the Crisis Event Forecasting Model provides an approximate evaluation, as it employs either simulated terrorist attacks or earlier historical events that are not able to definitely predict the consequences of the tragedy occurred in London. Firstly, the research collects the data that are taken from the recent investigations of tourism and crime. Further, these data are analysed and discussed; the questionnaire of the Independent survey is also presented in the Appendix and concentrates on different age groups. In general, the present research is the preliminary analysis of the impacts of 2005 Bombings on the British tourism. The time frame for this research is the period of two years (2006-2007); this time frame is utilised on the basis of the approximate calculations made by WTTC.
5 Data and data analysis
As researches on tourism and terrorism demonstrate, if a country considerably depends on the tourist industry, terrorist organisations will certainly attack this country to undermine its economic stability and power. Before the terrorist attack in London the number of foreign visitors to Great Britain constituted 31 million people (exactly 30,947,368) (See Table 1 in Appendix 1). It is predicted by British and international forecasters that this number will be decreased to 30.5 million in the years of 2006-2007; thus, utilising the Crisis Event Forecasting Model, the general decline in the British tourist and travel industry will probably amount to 2%.

FCM Travel Solutions, one of the best travel agencies in Britain, has identified 3% decline in travelling from Asia and the United States to London. According to the calculations of WTTC, the Airport Operators' Association, Visit Britain, and the Association of British Travel Agents, the decrease of GDP for the British economy will equate to 2.3%. The terrorist attacks in London were initiated in the period when the British economy revealed the weakest figures since the 90s years of the 20th century; besides, the attacks occurred in the peak of the summer season when the tourist industry could receive the greatest level of profits. After the tragedy British Airways had to refund the price of the tickets to those tourists who wished to cancel their reservations because of the bombings, and later, in accordance with their contingency plans, the company proposed tickets at cut rates to its clients. Such measures are explained by the fact that British Airways appeared to lose more income than other airways and industries of Great Britain; the company's shares dropped on 4% because of the terrorist attack. Actually, any decline in the customer demand is destructive to the British airway industry, because it is already affected by the recent increase in oil prices.

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