The spike in foreign visitors is partly thanks to a slump in the value of the pound since the UK voted to leave the EU.
Tourists are predicted to spend £24.1billion next year in this country – up 8% on 2016, according to Visit Britain.
The Government-backed tourism agency says about 38.1m tourists are expected to enter the UK over the year, an increase of 4%.
Significant occasions such as the 200th anniversary of Jane Austen’s death are also expected to boost tourism next year, while hotels, restaurants and retailers have already enjoyed a boost from foreign spending since the Brexit vote.
The Ritz said it had experienced a 12.5% rise in room reservations in December compared to 2015.
“With our hotels, shops and attractions all offering excellent value for overseas visitors right now, it’s a great time to come to Britain”
Sally Balcombe of Visit Britain
And Best Western said bookings from the US and China rocketed after the Brexit vote.
Tax-free spending by visitors from outside the EU soared by 41% in October and November.
Gordon Clark, from retail tourism group Global Blue, said 2016 had seen a “visitor and spend surge in the second half of the year”.
Vertical campsite in Yosemite National Park
And Visit Britain’s chief executive, Sally Balcombe, said: “With our hotels, shops and attractions all offering excellent value for overseas visitors right now, it’s a great time to come to Britain.”