A RECORD number of foreign students in Bournemouth and Poole are set to boost the local economy by £150 million this year, a tourism chief has revealed.

As the credit crunch takes its toll on many businesses, the international education industry is booming with 27,000 students from across the globe booking courses at English language schools so far this year.

Another 7,000 students are expected to travel to the South Coast before the end of 2008, as demand for English language tuition in Britain soars.

Mike Francis, chairman of Bournemouth Tourism Management Board, said: "Figures show that the number of foreign students has increased by 11.2 per cent in the first seven months of this year, compared with the same period in 2007.

"While many companies are struggling, the international education industry is enjoying a record year."

There are 28 English language schools in the two towns. Students stay an average of 5.8 weeks and spend about £500 a week on course fees, accommodation, books and other expenses.

Mr Francis, principal of Westbourne Academy, one of the 21 accredited English language schools, added: "Foreign students are a massive boost to the local economy. Everyone benefits, from host families to coach companies which take them on excursions.

"Hotels and guesthouses enjoy the spin-off from families coming to visit students; shops, nightclubs and restaurants also reap rich rewards.

"Companies will pay up to £1,500 a week to send an executive student here for one to one tuition."

International currency rates are helping to swell student numbers. "While more people are deciding to holiday at home this year because of higher fuel surcharges and exchange rates, we are seeing more students at our English language schools.

"The export industry always benefits from a low pound. We are exporting the English language and business is booming. Foreign students don't mind rainy days; often they say it is a relief to be away from the hot temperatures at home."

He added: "Bournemouth has so much to offer foreign students. During a recent visit to Switzerland I was amazed to be asked when the surf reef would be opening."