Travel and Tourism in the UK to 2018 Industry Analysis, Size, Share, Growth, Trends And Forecast Research Report

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Synopsis

The report provides detailed market analysis, information and insights, including:

Historic and forecast tourist volumes covering the entire UK travel and tourism sector

Detailed analysis of tourist spending patterns in the UK for various categories in the travel and tourism sector, such as accommodation, sightseeing and entertainment, foodservice, transport, retail, travel intermediaries and others

Detailed market classification across each category, with analysis using similar metrics

Detailed analysis of the airline, hotel, car rental and travel intermediaries industries

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Executive summary

The UK travel and tourism sector suffered from the global economic crisis in 2009 and 2010 but recovered, in part, due to the hosting of the Olympic and Paralympic games in London in 2012. The tourism sector performed well during the review period (2009–2013) and the government is making efforts to attract more tourists to visit and explore the country. The government-funded VisitEngland campaign is an example of the actions taken to increase domestic and international tourism.

Scope

This report provides an extensive analysis related to the tourism demands and flows in the UK:

It details historical values for the UK tourism sector for 2009–2013, along with forecast figures for 2014–2018

It provides comprehensive analysis of travel and tourism demand factors, with values for both the 2009–2013 review period and the 2014–2018 forecast period

The report provides a detailed analysis and forecast of domestic, inbound and outbound tourist flows in the UK.

It provides comprehensive analysis of the trends in the airline, hotel, car rental and travel intermediaries industries, with values for both the 2009–2013 review period and the 2014–2018 forecast period.

Reasons to buy

Take strategic business decisions using historic and forecast market data related to the travel and tourism sector in the UK.

Understand the demand-side dynamics in the UK's travel and tourism sector, along with key market trends and growth opportunities.

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Key highlights

Domestic tourism was the main contributor to UK tourism, with expenditure from domestic tourism valued at GBP80.5 billion (US$125.7 billion) in 2013, while inbound tourism expenditure totaled GBP22.9 billion (US$35.8 billion). Domestic tourist volumes were higher: 122.9 million tourists in 2013, compared to only 32.8 million international tourist arrivals in same year.

The national tourism authority of UK, VisitBritain, launched a tourism growth strategy in April 2013. The idea behind the strategy was to build on the success of the London 2012 Olympic Games and attract 40 million international arrivals per year, earning GBP31.3 billion (US$48.9 billion) by 2020.

A number of events of national and international importance took place in the country during the review period such as the London 2012 Olympic and Paralympics games, and the week-long celebration of Queen’s Diamond Jubilee. These events provided the UK with an opportunity to advertise itself as a key tourist destination.