Market for Travel and Tourism in the UK and Finland Forecast to 2016 in New Research Reports

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The Future of Travel and Tourism in the UK to 2016 provides detailed market analysis, information and insights, including:

  • Historic and forecast tourist volumes covering the entire UK travel and tourism industry
  • Detailed analysis of tourist spending patterns in the UK
  • The total, direct and indirect tourism output generated by each sector within the UK travel and tourism industry
  • Employment and salary trends for various sectors in the UK travel and tourism industry, such as accommodation, sightseeing and entertainment, foodservice, transportation, retail, travel intermediaries and others
  • Detailed market classification across each sector with analysis using similar metrics
  • Detailed analysis of the airline, hotel, car rental and travel intermediaries industries

Key Highlights

  • The UK recorded a revival in domestic tourism sector in 2011. Domestic overnight trips, where the spend per trip is significantly higher than day trips and adds more value to the economy, recorded an increase of 11.5 million trips between 2010 and 2011, to reach 385.3 million in 2011. However, the average length of domestic trips, as measured by number of nights spent, remained flat at 3.17 in 2011 as compared to 3.13 in 2010.
  • Inbound tourism, as measured by the arrival of international tourists, recovered in 2011 following a three year slump due to the adverse impact of the global financial crisis. A total of 30.47 million international visitors arrived in the UK in 2011, as compared to 29.8 million in 2010. Of these, the majority, 67%, travelled for holiday purposes. Numbers grew marginally from 20.07 million in 2010 to 20.35 million in 2011.
  • Spain, France, the US, Italy and Germany remain the most visited destinations by British travelers. In 2011, Spain, Italy, Germany and the US recorded a marginal increase in UK tourists, while France recorded a marginal decrease. In the Asia-Pacific region, the most visited destinations are India followed by Australia and Pakistan. In the Middle East, the UAE figures the most in the British travel itinerary. Other key destinations for UK visitors are Turkey, the Netherlands, Belgium and Greece with over one million UK visitors in 2011.
  • Air travel in the UK revived in 2011, following a continuous decline during the review period, as the economy emerged out of the global financial crisis. However, competition from other modes of transport seems to have affected domestic traffic, particularly as a result of both changes in airport security, increasing the total journey time for air travel and improvements to long-distance rail services.
  • During the review period, the global financial crisis, and subsequent recession, marred the performance of hotels operating in the UK. The recession had a detrimental effect on household wealth, with corporate profits falling substantially as a direct result of the crisis.
  • Car rental is a significant section of the transport industry, with its importance closely correlating to various factors such as an increase in the number of air travelers and GDP growth.
  • The Internet is used as a means to deliver real-time content. As a conclusion, it created the conditions for the emergence of a range of new tourism intermediaries. The proliferation of intermediaries followed a period when many firms hoped to generate a high volume of profit by targeting the tourism industry.

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Travel and Tourism in Finland offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2007-2011, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2016 illustrate how the market is set to change.

Product coverage: Car Rental, Demand Factors, Health and Wellness Tourism, Tourism Flows Domestic, Tourism Flows Inbound, Tourism Flows Outbound, Tourism Receipts and Expenditure, Tourist Attractions, Transportation, Travel Accommodation, Travel Retail.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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Why buy this report?

  • Get a detailed picture of the Travel and Tourism market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Browse more reports on Travel & Hospitality Market @ . Also browse other reports by Euromonitor International and Timetric.

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