0 CHECKOUT

Hotels Market Update 2015

  • ID: 3108315
  • February 2015
  • Region: United Kingdom
  • 50 Pages
  • Key Note Ltd
1 of 3
Looking forwards, growth in the UK market for hotels and similar accommodation will range between 5.1% and 5.5% between 2015 and 2019, with overall growth of 22.8% between those years.

It is expected that, in 2014, the UK market for hotels and similar accommodation grew in value by 6.5%, on the back of similarly robust annual growth between 2010 and 2013. As such, over the 5-year review period, it is estimated that the UK market grew by 26.6%.

The overall market for hotels in the UK is considerably strengthened by the performance of the sector in London, with the UK’s capital typically experiencing more favourable rates of occupancy than non-London hotels and commanding far greater prices than the rest of the country, thus enabling greater revenue per room. The UK market has seen domestic tourism grow in popularity, a sector that was boosted by the 2008/2009 recession and has endured in popularity. In addition, visits from overseas residents have risen in recent years, following on from a considerable drop during the global economic downturn. Hotels have also benefited from an upturn in corporate business travel budgets, with domestic business travel expenditure rising by 16.5% between 2010 and 2014, while over the same period inbound business travel expenditure among overseas residents in the UK grew by 27%.

The market for hotels does, however, READ MORE >

Note: Product cover images may vary from those shown
2 of 3

1. Foreword

2. Introduction and Definition
REPORT COVERAGE
Hotel Categories
Guest Accommodation Categories

MARKET SECTORS

3. Executive Summary

4. What's KEY in the Market?
KEY DRIVERS

MARKET TRENDS
People Taking Fewer Holidays
Hotels Target Business Travellers
Travel Trends
Room Occupancy Rates

ECONOMIC TRENDS

MARKET POSITION
The UK

HOW ROBUST IS THE MARKET?

5. Market Size, Segmentation and Forecasts
TOTAL MARKET SIZE
Domestic Tourism Hotel Use

FORECASTS
Future Trends
Future Economic Trends
Forecast Total Market

MARKET GROWTH

6. Strengths, Weaknesses, Opportunities and Threats
STRENGTHS

WEAKNESSES

OPPORTUNITIES

THREATS

7. PESTEL
POLITICAL
Air Passenger Duty

ECONOMIC
Contribution of Tourism to UK
Tourism VAT

SOCIAL
Average Weekly Household Expenditure

TECHNOLOGICAL
Impact of the Internet on Tourism

ENVIRONMENTAL
Importance of Sustainable Tourism

LEGISLATIVE

8. Company Financials

9. Further Sources
Publications
General Sources
Government Publications

10. Understanding Consumer Survey Data
Number, Profile, Penetration
Social Grade
Standard Region

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

PURCHASING OPTIONS

HAVE A QUESTION?

EMAIL US VIEW FAQs

RELATED PRODUCTS from Db

Our Clients

  • InterContinental Hotel Group Plc.
  • Hilton Worldwide
  • Jumeirah Group
  • Invest Northern Ireland
  • Marriott International, Inc.
  • Four Seasons, Inc.