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United Kingdom Tourism Report Q1 2016

  • ID: 3608851
  • January 2016
  • Region: United Kingdom, Great Britain
  • 31 pages
  • Business Monitor International
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The UK has a large and well-established tourism industry, welcoming high volumes of international visitors alongside an extensive domestic travel market. Although growth in tourism arrivals will remain relatively low over our five-year forecast period to 2019, visitor numbers are already very high, and the hotel industry is expected to record healthy increases in value throughout. The country's extensive transport infrastructure and openness to foreign investment also serve to make the UK a highly attractive prospect for tourism-related investment.

Key Updates And Forecasts
- The government is highly supportive of the tourism industry, and in its Autumn Statement announced the launch of a GBP40mn Discover England Fund to promote tourism alongside USD60mn for the ongoing GREAT tourism campaign.

- Expansion of air travel to and from London has received another blow with the announcement that a decision on when and where to expand London's airports has now been delayed until mid-2016. The UK's busiest airports, Heathrow and Gatwick, are campaigning for the construction of a new runway.

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Table: Key Forecasts (United Kingdom 2012-2019)

SWOT

Tourism

Industry Forecast
Table: Inbound Tourism (United Kingdom 2012-2019)
Table: Tourism Receipts (United Kingdom 2012-2019)
Table: Hotel Accommodation (United Kingdom 2012-2019)
Table: Tourist Departures and Consumption (United Kingdom 2012-2019)

Industry Risk/Reward Ratings

Industry Risk/Reward Index
Table: Western Europe Tourism Risk/Reward Index

Rewards

Risks

Security Risk

Market Overview

Competitive Landscape

Domestic Hotel Groups
Table: Domestic Hotel Group

International Hotel Groups
Table: International Hotel Groups

Methodology

Industry Forecast Methodology

Risk/Reward Index Methodology
Table: Weighting Of Indicators

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  • Jumeirah Group
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