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United Kingdom (UK) Travel and Tourism Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 79 Pages
  • March 2023
  • Region: United Kingdom
  • MarketLine
  • ID: 5781956
Description Jump to:
Travel & Tourism in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming market.
  • The UK travel and tourism industry had total revenues of $248.7 billion in 2022, representing a negative compound annual rate of change (CARC) of 2.6% between 2017 and 2022.
  • Food service was the industry's largest segment in 2022, with total revenues of $88.9 billion, equivalent to 35.7% of the industry's overall value.
  • The UK has a lot to offer in terms of cultural and arts sector, museums, natural landscapes, and heritage sites which attracts large number of visitors from within and outside the country.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the travel & tourism market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in the United Kingdom
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom travel & tourism market with five year forecasts

Reasons to Buy

  • What was the size of the United Kingdom travel & tourism market by value in 2022?
  • What will be the size of the United Kingdom travel & tourism market in 2027?
  • What factors are affecting the strength of competition in the United Kingdom travel & tourism market?
  • How has the market performed over the last five years?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the foodservice industry?
7.2. What strategies do these leading players follow?
7.3. How is technology being used by these leading companies?
7.4. How are consumer and cultural trends impacting foodservice companies?
7.5. Who are the leading players in the hotels and motels industry?
7.6. What strategies do the leading players follow?
7.7. What are the strengths of leading players?
7.8. How is technology being used by these leading companies?
7.9. What have been the most recent developments in the hotels and motels industry?
8 Company Profiles
8.1. McDonald's Corp
8.2. Domino's Pizza, Inc.
8.3. InterContinental Hotels Group Plc
8.4. Travelodge Hotels Ltd. (Inactive)
8.5. J D Wetherspoon plc
8.6. Whitbread PLC
8.7. Booking Holdings Inc
8.8. Expedia Group Inc
8.9. Travelport Worldwide Ltd
8.10. TUI Group
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the analyst
List of Tables
Table 1: United Kingdom travel & tourism industry value: $ billion, 2017-22(e)
Table 2: United Kingdom travel & tourism industry category segmentation: % share, by value, 2017-2022(e)
Table 3: United Kingdom travel & tourism industry category segmentation: $ billion, 2017-2022
Table 4: United Kingdom travel & tourism industry geography segmentation: $ billion, 2022(e)
Table 5: United Kingdom travel & tourism industry value forecast: $ billion, 2022-27
Table 6: McDonald's Corp: key facts
Table 7: McDonald's Corp: Annual Financial Ratios
Table 8: McDonald's Corp: Key Employees
Table 9: McDonald's Corp: Key Employees (contd.)
Table 10: McDonald's Corp: Key Employees (contd.)
Table 11: Domino's Pizza, Inc.: key facts
Table 12: Domino's Pizza, Inc.: Annual Financial Ratios
Table 13: Domino's Pizza, Inc.: Key Employees
Table 14: Domino's Pizza, Inc.: Key Employees (contd.)
Table 15: InterContinental Hotels Group Plc: key facts
Table 16: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 17: InterContinental Hotels Group Plc: Key Employees
Table 18: InterContinental Hotels Group Plc: Key Employees (contd.)
Table 19: InterContinental Hotels Group Plc: Key Employees (contd.)
Table 20: Travelodge Hotels Ltd. (Inactive): key facts
Table 21: J D Wetherspoon plc: key facts
Table 22: J D Wetherspoon plc: Annual Financial Ratios
Table 23: J D Wetherspoon plc: Key Employees
Table 24: Whitbread PLC: key facts
Table 25: Whitbread PLC: Annual Financial Ratios
Table 26: Whitbread PLC: Key Employees
Table 27: Whitbread PLC: Key Employees (contd.)
Table 28: CRG Holdings, LLC : key facts
Table 29: Booking Holdings Inc: key facts
Table 30: Booking Holdings Inc: Annual Financial Ratios
Table 31: Booking Holdings Inc: Key Employees
Table 32: Expedia Group Inc: key facts
Table 33: Expedia Group Inc: Annual Financial Ratios
Table 34: Expedia Group Inc: Key Employees
Table 35: Expedia Group Inc: Key Employees (contd.)
Table 36: Travelport Worldwide Ltd: key facts
Table 37: Travelport Worldwide Ltd: Key Employees
Table 38: TUI Group: key facts
Table 39: TUI Group: Annual Financial Ratios
Table 40: TUI Group: Key Employees
Table 41: TUI Group: Key Employees (contd.)
Table 42: United Kingdom size of population (million), 2018-22
Table 43: United Kingdom gdp (constant 2005 prices, $ billion), 2018-22
Table 44: United Kingdom gdp (current prices, $ billion), 2018-22
Table 45: United Kingdom inflation, 2018-22
Table 46: United Kingdom consumer price index (absolute), 2018-22
Table 47: United Kingdom exchange rate, 2018-22
List of Figures
Figure 1: United Kingdom travel & tourism industry value: $ billion, 2017-22(e)
Figure 2: United Kingdom travel & tourism industry category segmentation: $ billion, 2017-2022
Figure 3: United Kingdom travel & tourism industry geography segmentation: % share, by value, 2022(e)
Figure 4: United Kingdom travel & tourism industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the travel & tourism industry in the United Kingdom, 2022
Figure 6: Drivers of buyer power in the travel & tourism industry in the United Kingdom, 2022
Figure 7: Drivers of supplier power in the travel & tourism industry in the United Kingdom, 2022
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in the United Kingdom, 2022
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in the United Kingdom, 2022
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in the United Kingdom, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • McDonald's Corp
  • Domino's Pizza, Inc.
  • InterContinental Hotels Group Plc
  • Travelodge Hotels Ltd. (Inactive)
  • J D Wetherspoon plc
  • Whitbread PLC
  • Booking Holdings Inc
  • Expedia Group Inc
  • Travelport Worldwide Ltd
  • TUI Group

Table Information

Report AttributeDetails
No. of Pages79
PublishedMarch 2023
Forecast Period2022 - 2027
Estimated Market Value ( USD ) in 2022 $ 248.71 Billion
Forecasted Market Value ( USD ) by 2027 $ 361.17 Billion
Compound Annual Growth Rate7.7%
Regions CoveredUnited Kingdom

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