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Travel & Tourism in the United Kingdom

Publisher MarketLine
Published Oct 17, 2024
Length 42 Pages
SKU # MTLN19547154

Description

Travel & Tourism in the United Kingdom

Summary

Travel & Tourism in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
  • The UK travel & tourism industry recorded revenues of $228.2 billion in 2023, representing a compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
  • The hotels & motels segment accounted for the industry's largest proportion in 2023, with total revenues of $81.9 billion, equivalent to 35.9% of the industry's overall value.
  • Increasing capital investment in the travel & tourism industry is a key driver of growth, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in the UK reached $31.9 billion in 2023, reflecting a 6.8% increase from 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, 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 by both value and volume
Reasons to Buy
  • What was the size of the United Kingdom travel & tourism market by value in 2023?
  • What will be the size of the United Kingdom travel & tourism market in 2028?
  • 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?
  • Who are the top competitors in the United Kingdom's travel & tourism market?

Table of Contents

42 Pages
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?
7.2. What are the strategies of leading players?
7.3. What are the recent developments in the industry?
8 Company Profiles
8.1. InterContinental Hotels Group Plc
8.2. TUI UK Ltd
8.3. International Consolidated Airlines Group SA
8.4. McDonald's Restaurants Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United Kingdom travel & tourism industry value: $ million, 2018-23
Table 2: United Kingdom travel & tourism industry category segmentation: % share, by value, 2018-23
Table 3: United Kingdom travel & tourism industry category segmentation: $ million, 2018-23
Table 4: United Kingdom travel & tourism industry geography segmentation: $ million, 2023
Table 5: United Kingdom travel & tourism industry value forecast: $ million, 2023-28
Table 6: InterContinental Hotels Group Plc: Key Facts
Table 7: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 8: InterContinental Hotels Group Plc: Key Employees
Table 9: InterContinental Hotels Group Plc: Key Employees Continued
Table 10: TUI UK Ltd: Key Facts
Table 11: TUI UK Ltd: Key Employees
Table 12: International Consolidated Airlines Group SA: Key Facts
Table 13: International Consolidated Airlines Group SA: Annual Financial Ratios
Table 14: International Consolidated Airlines Group SA: Key Employees
Table 15: McDonald's Restaurants Ltd: Key Facts
Table 16: McDonald's Restaurants Ltd: Key Employees
Table 17: United Kingdom Size of Population (million), 2019-23
Table 18: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 19: United Kingdom GDP (Current Prices, $ Billion), 2019-23
Table 20: United Kingdom Inflation, 2019-23
Table 21: United Kingdom Consumer Price Index (Absolute), 2019-23
Table 22: United Kingdom Exchange Rate, 2018-23
List of Figures
Figure 1: United Kingdom travel & tourism industry value: $ million, 2018-23
Figure 2: United Kingdom travel & tourism industry category segmentation: $ million, 2018-23
Figure 3: United Kingdom travel & tourism industry geography segmentation: % share, by value, 2023
Figure 4: United Kingdom travel & tourism industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the travel & tourism industry in the United Kingdom, 2023
Figure 6: Drivers of buyer power in the travel & tourism industry in the United Kingdom, 2023
Figure 7: Drivers of supplier power in the travel & tourism industry in the United Kingdom, 2023
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in the United Kingdom, 2023
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in the United Kingdom, 2023
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in the United Kingdom, 2023

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