Travel and Tourism in the UK to 2020 Share, Size, Forecast and Trends by 2020


Posted May 30, 2016 by Tharun

A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Travel and Tourism in the UK to 2020 and future opportunities are provided in the report.
 
Summary
With the help of VisitBritain’s (tourist board of Great Britain) tourism promotional efforts, the UK’s tourism sector depicted growth during 2010–2015, when domestic and inbound tourist volumes rose at a CAGR of 1.99% and 3.81% respectively. The growth in outbound tourism was supported by the improved economic growth in the same period.

Key Findings
• The UK’s travel and tourism sector depicted growth during 2010–2015, supported by an increase in international arrivals at a CAGR of 3.81%. Moreover, with VisitBritain’s (tourist board of Great Britain) plans for promoting tourism, inbound arrivals are expected to grow over 2016-2020 at a CAGR of 4.47%. Domestic and outbound tourist volumes rose at a CAGR of 1.99% and 3.6% respectively, which can be largely attributed to improved economic conditions.

• In order to strengthen the UK’s tourism, the Prime Minister announced a five-point tourism plan in 2015 that would not only attract international visitors, but also help to create more jobs in the country. The plan consisted of five major aspects: Skills and jobs, transport, a better coordinated sector, common sense regulation, and an improved welcome.

• For summer 2016, WOW Air, which is an ultra-low-cost transatlantic airline, plans to extend its routes to more tourist destinations such as Toronto, San Francisco, Montreal, and Los Angeles. The routes will be operated from Gatwick Airport via Reykjavik, making travel easy for Britons

Check report @ http://www.marketintelreports.com/report/tt0314mr/travel-and-tourism-in-the-uk-to-2020

Synopsis

Canadean’s report — Travel and Tourism in the UK to 2020 — provides detailed information on the country’s tourism sector, analyzing market data and providing insights. This report provides a better understanding of tourism flows, expenditure, and the airline, hotel, car rental, and travel intermediaries industries.

What else does this report offer?

• Historic and forecast tourist volumes covering the entire UK Travel & Tourism sector

• Detailed analysis of tourist spending patterns for various categories, such as accommodation, sightseeing entertainment, foodservice, transportation, retail, travel intermediaries, and others

• Analysis of trips by purpose and mode of transport, and expenditure across various categories including domestic, inbound, and outbound tourism, with analysis using similar metrics

• Analysis of the airline, hotel, car rental, and travel intermediaries industries by customer type – leisure and business travelers

Download Sample Brochure @ http://www.marketintelreports.com/pdfdownload.php?id=tt0314mr

Reasons To Buy

• Make strategic business decisions using historic and forecast market data related to the UK’s Travel & Tourism sector

• Understand the demand-side dynamics within the industry to identify key market trends and growth opportunities

• Direct promotional efforts on the most promising markets by identifying the key source and destination countries

Order a copy of Travel and Tourism in the UK to 2020 @ http://www.marketintelreports.com/purchase.php?id=tt0314mr



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Issued By Mayur
Country United States
Categories Tourism , Transportation , Travel
Tags analysis , forecast , growth , market trends , share , size , tourism in uk
Last Updated May 30, 2016