Industry Analysis & Industry Trends
The past few years have been challenging for the Tour Operators industry, which faced difficulties from the global financial crisis and falls in international tourist arrivals, UK tourist departures, and domestic consumer confidence. With significant economic uncertainty, fewer UK residents booked tours overseas, while the number of foreign tourists booking UK tours also fell.
Industry revenue over the five years through 2011-12 is estimated to have fallen by an average of 1.7% per year to £11.8 billion. The overall decline in revenue is mainly attributable to a large contraction during 2008-09, when revenue fell by about one-fifth. In the current year, revenue is expected to increase by 1.4%, following a further small decline in 2010-11... purchase to read more
Industry Report - Industry Products Chapter
The largest proportion of revenue received by UK tour operators is from UK residents visiting foreign countries. Day trips and short tours also account for a large percentage of industry revenue, with multi-day UK tours by foreign visitors making up a relatively small proportion of total industry revenue.
Multi-day tours in the UK and overseas
UK residents looking to travel overseas can book day tours and multi-day tours via tour operators based in the UK. These UK tour operators arrange accommodation, transportation and tour services, and collect payment on behalf of their foreign subsidiaries and overseas operators... purchase to read more