Industry Analysis & Industry Trends
The Tour Operators industry includes firms that arrange, assemble and conduct tours both domestically and internationally. Tours may incorporate transportation, accommodation, food and visits to select locations or special events. The industry has faced both operational and economic challenges over the five years through 2014-15. Industry revenue fell substantially in the first half of the past five years as economic adversity introduced financial insecurity that hampered demand for holidaymaking. Economic uncertainty meant fewer UK residents booking tours overseas, while the number of foreign tourists booking UK tours also fell. A... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Tour Operators industry is comprised of an estimated 1,745 different enterprises, which vary from sole operators in niche locations or markets to larger companies with broader product offerings. According to figures from the ONS, 80.3% of enterprises classified in the industry employed fewer than 10 people in 2013, whereas only 2% employed more than 100 people. This indicates the large share of the industry accounted for by small operators.
Concentration in the Tour Operators industry is quite low, partly because firms are scattered across the United Kingdom and partly because their tours cater to such a range of customers... purchase to read more