Industry Analysis & Industry Trends
The Tour Operators industry includes operators that arrange, assemble and conduct tours both domestically and internationally. Tours may incorporate transportation, accommodation, food and visits to select locations or special events. Niche tour operators may specialise in certain destinations, activities or experiences.
Revenue fell at the start of the five-year period, as households continued to rein in holiday expenditure following the downturn. Although an increase in stay-at-home holidays cushioned the blow, a sharp fall in the number of UK residents booking tours overseas and a concurrent drop in the number of foreign tourists booking UK tours significantly hindered the performance of tour operators. Natural disasters and political unrest further damaged outbound tourism... purchase to read more
Industry Report - Industry Products Chapter
Products and services have been segmented based on the chosen location of purchased tour packages. The majority of revenue is derived from the mainstream business sector, which incorporates a wide range of holiday packages directed at the general consumer market. Many tour operators also focus on specialist packages and activity oriented packages, although this contributes a smaller amount to industry revenue. These operators provide cycling, skiing, sailing, mountain biking and hiking oriented tours, in addition to many other unique travel experiences.
Tours for UK residents to Europe
Package tours to Europe account for the largest proportion of expenditure by UK residents, at an estimated 45.6% of total revenue... purchase to read more