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 Products Chapter
Tours for UK residents to Europe
Package tours to Europe account for the largest proportion of expenditure by UK residents, at an estimated 41.2% of total revenue. Destinations in Western Europe are some of the most popular for UK holidaymakers, particularly Spain, Germany, Italy and France. About 38% of holidays made by UK residents to Europe are inclusive tours. Demand for package tours to Europe has fallen faster than demand for other holidays over the past five years, so this segment's contribution to industry revenue is estimated to have shrunk.
Domestic tours for UK residents
Domestic tour operators deal with UK residents travelling within the United Kingdom... purchase to read more