Industry Analysis & Industry Trends
Operators in the Holiday Accommodation industry provide accommodation for domestic and international holidaymakers in the form of cottages, lodges and self-catered apartments, and operate hostels, guesthouses and holiday centres and villages. The industry's performance has benefited from favourable conditions over the past five years, and has broadly followed trends in inbound and outbound tourism and fluctuations in weather conditions.
Although the economy has recovered over the past five years, the staycation trend that emerged during the downturn has remained robust, benefiting operators. Furthermore, a relatively weak pound during the early part of the period made British excursions more attractive to foreign tourists... purchase to read more
Industry Report - Industry Products Chapter
Holiday villages account for 55.2% of industry revenue. Holiday villages provide a range of accommodation, entertainment and dining options in a contained village located in a rural or seaside setting. Accommodation includes lodges, cottages, apartments, chalets and tree houses and is usually provided by one operator, which owns the land, buildings and facilities. Entertainment includes a range of indoor and outdoor activities aimed at families. Revenue generated from this segment is estimated to have remained relatively steady as a proportion of industry revenue during the past five years. Families opting to holiday domestically in order to save money in the years after the economic downturn benefited demand for holiday villages and centres. Alt.. purchase to read more