SEARCH   
MEMBER LOGIN      
Forgot Password?

Hotels in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hotels Market Research Report | SIC I55.100 | Nov 2016

Staying strong: The depreciation of the pound is anticipated to encourage domestic travel

IBISWorld’s Hotels market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
InterContinental Hotels Group plc InterContinental Hotels Group plc market share
Whitbread plc Whitbread plc market share
Industry Statistics & Market Size
Revenue
£18bn
Annual Growth 12-17
3.6%
Annual Growth 17-22
Purchase to read more
Profit
Purchase to read more
Employment
372,336
Businesses
9,251
Industry Analysis & Industry Trends

The Hotels industry has performed well over the past five years. Since 2011-12, conditions have been favourable, in part thanks to major events like the London Olympics and Rugby World Cup encouraging international and domestic tourists to travel in the United Kingdom. This has lifted demand for hotel accommodation, supporting industry operators. Continuing global economic growth, weaker sterling and the enduring popularity of London as a tourist and business destination are expected to stimulate tourism and demand for hotels in 2016-17. As a result, revenue is estimated to grow by 2.5% in the current year. IBISWorld expects industry revenue to rise at a compound annual rate of 3.6% over the five years through 2016-17 to reach £18.1 billion... purchase to read more

Industry Report - Industry Key Buyers Chapter

IBISWorld estimates that the four largest players in the Hotels industry control less than 15% of the market in 2016-17. Due to InterContinental Hotels Group's (IHG) change in business model in recent years, with revenue from franchise operations not being included, IHG does not count as one of the largest four players. No single player exists with the scale to dominate the market. However, Premier Inn, the largest operator in the industry, has some influence on the prices and services offered in the budget branded hotel segment. Overall, the industry has a low concentration level and is highly fragmented. This is likely to remain a feature of the industry in future years, although branded budget chains are set to continue expanding their market share.

.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hotels Industry?

The industry includes hotels that provide accommodation to UK residents and international guests. These establishments also have other facilities, including restaurants, recreational areas, conference rooms and convention centres, and offer laundry services and parking.

Industry Products
Luxury hotelsUpscale hotelsMidscale hotelsEconomy hotels
 
Industry Activities
Providing accommodationHosting meetings, conferences and events


View Sample
Quote
Select Clients