Uk Travel and Tourism Market Growth, Emerging Trends, Strategic Insights and Future Outlook 2020
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- Date Submitted: 07/07/2016 04:09 AM
- Pages: 5
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UK Travel and Tourism Market Share, Market Profile, Strategic
Insights and Future Outlook to 2020 by Radiant Insights
Summary
With the help of VisitBritain's (tourist board of Great Britain) tourism promotional efforts, the UK's tourism sector
depicted growth during 2010-2015, when domestic and inbound tourist volumes rose at a CAGR of 1.99% and
3.81% respectively. The growth in outbound tourism was supported by the improved economic growth in the same
period.
Browse Full Report with TOC @ http://www.radiantinsights.com/research/travel-and-tourism-in-the-uk-to-2020
Key Findings
- The UK's travel and tourism sector depicted growth during 2010-2015, supported by an increase in international
arrivals at a CAGR of 3.81%. Moreover, with VisitBritain's (tourist board of Great Britain) plans for promoting
tourism, inbound arrivals are expected to grow over 2016-2020 at a CAGR of 4.47%. Domestic and outbound
tourist volumes rose at a CAGR of 1.99% and 3.6% respectively, which can be largely attributed to improved
economic conditions. The number of departures reached 63.9 million by 2015 and Canadean expects the volume
of outbound tourists from the UK to rise at a CAGR of 4.26%, to reach 78.7 million by 2020
- In order to strengthen the UK's tourism, the Prime Minister announced a five-point tourism plan in 2015 that
would not only attract international visitors, but also help to create more jobs in the country. The plan consisted of
five major aspects: Skills and jobs, transport, a better coordinated sector, common sense regulation, and an
improved welcome. Moreover, to promote rail tourism in the UK, the Prime Minister declared a £0.73 million
(US$1.1 million) 'Rail for Tourism innovation' competition which was run by RSSB's Future Railways Programme. In
this, the winners were to suggest ideas on how to transform the travel experience for tourists visiting the country
- For summer 2016, WOW Air, which is an ultra-low-cost transatlantic airline, plans...
Insights and Future Outlook to 2020 by Radiant Insights
Summary
With the help of VisitBritain's (tourist board of Great Britain) tourism promotional efforts, the UK's tourism sector
depicted growth during 2010-2015, when domestic and inbound tourist volumes rose at a CAGR of 1.99% and
3.81% respectively. The growth in outbound tourism was supported by the improved economic growth in the same
period.
Browse Full Report with TOC @ http://www.radiantinsights.com/research/travel-and-tourism-in-the-uk-to-2020
Key Findings
- The UK's travel and tourism sector depicted growth during 2010-2015, supported by an increase in international
arrivals at a CAGR of 3.81%. Moreover, with VisitBritain's (tourist board of Great Britain) plans for promoting
tourism, inbound arrivals are expected to grow over 2016-2020 at a CAGR of 4.47%. Domestic and outbound
tourist volumes rose at a CAGR of 1.99% and 3.6% respectively, which can be largely attributed to improved
economic conditions. The number of departures reached 63.9 million by 2015 and Canadean expects the volume
of outbound tourists from the UK to rise at a CAGR of 4.26%, to reach 78.7 million by 2020
- In order to strengthen the UK's tourism, the Prime Minister announced a five-point tourism plan in 2015 that
would not only attract international visitors, but also help to create more jobs in the country. The plan consisted of
five major aspects: Skills and jobs, transport, a better coordinated sector, common sense regulation, and an
improved welcome. Moreover, to promote rail tourism in the UK, the Prime Minister declared a £0.73 million
(US$1.1 million) 'Rail for Tourism innovation' competition which was run by RSSB's Future Railways Programme. In
this, the winners were to suggest ideas on how to transform the travel experience for tourists visiting the country
- For summer 2016, WOW Air, which is an ultra-low-cost transatlantic airline, plans...