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United Kingdom Tourism Report Q2 2016

  • April 2016
  • -
  • Business Monitor International
  • -
  • 31 pages

Includes 3 FREE quarterly updates

BMI View: The UK has a large and mature tourism market and attracts high numbers of inbound arrivalsfrom a range of source markets, as well as a great deal of investment. Growth is expected to be low andstable over the next five years, with 2016 slightly better than the low growth in 2015. Infrastructure iscontinuing to be invested in, although the failure to commit to airport expansion is suppressing theindustry's potential. Additionally, the potential exit of Britain from the European Union in mid-2016 createsuncertainty for inbound investment and the threat of terrorist attacks throughout Europe could damageshort-term inbound arrivals.

Key Updates And Forecasts

- Inbound arrivals are set to achieve moderate growth of 1.4% in 2016, following a disappointing 2015.Total inbound arrivals will reach 33.0mn by the end of the year. Expansion of air travel to and fromLondon has received another blow with the announcement that a decision on when and where to expandLondon's airports has now been delayed until mid-2016. The UK's busiest airports, Heathrow andGatwick, are campaigning for the construction of a new runway.

- Intercontinental Hotels Group (IHG) has opened a 453 room hotel in London. The O2 hotel, located inthe Greenwich Peninsula, is adjacent to the O2 Arena and will operate under a franchise agreement withMeridian Hotel Operations.

- Starwood Hotels & Resorts Worldwide has announced that it has entered into a new Franchise agreementwith football club Brighton and Hove Albion to open a new 150 room hotel in the city. Named AloftBrighton, the hotel will open in September 2017 and will be adjacent to the team's stadium.

Table Of Contents

United Kingdom Tourism Report Q2 2016
BMI Industry View 5
Table: Key Forecasts (United Kingdom 2013-2020) 5
SWOT 7
Industry Forecast 9
Table: Inbound Tourism (United Kingdom 2013-2020) 13
Table: Tourism Receipts (United Kingdom 2013-2020) 14
Table: Hotel Accommodation (United Kingdom 2013-2020) 17
Table: Tourist Departures and Consumption (United Kingdom 2013-2020) 18
Industry Risk/Reward Index 19
Table: Western Europe Tourism Risk/Reward Index 19
Rewards 20
Risks 20
Market Overview 22
Competitive Landscape 25
Domestic Hotel Groups 25
Table: Domestic Hotel Groups 25
International Hotel Groups 26
Table: International Hotel Groups 26
Methodology 28
Industry Forecast Methodology 28
Risk/Reward Index Methodology 29
Table: Weighting Of Indicators 31

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