The Average Length of International trips in United Kingdom in terms of Nights, attained a value of 9.78 in 2020
The indicator recorded a historical decline (CAGR) of 1.46% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the indicator to grow ...
The United Kingdom travel and tourism segment overview
Average Length of International trips in the United Kingdom experienced a minor decline between 2017-2020.
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries, and casinos and gaming markets.
The length of the pandemic and restrictions introduced by various countries are still difficult to predict, though many governments had introduced the national lockdowns and temporarily banned sales of products that are deemed "nonessential".
Market analysis of the travel and tourism segment in the United Kingdom
Following moderate growth in 2018, the UK travel and tourism industry stagnated in 2019, before suffering a steep decline in 2020 amid the COVID-19 pandemic. The industry looks set to recover and grow at a strong rate in the coming years.
The UK is an attractive destination for business tourism. The business visits and events sector is varied in the UK, covering trade fairs, conferences and congresses, outdoor and entertainment events, as well as business tourism. Business tourism also tends to produce higher visitor spending, with many visitors staying in upscale or luxury hotels. The regular hosting of various meetings, conferences, summits, concerts, festivals, cultural and sports events attracts large numbers of tourists.
Who are the leading players in the travel intermediaries market?
Booking Holdings Inc. is one of the largest travel intermediary firms in the UK. The company is based in Norwalk, Connecticut, the US, and is a provider of online travel and related services. It offers accommodation reservation services, rental car reservation services, price comparison services, restaurant reservations, airline ticket booking services, vacation packages, cruise booking services, and travel reservation services. It operates its business under brands such as Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com, and OpenTable.
Expedia Group Inc. is based in Bellevue, Washington, the US, and is an online travel company. It provides a wide range of services which include the booking of hotel rooms, airline seats, car rentals, and destination services through its travel suppliers. Expedia Group serves customers through mobile bookings, alternative distribution channels, private label businesses, and call centers. The company also has advertising and media businesses and travel management businesses. that seen before the pandemic.
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