The UK travel accommodation market has experienced notable expansion, offering both challenges and prospects for industry. The attractiveness of the UK as a tourist hotspot, along with favorable exchange rates and improved accessibility, has led to a surge in the number of visitors, consequently bolstering the accommodation sector. The emergence of online travel agencies and reservation platforms has played a pivotal role in stimulating UK travel accommodation market growth. These platforms have simplified the process of locating and securing accommodations, granting travelers a convenient and effective means of planning their trips. As a result, accommodation providers have got the opportunity to have enhanced visibility and an expanded customer base. The market has been greatly influenced by technological progress, presenting abundant chances for businesses to foster creativity and elevate the overall customer experience. The fusion of AI and VR has completely transformed the marketing and administration of lodgings. Moreover, the sector encounters numerous obstacles such as rising operational costs, regulatory limitations, and changing consumer tastes, potentially hindering its expansion. Furthermore, the ongoing surge in tourism, emerging markets, and the potential for personalized and experiential accommodations present numerous opportunities for businesses operating in the UK travel accommodation market.
The U.K. Travel Accommodation market is segmented into type, application, price point, mode of booking and region. The type segment comprises hotel, hostel, resort, vacation rental, and others. The applications covered in the study include leisure, professional, and others. On the basis of price point, the market is categorized into economy, mid-range, and luxury. Depending on mode of booking, it is segregated into online travel agency, hotel website, and others.
The major players in the travel accommodation industry that have been analyzed in this report include Booking.com, Airbnb, TripAdvisor, Expedia, EasyJet, Eurotunnel, Hotel.com, Lastminute.com, Thomas Cook, Premier Inn
The U.K. Travel Accommodation market is segmented into type, application, price point, mode of booking and region. The type segment comprises hotel, hostel, resort, vacation rental, and others. The applications covered in the study include leisure, professional, and others. On the basis of price point, the market is categorized into economy, mid-range, and luxury. Depending on mode of booking, it is segregated into online travel agency, hotel website, and others.
The major players in the travel accommodation industry that have been analyzed in this report include Booking.com, Airbnb, TripAdvisor, Expedia, EasyJet, Eurotunnel, Hotel.com, Lastminute.com, Thomas Cook, Premier Inn
Key Benefits For Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in U.K. travel accommodation market.
- Assess and rank the top factors that are expected to affect the growth of U.K. travel accommodation market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the U.K. travel accommodation market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
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Key Market Segments
By Type
- Hotels
- Hostels
- Resorts
- Vacation Rentals
- Others
By Application
- Leisure
- Professional
- Others
By Price Point
- Economy
- Mid-Range
- Luxury
By Mode of Booking
- Online Travel Agency
- Direct Booking
- Others
- Key Market Players
- Booking.com
- Airbnb
- TripAdvisor
- Expedia
- EasyJet
- Eurotunnel
- Hotel.com
- Lastminute.com
- Thomas Cook
- Premier Inn
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: U.K. TRAVEL ACCOMMODATION MARKET, BY TYPE
CHAPTER 5: U.K. TRAVEL ACCOMMODATION MARKET, BY APPLICATION
CHAPTER 6: U.K. TRAVEL ACCOMMODATION MARKET, BY PRICE POINT
CHAPTER 7: U.K. TRAVEL ACCOMMODATION MARKET, BY MODE OF BOOKING
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Booking.com
- Airbnb
- TripAdvisor
- Expedia
- EasyJet
- Eurotunnel
- Hotel.com
- Lastminute.com
- Thomas Cook
- Premier Inn
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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