The
tourism market in the UK is very well established, with a wide range of
attractions drawing visitors year after year. The transport network is well
developed, as is the accommodation sector, and the country has a very positive
global profile thanks to the highly successful hosting of the 2012 Summer
Olympic Games. Inbound and outbound travel are expected to increase throughout
our forecast period, and the country is likely to remain an attractive prospect
for potential investors over the coming years. While arrivals to the UK were
affected by the global credit crunch, as in many markets around the world,
figures have since recovered (though we may see a small decline in 2014).
Our
forecasts for growth of around 2% per year from 2015 onwards mean that we expect
arrivals to reach 35.1mn in 2018. The tourism market will receive a boost in
the form of two major international sporting events: the Commonwealth Games in
Glasgow, Scotland, in 2014 and the Rugby World Cup at various locations in
2015. These events will not only see a boost to local infrastructure but will
lead to a large number of participants and spectators travelling to the UK,
extending the spotlight cast on the country by the highly successful Olympics
and expanding the country's global popularity.
Spanning
Over 63 pages, “United
Kingdom Tourism Report Q3 2014”
report covering the SWOT, Industry Forecast, Market Overview, Global Industry
Overview, Demographic Forecast, Methodology.
Know more about this report at: http://mrr.cm/ZpC
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