While the propensity to spend more on booking travel is set to remain, from autumn 2023 onwards the industry will be at a tipping point. It can be expected that the rising cost of living will increasingly become a key consideration when UK consumers book travel.
It will be key for booking operators to bring together the two contradictory trends of trading up and value for money with demand for personalisation. To remain competitive, travel players will need to develop their offerings to a growing number of diverse consumer groups, in addition to different types of destinations.
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Understand the latest market trends and future growth opportunities for the Booking industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Booking industry in United Kingdom, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Booking
The Booking category includes: Booking Offline, Booking Online including Mobile Travel, Leisure Travel, Business Travel, Travel Intermediaries and Direct Suppliers. It covers point of sale to residents for travel either domestically or abroad.
See All of Our DefinitionsThis report originates from Passport, our Booking research and analysis database.
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