U.K. Travel Market Report 2023-2027
- Published:
- March 2024
- Research Type:
- Report
- Figures:
- 14
- Segments:
- Air, Car Rental & Ground Transportation, Hotels & Lodging, Online Travel Agencies, Rail, Tours & Packages
- Regions:
- Europe
Summary
In 2023, the U.K. travel market experienced significant growth, with gross bookings increasing 19%, driven by robust expansion in online bookings, mobile transactions, and key sectors like airlines and car rentals. Online bookings continued their surge, highlighting the further shift towards digital platforms and the U.K.’s high online penetration rate. The airline segment performed particularly well, contributing significantly to the market's overall performance. Though challenges like inflation continue to impact market health, the industry is still on a positive trajectory, with moderate projected growth and technological advancements shaping the future of travel in the U.K. through 2027.
This report provides a comprehensive view of the U.K. travel market, including detailed market sizing and projections, distribution trends, analysis of major travel segments, key developments and more.
The U.K. Travel Market Report 2023-2027 is part of Phocuswright’s Europe Travel Market Report 2023-2027 series, which features six key countries/regions as well as a regional overview. With the single purchase of the series, the following reports are automatically included at no additional cost:
