"United Kingdom Tourism Report Q2 2016" Published

The UK has a large and mature tourism market and attracts high number s of inbound arrivals from a range of source markets, as well as a great deal of investment. Growth is expected to be low and stable over the next five years, with 2016 slightly better than the low growth in 2015. Infrastructure is continuing to be invested in, although the failure to commit to airport expansion is suppressing the industry's potential. Additionally, the potential exit of Britain from the European Union in mid-2016 creates uncertainty for inbound investment and the threat of terrorist attacks throughout Europe could damage short-term inbound arrivals.

Key Updates And Forecasts

Inbound arrivals are set to achieve moderate growth of 1.4% in 2016, following a disappointing 2015. Total inbound arrivals will reach 33.0mn by the end of the year. Expansion of air travel to and from London has received another blow with the announcement that a decision on when and where to expand London's airports has now been delayed until mid-2016. The UK's busiest airports, Heathrow and Gatwick, are campaigning for the construction of a new runway.

Full Report Details at
- http://www.fastmr.com/prod/1152824_united_kingdom_tourism_report.aspx?afid=301

Intercontinental Hotels Group (IHG) has opened a 453 room hotel in London. The O2 hotel, located in the Greenwich Peninsula, is adjacent to the O2 Arena and will operate under a franchise agreement with Meridian Hotel Operations.

Starwood Hotels & Resorts Worldwide has announced that it has entered into a new Franchise agreement with football club Brighton and Hove Albion to open a new 150 room hotel in the city. Named Aloft Brighton, the hotel will open in September 2017 and will be adjacent to the team's stadium.

The United Kingdom Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's United Kingdom Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the British tourism industry.

Key Benefits
Benchmark BMI's independent tourism industry forecasts for United Kingdom to test other views - a key input for successful budgetary and planning in the British tourism market.
Target business opportunities and risks in the British tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in United Kingdom.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

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