ISBN 1-85765-718-7

Table of Contents

Executive Summary

Back to Holiday and Travel Services Index

Normally £311 - Our Price £287.67 - SAVE £23.33

TABLE OF CONTENTS

Executive Summary

Market Definition

MARKET SECTORS

MARKET POSITION

MARKET TRENDS

Table 1: Forms of Tourism (from the demand side)

Table 2: Business Travel in the Total Tourism Market ( percent expenditure), 1996

Market Size

THE TOTAL MARKET

DOMESTIC BUSINESS TOURISM

OUTBOUND BUSINESS TRAVEL

INBOUND BUSINESS TRAVEL

Table 3: The Internal and Outbound Business Travel Market by Volume and Value (£m and million trips/visits), 1992-1996

Table 4: Comparison for the Inbound and Internal Markets by Volume and Value (£m and million trips/visits), 1992-1996

Table 5: Comparison of the Inbound and Outbound Markets by Volume and Value (£m and million trips), 1992-1996

Table 6: Principal Countries of Origin and Destination for Business Travel ( percent), 1996

Table 7: Summary of Domestic Business Tourism (000 trips, £m and £), 1992-1996

Table 8: Length of Domestic Business Trips ( percent of total), 1996

Table 9: Summary of Outbound Business Travel (000 visits, £m and £), 1992-1996

Table 10: Mode of Travel by Outbound Business Travellers (000 visits), 1992-1996

Table 11: Regional Destinations of Outbound Business Travellers (000 trips and £m), 1992-1996

Table 12: National Destinations of Outbound Business Travellers (000 visits and £m), 1989-1996

Table 13: Summary of Inbound Business Travel (000 visits, £m and £), 1992-1996

Table 14: Mode of Travel by Inbound Business Travellers (000 visits), 1992-1996

Table 15: Regional Origins of Inbound Business Travellers (000 visits and £m), 1992-1996

Table 16: National Origins of Inbound Business Travellers (000 visits and £m), 1993-1996

Industry Background

INDUSTRY CONCENTRATION

DISTRIBUTION

INDUSTRY BODIES

Table 17: UK Hotel Industry Concentration and Geographical Breakdown, 1996

Table 18: International and Domestic Air Traffic at UK Airports by Nationality of Airline Operator (000 and percent), 1995

Table 19: Distribution of Domestic Business Travel Bookings ( percent), 1996

Competitor Analysis

THE MARKETPLACE

MARKET LEADERS

Table 20: The UK's Leading Hotel Groups (number of bedrooms and number of hotels), 1996

Table 21: Main UK-Based Scheduled Airlines by Number of Aircraft, 1990, 1994 and 1995

Table 22: Scheduled Air Passengers by Origin of Operator (million and percent), 1993-1995

Table 23: Scheduled Terminal Passenger Trends of Major UK Airports (000 and percent), 1993-1996

Table 24: Financial Summary of Granada Group (£m and percent), Year Ending December 1992-1996

Table 25: Financial Summary of Thistle Hotels (£m and percent), Year Ending December 1992-1996

Table 26: Financial Summary of Queens Moat Houses (£m, £000 and percent), Year Ending December 1992-1996

Table 27: Financial Summary of Stakis (£m and percent), Year Ending September 1992-1996

Table 28: Main Media Advertising Expenditure by Major Hotels and Business Brands (£000), 1993-1996

Table 29: Financial Summary of British Airways (£bn, £m and percent), Year Ending March 1993-1997

Table 30: Financial Summary of British Midland (£bn, £m, million and percent), 1992-1996

Table 31: Main Media Advertising Expenditure by Major Scheduled Airlines/Brands (£000), 1993-1996

Table 32: Financial Performance of BAA PLC (£m, percent, 000 and million), Year Ending March 1992-1996

Table 33: Financial Performance of Manchester Airport PLC (£m, million and percent), Year Ending March 1992-1996

Table 34: Financial Performance of Birmingham International Airport Ltd (£m, million and percent), Year Ending March 1992-1996

Strengths, Weaknesses, Opportunities and Threats (SWOT)

STRENGTHS

WEAKNESSES

OPPORTUNITIES

THREATS

Buying Behaviour

INTRODUCTION

HOTEL GUESTS

AIR TRAVELLERS ON BUSINESS

CAR HIRE

Table 35: Profile of British Hotel Use in the Last 12 Months for Business Travel by Sex, Age, Social Grade and Region ( percent of adults), 1996

Table 36: Penetration of Business Flights by Destination ( percent of adults), 1994-1996

Table 37: Profile of Airline Users for Business Travel by Sex, Age, Social Grade and Region ( percent of adults), 1994-1996

Table 38: Profile of Car Hire for Business Travel by Sex, Age and Social Grade ( percent of adults), 1996

Outside Suppliers to the Industry

THE MOTOR INDUSTRY

CONFERENCES AND EXHIBITIONS

Table 39: Company Cars in the UK (000 registered and percent), 1984-1996

Table 40: Main Car Hire Chains by Number of Outlets in the UK, 1996

Table 41: Exhibition Expenditure in the UK (£m), 1992-1996

Current Issues

EUROTUNNEL AND SHORT-SEA CHANNEL CROSSINGS

EXCHANGE RATES

ABOLITION OF DUTY FREE

DEREGULATION OF EUROPEAN AIR TRAVEL

PRIVATISATION OF BRITISH RAIL

Forecasts

FORECASTS 1997 TO 2001

Table 42: Forecast Number of Trips in Business Travel Market (000), 1997-2001

Company Profiles

INTRODUCTION

DEFINITIONS

FURTHER INFORMATION

Further Sources

ASSOCIATIONS

PERIODICALS

DIRECTORIES

GENERAL SOURCES

HBI UK INFORMATION SOURCES

GOVERNMENT PUBLICATIONS

OTHER SOURCES

Back to Top

EXECUTIVE SUMMARY

The UK market for business travel was worth £5.56bn, an increase of 10.2 percent over 1995. Most of the increase came from the growth in expenditure for outbound trips, which increased by 14 percent to £3.5bn, equivalent to 62.9 percent of the total market.

The volume demand for business travel by UK residents increased by 50 percent between 1992 and 1996, to reach 23.1 million business trips (excluding day trips in the UK). This was accompanied by an increase in expenditure (excluding international fares) of 65.3 percent over the same period.

The value of inbound business travel trips increased by 1.5 percent between 1995 and 1996 to £3.36bn, while the number of trips increased by 6.8 percent. The major reason for the low expenditure growth compared with the growth in the number of trips, was the contraction in the average duration of stay, which fell from 5.1 days to 4.7 days. Contraction in the duration of trips is a feature of the business travel market overall.

The growth in business travel demand has stimulated a revival in profitability of hotel groups, a sector which is becoming concentrated, but is still highly fragmented, with only 5 percent of the UK hotel bed stock held by the top three operators. The hotel sector is in a process of slow restructure which was accelerated in 1996 by Granada's takeover of Forte Hotels in 1996.

The affect of growth in the demand for business travel is less clear for transport providers, as the structure of the UK transport infrastructure has changed significantly in the last few years. The major changes have been the commencement of services through the Channel Tunnel since the end of 1994 and the privatisation of passenger rail services completed in the first half of 1997. Between 1993 and 1997, European Union (EU) air travel was also deregulated.

Key Note forecast that between 1996 and 2001 the volume demand for domestic business travel trips will increase by 21.9 percent and nearly 27.7 percent for outbound trips. Over the same period, it is estimated that there will be a 25.7 percent rise in the number of inbound business travel trips.

Text © 1997 Key Note

Back to Top

Back To REPORTFINDER HOME PAGE

Ariadne - working together with our customers to enhance productivity and increase knowledge

© 1999 www.the-list.co.uk Ariadne

Last updated by Duncan Nottage 11th February 1999