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Friday, October 25, 2013

Research Report On: Best Luxury Hotels In UK - 2013: Now at MarketResearchReports.Biz

Hotels increasingly live and die by online customer review and those who succeed will need a high-definition, bang-up-to-date offering: price-led, quirky/trendy, luxury or celebrity-endorsed glamour/glitz. Peer-to-peer rental alternatives like Airbnb are a growing and potentially major threat in many cities both in the UK and worldwide. Hotels without a clear and distinct offering will find it increasingly tough and risk becoming mired in mid-table mediocrity.

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TABLE OF CONTENT

Introduction
Definition
Abbreviations

Executive Summary
The market
Short break habit driving growth in hotel stays
Figure 1: Volume forecast of hotel/motel/guesthouse trips, 2008-18
Regions outperform capital in 2013 (for once)
Figure 2: UK hotels, occupancy, average room rate and RevPAR percentage change year on year, year to date January-August 2013
Market factors
Disappointing first half of 2013 for domestic travel
Figure 3: Volume, value and average spend on domestic holidays (GB), 2007-12
Inbound on upward curve
Figure 4: Inbound visits to the UK, by reason for trip, 2007-12
Currency rates continue to boost UK tourism
Figure 5: Annual exchange rates for Sterling versus the euro and US Dollar, 2007-13
Supplyside expansion
Companies, brands and innovation
Branded budget sector growing
Figure 6: Top ten UK hotel groups by number of hotels, 2013
Pods, hubs and Millennials
Shangri-La comes to Shard
The consumer

Issues in the Market
What is the Olympic legacy for UK hoteliers?
How significant is mobile booking for hoteliers?
How important is technological innovation for hotels?
How important is online peer-to-peer influence in choosing a hotel?

Trend Application
Trend: The Unfairer Sex
Trend: The Real Thing
Mintel’s Futures: Human

Market Drivers
Key points
Domestic holiday market still buoyant
Figure 13: Volume, value and average spend on domestic holidays (GB), 2007-12
Short breaks have driven growth
Figure 14: Short breaks vs mid-length holidays vs long holidays in Great Britain, by volume, 2007-12
Business volumes still up and down
Figure 15: Volume, value and average expenditure on domestic business travel (GB), 2007-12
Accommodation accounts for 37% of overnight domestic tourism spend
Figure 16: Expenditure on domestic tourism (GB), by category of spend (£m), 2008-12

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