Package vs Independent Holidays - UK - July 2008

Table of Contents

• Issues in the Market
• Main issues
• Definitions
• Abbreviations
• Market in Brief
• The package is dead...long live the package
• Spain goes south
• Walk like an Egyptian
• Bored with the US
• Premium package
• Children of the revolution
• Time saving device
• Internal Market Environment
• Key points
• Don' t mention the R-word
  • Figure 1: Domestic vs overseas holidays, 2003-13
• The ABC1 holiday pound
  • Figure 2: Domestic and overseas holidays expenditure, 2003-13
• Air travel: Expanding options
• Charter decline
  • Figure 3: International air passenger traffic to and from UK airports, 2003-07
  • Figure 4: Rolling annual passenger growth on different types of operation, all UK airports, 2005-07
• Sleeping with the enemy
  • Figure 5: Scheduled passengers carried by main low-cost airlines, 2003-07
• Unprotected holidaymakers
• New bonding arrangements
• Broader Market Environment
• Key points
• Things can only get better
  • Figure 6: GfK NOP Consumer Confidence Index, July 2007-June 2008
  • Figure 7: Trends in personal disposable income and consumer expenditure, 2003-13
• Travel midwifery
  • Figure 8: Forecast adult population trends, by lifestage, 2003-13
• Demographic tilt
  • Figure 9: Forecast adult population trends, by socio-economic group, 2003-13
• Oil on troubled waters
  • Figure 10: Crude oil prices, 2003-08
• Euro gloom
  • Figure 11: Sterling exchange rates at the beginning of each year, 2005-08
• Smart thinking
• Competitive Context
• Key points
• Leisure pound
  • Figure 12: Market size trends 2003-07, for selected activities, 2003-07
• Who needs shoes, let' s go on holiday
  • Figure 13: UK spending priorities for year ahead, January 2005-08
• Strengths and Weaknesses in the Market
• Strengths
• Weaknesses
• Market Size and Forecast
• Key points
• No crisis, but slowdown
  • Figure 14: Inclusive holidays versus independent holidays, by volume, 2003-08
• New mantra
• Big spenders
  • Figure 15: Inclusive holidays versus independent holidays, by value, 2003-08
• Package holiday spending
  • Figure 16: Package holiday expenditure, 2003-08
  • Figure 17: Average length of holiday, spend per visit & per day on an inclusive tours, 2003-07
• Future: Re-birth of the package
• Factors used in the forecast
• Segment Performance
• Key points
• Changing direction
  • Figure 18: Overseas holidays by region, 2003-07
• Spain slumps, Greece holds steady, Turkey rises
  • Figure 19: Top 10 Inclusive holiday short-haul destinations by number of visits, 2003-07
• North African growth
  • Figure 20: Top 10 Inclusive holiday long haul destinations by number of visits, 2003-07
• "Chindia" is on the up
• Decline of the package fortnight
  • Figure 21: Overseas holidays by duration, 2003-07
• Mega-short breaks
  • Figure 22: Overseas package holidays by duration, 2003-07
• AI vs authenticity
  • Figure 23: Package holiday accommodation, 2003-07
• Beached out
  • Figure 24: Package holiday types, 2003-07
  • Figure 25: Independent holiday types, 2003-07
• Distribution
• Key points
• Web research threat
  • Figure 26: Package holiday research sources, 2003-07
  • Figure 27: Independent holiday research sources, 2003-07
• Shop still top of the package pops
  • Figure 28: Package holiday booking methods, 2003-07
  • Figure 29: Independent holiday booking methods, 2003-07
  • Figure 30: Method of booking used for last package holiday abroad, 2004-07
  • Figure 31: Method of booking used for last Independent holiday abroad, 2004-07
• Companies and Products
• Key points
• Supply structure
  • Figure 32: Top 20 UK tour operator market share, by licensed passengers 2007
• Cosmos group
• Expedia
• Gold Medal Travel
• Kosmar Villa Holidays
• Kuoni
• Olympic Holidays
• Saga Holidays
• Thomas Cook Group
• TUI Travel Group
• XL Leisure Group
• Type of Holiday Taken
• Key points
  • Figure 33: Holidays taken in the past 12 months, June 2008
• Important Factors When Choosing a Holiday
• Key points
  • Figure 34: Important factors on holiday, June 2008
• The new travel landscape
• Demographic analysis of important holiday factors
• Food crosses boundaries
• Pastures new
• Sun, sea, sand
• Down with the kids
• Cheap and cheerful
• Good sports
• Age concern
• Appendix -- Type of Holiday Taken
  • Figure 41: Independent holidays taken in past 12 months, by demographics, June 2008
  • Figure 42: Package holidays taken in past 12 months, by demographics, June 2008
• Appendix -- Important Factors when Choosing a Holiday
  • Figure 43: Most important factors on holiday, by demographics, June 2008
  • Figure 44: Other important factors on holiday, by demographics, June 2008