Youth Holidays - UK - July 2008

Table of Contents

• Issues in the Market
• Main issues
• Definitions
• Abbreviations
• Market in Brief
• Growing up...with Mum and Dad
• Teenage angst and the pleasure pursuit
• The rise of the flashpacker
• Youth 2.0
• International Bright Young Things
• Independently minded, with package potential
• Internal Market Environment
• Key points
• Overseas expansion flat then slow
  • Figure 1: Domestic vs overseas holidays 2003-13
• Domestic spend growing faster
  • Figure 2: Domestic and overseas holidays expenditure, 2003-13
• Travel by degrees
  • Figure 3: All students at council-funded fe provision and publicly funded higher education institutions, by mode and level of study, 2002/03-2006/07
• Strapped for cash
  • Figure 4: NUS estimated average student expenditure for the 2007/08 academic year (39 weeks)
• Student loans
  • Figure 5: Total amount of students loans lent to english domiciled students studying in the UK and EU students studying in England
• Youth accommodation targets the "flashpackers"
• Low-cost Indian summer
• Key points
• Changing economy = family and far flung trips
  • Figure 6: Trends in personal disposable income and consumer expenditure, 2003-13
• Teen gulf
  • Figure 7: Projected numbers of 18-30-year-olds in the uk, mid years by age last birthday, 2003-13
• In Godparents we trust
  • Figure 8: Forecast adult population trends, by socio-economic group, 2003-13
• Can expanding retired foot the bill?
  • Figure 9: Forecast adult population trends, by socio-economic group, 2003-13
• Not quite net generation
  • Figure 10: internet penetration, by gender, socio-economic group and age, 2003-07
  • Figure 11: UK spending priorities for year ahead, January 2005-08
• Euro no go zone
  • Figure 12: Annual average exchange rates for Sterling against other currencies, 2002-08
• Competitive Context
• Key points
  • Figure 13: Total overseas holidays vs overseas visits made by 16-24-year-olds 2000-07
• Strengths and Weaknesses in the Market
• Strengths
• Weaknesses
• Market Size and Segmentation
• Key points
  • Figure 14: Overseas youth market by volume, 2003-13
• Europe is our playground
  • Figure 15: Visits to specific countries by 16-24-year-olds, 2002-06*
• Youth have more package potential
  • Figure 16: Type of holiday taken for last/last but one holiday, 2000-08
• Number of youth holidays taken
  • Figure 17: Number of holidays taken in the last 12 months, by age, 2008
• Independent versus packaged
  • Figure 18: Youth holidays - packaged versus independent and domestic versus abroad, 2003-08
• Type of holiday taken
  • Figure 19: Type of holiday taken, by age, 2008
• Long stay versus short-break
  • Figure 20: Number of nights taken for last holiday, by age, 2004
• Domestic Youth Holidays
• Key points
• The city has it
  • Figure 21: Domestic youth holidays by type, 2004-08
• Short but sweet
  • Figure 22: Number of nights taken for last UK youth holiday, 2004-08
• The great British summer
• Youth Holidays Abroad
• Key points
• Seeking more than sun, sea and sand
  • Figure 24: Type of overseas youth holiday taken, 2004-08
• Live fast, fly young
  • Figure 25: Number of nights taken for last youth holiday abroad, 2004-08
• Core summer market
  • Figure 26: Month when last youth holiday abroad began, 2003-08
• This Year' s Loves
  • Figure 27: Foreign holiday plans in the next 12 months by 16-24s, October 2007
• Wearing travel on their sleeves
  • Figure 28: General attitudes towards holidays by 16-24s October 2007
• Holidays: A fragile luxury
  • Figure 29: Attitudes towards holiday spending by 16-24s, October 2007
• Green, but old before their time
  • Figure 30: Attitudes towards cultural, ethical, green and slow travel by 16-24s, October 2007
• Rail rescue package
• Distribution
• Key points
• Last minute approach -- for now
  • Figure 31: When last holiday was booked, by 16-24s, 2008
• Travel agents: The new youth clubs
  • Figure 32: How last holiday was booked, by 16-24s 2008
• Companies and Products
• Key points
• Club 18-30
• Contiki Holidays
• easyCruise
• Escapades
• Freestyle
• Lonely Planet
• PGL
• Real Gap Experience
• STA Travel
• The Consumer: Holidays Taken by Youth
• Key points
  • Figure 33: Holidays taken by 16-25-year-olds in past three years, April 2008
• Family fortunes
• Flyer education
• Junior Paris
• The Consumer: Holiday Types and Activities
• Key points
  • Figure 34: Holidays types and activities taken by 16-25-year-olds in past three years , April 2008
• Younger culture vultures
• Hedonism comes with age
• International Bright Young Things
• The Consumer: Holiday Organisation
• Key points
  • Figure 35: Organisation of holidays taken by 16-25-year-olds in past three years , April 2008
• 5-star youth
• Credits and debits
• Don' t tell us what to do
• Appendix -- The Consumer: Holidays taken by Youth
  • Figure 38: Holidays taken by 16-25-year-olds in past three years , by detailed demographics, April 2008
• Appendix -- The Consumer: Holiday Types and Activities
  • Figure 39: Holidays taken by 16-25-year-olds in past three years , by detailed demographics, April 2008
• Appendix -- The Consumer: Holiday Organisation
  • Figure 40: Organisation of holidays taken by 16-25-year-olds in past three years , by detailed demographics, April 2008