Long-haul Holidays - UK - January 2007

Table of Contents

• Issues in the Market
• Definitions
• Abbreviations
• Market In Brief
• Outperforming market
• Jaded travellers up the ante
• Long-haul to the rescue
• DIY long-haul
• Boomers are up for it
• Status symbols
• Going east and south
• Lap of luxury
• Sleeping giants awake
• Consolidation
• Recipe for success
• Internal Market Environment
• Key findings:
• Deeper malaise
  • Figure 1: Independent holidays and expenditure abroad, 2001-10
• Sea change
• Meeting the challenge
• Skies open up
• Budget long-haul
• Major obstacles
• Leg room wars
• Big footprints
• Cleaning up the act
• No room at the inn
• Mass market vs luxury
• Broader Market Environment
• Key findings:
• Mixed signals
  • Figure 2: GfK NOP consumer confidence index: Last 12 months
  • Figure 3: Trends in GDP, personal disposable income and consumer expenditure, 2001-11
• Buoyant backbone
• Super spike
  • Figure 4: Crude oil prices, 2001-06
• More bang for your buck
  • Figure 5: Annual average exchange rates for Sterling against the euro and US Dollar, 2002-06
• ABC spells success
  • Figure 6: Forecast adult population trends, by socio-economic group, 2001-11
• Hey big spender
• Third age boom
  • Figure 7: Forecast adult population trends, by socio-economic group, 2001-11
• Competitive Context
• Key findings:
• Overseas holiday market
  • Figure 8: Overseas holidays and expenditure, at current prices, 2001-06
• Strengths and Weaknesses in the Market
• Strengths
• Weaknesses
• Market Size and Forecast
• Key findings:
• Past and present
• Future
  • Figure 9: long-haul holidays and overseas holidays, 2001-06
  • Figure 10: Forecast of expenditure on long-haul holidays and overseas holidays, 2006-11
• Past and present: solid growth
• Reasons for growth: Middle class wanderlust
• Future: Steady growth
• Great expectations
• Trading up
• Soft ethicals
• Mega events
• Far flung DIY
• Differentiation
• To boldly go
• A bright future
• Factors used in the forecast
• Segment Performance
• Key findings:
• Top twenty
  • Figure 11: Number of UK residents' visits abroad on a long-haul holiday, by top 20 countries, 2001-05
• US bounces back...
• ...but travellers grow more adventurous
• Super Cuba
• Golden Orient
• Nuts about Brazil
• Region by region
• North America
  • Figure 12: UK residents' visits to North America, by visits, nights, spending and inclusive tours, 2001-05
• Asia
  • Figure 13: UK residents' visits to Asia by visits, nights, spending and inclusive tours, 2001-05
• Grey geese flock east
• The Middle East
  • Figure 14: UK residents' visits to the Middle East by visits, nights, spending and inclusive tours, 2001-05
• Africa
  • Figure 15: UK residents' visits to Africa by visits, nights, spending and inclusive tours, 2001-05
• Australasia
• Figure 16: UK residents' visits to Australia and New Zealand by visits, nights, spending and inclusive tours, 2001-05
• Hippest place on Earth
• Caribbean
  • Figure 17: UK residents' holidays to the Caribbean by visits, nights, spending and inclusive tours, 2001-05
• Central and South America
  • Figure 18: UK residents' holidays to Central and South America by visits, nights, spending and percentage of inclusive tours, 2001-05
• Companies and Products
• Key findings:
• Fragmented but consolidating
• The Big Four
• TUI UK/Thomson
• Thomas Cook
• First Choice Holidays
• MyTravel
• Specialist tour operators
• Kuoni
• Bales Worldwide
• Cosmos
• Trailfinders
• Western & Oriental
• Virgin Holidays
• Distribution
• Key findings:
• Long-haulers more loyal to agents and operators...
• ...but DIY is rising
  • Figure 19: How booked last long-haul holiday, 2002-06
  • Figure 20: Method used to book last long-haul holiday, 2003-06
  • Figure 21: How booked last short-haul holiday, 2002-06
  • Figure 22: Method used to book last short-haul holiday, 2003-06
• Long-haul Holidays Taken
• Key findings:
  • Figure 23: Long-haul holidays taken in the past 12 months, November 2006
• Independent revolution hits long-haul too
• Potential long-haulers
• Trends in long-haul holidays
  • Figure 24: Trends in long-haul holidays taken in the past 12 months, 2004-06
• Who goes long-haul?
• Adventurous indies
• Long-haul ' mass-market'
• Untapped potential
• Holidays taken by demographics
  • Figure 25: Long-haul holidays taken in the past 12 months by demographics, November 2006
• Attitudes Towards Long-haul Holidays
• Key findings:
• Attitudes towards all holidays
  • Figure 26: Attitudes towards holidays, November 2006
• Change as good as a rest
• Attitudes towards long-haul holidays
  • Figure 27: Attitudes towards long-haul holidays, November 2006
• Culture vultures and green third agers
• Europhiles
• No room for complacency
• From Benidorm to Bali
• Anxious affluents
• Escorts
• Potential travellers by attitudes
• Cultural novelty is the key
• Winter sun
• Long-haul virgins need most help
  • Figure 28: Attitudes towards long-haul travel by uptake, November 2006
• Attitudes towards long-haul travel -- detailed demographics
  • Figure 29: Most popular attitudes towards long-haul holidays by demographics, November 2006
  • Figure 30: Further attitudes towards long-haul holidays by demographics, November 2006
• Attitudes towards all holidays by demographics
  • Figure 31: Most popular attitudes towards holidays by demographics, November 2006
  • Figure 32: Further attitudes towards holidays by demographics, November 2006