[Report] UK Luxury Holidays Market Research, Trends, Analysis TOC

Issues in the Market
Main issues
Definitions
Abbreviations
Market In Brief
Beam me up, Scottie
Its all about the experience
Holiday growth
Defining luxury
Multi-generational holidays
Internal Market Environment
Key points
Overseas expansion
- Figure 1: Domestic vs overseas holidays, 2003-13
Holiday history
Holiday outlook
The holiday pound
- Figure 2: Domestic and overseas holidays expenditure, 2003-12
Holiday past
Holiday future
Average spend growth
- Figure 3: Average spend per trip, 2003-12
Multiple trip penetration growing
- Figure 4: Percentage of adults booking UK and overseas holidays, 2003-07
Luxury presents opportunity for stagnating packages
- Figure 5: Inclusive holidays versus independent holidays abroad, by volume, 2003-07
Destinations: long-haul trend
- Figure 6: Outbound holiday visits, by region visited, 2003-07
- Figure 7: Top 25 Holiday destinations, by estimated number of visits, 2003-07
- Figure 8: Top 25* holiday destinations, average percentage growth by estimated number of visits, 2003-07
European action
Further afield
The long haul
Broader Market Environment
Key points
...but economy unlikely to cool holidays
- Figure 9: Trends in personal disposable income and consumer expenditure, 2003-13
Ageing Britain, without age barriers
- Figure 10: Trends in the age structure of the UK population, by gender, 2003-13
Growing aspirational ABs
- Figure 11: Forecast adult population trends, by socio-economic group, 2003-13
Key groups on the increase
- Figure 12: Forecast adult population trends, by socio-economic group, 2003-13
Lower Internet booking, but potential is strong
- Figure 13: Internet penetration, by gender, socio-economic group and age, 2003-07
Holidays remain the priority
- Figure 14: UK spending priorities for year ahead, January 2005-08
Exchange rates favour mid and long-haul
- Figure 15: Annual average exchange rates for Sterling against other currencies, 2003-08
Competitive Context
Key points:
Figure 16: UK retail sales, by broad sector, 2003-07
Luxury trips as part of overall market
- Figure 17: Overall compared with luxury holiday volume, 2003-07
Strengths and Weaknesses in the Market
Strengths
Growing desire for unique experiences
Immunity to economic downturn
Favourable exchange rate to new destinations
Rising wealthy ABC1 population
Savvy, confident travellers
Weaknesses
Economic slowdown
Rising standards and expectations
Housing market
Social stigma
Market Size and Forecast
Key points
- Figure 18: Luxury breaks taken by UK residents, 1999-2007
- Figure 19: Number of total holidays and Luxury holidays, by number of trips, 2003-13
Our market sizes: The methodology
Holiday spending
Overseas compared with domestic spend
- Figure 20: Overseas versus domestic holiday spending in the past 12 months, October 2007
Factors used in the forecast
Segment Performance
Key points
Lengthy luxury
- Figure 21: Number of nights spent away on a luxury holiday, 2003-07
Home, Europe or beyond?
- Figure 22: UK versus abroad for last luxury holiday, 2003-07
The top luxury destinations
- Figure 23: Detailed destination of last luxury holiday, 2003-07
Short-haul luxury
Long-haul luxury
Mode of travel
- Figure 24: Transport used on last luxury holiday, 2003-07
Accommodation
- Figure 25: Accommodation used on last luxury holiday, 2003-07
Types of luxury holiday
- Figure 26: Type of luxury holiday taken, 2003-07
Cruises picking up speed
Market Share
Key points
- Figure 27: Luxury operators' annual company turnover, 2005-07
Companies and Products
Tour operators and travel agents
Abercrombie & Kent
- Figure 28: Financial performance of Abercrombie & Kent, 2006/07
Cox & Kings
Figure 29: Financial performance of Cox and Kings, 2006-07
Exsus Travel
- Figure 30: Financial performance of Exsus, 2005/06
Hayes and Jarvis
Kirker Holidays
- Figure 31: Financial performance of Kirker Holidays, 2005/06
Kuoni
- Figure 32: Financial performance of Kuoni Group, 2004-07
Sandals
Thomas Cook
Thomson
Airlines
British Airways
- Figure 33: Financial performance of British Airways Plc, 2003-07
Eos Airlines
MAXjet
Silverjet
Cruises
Channels to Market
Key points
- Figure 49: Channels to market for luxury holiday bookings, 2003-07
- Figure 50: Booking method for luxury holidays, 2003-07
Sources of information used (independent holidays)
- Figure 51: Sources used to get information on last independent holiday, 2007
The Consumer: Holidays Taken
Key points
- Figure 52: Holidays taken in the past 12 months, February 2008
The Consumer: Defining Luxury
Key points
' Luxury' = warmth + new feelings
- Figure 53: Important elements on a luxury holiday, by holidays taken, February 2008
Defining ' luxury' by demographics
The Consumer: Experience and Intentions
Key points
Experience and intentions by holidays taken
- Figure 54: Luxury holiday experience and intention, February 2008
Appendix -- Market Size and Forecast
Expenditure abroad by demographics
- Figure 58: Total overseas spending in past 12 months, by demographics, October 2007
Appendix -- The Consumer: Holidays Taken
- Figure 59: Holidays taken in the past 12 months, by demographics, February 2008
Short-haul abroad
- Figure 60: Short-haul holidays taken abroad in the past 12 months, by demographics, February 2008
Long-haul abroad
- Figure 61: Long-haul holidays taken in the past 12 months, by demographics, February 2008
UK holidays
- Figure 62: Holidays taken in the UK in the past 12 months, by demographics, February 2008
Appendix -- The Consumer: Defining Luxury
- Figure 63: Important elements on a luxury holiday, by demographics, February 2008
- Figure 64: Further important elements on a luxury holiday, by demographics, February 2008
Appendix -- The Consumer: Experience and Intentions
Experience and intentions by demographics
- Figure 65: Luxury holiday experience and intentions, by demographics, February 2008
- Figure 66: Further luxury holiday experience and intentions, by demographics, February 2008

Luxury Holidays - UK - May 2008