The travel & tourism revenue in the United Kingdom increased to around 18.2 billion dollars in 2021. This was a small increase and an early sign of the recovery from the covid-19 pandemic and its impact upon the travel and holiday industry. The Hotel segment generated a revenue of almost seven billion dollars making it the revenue strongest segment. The Statista Mobility Market Outlook estimated that revenue across all segments will continue to increase and by 2023 reach pre-pandemic revenues.
Revenue of the Travel & Tourism market in the United Kingdom from 2017 to 2026, by segment
(in billion U.S. dollars)
Characteristic
Hotels
Package Holidays
Vacation Rentals
Cruises
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Data provided by Statista Market Outlook are estimates
The Travel & Tourism market contains package holidays, hotel stays, private vacation rentals and cruises. Users represent the number of travelers. Well-known providers of package holidays are online travel agencies (OTAs) such as Expedia and Opodo and tour operators such as TUI. Specialized providers of hotels and private accommodation booked online are, for example, Hotels.com, Booking.com, and Airbnb. The booking volume includes all booked travels made by users from the selected region, independent of the departure and arrival.
Offline bookings made, for example, in a travel agencies office or by telephone are also included in this segment
All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.
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Statista. (January 12, 2022). Revenue of the Travel & Tourism market in the United Kingdom from 2017 to 2026, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 19, 2022, from https://www.statista.com/forecasts/515511/revenue-in-the-reisen-and-tourismus-market-in-the-united-kingdom
Statista. "Revenue of the Travel & Tourism market in the United Kingdom from 2017 to 2026, by segment (in billion U.S. dollars)." Chart. January 12, 2022. Statista. Accessed January 19, 2022. https://www.statista.com/forecasts/515511/revenue-in-the-reisen-and-tourismus-market-in-the-united-kingdom
Statista. (2022). Revenue of the Travel & Tourism market in the United Kingdom from 2017 to 2026, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 19, 2022. https://www.statista.com/forecasts/515511/revenue-in-the-reisen-and-tourismus-market-in-the-united-kingdom
Statista. "Revenue of The Travel & Tourism Market in The United Kingdom from 2017 to 2026, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Jan 2022, https://www.statista.com/forecasts/515511/revenue-in-the-reisen-and-tourismus-market-in-the-united-kingdom
Statista, Revenue of the Travel & Tourism market in the United Kingdom from 2017 to 2026, by segment (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/515511/revenue-in-the-reisen-and-tourismus-market-in-the-united-kingdom (last visited January 19, 2022)
