Households drive market demand, with household spending representing 76.4% of total demand in 2020. Phoenix Hotels Ltd is the largest company in the UK, generating 11.3% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 39.8% of total turnover in 2020. The total number of companies decreases in 2020, to 61,986 units. The costs of the industry decrease by 38.4% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 12.7% of turnover in 2020, the 20th highest in the region. With turnover of USD17.2 billion, the UK accounts for 9.2% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in the UK: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in the UK: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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