Inbound tourism flows to the UK continue to remain low as a result of inter-country travel restrictions in 2021, which are delaying the recovery in lodging’s sales. However, domestic tourism flows were picking up from the middle of May as soon as leisure travel within the country was allowed to resume, generating most of the lodging demand in 2021.
In order to ensure the safety of travellers, the presence of COVID-19 measures in all categories of the lodging industry became the new norm. Despite hotels implementing various health and safety measures to restore consumer confidence, there is still a general preference for self-contained accommodation, where visitors do not have to share facilities or services with travellers from other households.
The government’s support in restarting the travel and tourism industry will continue to help the hospitality sector at the beginning of the forecast period. For example, after the reduction of VAT to 5% for hospitality, holiday accommodation and attractions until 30 September 2021, an interim 12.
The pandemic shed light on how easily physical attendance could be substituted by video conferences in the business world. Lockdowns, and guidance on working from home lasting for months, resulted in a change in consumer habits, and the emergence and, more importantly, wide acceptance of a hybrid business model.
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
Understand the latest market trends and future growth opportunities for the Lodging industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging industry in United Kingdom, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This report originates from Passport, our Lodging research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Home Page