The Market value of Car Rental segment of travelers on Business trips from Airport location in United Kingdom, attained a value of USD 519.20 million in 2023
The indicator recorded a historical growth (CAGR) of 44% between 2020 to 2023, and is expected to grow by ...
GlobalData projects the indicator to grow ...
Travel & Tourism in the United Kingdom
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and the gaming market. The airline industry is defined as the total revenue obtained by airlines from transporting passengers.
The UK is one of Europe’s leading tourism destinations by international arrivals, but its dense population also drives domestic short-stay travel, driving demand for accommodation.
The industry is expected to recover over the coming years, driven by a rebound in tourism as travel restrictions around the globe are lifted. Prior to COVID-19, tourism was the fastest-growing industry in this country.
Category segmentation
Foodservice is the largest segment of the travel & tourism industry in the United Kingdom, accounting for the largest share of the industry's total value.
The Travel intermediaries segment accounts for a second-largest share of the industry.
Geography segmentation
The United Kingdom accounts for a significant share of the European travel & tourism industry value.
France accounts for the largest share of the European industry.
Leading companies of the Travel & Tourism sector in the United Kingdom
Ei Group Ltd
Ei Group Ltd (Ei Group) is a pub company that operates a portfolio of leased and tenanted pubs. It runs pubs under retail styles including family dining, community wet-led and food-led pubs. The company offers a range of products ranging from international brands to local microbrewery beers to publicans in the industry. It also manages commercial properties that are leased to tenants on commercial terms. Ei Group also develops standalone and residential sites with income retained on land, which is surplus to pub requirements. The company operates pubs in England and Wales. Ei Group is headquartered in Solihull, the UK.
Travelport Worldwide Ltd
Travelport Worldwide Ltd (Travelport) operates travel commerce platform that provides distribution, technology, payment and other solutions for the global travel and tourism industry. The company connects the worlds travel providers such as airlines and hotel chains with online and offline travel agencies and other travel buyers in the proprietary business-to-business (B2B) travel commerce platform.
Travelport’s customers include airline operators, hotels, car rental agencies, rail networks, travel management companies, and tour operators. The company operates across Americas, Europe, Asia-Pacific, the Middle East, and Africa. Travelport is headquartered at Langley, Berkshire, the UK.
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