The resilience of the travel industry never ceases to amaze. Hit by head winds of Brexit and multiple terror attacks, the report below shows both outbound and inbound sectors are up on last year. This is backed up by our own circumstantial evidence which reflects a strong demand for recruitment across all levels in the traditionally quiet hiring month of August.
The volatile environment hasn’t curbed appetite to travel. Overall, our research points to an increase in future travel plans: 39% of people who travel for leisure intend to travel more in the coming year. This is reflected in the increase in bookings seen for both domestic and international travel. According to the latest GfK Travel Monitor data, outbound bookings for Summer 2016 are currently up 4% year-on-year. Similar figures from VisitEngland corroborate this: 40% of accommodation providers are reporting increased visitor numbers. Bookings for Winter 2016/17 and Summer 2017 are also both up dramatically on last year’s equivalent, suggesting earlier bookings. The main difference, though, is in the mix of destinations that have benefitted from this increase in bookings. Spain and Portugal in particular are showing growth at the expense of Turkey, Egypt and Tunisia.
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