The UK hotels market in value terms has grown by over 53% since 1997 to reach £10.5 billion (US$15.2 billion) in 2000.
The strength of the UK and world economies has been a major factor in creating positive trends.
Sales to the corporate market account for the highest proportion of turnover.
The consumer market has suffered intense competition from other European destinations.
This report is part of Euromonitor’s highly successful Major Market Profiles series.
These briefings provide concise, up-to-date, accurate and affordable analysis of 156 commercial, industrial and service sectors in France, Germany, the UK and the US.