2023
9
UK Touring and Adventure Holidays Market Report 2023
2023-02-23T03:09:55+00:00
OX1156117
2195
160759
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Report
en_GB
“Interest in group touring holidays has declined in the last year, despite the lifting of international travel restrictions. With some consumers believing they do not offer enough value for money,…

UK Touring and Adventure Holidays Market Report 2023

£ 2,195 (Excl.Tax)

Description

The Touring and Adventure Holidays Market Report 2023 provides comprehensive data and invaluable analysis of consumer attitudes towards adventure and touring holidays. Our research examines the impact of the rising cost of living on the touring and adventure holidays market, future interest in group touring holidays and barriers to booking holidays. Gain insight into how to respond to changing consumer demands and stay ahead of your competition with our adventure tourism market research.

Touring and Adventure Holidays Market – Overview

The price of holidays offered has become the leading factor when travellers decide which company to book a touring and adventure holiday with. As household finances become increasingly squeezed, travellers will continually analyse the cost-value associated with the touring and adventure holidays market. Brands offering low deposits, the option to pay in instalments and providing a holiday booking calendar that shows prices on a range of dates, will appeal to a wider range of customers amid the cost of living crisis.

Touring and Adventure Holidays Market – Trends & Consumer Behaviours

The growing number of one-person households provides opportunities for brands to appeal to a larger number of older singles. Older travellers defiantly refuse to conform to the prevailing norms and expectations of ‘older people’ in today’s society, and so operators would do well to promote the social aspect of tours, as well as opportunities to try new activities and experiences, to solo older travellers. The touring and adventure holidays market also continues to be popular amongst Gen Zs, who remain keen for the reassurance of travelling within a group.

Adventure tourism market UK – Statistics

  • 67% of over-65s said they were interested in going on a group touring holiday.
  • 63% of those who are interested in taking a group touring holiday would be most likely to travel abroad for their trip.
  • 53% of travelers would be interested in going on a historical or cultural group touring holiday.
  • 37% of Gen Z would be interested in participating in a photography touring holiday.

Touring and Adventure Holidays Market – Future Outlook & Opportunities

Generation Z are revolutionising modern photography and video culture with the rise of social media and resurgent interest in physical photos. Operators in the tour and adventure holidays market can capitalise on this trend by offering photography tours to the younger, cost-conscious generation. These tours should provide Gen Zs with unique opportunities to create content in exciting locations at affordable prices.

With travel sustainability moving to the fore of many consumers’ minds, operators in the touring and adventure holidays market should increasingly focus on what they can do to improve their sustainability credentials. Travellers will increasingly expect brands to make sustainable choices on their behalf, such as carbon offsetting and offering a range of sustainable transport options.

To discover more about the UK Consumers and the Cost of Living Market Report 2023, read our UK Holiday Review Market Report 2023, or take a look at our other Holidays and Travel Market Research.

Quickly Understand

  • The impact of the rising cost of living on the touring and adventure holidays market.
  • Future interest in group touring holidays.
  • Barriers towards group touring holidays.
  • Considered budget, destinations and companions for a group touring holiday.
  • Important factors when booking a group touring holiday.

Leading Brands in the Adventure Tourism Market UK

Riveria, Byway, Escorted, Great Rail Journeys, Riviera Tours, Newmarket Holidays, Specialist Journeys, Leger Holidays, Cosmos Tours, Martin Randall Travel, Jules Verne, Wendy Wu Tours, G Touring Limited, G Adventures, Ramblers Walking, HolidaysExodus Travels, Explore Worldwide, Intrepid Travel UK, On The Go Tours, KE Adventure Travel

Expert Analysis from a Specialist in the Travel Sector

This report, written by Rich Shepherd, a leading analyst in the travel sector, delivers in-depth commentary and analysis to highlight current trends in the touring and adventure holidays market and add expert context to the numbers.

Interest in group touring holidays has declined in the last year, despite the lifting of international travel restrictions. With some consumers believing they do not offer enough value for money, brands will have to up their game to increase the perceived value amid the rising cost of living. Effective ways to do so include promoting the convenience of touring holidays, as well as providing premium options for those looking for an upgraded experience.”

Jennie Bryans
Travel and Leisure Analyst

Table of Contents

  1. Overview

      • Key issues covered in this Report
        • Products covered in this Report
        • Executive Summary

            • The five-year outlook for touring and adventure holidays
              • Figure 1: Category outlook, 2023-27
            • The market
              • Booking levels dropped in January 2023, when the market should have gained momentum
                • Figure 2: Holiday bookings in the last three months, 2019/20 vs 2022/23
              • Consumer spending power is curbed
                • Figure 3: The financial Confidence Index, 2009-23
              • Companies and brands
                • Riviera launches new immersive itineraries
                  • Increased focus on indigenous tourism
                    • Byway and Intrepid Travel launch flight-free trips
                      • The consumer
                        • Interest in group touring holidays remains below pre-pandemic levels
                          • Figure 4: Overall interest in group touring holidays, by age, 2020-22
                        • Escorted rail tours now the second desired type of group touring holiday
                          • Figure 5: Future interest in group touring holidays, 2020-22
                        • Historical and cultural touring holidays remain most popular
                          • Figure 6: Interest in themed touring holidays, 2021-22
                        • Opportunities to promote themed tours for all ages
                          • 6 in 10 would head abroad for a touring holiday
                            • Gen Zs more likely to consider long-haul adventures
                              • Figure 7: Desired destinations for touring holidays, by generation, 2022
                            • 64% would spend up to £1,000 on a touring holiday
                              • Figure 8: Considered spending on touring holidays, by age, 2022
                            • Quality time together has become more important to families
                              • Figure 9: Desired companions for touring holidays, 2022
                            • Price and quality are at the forefront of consumers’ minds
                              • Figure 10: Important factors when choosing a group touring holiday provider, 2022
                            • Free time important for consumers
                              • 7 in 10 turn to the specialists
                                • Figure 11: Behaviours towards group touring holidays, 2022
                              • The overarching barrier is a preference for other holiday types
                                • Touring and adventure holidays offer opportunities for connections
                                  • Figure 12: Barriers to touring holidays, 2022
                              • Issues and Insights

                                • Inflationary pressures expected to remain
                                  • Opportunities for brands to target different age groups
                                    • The young adventurer
                                      • Quality time together has become more important to families
                                        • Older consumers are willing to pay for convenience and quality
                                        • Market Drivers

                                          • Booking levels dropped in January 2023, when the market should have gained momentum
                                            • Figure 13: Holiday bookings in the last three months, 2019/20 vs 2022/23
                                          • Booking intentions are also below pre-pandemic levels
                                            • Figure 14: Plans to book a holiday in the next three months, 2019/20 vs 2022/23
                                          • Inflationary concerns remain a key concern for many consumers
                                            • While some consumers will look to lower-cost options…
                                              • …others will be in a position to spend more
                                                • Figure 15: The financial Confidence Index, 2009-23
                                            • Launch Activity and Innovation

                                              • New touring and adventure holiday itineraries
                                                • Riviera launches new immersive itineraries
                                                  • Contiki adds new Greece trips
                                                    • Contiki launches in Africa
                                                      • G Adventures unveiled a series of European tours
                                                        • Newmarket Holidays launches new dates for Lapland Day Trips in 2023
                                                          • Leger Holidays releases 18 new battlefield tours
                                                            • Whereabouts Holidays offers a broader range of trips following relaunch
                                                              • Spotlight on sustainability
                                                                • G Adventures’ investment in sustainable tech start-up
                                                                  • Increased focus on indigenous tourism
                                                                    • Luxury coach travel sets off
                                                                      • Byway and Intrepid Travel launch flight-free trips
                                                                        • Interrail launches 50% flash sale
                                                                        • Touring and Adventure Holiday Operators

                                                                            • Escorted touring – key elements
                                                                              • Group adventure – key elements
                                                                                • Financial performance
                                                                                  • Figure 16: Leading escorted tour operators, by revenue, January 2023
                                                                                  • Figure 17: Leading group adventure travel tour operators, by revenue, January 2023
                                                                              • Future Interest in Touring Holidays

                                                                                • Interest in group touring holidays remains below pre-pandemic levels
                                                                                  • Figure 18: Overall interest in group touring holidays, by age, 2020-22
                                                                                • Escorted rail tours now the second desired type of group touring holiday
                                                                                    • Figure 19: Future interest in group touring holidays, 2020-22
                                                                                  • Escorted rail tours appeal to a diverse range of consumers
                                                                                    • Figure 20: Interrail website landing page, January 2023
                                                                                  • Wealthy, older travellers are interested in being whisked away on coach tours…
                                                                                    • …whilst younger travellers keen for adventurous activities
                                                                                      • Figure 21: Future interest in group touring holidays, by age, 2022
                                                                                  • Interest in Themed Touring Holidays

                                                                                    • Historical and cultural touring holidays remain most popular
                                                                                      • Figure 22: Interest in themed touring holidays, 2021-22
                                                                                    • Opportunities to promote themed tours for all ages
                                                                                      • Older travellers show high interest in history and culture
                                                                                        • Spotlight on foodie tours for the whole family
                                                                                          • Opportunities to help the younger generation professionalise their photography and video skills
                                                                                            • Figure 23: Interest in themed touring holidays, by age, 2022
                                                                                        • Destinations for Touring Holidays

                                                                                          • 6 in 10 would head abroad for a touring holiday
                                                                                            • Figure 24: Desired destinations for touring holidays, 2022
                                                                                            • Figure 25: Desired destinations for touring holidays, 2022
                                                                                          • Millennials keen for closer to home breaks…
                                                                                            • …whilst Gen Zs more likely to consider long-haul adventures
                                                                                              • Figure 26: Desired destinations for touring holidays, by generation, 2022
                                                                                            • Europe is a magnet for historical, cultural and foodie tours
                                                                                              • Figure 27: Selection of European food adventure tours available with Intrepid Travel, January 2023
                                                                                          • Spending on Touring Holidays

                                                                                            • 64% would spend up to £1,000 on a touring holiday
                                                                                              • Figure 28: Considered spending on touring holidays, by age, 2022
                                                                                              • Figure 29: Flexible payment options offered by Contiki, 2023
                                                                                            • Rising cost of living offers opportunity to promote domestic touring holidays
                                                                                            • Companions for Touring Holidays

                                                                                              • Over 4 in 10 would go with their partner/spouse
                                                                                                • Figure 30: Desired companions for touring holidays, 2022
                                                                                              • Tours are a popular option for young groups of friends…
                                                                                                • …whilst more older travellers are embracing solo travel
                                                                                                  • Figure 31: Desired companions for touring holidays, by age, 2022
                                                                                              • Important Factors for Touring Holidays

                                                                                                • Price and quality are at the forefront of consumers’ minds
                                                                                                  • Figure 32: Important factors when choosing a group touring holiday provider, 2022
                                                                                                • Younger women remain more cost-conscious
                                                                                                  • Figure 33: Consumers who selected ‘the price of holidays offered’ as an important factor, by age and gender, 2022
                                                                                                • Families long for innovative offerings
                                                                                                • Behaviours towards Touring Holidays

                                                                                                  • Free time important for consumers
                                                                                                    • Travellers crave summer breaks
                                                                                                      • 7 in 10 turn to the specialists
                                                                                                        • Younger generations are keen to immerse themselves in local experiences
                                                                                                          • Figure 34: Behaviours towards group touring holidays, 2022
                                                                                                      • Barriers to Touring and Adventure Holidays

                                                                                                        • The overarching barrier is a preference for other holiday types
                                                                                                            • Figure 35: Barriers to touring holidays, 2022
                                                                                                          • Cost and companions are cited as other barriers
                                                                                                            • Operators should focus on increasing the perceived value
                                                                                                              • Touring and adventure holidays offer opportunities for connections
                                                                                                              • Appendix – Data Sources, Abbreviations and Supporting Information

                                                                                                                  • Abbreviations
                                                                                                                    • Consumer research methodology

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