Posts Categorised: Travel

Value added

Author: Pragma / Categories:
  • Travel
  • The future is bright for value retail, with the UK discount retail market forecast to grow by nearly 40% in the next five years to £32.5bn (GlobalData).
    Discount and value retailers have been on the rise for many years, particularly since the recession of 2008 and the following years of economic stagnation, real wage contraction

    To wrap-up our month looking at the travel market, we’d like to share our latest research into this sector.
    We believe that the Baby Boomers segment provides an opportunity for operators in this market, particularly due to their growing numbers and the fact they have more time and money to spend in comparison to their Millennial

    Nothing compares

    Author: Pragma / Categories:
  • Travel
  • Online Travel Agents have enjoyed a boom in business in recent years but in the `race to the bottom’ for price advantage they now need to adapt their product offering to maintain a competitive edge.
    They are facing strong competition on several fronts: meta-search sites, such as Kayak, can offer consumers better search experiences and

    Take me out

    Author: Pragma / Categories:
  • Outdoor & Sport
  • Travel
  • Zipline London recently opened the world’s fastest city zipline on London’s Southbank, illustrating the growing thirst for new experiences that is driving the UK leisure market.
    We consider the space an attractive opportunity for two reasons: first, growing consumer spend in this sector; and second, an increase in the supply of innovative concepts
    Spending time

    Beyond compare

    Author: Pragma / Categories:
  • Travel
  • While much has been made about the recent growth of staycation holidays and the market opportunities it provides, deeper analysis shows that only certain destinations are enjoying bumper growth.
    The value of the UK tourism market is expected to grow to £22.9bn for 2016, representing a steady 4% CAGR since 2010.  This has led to

    Raising the bar

    Author: Pragma / Categories:
  • Airports
  • Travel
  • F&B is now considered a main attraction and an experience in its own right at airports, just as it is elsewhere. Airports are responding to the demand for more choice and innovation by dedicating more space to F&B, with some airport CEOs stating that “eating is the new shopping”.
    It is worth noting that more

    Vacation innovation

    Author: Pragma / Categories:
  • Travel
  • In the face of pressure from DIY holiday planners and online travel agents, it would be easy to accept the view that the physical travel agent is fast becoming an obsolete concept.
    Digital, as both a research and booking medium, has gained ground and there is no doubt that it is a focus for investment

    Consumers are increasingly shifting their expenditure from shopping to socialising, posing a big challenge for landlords and retailers.
    Most retail destinations, such as shopping centres, were not built with a mixed-use purpose in mind. While many have added cafés and restaurants to their mix in recent years, investment is required to adapt these spaces for

    UK travel behaviours

    Author: Pragma / Categories:
  • Travel
  • The travel behaviours of the UK population are changing. Having already witnessed a trend towards staycations in recent years, this summer UK tourism benefitted from the post-Brexit boom to the tune of £1.4bn. With lengthy Brexit negotiations likely to see exchange rate uncertainty continue, and an ongoing threat of terrorism in previously popular destinations

    Sun, sea and search

    Author: Pragma / Categories:
  • Travel
  • Consumers are increasingly relying upon apps and websites to suggest where they should go on holiday. But finding the right holiday online can be both frustrating and time-consuming.
    New concepts, however, are being developed to help consumers deal with an ever-expanding range of options and replicate the helpful high street travel agent.
    On the LuckyTrip