July 23rd, 2007
Africa was the Fastest Growing Exotic Travel Destination for UK Consumers
DUBLIN, Ireland — Research and Markets (http://www.researchandmarkets.com/reports/c42747) has announced the addition of UK Travel Insurance 2006 to their offering.
A comprehensive analysis of the UK travel insurance market
Scope of this title:
* Analysis of the competitive issues shaping the market, supported by interviews with senior industry executives and data from secondary sources
* Exclusive market sizing, travel trend, competitor and distribution statistics
* Forecasts of growth up to and including 2010 and the key factors behind this growth
* Interviews with industry executives conducted suggest that the split between annual and single trip travel insurance varies widely between competitors books. However, on average the split is 60:40 in favor of single trip travel.
* Following a Government review in 2007, travel agents could become included under FSA regulation. If this does take place, it is likely that some travel agents will leave the market, in particular, creating opportunities for the alternative distribution channels.
* While European destinations are still the most commonly visited, the number of trips taken to more exotic destinations is growing the fastest. For example, the number of trips taken to Africa grew the fastest in 2005, driven by holidays to Egypt.
Reasons to order your copy:
* Develop your business strategy with confidence using our exclusive sector forecasts of market size
* Understand the current market structure including market size, growth and competitor markets shares to see the potential in this market
* Incorporate the analysis of travel destination data into your marketing strategy