The accommodation sector has performed well despite difficult economic conditions and the significant adverse effect on demand for holiday accommodation in 2010 / 11. The 2012 Olympics and Paralympics as well as the Queen’s Diamond Jubilee offered a significant boost to the industry particularly in the south east and London at what could have been a difficult time. As global economic conditions strengthen, consumer confidence increases along with levels of disposable income, the sector looks poised for continued growth.
Bringing together data from a range of sources, including IbisWorld, Mintel and Statistics for Wales, into one place you will find detailed information on the composition of the holiday accommodation sector in the UK and Wales as well as industry benchmarks on cost analysis and revenue streams.
The section goes on to explore, by type of accommodation, occupancy levels across Wales, highlighting differences by region, location, month of the year, size of business and rate tariff.