81% Micro
15% Small
3% Mid
1% Large
0% Mega
INSIGHTS - APRIL 2024
UK Travel Agency & Booking Industry
UK Travel Agency & Booking Industry Information
The travel industry is engaged in selling travel, tour, transportation and accommodation services, arranging tours that are sold through travel agencies or tour operators and other travel-related services including reservations, tourist guides and tourism promotion activities.
Active Businesses
14,295
Annual Sales
£35bn +
Employees
93,306
Economic Contribution
£8bn
Tags
Location of Travel Agency & Booking Companies
Travel Agency & Booking Companies by Size
Largest Travel Agency & Booking Companies
Turnover
Tui Uk Limited
£4.9bn
Jet2holidays Limited
£4.2bn
Rcl Cruises Ltd
£1.7bn
Trailfinders Limited
£858.7m
P G S International Limited
£841.5m
Travel Agency & Booking Companies by Age
34% Young
26% Established
23% Startup
17% Mature
0% New
Oldest Travel Agency & Booking Companies
Established
Fastest Growing Travel Agency & Booking Companies
56% Declining
16% Rapid
12% Healthy
9% High
6% Low
Fastest Growing Travel Agency & Booking Companies
3yr CAGR
Travel Agency & Booking Industry Competitive Environment - New Entrants vs Leavers
Travel Agency & Booking Industry Valuation
EBITDA Multiple
Travel Agency & Booking Industry Valuation
Turnover Multiple
Travel Agency & Booking Industry Valuation
Net Asset Multiple
Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Travel agency, tour operator and other reservation service and related activities Industry Insights
There are 14,295 active Businesses in the UK with combined annual sales of £35 billion .
The Industry employs around 93,306 people and contributes £8 billion to the economy.
The most popular location for Travel Agency & Booking companies is London with 5,181 and the fewest are located in Northern Ireland with 145.
The largest Travel Agency & Booking company is Tui Uk Limited with a turnover of £4.9bn. 81% of the industry is comprised of Micro companies with only 3% Mid companies.
17% of the Travel Agency & Booking Industry is made up of 17% Mature but the majority are Young businesses (34%) the oldest company is Althams Travel Services Limited founded in 1894.
Travel Agency & Booking industry has a number of high growth companies (9%), the fastest growing company is Travel Up Limited with a 3 year growth rate of 170%. Other fast growing companies include Travel Up Group Plc (170%), Oxford International Education & Travel Limited (156%) and London Theatre Direct Ltd (148%).
The UK Travel Agency & Booking Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.82x, Turnover multiple of 1.24x and a Net Asset multiple of 3.00x.
