Speaking at WTM London, Caroline Bremner, Euromonitor International’s head of travel, said that in addition, Thailand, the US and Hong Kong would be the chief beneficiaries of growing demand.
Euromonitor International says demand from visitors from countries surrounding China and rising middle class prosperity in Asia will see France lose its position as the world’s most popular holiday spot.
Speaking at WTM London, Caroline Bremner, Euromonitor International’s head of travel, said that in addition, Thailand, the US and Hong Kong would be the chief beneficiaries of growing demand.
The UK outbound market faces the uncertainty of Brexit, she said, while another concern was the ageing UK population with less disposable income, with the proportion of the population in the lower social classes set to increase by 2030.
Bremner said young people in the UK also had less money than in the past. “Whereas it is the opposite in Asia.”