United Kingdom Tourism Report Q4 2013 – New Study Released

We believe it is one of the strongest tourism markets in Western Europe, with the highest hotels industry value and one of the highest tourism arrivals and tourism receipts values; we see these trends continuing throughout our forecast period. The UK is also due to host two major international sporting events over the coming years – the 2014 Commonwealth Games in Glasgow and the 2015 Rugby World Cup (at various locations around the country). These events are likely to result in large numbers of participants and spectators travelling to the United Kingdom. An overview of the UK’s top 10 tourism markets highlights the fact that Europe remains the UK’s main source of tourism, despite the continuing economic uncertainty. However we are calculating a slight decline on our previous Q4 forecast as the continuing economic downturn in much of Europe over this period is likely to act as a deterrent for potential tourists. However the other regions are forecast to see a growth in arrivals over 2013 and we have increased our forecasts for inbound tourists from these regions. After a period of significant infrastructure development and hotel-building activity in the run-up to the 2012 Olympic Games, the scene may now be set for more modest overall growth in the UK’s hotel industry. Recent developments include: – Accor is launching a new brand in the UK, the Adiago aparthotels, the first of which opened in Liverpool in March 2013. – The group also re-launched their Mercure hotel in London in June 2013, following an extensive redesign of the hotel. It is the flagship UK hotel in a brand Accor is hoping to double the size of by 2016. – Over the past quarter ICHG has signed three new hotels to its Holiday Inn brand. UK construction company Balfour Beatty secured a contract worth GBP121mn (US$181.5mn) to build a hotel, leisure and apartment complex for Grove Developments in North Greenwich Peninsula in London. – China-based commercial property and entertainment conglomerate Dalian Wanda Group is to develop a hotel and residential project in London. – UK conglomerate Rigby Group has acquired a majority stake in Exeter International Airport. – The GBP80mn (US$123.5mn) redevelopment of the terminal at Stansted Airport has begun.

Editor – Pageant Media – United Kingdom

With an international readership that includes senior insurance executives and risk managers this monthly title is the premier source for in-depth analysis of insurance lines and regulatory issues, as well as claims management and tax trends for corporate entities operating IIPs. Managing, editing and writing Global Risks content (both print and online), the editor will work with the brand’s advertising, marketing, events and production teams to enable the title to reach new heights of quality, relevance and reader penetration. They will also regularly liaise with Pageant Medias wider team of insurance journalists to share content and ideas for the development of the brand. The right candidate will receive a competitive salary and the opportunity for rapid career progression at an innovative and ambitious company. Applicants must have: A proven ability of breaking exclusive news An understanding of corporate risk management and the commercial insurance sector. We will also consider outstanding candidates who have written about other parts of the financial services sector Keen analytical and feature writing abilities – we want a candidate with the ability to drill down into the sector and thoroughly understand the key issues in order to meet readers work-flow needs. Excellent networking skills. The candidate should have a proven track record of developing contacts and sources. We expect all of our journalists to regularly meet with insurance professionals and interact with their industry and readers. The ability to creatively edit a monthly magazine and daily website – the candidate should be innovative when it comes to content ideas, engage with the readership and create a product that oozes quality and detail. Excellent time management and organisational skills in juggling a busy schedule. The ability to design content and cultivate relationships with key industry figures for Global Risks events and conferences.