United Kingdom Hotel Gift Cards Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Universal Accepted Open Loop and Hotel Closed Loop), By Price Range (Low (0-1000 US$) and Medium (1000-3000 US$)), and United Kingdom Hotel Gift Cards Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsUnited Kingdom Hotel Gift Cards Market Insights Forecasts to 2035
- The United Kingdom Hotel Gift Cards Market Size Was Estimated at USD 2,798.74 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 12.51% from 2025 to 2035
- The United Kingdom Hotel Gift Cards Market Size is Expected to Reach USD 10,234.72 Million by 2035
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According to a Research Report Published by Spherical Insights & Consulting, The United Kingdom Hotel Gift Cards Market Size is anticipated to Reach USD 10,234.72 Million by 2035, Growing at a CAGR of 12.51% from 2025 to 2035. The increasing use of digital devices and customer demand for easy-to-give solutions. Expanding e-commerce platforms and improved hotel loyalty programs increase demand even more, hastening market expansion.
Market Overview
The United Kingdom Hotel Gift Cards Market Size refers to the industry involves marketing and distributing prepaid cards that clients can use to reserve services and hotel rooms. These gift cards encourage brand loyalty for hotel chains and provide travelers with an efficient means to give gifts. The industry is rising as a consequence of growing tourism and more digitization, as customers favor flexible, cashless payment methods for reserving lodging and other hospitality services. Increasing demand for travel both domestically and abroad, particularly in aftermath of the pandemic. E-commerce expansion and growing digital use make it possible to buy and use gift cards with ease. Gift cards can be used by hotels to increase repeat business and customer loyalty. Furthermore, collaborations with internet platforms and travel agents can broaden the audience, and gift cards that are personalized and themed can accommodate a range of customer preferences, thereby increasing market potential. The electronic-only cards for immediate delivery, eco-friendly digital solutions, experience-based bundles that combine eating or spa appointments, and integration with loyalty programs for further advantages. These developments satisfy changing customer demands by improving sustainability, ease, and customization.
Report Coverage
This research report categorizes the market size for the United Kingdom hotel gift cards market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom hotel gift cards market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom hotel gift cards market.
United Kingdom Hotel Gift Cards Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 2,798.74 million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR of 12.51% |
2035 Value Projection: | USD 10,234.72 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Product Type, By Price Range |
Companies covered:: | Hyatt, Airbnb, Expedia Group, Four Seasons & Hotels Resorts, Marriott International, Choice Hotels International, Wyndham Hotels & Resorts, Hilton, Best Western, Blackhawk Network, Coast Hotels Limited, and Other Key Companies. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The rising demand for individualized presents and the increase in disposable income. Consumer adoption is increased by the ease of use of digital gift cards, which enable rapid purchase and simple redemption. In order to promote repeat business and client retention, hotels are also including gift cards into loyalty programs. Smooth transactions are further made possible by the growth of mobile apps and e-commerce platforms. Demand for travel has increased since the epidemic, and providing presents procedures are favoring experiential gifts over conventional ones. When combined, these elements provide a strong foundation for long-term market expansion and innovation.
Restraining Factors
The concerns with theft and misconduct, which undermine customer confidence. The widespread adoption of gift cards is further hampered by their limited acceptance at independent or smaller hotels and by consumers being unaware of their advantages. Economic uncertainty can additionally end in less money being spent freely on presents related to travel.
Market Segmentation
The United Kingdom hotel gift cards market share is classified into product type and price range.
- The universal accepted open loop segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom hotel gift cards market is segmented by product type into universal accepted open loop and hotel closed loop. Among these, the universal accepted open loop segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segment growth can be attributed to increasing travel and tourism, the use of digital platforms for convenient shopping, the need for flexible, adaptable gifting remedies like open loop cards, along with how hotels incorporate gift cards into loyalty programs to increase customer engagement and retention.
- The low (0-1000 US$) segment accounted for the largest revenue in 2024 and is expected to grow at a significant CAGR during the forecast period.
The United Kingdom hotel gift cards market is segmented by price range into low (0-1000 US$) and medium (1000-3000 US$). Among these, the low (0-1000 US$) segment accounted for the largest revenue in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because it's inexpensive, making it accessible to consumers on limited funds seeking for informal presents. Its appeal for dining, spa services, and short stays creates steady demand and expands its market reach.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom hotel gift cards market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Hyatt
- Airbnb
- Expedia Group
- Four Seasons & Hotels Resorts
- Marriott International
- Choice Hotels International
- Wyndham Hotels & Resorts
- Hilton
- Best Western
- Blackhawk Network
- Coast Hotels Limited
- Others.
Recent Developments:
- In June 2023, Pandora launched a digital gift card program targeting corporate clients, in collaboration with InComm Payments. This program allows businesses to purchase gift cards ranging from £20 to £200 for employee rewards or client incentives, facilitating B2B engagement and expanding Pandora's market reach.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at UK, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom hotel gift cards market based on the below-mentioned segments:
United Kingdom Hotel Gift Cards Market, By Product Type
- Universal Accepted Open Loop
- Hotel Closed Loop
United Kingdom Hotel Gift Cards Market, By Price Range
- Low (0-1000 US$)
- Medium (1000-3000 US$)
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