Visitors from Overseas to London’s Theatre September 2010 Coming up… • • • • • • London’s Importance to Inbound Tourism London’s Top Inbound Markets Importance of Heritage and Culture Theatre Visitors from Overseas Value Messaging Importance of Word of Mouth Source: International Passenger Survey (ONS) London’s Importance to Inbound Tourism • 14.2 million visitors in 2009 – – – – 11 times Edinburgh 18 times Manchester 20 times Birmingham 50% of all staying visits in the UK • Spent £8.2 billion (£580 average per visitor) • International Hub – Mix of short and long-haul visitors – Higher proportion of Holiday visitors than UK average • Olympic & Paralympic Games Source: International Passenger Survey (ONS) London – Top Inbound Markets 2009 - Visits (000) 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 USA France Germany Spain Italy Ireland Netherlands Australia Canada Poland Switzerland Belgium Sweden Denmark Norway Japan India Austria Portugal South Africa • • London relies on mature markets and always will However, emerging markets such as Brazil, India, China, and Russia are forecast to grow rapidly over the next decade Source: Nation Brands Index 2009, VisitBritain/International Passenger Survey The importance of Culture & Heritage • 57% of online population agree that Culture & Heritage is a strong influence on their choice of holiday destination (NBI) – 15% disagreed • Britain can capitalise – UK is rated as 4th out of 50 nations for Culture – 4th for Contemporary Culture – 4th for Vibrant and Exciting Cities • Culture & Heritage motivates £4.5 billion inbound spend in the UK – 100,000+ jobs Source: International Passenger Survey (ONS) Figures are for visitors who only visited London Theatre is a fairly common activity for visitors to London from overseas • One in six visits involves theatre (all journey purposes) – One in four visits (holiday) • Fairly even seasonal spread • Over 2/3 of theatre visitors from overseas are on holiday – 1/5 VFR – 1/20 Business • 64% Musicals, 25% Play, 3% Dance, 1% Opera (Ipsos MORI) Source: VisitBritain/Nation Brands Index Musicals more appealing to females and seniors • Similar story for theatre/ballet/opera Appeal of Britain’s Theatre, Opera, Ballet • Similar story to musicals in terms of age/gender Source: International Passenger Survey (ONS) Figures are for visitors who only visited London Females likely to drive decision to go • 55% of theatre-goers from overseas are female – likely to bring their partner • Theatre attracts visitors of all ages… 65+, 5% 55-64, 12% 0-15, 4% 16-24, 18% 45-54, 19% 25-34, 23% 35-44, 17% …But Older Age Groups Have a Higher Propensity to Visit • Amongst Holiday visitors, 29% of over 45s went to the theatre in 2009 (vs 23% of under 45s) • Due to aging populations, the proportion of visitors to Britain aged 55+ has been growing for years, and should continue • In 1993, 12% of visitors were 55+ (18% in 2009) • In 1993, 25% of visitors were under 25 (18% in 2009) • The West End is well positioned to capitalise on demographic trends, but must keep connection with younger audiences too – 44% of visitors to the UK were 25-44 in 2009 Musicals have highest resonance amongst English-speakers • Musicals have highest appeal in Norway, Denmark, Sweden, Ireland • Theatre, Opera, Ballet most highly regarded by Nordics, Asian nations, and parts of Latin America (NBI) Source: International Passenger Survey (ONS) Figures are for visitors who only visited London League of London Theatre Visits Proportion of theatre visits 0% 5% 10% 15% Proportion of visits involving theatre 0% 20% USA Germany Netherlands Spain France Irish Republic Denmark Italy Australia Norway Canada Sweden Switzerland Belgium Austria • 1 in 6 theatre-visitors from overseas is from the USA 10% 20% 30% Denmark Brazil Norway New Zealand South Korea Greece Malaysia Austria Canada Australia Netherlands USA Portugal Singapore South Africa • Visitors from countries with a high level of English, visitors from Asia, and from Brazil have a high propensity to go to theatre 40% Average Cost of Sterling for Inbound Visitors 0 • …cost of Sterling has fallen Jul-10 Jan-10 Jul-09 Jan-09 Jul-08 Jan-08 Jul-07 Jan-07 Jul-06 Jan-06 Jul-05 Jan-05 Jul-04 Jan-04 Jul-03 Jan-03 Jul-02 Jan-02 Jul-01 Jan-01 Source: Ipsos MORI, VisitBritain Price of Tickets and General Expense are main reasons for not going more often, but… 120 100 80 60 40 20 Source: VisitBritain Cost of Sterling presents an opportunity • From Aug 2007 to Aug 2010 Sterling has fallen… • • • • • • 20% 22% 28% 17% 18% 18% against against against against against against US Dollar the Euro the Australian Dollar the Swedish Krona the Norwegian Krone the Danish Krone Source: Ipsos MORI, TNS/VisitBritain Theatre is a ‘Hidden Opportunity’ • For the majority of visitors to Britain, theatre is not the main reason for the trip – Theatre was main reason for visiting London for 13% of theatregoers from overseas – 49% of theatre-visitors from overseas book on the day or one day before the performance • However, visitors from overseas who went to the theatre in Britain are even more likely to recommend Britain than nontheatre-visitors – Encouraging more visitors to go to the theatre once they have decided to visit will result in more recommendations • Word of mouth is the most common way overseas visitors find out about theatre productions • Growing importance of social media Key Points • High appeal to visitors with a high level of English • More appealing for females and more senior age groups, although many theatre visitors are younger • The cost of sterling is a major opportunity relative to a few years ago • For the majority, theatre is not the reason to visit Britain, but word of mouth drives recommendations Source: Lynn Jones London Visitor Survey Theatre is frequently mentioned as one of the most enjoyable aspects of the trip, especially the Globe and musicals Attending a performance at the Globe Theatre and standing in the 'yard'. Fantastic! - USA We enjoyed the theatre, specifically Les Miserables and the Lion King. - USA Being with my grown kids and 'Spamalot' at one of the original theatres! I just want to go back to see theatre!!! - USA It was a Theatre experience. I saw 9 shows in the 8 days USA Monty Python's Spamalot!!!!!!Denmark The best was Billy Elliot the Musical – South Africa Sources • International Passenger Survey (Office for National Statistics) • Nation Brands Index (2007, GMI) • Nation Brands Index (2009, GfK) • The West End Theatre Audience (Society of London Theatre, Ipsos MORI) • Lynn Jones London Visitor Survey (2008-9) • Visitor Experience Research (TNS/VisitBritain, 2007)