Page 34 - StudyTravel Magazine April 2024 Issue
P. 34

MARKET ANALYSIS




            Change in top nationalities in Ireland by student weeks (2013-2023)              2023
                                                                                         27%  Spanish
                                                                                         23%  Brazilian
                                                                                         13%  Italian
                                                                                          7%  French
                                                                                          4%  Mexican
                                                       4%             4%     3%  4%  4%   4%  Turkish
               10%  17%  27%  13%  24%  23%  8%  23%  13%  6%  7%  5%  2%                 3%  Chilean
              SPANISH    BRAZILIAN     ITALIAN      FRENCH     MEXICAN      TURKISH       2%  German
                                                                                          2%   Hungarian
                                                                                          2%  Bolivian

            Change in Irish schools’ marketing budget by region               Change in overall length
            (2013-2023) (overall %)                                           of stay (2013-2023)

                                                                               16
                               0.25%
                            0%    1%                 17%  13%  6%  11%  12%  17%
                            NORTH                     C&E                      12
                           AMERICA                  EUROPE        ASIA
                                                                                8
                                                        6.5%  5%                4
               18%  18%  30%  0.5%  0%  0%  44.5%  50%  40%  9%   0%  0.25%  1%
               LATIN                   WESTERN      MIDDLE
              AMERICA      AFRICA       EUROPE       EAST      AUSTRALASIA      0  7.8 weeks  5.3 weeks  13 weeks



            Marketing spend by category


                    TRAVEL COSTS                   AGENCY COSTS                  PUBLICITY COSTS
             2013                           2013                           2013

              36%                            36%                            28%
               9%     18%   4% 2% 3%              29%      4% 3%             12%   11%  3%2%
             2018                           2018                           2018

              32%                            41%                            27%
             7.5%  18.5%  4% 0%2%                 31%        6%  4%          16.5%  9% 1.5%0%
             2023                           2023                           2023

              28%                            44%                            28%
              10%    9%  4% 3%2%                     42%          1% 1%        19%     9% 0%0%
                   Marketing trips                Commission                     Internet
                   Agent workshops                Agency brochures               Own brochures
                   Agency visits                  Incentives                     Magazines for agents
                   Student exhibitions                                           Magazines for students
                   Entertainment




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