Page 50 - StudyTravel Magazine September/October 2021 Issue
P. 50

MARKET ANALYSIS




            Average cost of...
                                           1,300               US$1,274                Thank you to the schools
                 a one-month course,                                                   who participated in our
                 excluding accommodation   1,200                           US$1,245    survey.

                 host family accommodation   1,100    US$1,104  US$339      US$336     The full list can be found
                                            350
                 per week                         US$311                               at https://studytravel.
                                                 US$248        US$306       US$311     network/magazine/
                 residential accommodation   200                                       issues/814
                 per week                          2010         2015         2020

            Change in top nationalities in the USA by student weeks (2010-2020)




                                                                                             2020

                                                                                         24%  Japanese
                                                                                         19%  Saudi
                                                                                         9%  Korean
                                                                                         8%  Chinese
                                                                                         6%  Swiss
                15%  14.5%  24%  6%  8%  19%  11%  11%  9%  8%  6%  8%  5%  9%  6%  3%  10%  4%  4%  Brazilian
                                                                                             Kazakhstan
                                                                                          3%
              JApANESE      SAUDI       KOREAN      CHINESE      SwISS     BRAzILIAN      2%  Turkish
                                                                                          2%  Polish
                                                                                          2%   German




            Marketing spend by category


                    TRAVEL COSTS                    AGENCY COSTS                  pUBLICITY COSTS
             2010                           2010                           2010

              30%                            35%                            35%
                16%  11% 1% 1% 1%              18%     14%  3%                 24%     8% 2% 1%
             2015                           2015                           2015

              23%                            36%                            41%
              8% 7% 4% 2%2%                        32%      2%2%             14%     19%    6% 2%
             2020                           2020                           2020

              12%                            32%                            56%
               12% 0%0% 0%0%                     27%    5%  0%                   30%         26%    0%0%
                    Agent workshops                Commission                     Own brochures
                    Marketing trips                Incentives                     Internet
                    Student exhibitions            Agency brochures               Magazines for students
                    Agency visits                                                 Magazines for agents
                    Entertainment




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