The global sports tourism market is expected to grow at a CAGR of 35.2% during the forecast period. Since, travel implies movement, travel Sports Type was originally associated with the computer reservations system (CRS) of the airlines industry, but now is used more inclusively, incorporating the broader tourism sector as well as its subset the hospitality industry. While travel Sports Type includes the computer reservations system, it also represents a much broader range of Destinations, in fact increasingly so. The tourism industry must keep up with the introduction of new technologies. The e-sports tourism is expected to bring new opportunities in the market in near future.
Individual & group is expected to account the highest market share in current year and is expected to grow at fastest rate
On the basis of end-user, the market is bifurcated into individual & group and institution. Individual & group is expected to account the highest market share in current year and is expected to grow at fastest rate large number of travelers travelling as a solo participant or audience with sports as reason to travel.
Geographically, Europe is the largest sports tourism market with different type of sports being played in different countries. Besides, the region organizes some of the major sports tournaments and events attracting domestic and international audience.
Some of the key players operating in the sports tourism market are BAC Sports, Club Europe Holidays Ltd., Gullivers Sports Travel Limited, Inspiresport, MATCH Hospitality, QuintEvents, Sports Travel & Hospitality Group, THG Sports, Unique Sports Travel Limited, and Victory Sports Tours.
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The report provides the market value for the base year 2020 and a yearly forecast till 2027 in terms of revenue (USD Million). The report segments the global sports tourism market on the basis of type, sports type, destination, end-user, and region.
Global Sports Tourism Market Coverage
Type Insight and Forecast 2015-2027
Sports Type Insight and Forecast 2015-2027
Destination Insight and Forecast 2015-2027
End-User Insight and Forecast 2015-2027
Sports tourism market by Region
Rest of the World (RoW)