August 26, 2021
According to the research report titled ‘Global Special Interest Tourism Market Size study, By Purpose {Educational, Activity, Day Tours, Discovery, Other}, By Activity {Environmental, Adventures, Sports}, By Booking Channel {Phone Booking, Online Booking, In-person Booking}, Regional Forecasts 2021-2027’, available with Market Study Report, global special interest tourism market is projected to witness significant growth over 2021-2027.
As per the findings of the report, inclination towards environmental tourism along with surging demand for recreational and adventurous activities during the tour are the key factors propelling global special interest tourism market growth.
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Notably, special interest tourism is among the fastest-growing segments in the tourism industry. An increasing number of travelers are looking for experiences that cover a wide range of interests. Tourism is a major motivation for people to pursue and appreciate a certain hobby. This can include unusual hobbies, activities, themes, or destinations that cater to a specific demographic.
The marketplace is expected benefit from government initiatives to promote regional culture on a large scale. Moreover, wildlife watching has become a major tourist attraction, particularly in protected regions.
Considering factors restraining worldwide special interest tourism industry expansion, high cost associated with tourism is likely to act as major challenge for businesses in this vertical. Besides, the outbreak of COVID-19 pandemic imposed long-term limitations on this industry, as most economies are still closed to tourists and international aircraft are banned in several places.
Elaborating on regional front, Latin America, Asia Pacific, Europe, North America are the leading contributors to the overall market remuneration. The report states that special interest tourism is gaining popularity in France and the United Kingdom, propelling Europe to the forefront of the industry development.
Meanwhile, the United States is one of the most popular travel destinations worldwide, with millions of visitors each year. The country is expected to witness about 95.5 million visitors yearly by the end of 2023, cites the study. Further, cities such as Los Angeles, Las Vegas, and New York have observed a significant influx of tourists all year round.
Prominent firms operating in global special interest tourism market sphere are Lakeland Tours LLC, National Geographic Partners LLC, Flight Centre Travel Group, Carlson Holdings Inc., EF Educational Tours, Wild Frontiers, Trafalgar Tours, Audley Travel, Martin Randall Travel Ltd., and Cox & Kings Ltd.