Between 2023 and 2033, the United States Sports Tourism Market is anticipated to increase at a rapid CAGR of 13.9%. The predicted value of the United States sports tourism market in 2023 is US$ 50.42 billion; by 2033, it is anticipated to reach US$ 185.317 billion.
The United States sports tourism market is anticipated to expand favorably in the upcoming years. The nation offers a wide range of sports tourism opportunities with a strong focus on sports and leisure activities. Major sporting events like the Super Bowl, NBA Finals, and World Series are popular and draw domestic and foreign tourists. The availability of top-notch sporting venues, attractions with a sports theme, and a thriving sports culture all support the expansion of the sports tourism industry in the United States.
The Powerhouses Behind The United States Sports Tourism Success
Several factors influence the United States sports tourism industry, which supports its expansion and recognition. Travelers from within and outside of the country who want to attend live sporting events are drawn by the nation’s vibrant sporting culture and passion for sports. The creation of cutting-edge sports infrastructure, such as stadiums, arenas, and training centers, improves the experience of sports tourism as a whole.
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As a result of supporters traveling to different locations to support their favorite teams, the success of major sports leagues like the NFL, NBA, MLB, and NHL also significantly contributes to the growth of sports tourism. The demand for sports tourism in the United States is further increased by the marketing initiatives and advertising campaigns carried out by sports organizations, tour operators, and local governments.
Impediments to the United States Sports Tourism Market Growth
Visitor numbers may be impacted by competition from other nations and locations that provide distinctive sporting experiences and affordable prices. Sporting tourism’s expansion may need to be improved by infrastructure issues, such as inadequate sporting facilities or transit options.
Travelers can be discouraged from going because of the unpredictable nature of the weather, especially while participating in outdoor sports. Sports tourism in the United States faces difficulties due to security considerations, such as terrorism threats and safety concerns. The high cost of travel, lodging, and tickets may make some potential visitors less able to visit, which could impact the sports tourism market growth in the United States.
The Rise of Online Booking Channels in United States Sports Tourism: A Shift in Consumer Behavior
Online platforms are the most widely used booking channel in the sports tourism industry in the United States. Increasing numbers of tourists are using online booking platforms to reserve their sports tourism experiences due to the widespread usage of the internet and the rising popularity of these systems. They frequently offer other services like making travel and lodging arrangements, making them the go-to company for many sports tourists visiting the USA.
Key Takeaways
- The online booking segment to acquire a substantial sports tourism market share in the United States of 42.6% in the booking channel category between 2023 and 2033.
- The active sports tourism sector to grab a significant sports tourism market share in the United States of 38.4% in the tourism type category between 2023 and 2033.
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Competitive Landscape
The United States sports tourism market is highly competitive. Numerous organizations and localities seek to draw sports enthusiasts and visitors because the country is home to various sporting events and places. This competition encourages innovation and spending on facilities and infrastructure to improve the sports tourism experience.
Novel Innovations
Award
In November 2021, Gloria Bohan, the founder of Omega World Travel, was honored with the lifetime achievement award. This prestigious recognition was bestowed upon her in appreciation of her remarkable contributions to the organization and her transformative impact on the travel industry as a whole.
Sponsorship
In June 2022, Sporta Group entered into a sponsorship agreement with East Dean and Friston Cricket Club, becoming one of their official player sponsors.
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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