SPORTS TOURNISM
What Is Sports Tourism?
Sports tourism refers to an industry that combines a passion for sports with the desire to explore new destinations and experiences.
While sports tourism has not always been extremely popular, it is definitely on the rise. A recent report estimates the value of the global sports tourism market was $587.87 billion in 2022. The industry is expected to grow at a rate of 17.5% through 2030. The popularity of events like the Olympic Games, the NBA, and the FIFA World Cup have contributed to this growth. While these events have economic short-term benefits for an area, they can be a catalyst for longer-term tourism development opportunities.
What are the Different Types of Sport Tourism?
Event-based tourism: Sports event tourism involves traveling to another city or country to watch a sport event. Examples of sports tourism in this category include traveling to watch major sporting events like the Olympics or the Super Bowl.
Active sport tourism: This form of sports tourism revolves around actually participating in a sport while visiting a destination. Some travelers choose tourism destinations known for a specific sport or outdoor activity. Examples of active sports tourism include surfing in Hawaii or skiing in Colorado.
Sports heritage tourism: Sports heritage tourism involves visiting places with historical significance to sports. Examples might include visiting the Baseball Hall of Fame in New York, Camp Nou in Barcelona, or a sports museum.
Sports-themes cruises or tours: These organized trips combine travel with a sporting event or activity. Examples include cruises for people who love to play tennis or tours that take sports fans to different stadiums around the world.
What is the value of sports tourism?
Report Overview. The global sports tourism market was valued at USD 587.87 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 17.5% from 2023 to 2030.
Why do people travel for sports?
Getting into the Local Community. Attending sporting events is one of the fastest ways to get to view first hand what the local community is like. Every sport has a particular fan culture, and you while you get a taste of it on television, it's nothing like experiencing it firsthand.
What are the benefits of the sports industry?
Overall, the sports industry has a significant economic impact on local communities and destination cities. The industry creates jobs, generates revenue through events, and develops infrastructure, resulting in widespread benefits.
What is the impact of sports tourism?
In conclusion, sports tourism has a significant impact on the economic growth of cities across the globe. It creates job opportunities, increased tax revenue, boosts local businesses and attracts new businesses to the area.
