Asurge in demand among young travelers and the growth of the tourism sector are among the key factors propelling the global adventure tourism market. With a market value of $295.4 billion in 2022, the market is expected to grow at a compound annual growth rate of more than 6% between 2023 and 2032, according to a study from The Brainy Insights.
The most sought-after destinations are the Mediterranean Sea, Western Europe, South America, the Scandinavian countries, and Central America, according to a 2023 survey conducted by the Adventure Travel Trade Association. Heightened competition among airlines offering cost-effective air travel services, streamlined immigration protocols, and evolving travel trends in the aftermath of the pandemic have all fostered market growth and expansion.
The latest technologies, such as virtual reality and simulation, have also piqued travelers’ interest in excursions. And given the inherent risks associated with adventure travel experiences, technology also plays a crucial role in safety, with emergency communication systems, weather forecasting tools, and GPS monitoring among the evolving techniques mitigating risks.
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Bu hikaye Forbes Middle East - English dergisinin April 2024 sayısından alınmıştır.
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Bu hikaye Forbes Middle East - English dergisinin April 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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