Traveler demand for play is redefining how travel companies approach their global tourism strategy. As consumer preferences shift towards experiences over material goods, the increasing importance of entertainment, sports, and cultural (ESC) events signals a massive opportunity for destinations and travel companies.
The second half of this decade will see a groundswell of activity aiming to capitalize on the power of play. Because ESC tourism is evolving into a primary motivator for traveler spending, destinations prioritizing theme parks, recreation, sports, music, esports, and arts can differentiate themselves by aligning with evolving consumer interests.
A new global survey from Skift and Qiddiya City revealed that travelers are willing to increase their budgets to participate in ESC experiences, and they are being drawn more and more to play activities that suit their personal interests. Travel companies that ignore the leading edge of this opportunity may miss the boat and fall behind competitively on the global stage in the years and decades to come.
In this report:
Traveler demand for play is redefining how travel companies approach their global tourism strategy. As consumer preferences shift towards experiences over material goods, the increasing importance of entertainment, sports, and cultural (ESC) events signals a massive opportunity for destinations and travel companies.
The second half of this decade will see a groundswell of activity aiming to capitalize on the power of play. Because ESC tourism is evolving into a primary motivator for traveler spending, destinations prioritizing theme parks, recreation, sports, music, esports, and arts can differentiate themselves by aligning with evolving consumer interests.
A new global survey from Skift and Qiddiya City revealed that travelers are willing to increase their budgets to participate in ESC experiences, and they are being drawn more and more to play activities that suit their personal interests. Travel companies that ignore the leading edge of this opportunity may miss the boat and fall behind competitively on the global stage in the years and decades to come.
In this report: