NEWS GLOBAL GLAMPING MARKET WILL EXPAND $1.9 BILLION BY 2025 The ‘pandemic’ boost for outdoor holidays will continue to grow, according to research and industry experts. A new report titled “Global Glamping Market 2021-2025” recently released by reportlinker.com claims that our sector is due to grow in value by $1901.20 million between 2021 and 2025, progressing at a CAGR (Compound Annual Growth Rate) of 14.03% during the forecast period. According to the report, this boost in the glamping sector is driven by “growth in adventure tourism and increasing participation in outdoor recreational activities.” Meanwhile, Travel Weekly (travelweekly.com) also conducted interviews with significant figures in the glamping sector regarding the forecasted boom. Toby O’Rourke, CEO of the Kampgrounds of America (koa.com) network of private campgrounds, said the company has seen an “explosion” in bookings that continues to defy their expectations. “We expected a slowdown as children returned to school and adults returned to offices in the fall but were surprised by continued growth,” O’Rourke told the publication, adding that post-Labor Day business was up 17% year over year and digital nomads are also providing a valuable new income stream meaning that WiFi is more important than ever.
Companies offering glamping experiences believed it would be hard to keep up the rapid growth, but the sector’s upward trend has continued, and more amenity-rich camping products are coming to market to meet demand. Outdoor travel companies say enhanced camping, or “glamping,” either with additional amenities or sites with unique lodging or characteristics, is especially popular. As the outdoor travel market continues to expand, companies are increasingly convinced the growth is durable. RVShare (rvshare.com) CEO, Jon Gray, says, “As we head into 2022, many are expecting another big year. During the pandemic, we saw people turn to domestic tourism and they found they had a better time than expected. We saw airfares come back, we saw hotels come back and we did not see any material slowdown in the outdoor travel business. In fact, we saw it accelerate.” HipCamp (hipcamp.com) founder and CEO Alyssa Ravasio reflected upon this growth, ”This is a continuation of a really big, long-term paradigm shift. I think you’re seeing consumers move away, hopefully, from wanting to consume so many items and move toward having meaningful, unique, memorable experiences. And the outdoor travel industry is positioned beautifully as that continues.
Source:
1. https://uk.finance.yahoo.com/news/global-glamping-market-expected-grow-162700159.html 2. https://www.travelweekly.com/Travel-News/Hotel-News/Camping-glamping-sector-builds-beyond-pandemic-popularity
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