Sustainable Tourism Market
The latest research document published by HTF MI on “Global Sustainable Tourism Market Size, Share, Revenue and Forecast 2024-2030” is over 123 pages long. The study is segmented by major regions where marketization is accelerating. The Sustainable Tourism research is a perfect combination of qualitative and quantitative market data collected and verified mainly through primary and secondary sources.
The major players in this report are:
TUI Group (Germany), AccorHotels (France), Marriott International (US), InterContinental Hotels Group (UK), Hilton Worldwide Holdings (US), Club Med (France), Melia Hotels International (Spain), Radisson Hotel Group (Belgium), EcoHotels (Thailand), Banyan Tree Holdings Limited (Singapore), Wilderness Safaris (Botswana), G Adventures (Canada), Intrepid Group (Australia), Six Senses Hotels Resorts Spa (Thailand), and Soneva (Maldives).
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According to HTF Market Intelligence, the global sustainable tourism market is expected to grow at a CAGR of 14.8% during the forecast period 2024-2030. It is important to get the latest information segmented by application. [Ecological Tourism, Eco Tourism/ Green Tourism, Soft Tourism, Community Tourism]Product Type [Independent Traveler, Tour Group, Families, Couples] And a vital part of business.
meaning:
The term “sustainable tourism” describes how tourism is developed and operated to generate long-term benefits for economies, communities and the environment. This includes limiting the negative impacts tourism has on local communities, cultural heritage and natural resources while optimizing its positive impacts. Furthermore, sustainable tourism aims to promote responsible tourism practices that support local economies, protect the environment and respect cultural diversity. The strategy encourages travelers and tourism operators to do the same by adopting techniques that reduce carbon emissions, protect biodiversity and sustain herb environments.
Market Drivers:
• Climate change and environmental degradation
• Biodiversity conservation
• Preservation of cultural heritage
• • Community Empowerment
Market opportunity:
• • Increasing consumer demand
• Demand for authentic experiences
• • Local economic development
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Geographically, detailed analysis of consumption, revenue, market share and growth rate for the following regions:
• Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (USA, Mexico, Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Netherlands, Denmark, Belgium, Switzerland, Germany, Russia, UK, Italy, France, etc.)
• Asia Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, South Korea, Thailand, India, Indonesia and Australia).
Market Interpretation Tools: The report uses the technique of various explanatory tools to synthesize thoroughly researched and assessed information about the key players and their position in the market. Methodological tools such as SWOT analysis, Porter’s five forces analysis, and return on investment study have been used in analyzing the development of the key players operating in the market.
Key Growths of the Market: This section of the report encompasses the significant growths of the market such as assertions, collaborations, research and development, new product releases, joint ventures, and alliances of the key players operating in the market.
Market Essentials: Key highlights of this Sustainable Tourism Market report include production, production rate, revenue, price, cost, market share, capacity, utilization rate, import/export, demand/supply, gross margin, etc. Major market trends as well as market segments and sub-segments are also covered.
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Five Forces and PESTLE Analysis:
To understand the market situation better, a five forces analysis is carried out which includes buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes and threat of competition.
• Politics (policy and stability, trade, fiscal and taxation policies)
• Economic (interest rates, employment or unemployment rates, cost of raw materials, exchange rates).
• Social (family demographics, educational attainment, cultural trends, changing attitudes, lifestyle changes).
• Technology (changes in digital or mobile technologies, automation, research and development).
• Legal (employment law, consumer law, health and safety, international and trade regulations and restrictions)
• Environmental (climate, recycling procedures, carbon footprint, waste disposal, sustainability)
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Thanks for reading this article. Regional report versions such as North America, Latin America, Europe, Southeast Asia, etc. as well as chapter-wise sections are also available separately.
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This release was published on openPR.