Ecotourism Global Market Report 2023 – By Type (Alternative Tourism, Responsible Tourism, Sustainable Tourism, Community Tourism), By Traveler Type (Solo Traveler, Group Traveler), By Age Group (Generation X, Generation Y, Generation Z), By Sales Channel (Travel Agent, Direct) – Market Size, Trends, And Global Forecast 2023-2032

The environment combines physical, chemical, and biotic factors that create an ecological system and determine its form. Conservation refers to an act of protection of natural resources for the sustainability of current and future generations. Wildlife refers to all the species of undomesticated animals that live in a natural environment and are a part of wild flora and fauna. The main types of environment, conservation, and wildlife are land resources conservation, natural resource conservation, wildlife preservation and protection, energy conservation and development, environmental beautification, forest resources, wildlife sanctuaries, botanical gardens, native plant societies, and others. Land resources conservation organizations are involved in the protection of natural land resources by eliminating the human impact on natural land environments. The different modes of donation include online and offline. The organization’s location can be domestic or international. The global environment, conservation and wildlife organizations market is segmented – 1) By Type: Land Resources Conservation, Natural Resource Conservation, Wildlife Preservation and Protection, Energy Conservation and Development, Environmental Beautification, Forest Resources, Wildlife Sanctuaries, Botanical Gardens, Native Plant Societies, Other Types 2) By Mode of donation: Online, Offline 3) By Organization Location: Domestic, International The global environment, conservation and wildlife organizations market size will grow from $23.78 billion in 2022 to $25.44 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global environment, conservation and wildlife organizations is expected to grow to $32.2 billion in 2027 at a CAGR of 6.1%. The growing concern about the extinction of species is expected to propel the growth of the environment, conservation, and wildlife organizations market going forward. Wildlife conservation organizations collaborate with local governments, businesses, and individuals to preserve and save biodiversity. These organizations are funded by foundations, individuals, and corporates in several ways. According to the International Union for Conservation of Nature (IUCN) red list, 41,000 species are threatened with extinction. For instance, World Health Organization (WHO) stated that 250,000 additional deaths are expected due to climatic changes between 2031 and 2050. Several organizations and individuals are donating to save and preserve the natural habitat. In February 2020, Jeff Bezos from Amazon announced plans to donate $10 billion to support a global initiative that will fund scientists, activists, and NGOs to protect the planet. Similarly, in September 2021, nine organizations pledged $5 billion to create, expand, manage, and monitor protected and conserved areas of land, inland water, and sea, working with indigenous communities, civil society, and governments, over the next ten years. Therefore, the growing concern about the extinction of species is driving the growth of the environment, conservation and wildlife organizations market. Major players in the environment, conservation and wildlife organizations market are Nature Conservancy, World Wildlife Fund, Natural Resources Defense Council, Sierra Club, Wildlife Conservation Society, Oceana, Conservation International, National Audubon Society, Jane Goodall Institute, Royal Society for the Protection of Birds, Jane Goodall Foundation, Defenders of Wildlife, Gorilla Doctors, Earth System Governance Project (ESGP), Global Environment Facility (GEF), Global Green Growth Institute, KIMO (Local Authorities International Environmental Organization), Intergovernmental Panel on Climate Change (IPCC), International Union for Conservation of Nature (IUCN), United Nations Environment Program (UNEP), World Nature Organization (WNO), World Food Program, International Whaling Organization, Bio-carbon Fund initiative, Arctic Council, American Bird Conservancy (ABC), Fin Free, International Fund For Animal Welfare (IFAW) and National Wildlife Federation (NWF). The growing technological advancement in the conservation of wildlife is shaping the environment, conservation, and wildlife organizations market. Major organizations are focusing on creating innovative technology solutions for the environmental, conservation, and wildlife organizations market. For instance, in September 2022, E-Gravity, an Indian-based engineering company launched a GPS-based radio collar for tracking wild elephants. The collar itself contains a GPS tracker and battery, which can be attached either to the top or bottom of the animal's neck. To ensure premium quality and reliability, this collar uses Acurite Remote Monitoring Solutions. For hands-free operation, it also works with Amazon Alexa and Google Assistant. Asia-Pacific was the largest region in the environment, conservation and wildlife organizations market in 2022. North America was the second largest region in the global environment, conservation and wildlife organizations market share. The regions covered in the global environment, conservation and wildlife organizations market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the environment, conservation and wildlife organizations market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The environment, conservation and wildlife organizations market consist of revenues earned by entities that are engaged in promoting the preservation and protection of environment and wildlife. The environment, conservation and wildlife organizations market include establishments such as animal rights organizations, natural resource preservation organizations, conservation advocacy organizations, wildlife preservation organizations, humane societies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The environment, conservation and wildlife organizations market research report is one of a series of new reports from The Business Research Company that provides environment, conservation and wildlife organizations market statistics, including environment, conservation and wildlife organizations industry global market size, regional shares, competitors with an environment, conservation and wildlife organizations market share, detailed environment, conservation and wildlife organizations market segments, market trends and opportunities, and any further data you may need to thrive in the environment, conservation and wildlife organizations industry. This environment, conservation and wildlife organizations market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Environmental management is concerned with describing and monitoring environmental changes, predicting future changes, and attempting to maximize human benefit while minimizing environmental degradation caused by human activities. Compliance due diligence is conducting a thorough investigation, audit, or analysis of a company's compliance with governmental and non-governmental regulatory bodies. The main types of services in environmental management, compliance, and due diligence services are environment management services, environment compliance services, and environmental due diligence services. An Environmental Management System (EMS) is a collection of systems and practices that allow a company to minimize its environmental footprint while also increasing its operational efficiency. This site serves small enterprises and private sector, as well as local, state, and federal organizations, with information and resources relevant to an EMS. The different applications include government, utilities, others and is used by various verticals such as mining, manufacturing and process industries, energy and utilities, government and regulators, infrastructure and development, others. The global environment management, compliance and due diligence market is segmented – 1) By Service Type: Environment Management Services, Environment Compliance Services, Environment Due Diligence Services 2) By End-Users: Mining, Manufacturing And Process Industries, Energy And Utilities, Government And Regulators, Infrastructure And Development, Other End-Users 3) By Applications: Government, Utilities, Other Applications The global environment management, compliance and due diligence market size will grow from $9.45 billion in 2022 to $10.32 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global environment management, compliance is expected to grow to $14.01 billion in 2027 at a CAGR of 7.9%. Increasing environmental safety concerns across the globe contributed to the growth of the environmental management, compliance, and due diligence services market. Profound public interest in the threats facing the environment, as well as accelerating claims placed on the environment by the increased population, are projected to spur demand for environmental scientists and specialists. According to the U.S. Bureau Of Labor Statistics, the employment of environmental scientists and specialists is projected to grow 8% from 2019 to 2029, much faster than the average for all occupations. Environmental auditing has spread rapidly with an equivalent development of the approaches and techniques adopted. Therefore, working in an error-proof environment where the systems, tasks, and processes they work in are well designed would propel the revenues generated for the environment management, compliance and due diligence market. Major players in the environment management, compliance and due diligence market are AECOM, Tetra Tech, Strategix Application Solutions, Metrix Software Solutions, Lighthouse, Qooling, Intelex, SiteDocs, IndustrySafe, SafetySync, SafetyTek, iAuditor, Form, CH2M Hill, Tetra Tech, Arcadis and MyEasyISO. The high cost associated with environmental consulting services is expected to limit the growth of the environmental management, compliance, and due diligence services market. The services offered by an experienced consultant in the industry are priced high with a focus on the value of the service. For instance, the due diligence costs can range from $15,000 to $50,000 per site. Moreover, exponent’s engineers, scientists, and environmental economists charge a high price for environmental response actions, estimate current and future liabilities, and apportion prices among potentially responsible parties. This discourages small and medium enterprises to use the services as it increases their operational costs. The launch of carbon footprint management has created immense demand in the environmental management, compliance, and due diligence services market. Companies are increasingly following carbon footprint management at the vertical level due to the need to comply with carbon emissions regulations. For instance, in June 2020, SAP launched a carbon emissions accounting system to address climate change. SAP launched the first solution in its Climate 21 program to help enterprises to perform their business operations efficiently where sustainability is an economic and strategic imperative. A carbon footprint is used as a transcript for the quantity of carbon (usually in tonnes) being discharged by an organization. It is also a significant constituent of the ecological footprint since it is one competing demand for biologically productive space. In November 2021, Montrose Environmental Group, a US-based company providing environmental and analytical services acquired Horizon Water and Environment LLC for an undisclosed amount. Through this acquisition, Montrose Environmental Group plans to enhance its knowledge of water resources and growing ecosystem offerings in California. Horizon Water and Environment LLC is a US-based environmental consulting firm that provides environmental consulting services to state and local government entities and are experts in CEQA/NEPA, environmental laws, regulatory requirements, and permitting processes. North America was the largest region in the environment management, compliance and due diligence market in 2022. Western Europe was the second largest region in the global environment management, compliance and due diligence services market share. The regions covered in the global environment management, compliance and due diligence market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the environment management, compliance and due diligence market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The environment management, compliance and due diligence market consists of revenue earned by entities by providing advisory services to businesses and other organizations for obtaining licenses, compliance with government regulations and due diligence. These companies undertake environmental audits and quality assurance checks, conduct inspections, and ensure companies comply with environmental laws, regulations and international standards. Environmental due diligence involves steps to prevent an environmental offence from occurring. It can significantly reduce the risk of environmental accidents as well as regulatory and civil liability. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The environment management, compliance and due diligence market research report is one of a series of new reports from The Business Research Company that provides environment management, compliance and due diligence market statistics, including environment management, compliance, and due diligence industry global market size, regional shares, competitors with a environment management, compliance and due diligence market share, detailed environment management, compliance and due diligence market segments, market trends and opportunities, and any further data you may need to thrive in the environment management, compliance, and due diligence industry. This environment management, compliance and due diligence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Enotourism refers to tourism, whose purpose is or includes the tasting, consumption, or purchase of wine, often at or near the source, and involves going on guided tours to wineries and exploring what goes into the making of this delicious drink. Wine tourism also acts as a lever for the local economy, with the boost in tourism offers, small towns in the interior gain new business and job creation opportunities. The main types of enotourism include private guided tours and self-guided tours. Private guided tours involve direct access to an experienced guide for individuals, families, or friend groups. The different enotourism traveler types are solo and group with age groups including generation X, generation Y, and generation Z. The global enotourism market is segmented - 1) By Tour Type: Private guided Tours, Self-guided Tours 2) By Traveler Type: Solo, Group 3) By Age Group: Generation X, Generation Y, Generation Z The global enotourism market size will grow from $7.88 billion in 2022 to $8.2 billion in 2023 at a compound annual growth rate (CAGR) of 4.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global enotourism is expected to grow to $14.16 billion in 2027 at a CAGR of 14.6%. An increase in government initiatives to encourage tourism is expected to propel the growth of the enotourism market. Governments are focusing on cultural tourism, including wine tourism to promote the integrated high-quality development of wine tourism and accelerate the development of wine tourism destinations. For instance, in September 2021 the launch ceremony of the China (Ningxia) International Wine Culture and Tourism Festival, with the theme of "Meet Ningxia Chuan – Taste Helen Mountain", took place in He Dong Wine Town, Shizuishan City, and Ningxia. The conference aims to provide the foremost important stage, the only booth, and thus the simplest platform for the exchange and cooperation of the wine culture and tourism sector reception and abroad. Therefore, an increase in government initiatives to encourage tourism is driving the growth of the enotourism market. Major players in the enotourism market are A Great Oregon Wine Tour, Bulgaria Wine Tours, California Wine Tours, Discover Texas Wine Tours, Iowa Wine Tours, Inc., 290 Wine Shuttle, Arblaster and Clarke Wine Tours, Burdick Vineyard Tours, Cloud Climbers Jeep and Wine Tours, Grape Escapes Wine Tours, and Wine Tours. The exploration of new locations by providing accurate vineyard information in enotourism is a key trend gaining popularity in the enotourism market. For instance, according to MDPI, Wine Tourism—A Sustainable Management Tool for Rural Development and Vineyards article, in 2022, due to the COVID-19 pandemic, tourists are oriented to rural regions instead of urban ones for tourism. In May 2021, Sula Vineyards, headquartered in India, acquired York Winery. These acquisitions were made with the intention of converting York into a subsidiary of Sula, which will enable York to increase distribution while allowing Sula to increase its wine tourist services in Nashik, India. York Winery is an India-based wine-maker company that also offers guided tours for wine testers and tourists. North America was the largest region in the enotourism market in 2022. Europe is expected to have the highest CAGR in enotourism market. The regions covered in the enotourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the enotourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The enotourism market consists of revenues earned by entities that are engaged in providing open-door wine tourism, edutainment, Disneyland wine tourism, and eventification. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The enotourism research report is one of a series of new reports from The Business Research Company that provides enotourism market statistics, including enotourism industry global market size, regional shares, competitors with an enotourism market share, detailed enotourism market segments, market trends and opportunities, and any further data you may need to thrive in the enotourism industry. This enotourism market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Medical tourism is the process of travelling to another country solely for the reasons of medical treatment. It is useful for people living in countries where appropriate medical facilities are not available. The main types of medical tourism are domestic and international. Domestic health or medical tourism is when a person travels from his or her regular place of residence to another inside the state in order to receive better medical treatment or because the therapy available in his or her usual place of residence is too expensive. The different treatment types include cosmetic treatment, dental treatment, cardiovascular treatment, orthopedics treatment, bariatric treatment, fertility treatment, opthalmic treatment, others and involves various service providers such as public, private. The several healthcare services include medical treatment, wellness, alternative treatment. The global medical tourism market is segmented - 1) By Treatment Type: Cosmetic Treatment, Dental Treatment, Cardiovascular Treatment, Orthopedics Treatment, Bariatric Treatment, Fertility Treatment, Opthalmic Treatment, Other Treatments 2) By Type: Domestic, International 3) By Healthcare Service: Medical Treatment, Wellness, Alternative Treatment 4) By Service Providers: Public, Private The global medical tourism market size will grow from $35.77 billion in 2022 to $39.95 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global medical tourism is expected to grow to $59.67 billion in 2027 at a CAGR of 10.5%. High healthcare cost in developed countries is driving growth in the medical tourism market as developing countries are able to provide cheaper treatment. Patients usually travel to developing countries with quality healthcare infrastructure and low healthcare costs. According to a study conducted by the Centres for Disease Control and Prevention, approximately 0.75 -1.6 million people from the USA travel out of the country for medical care to avoid high treatment cost. For instance, a hip replacement surgery in the USA costs approximately $39,299 while the same surgery in India, Costa Rica or other developing countries would cost between $7000 and $15,000 including logistics. Major players in the medical tourism market report are Apollo Hospital Enterprise Limited, Prince Court Medical Centre, Bumrungrad International Hospital, KPJ Healthcare Berhad, Fortis Health Ltd., Raffles Medical Group, Bangkok Hospital Medical Centre, Samitivej PCL., Min-Sheng General Hospital and Asian Heart Institute. The coronavirus disease (COVID-19) outbreak is to act as a major restraint for the growth of the medical tourism industry during 2020 and 2021. According to the World Health Organization’s report, 213 countries are affected by the COVID-19 outbreak including countries with a high number of medical tourists such as the USA, China, Japan, and South Korea. The government of various countries has banned travellers from affected countries, barred flights to certain countries, and changed the visa requirements. The American Centres for Disease Control and Prevention (CDC) predicted that the situation could last into 2021 and is likely to impact the medical tourism industry significantly. Therefore, the coronavirus outbreak and travel bans are expected to restrict the growth of the industry in the near future. Patients traveling across countries for medical treatment are increasingly using electronic health records to store information related to health in digital format. An electronic health record is the systematic collection of patient health and medical examination reports stored electronically. These health records can be accessed instantly and securely by authorized users. Electronic health records eliminate the need to carry heavy medical records for patients travelling long distances for treatment. Some of the major electronic health records software include eClinicalWorks, Allscripts, Cerner. In September 2020, IHH Healthcare, a Malaysian–Singaporean private healthcare group focused on upmarket health services acquired Prince Court Medical Centre for $0.25 billion. Through this acquisition, Prince Court Medical Centre will complement IHH's cluster strategy of having specialized tertiary hospitals in Kuala Lumpur. Prince Court Medical Centre is a private healthcare facility located in the heart of Kuala Lumpur, Malaysia. North America was the largest region in the medical tourism market in 2022. Western Europe was the second largest region in the global medical tourism market share. The regions covered in the medical tourism market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the medical tourism market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The medical tourism market includes revenues earned by entites by providing inbound medical tourism services, and outbound medical tourism services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced.It does not include revenues from resales either further along the supply chain or as part of other products. The medical tourism market research report is one of a series of new reports from The Business Research Company that provides medical tourism market statistics, including medical tourism industry global market size, regional shares, competitors with a medical tourism market share, detailed medical tourism market segments, market trends and opportunities, and any further data you may need to thrive in the medical tourism industry. This medical tourism market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Online travel agents or agencies are individuals or companies with websites that allow consumers to book various travel-related services via the internet. Online travel agents invest in marketing and advertising to attract potential international customers. The main types of services in online travel agents are vacation packages, transportation, and accommodation. A package tour, package vacation, or package holiday is a combination of transportation and lodging advertised and offered by a tour operator. The different platforms include mobile/tablets based, desktop based and are available in various categories such as hotel bookings, tickets, and others. The global online travel agent market is segmented - 1) By Service Type: Vacation Packages, Transportation, Accommodation 2) By Platform: Mobile/Tablets Based, Desktop Based 3) By Category: Hotel Bookings, Tickets, Other Categories The global online travel agent market size will grow from $761.9 billion in 2022 to $865.5 billion in 2023 at a compound annual growth rate (CAGR) of 13.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global online travel agent is expected to grow to $1,060.01 billion in 2027 at a CAGR of 5.2%. The surge in smartphone users along with growing internet penetration is anticipated to boost the online tourism industry and the business for travel agents during the period. Increasing penetration of the internet and growth in the number of smartphone users is contributing to the consumer shift towards online channels for travel ticket and hotel bookings. For instance, according to a special report on Digital 2020 published by We Are Social in January 2020, the number of internet users in 2020 augmented to 4.54 billion across the globe, recording a growth of 7% or 298 million new users compared to January 2019. Furthermore, according to Zippia, as of 2022, there are 6.65 billion smartphone users globally, and this number is expected to grow to 7.34 billion by 2025. Consequently, the rise in the number of smartphone users coupled with increasing internet penetration is forecast to propel the revenues for the growth of online travel agent market in the years to come ahead. Major players in the online travel agent market are Booking.com, Expedia Inc., Ctrip, TripAdvisor, Trivago, eDreams Odigeo, Despegar, MakeMyTrip, Lastminute, and On the Beach, Alibaba Group Holding Limited, Hostelworld Group, Hotel Urbano Travel and Tourism SA, Fareportal Inc., Trivago GmbH, ThomasCook Group, Priceline Group Inc., HRS, Agoda, Airbnb Inc., and Hotel.de. Rising possibilities of uncertain events such as the COVID-19 outbreak or natural calamities is projected to limit the growth of the tourism industry and online travel agent. According to the UNWTO estimates, global international tourist arrivals in 2020 are predicted to fall by 20% to 30% compared to the previous year, which translates into a loss of $30-50 billion in travel spending by international visitors. Thus, the online travel agent market is to record a decline in 2020 owing to the impact of COVID-19 across the globe. Moreover, according to Travel Daily Media news, Typhoon Mangkhut jolts Hong Kong and China leaving the tourism, aviation, and transportation industry at standstill. Therefore, the possibility of natural events is probably restraining the growth of the tourism industry including the online travel agent market during the forecast period. Growing initiatives by the government of various countries to promote tourism and built strong tourism infrastructure to boost the revenues generated from the tourism industry is a major trend propelling the growth of the online travel agent market during the period. For instance, according to The Budget 2022, the Government of India allocated an additional amount of INR 2400 crores ($307.12 million) to the Ministry of Tourism. This budget is 18.42% higher than 2021-22, and it will be used by the Ministry of Tourism for developing tourism infrastructure, marketing and promotion, and capacity building. Therefore, the government initiatives and steps to promote tourism and develop tourism infrastructure are to act as a key trend in the online travel agent market over the period. In January 2020, Despegar, a Latin America-based online travel company acquired Best Day Travel Group for USD 136 million. This acquisition allows Despegar to increase revenues by 25%, further strengthening its market position as the leading travel agency both in Mexico and Latin America. Best Day Travel Group is a Mexico-based online travel agency. Asia-Pacific was the largest region in the online travel agent market in 2022. Western Europe was the second largest region in the global online travel agent market Share. The regions covered in the global online travel agent market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the online travel agent market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The online travel agent market consists of revenues earned by entities that are engaged in selling travel services through online channels. Travel agents are engaged in the sales of travel services such as flights, buses, vacation packages, hotels, and rental cars via online networks. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The online travel agent market research report is one of a series of new reports from The Business Research Company that provides online travel agent market statistics, including online travel agent industry global market size, regional shares, competitors with an online travel agent market share, detailed online travel agent market segments, market trends and opportunities, and any further data you may need to thrive in the online travel agent industry. This online travel agent market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Travel arrangement services refer to the service of recommending, booking, and arrangement of travel and accommodation on behalf of clients. Reservation services refer to the service of reserving travel and accommodation on behalf of clients. The main types of travel arrangements and reservation services are travel agencies, tour operators, convention and visitors bureaus, and other travel arrangements and reservation services. A travel agency is a company that sells and arranges transportation, lodging, tours, and itineraries for tourists. The different modes of travel include domestic travel, and foreign travel and have various booking modes such as online, and offline. The global travel arrangement and reservation services market is segmented - 1) By Type: Travel Agencies, Tour Operators, Convention And Visitors Bureaus, Other Travel Arrangement And Reservation Services 2) By Mode of Travel: Domestic Travel, Foreign Travel 3) By Mode of Booking: Online, Online The global travel arrangement and reservation services market size will grow from $327.93 billion in 2022 to $408.73 billion in 2023 at a compound annual growth rate (CAGR) of 24.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of travel arrangement and reservation services market is expected to grow to $613.45 billion in 2027 at a CAGR of 10.7%. Growing initiatives by the government of various countries to promote tourism and build strong tourism infrastructure in order to increase the revenues generated from the tourism industry, is expected to drive the travel arrangement and reservation services market. For example, for the year 2022, the Indian government allocated €268 million ($316.3 million) in its union budget for the development of tourism. In addition, in 2022, a new drive was launched to increase the number of UAE nationals in the hospitality and tourism sector. Medyaf, an industry nationalization initiative at Dubai College of Tourism (DCT), part of Dubai’s Department of Economy and Tourism, launched the ‘Explore the Tourism Industry in Dubai' initiative, for promoting tourism in the country. Hence, the increasing government focus towards strengthening the tourism sector is expected to contribute positively to the market. Major companies in the travel arrangement and reservation services market report are BCD Travel, Travel Leaders Group, TUI Group, Booking Holdings, Expedia, CWT, Flight Centre Travel Group, TUI Airways, Tripadvisor Inc., and Shanghai Jin Jiang International Hotels (Group) Company Limited. Travel agencies and tour operators are increasingly using chatbots to offer personalized travel bookings to customers. A chatbot is an artificial intelligence program that can simulate a conversation with customers through messages or telephone calls and perform tasks such as ticket bookings and hotel reservations. Chatbots are an alternative to mobile applications and websites that provide personalized recommendations and bookings based on travel preferences and dates of travel. For instance, Booking.com allows travelers to book flights and hotels through chatbots on Skype, Facebook Messenger, and Slack. Other such chatbots include Dorothy, DoNotPay, Expedia, and Air New Zealand’s Oscar. Western Europe was the largest region in the travel arrangement and reservation services market in 2022. Asia-Pacific was the second-largest region in the travel arrangement and reservation services market share. The regions covered in the travel arrangement and reservation services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the travel arrangement and reservation services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The travel arrangement and reservation services market consists of revenues earned by entities that provide services such as travel agency services, arrange and assemble tours or provide other travel arrangement and reservation services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The travel arrangement and reservation services market research report is one of a series of new reports from The Business Research Company that provides travel arrangement and reservation services market statistics, including travel arrangement and reservation services industry global market size, regional shares, competitors with a travel arrangement and reservation services market share, detailed travel arrangement and reservation services market segments, market trends and opportunities, and any further data you may need to thrive in the travel arrangement and reservation services industry. This travel arrangement and reservation services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A hotel or other travel accommodation refers to a location where legitimate travelers may get food or shelter as long as they have the means to pay for it and are in good enough health to be accepted. Accommodation is a group of rooms or a building in which someone may live or stay and is essential for any tourists who want to travel to another destination or on a trip because you will always need a place to stay such as hotels, caravan parks, camp sites, and so on. Hotels and motels are the most common types of hotel and other travel accommodation, followed by casino hotels, bed and breakfast lodging, and all other types of traveler lodging. A bed & breakfast accommodation is a form of lodging that includes an overnight stay as well as the first meal of the day in the fee. The different modes of booking involve online bookings, direct bookings, and others, and they include various ownerships such as chained, standalone. The price point of the services includes economy, mid-range, and luxury and they are used for tourist accommodation (leisure), official business (professional). The global hotel and other travel accommodation market is segmented - 1) By Type: Hotel And Motel, Casino Hotels, Bed And Breakfast Accommodation, All Other Traveler Accommodation 2) By Mode of Booking: Online Bookings, Direct Bookings, Other Mode Of Booking 3) By Application: Tourist Accommodation (Leisure), Official Business (Professional) 4) By Price Point: Economy, Mid-Range, Luxury 5) By Ownership: Chained, Standalone The global hotel and other travel accommodation market grew from $747.32 billion in 2022 to $846.64 billion in 2023 at a compound annual growth rate (CAGR) of 13.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hotel and other travel accommodation market is expected to grow to $1049.6 billion in 2027 at a CAGR of 5.5%. The increasing use of social media and access to mass media is positively impacting the tourism and hotel industries. With tourists sharing their travel information, photographs, and videos on social media platforms, people are increasingly becoming aware of the tourist destinations and recreational experiences offered by different countries around the world. For instance, in October 2022, according to a report published by Kepios Pte. Ltd., a Singapore-based online reference-based library, over the last year, social media users increased by 227 million, reaching 4.70 billion by the beginning of July 2022. Over the last year, the global social media user base has grown by more than 5%, with the most recent global total now equaling 59 percent of the world's total population. Every day, the world spends more than 10 billion hours on social media platforms, which is nearly 1.2 million years of human existence. Therefore, the increasing use of social media and access to mass media is growing demand for hotel and other travel accommodation market. Major companies in the hotel and other travel accommodation market include Marriott International, MGM Resorts International, Rewe Group, Ctrip.Com International Ltd., Intercontinental, Hilton Worldwide Holdings, Accor Hotels, TUI Group, Shanghai Jin Jiang International Hotels (Group) Company Limited. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the hotel and other travel accommodation market in 2020 as governments globally imposed restrictions on domestic and international travel, limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of "lock down." The outbreak has had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the hotel and other travel accommodation markets will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Hotels are using technologies that are transforming customer experiences. Some technologies are leading to great improvements and savings for the hotel and other travel accommodation markets. The most significant trends in the accommodation industry are the use of near-field-communication (NFC) technology, infrared technology, and robots. NFC gives users the ability to exchange data between devices, making mobile payments an instant and secure process. Infrared sensors are used in hotels to address customer complaints involving housekeeping interruptions. Hotels are also using robots to deliver amenities to guest rooms and for other functional purposes. Hotel operators are investing in systems and technologies that can automate processes, cut costs and personalize the experience for guests. Asia-Pacific was the largest region in the hotel and other travel accommodation in 2021. North America was the second largest region accounting in the global hotel and other travel accommodation market. The regions covered in the hotel and other travel accommodation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hotel and land other travel accommodation market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The hotel and other travel accommodation market includes revenues earned by entities by providing short-term lodging services such as hotels, motor hotels, resort hotels, and motels. The establishments in this industry may offer food and beverage services, recreational services, conference rooms, convention services, laundry services, parking, and other services. This market includes revenues from sales by restaurants to a delivery service but not the revenues of the delivery service itself. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The hotel and other travel accommodation market research report is one of a series of new reports from The Business Research Company that provides hotel and other travel accommodation market statistics, including hotel and other travel accommodation industry global market size, regional shares, competitors with a hotel and other travel accommodation market share, detailed hotel and other travel accommodation market segments, hotel and other travel accommodation market trends and opportunities, and any further data you may need to thrive in the hotel and other travel accommodation industry. This hotel and other travel accommodation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the hotel and other travel accommodation industry.

A travel trailer is a vehicle on wheels that is intended to provide temporary housing for recreational, camping, or travel usage and is large enough or light enough to be towed by a motor vehicle without needing a special highway movement permit. Camper is the smaller version of travel trailers. The main types in the travel trailer and camper market are travel trailers and campers. A camper refers to a person who spends a day in a camp. The travel trailer and campers work on gasoline fuel and diesel fuel. The travel trailer and camper are used on-road and off-road. The global travel trailer and camper market is segmented - 1) By Type: Travel Trailer, Camper 2) By Fuel: Gasoline, Diesel 3) By Application: On Raod, Off Raod The global travel trailer and camper market size grew from $48.68 billion in 2022 to $53.95 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The travel trailer market is expected to grow to $79.2 billion in 2027 at a CAGR of 10.1%. Advances in technology are expected to be a continued driver of travel trailer and camper market growth in the forecast period. The global travel trailer and camper industries have experienced many technological advances in the last decade, and this trend is expected to intensify. According to Forbes, the ten new features to expect in vehicles in 2020 include autonomous driving; driver override systems; biometric vehicle access; comprehensive vehicle tracking; active window displays; remote vehicle shutdown; active health monitoring; four-cylinder supercars; smart and personalized in-car marketing; and reconfigurable body panels. These innovations are expected to drive the travel trailer and camper market during the forecast period. Major companies in the travel trailer and camper market include Thor Industries, Inc; REV Group, Gulf Stream Coach, Inc; Apollo Tourism & Leisure Ltd., Eclipse, Recreational Vehicles Inc., and Fleetwood Corporation Limited. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the travel trailer and camper market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Transportation manufacturers depend heavily on the supply of parts and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of parts and components. Also, sales of new automobiles decreased significantly due to a decline in consumer demand as many countries imposed lockdowns. The outbreak harmed businesses throughout 2020 and into 2021. However, it is expected that the travel trailer and camper market will recover from the shock across the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Travel trailer and camper manufacturers are increasingly installing solar panels in travel trailers for the creation of a sustainable environment. A travel trailer traditionally depends on the use of noisy generators for its function. Solar panels do not make noise and are ultra-portable and lightweight. Solar panels can be easily mounted on trailers and convert sunlight into power, which can be used for the functioning of travel trailers. For instance, Renogy, Go Power, and Zamp Solar are examples of companies manufacturing solar panels and related systems for travel trailers and campers. Asia-Pacific was the largest region in the travel trailer and camper market in 2020. North America was the second-largest region travel trailer and camper market. The regions covered in the travel trailer and camper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the travel trailer and camper market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The travel trailer and camper market consists of sales of travel trailer, fifth wheel, toy hauler, pop up, truck camper, class A gas, and class A diesel. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The travel trailer and camper market research report is one of a series of new reports from The Business Research Company that provides travel trailer and camper market statistics, including travel trailer and camper industry, global travel trailer and camper market size, regional shares, competitors with a travel trailer and camper market share, detailed travel trailer and camper market segments, market trends and opportunities, and any further data you may need to thrive in the travel trailer and camper industry. This travel trailer and camper market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.