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Adventure Travel Consumers Spent More Than $89 Billion Last Year

By , About.com GuideAugust 21, 2010

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A new study by researchers at George Washington University's International Institute of Tourism Studies, conducted in partnership with the Adventure Travel Trade Association and Xola Consulting, estimates that consumers spent more than $89 billion worldwide on adventure travel in 2009. The study notes that jungle tours, whitewater rafting, climbing and eco-trips are all parts of adventure tourism, which is a rapidly growing segment of the tourism market and a viable economic opportunity for countries seeking to develop tourism.

"Instead of being seen as a small, niche market, the study shows that adventure tourism is a sizable market with the potential for significant economic growth opportunities," said Dr. Kristin Lamoureux, director of George Washington's International Institute of Tourism Studies. "Additionally, adventure tourism often relies heavily on the natural and cultural resources a destination already has to offer. For many developing destinations without the resources to build infrastructure, adventure tourism is a realistic alternative and provides a strong argument for preserving a destination's resources."

Although airfare and gear/clothing purchases were excluded in the $89 billion, the study estimates that approximately a quarter of those traveling from the three regions studied - North America, Latin America and Europe  -  took holidays involving adventure activities and spent $53 billion just on gear purchases.

The study found that adventure travelers tend to be affluent and educated. They are also typically environmentally and culturally aware consumers who lean towards adventure travel due to its focus on responsible and sustainable development. Click on this link for the full report.

Comments
August 26, 2010 at 12:41 am
(1) Gary A. Kluge, SR. :

A great article, and easily understood. Those of us in this industry pay close attention to the trends and the economies in different countries, and how the currency values of the different countries can affect the industry.

If the Euro drops and the US dollar rises we’ll see a rise in Travelers heading to the Alps, Dolomites, and other mountains in Europe. The reverse is so when the US Dollar drops to the Euro. Further, effects are measured as well, such as the worries surrounding the Volcano (Eyjafallajokull) in IceLand, unrest in Greece, and worries of EU problems with Eurozone countries.

For the most part, these apparent problems also offer great opportinuities for Adventure Travel, and with proper knowledgeable guides and reputable Adventure Travel companies which know how to capitalize on these situations.

This type of Adventure Travel can be far more exciting and less expensive as well. Airfare, Room rates, and small group packages become readily available.

Bottom line; Adventure Travel “Trumps” the standard bus groups, because of their uncertainty.

Mr. Gary A. Kluge, SR. President of Alltrek Adventures Inc. http://www.alltrekadventures.com

August 26, 2010 at 2:42 pm
(2) Laura :

$89 Billion!!! Wow!!! It does make sense, though. People are adrenaline seekers and adventure travel is the way to go!

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