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The UAE faith based tourism market size is projected to reach a valuation of US$ 290 Mn in 2022. Sales in the UAE faith based tourism market are projected to increase at 12.7% CAGR from 2022 to 2032.

The UAE has one of the most prosperous religious tourism industries in the Gulf. It is also considered to be the Arab world’s largest source of tourists. Emergence of Halal tourism, a subcategory of tourism meant for Muslim families who abide by the rules of Islam is anticipated to bode well for the UAE faith based tourism market in the next decade.

Various tour companies are gaining new opportunities owing to the advent of Halal tourism and are thus designing unique travel packages, following every guideline of Halal. They are also striving to attract more visitors by providing novel facilities in accordance with the religious beliefs of Muslim tourists.

Besides, the UAE government is investing huge sums in the development of new spiritual places for people of all religions. It is a significant factor that is boosting religious pilgrimage tourism in the UAE.

Also, government agencies in the country are taking various initiatives to promote and protect its legacy and culture. The Department of Culture and Tourist, Abu Dhabi, for instance, aims to regulate, promote, develop, and advertise Abu Dhabi’s tourism business.

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Key Takeaways: UAE Faith Based Tourism Market

• By booking channel, the online booking segment is leading the market and is estimated to generate ~36% of the UAE faith based tourism market share.
• By age group, the 46-55 years segment is anticipated to remain at the forefront in the UAE faith based tourism market through 2032.
• Based on tourist type, the international segment is estimated to hold the lion’s share over the forecast period.
• By tourism type, the religious and heritage tours segment is likely to generate ~9.0% of market share during the assessment period (2022-2032).
• In terms of tour type, the package travelers segment is projected to account for the highest share in the UAE faith based tourism market by 2032.

“Ongoing development of online booking platforms by travel agents and companies to help tourists gain in-depth knowledge about a particular attraction before traveling is expected to boost the UAE faith based tourism market,” says a FMI analyst.

Competitive Landscape: UAE Faith Based Tourism Market

Leading faith based tourism service providers based in the UAE are focusing on adopting various organic and inorganic strategies, including customized tour packages, airfare discounts, and online booking platforms to attract more travelers.

Some of the key players in the UAE faith based tourism market are Saifco Travel & Tourism L.L.C, Trav Trips Travel and Tourism LLC, Arooha Tours & Travel Dubai, Sky King Travel and Tourism L.L.C, ATS Travel, Regal Dubai Travel Agency, Rayna Tours and Travel, Rayna Tours, Seaman Tours, Orient Travel & Tourism Agency LLC, Jashna Tourism L.L.C, Pinoy Tourism and Travel, Dubai Private Tours, Rezbook Travel Agency, and Al Shahad Travel among others.

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UAE Faith Based Tourism Market Outlook by Category

By Tourism Type:

• Day Trips & Local Gateways
• Museums
• Pilgrimages
• Religious and Heritage Tours
• Others

By Booking Channel:

• Phone Booking
• Online Booking
• In Person Booking

By Tourist Type:

• Domestic
• International

By Age Group:

• 15-25 Years
• 26-35 Years
• 36-45 Years
• 46-55 Years
• 66-75 Years

By Consumer Orientation:

• Men
• Women
• Children

By Tour Type:

• Independent Travelers
• Tour Groups
• Package Travelers

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Integration of artificial intelligence (AI), chat-bot, digital payment and other advanced technology in airport transfer services is gaining immense popularity in the pre-book airport transfer market. Against this backdrop, key players are consistently focusing on introducing innovative technologies for better services. As per Future Market Insights (FMI), these developments are expected to enable growth in the global pre-book airport transfer market at a CAGR of ~23.6% between 2021 and 2031.

The Theme Park Tourism Market is estimated at US$ 49.1 Billion in 2022 and is projected to reach US$ 166.67 Billion by 2032, at a CAGR of 13% from 2022 to 2032.

The Theme Park tourism market is expected to grow at an outstanding rate during the forecast period. This is due to multiple factors that are set to positively affect the market. The rising demand for theme parks has been visible within the low and middle-income countries, where the consumer base is modernizing and looking to explore different outdoor activities.

Theme park tourism is an all-season business, with demand for the attractions being present round the year. This makes it attractive for investors as well, who also look at the diversified revenue stream this market possesses.

The emergence of new technology has helped the industry keep itself up to speed with the increasing consumer demand for variety. Merchandising and other high-profit margin revenue sources have kept the market in a good situation, where the operators can focus on investing and improving their services. All these factors continue making the theme park tourism market extremely lucrative.

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Key Takeaways from the Theme Park Tourism Market Study:

• Themes related to popular culture help in attracting more consumers to the theme park tourism market.
• The majority of demand is fuelled by domestic tourists.
• Ticket sales and merchandise remain the prominent revenue sources.
• Countries like China, Singapore, and India are rapidly growing, with the Asia Pacific region currently holding 18% of the total market share.
• The majority of the travelers are packaged and prefer booking their tours with the help of online booking channels.

Impact of COVID-19

COVID-19 pandemic was a major blow to the theme park tourism market, where operations were halted across the globe. The implementation of strict lockdowns around the world by the health authorities meant that travel and social interactions were cut-off for non-essential activities. The market was estimated to be impacted ~30% by the spread of the pandemic, resulting in panic among investors and key industry firms. The hesitancy of tourists to visit the parks due to safety issues was another blow to the theme park tourism market.

Post-pandemic the theme park operators took some drastic safety measures and improved their operating protocols. Addressing the safety concerns of the consumers was the priority of the businesses in the theme park tourism market. The current market situation has improved with the arrival of vaccines and the lifting of restrictions.

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Theme parks are now expected to operate at full capacity, with demand from consumers increasing. People who missed outdoor activities during the pandemic are expected to explore more in the coming years, leading to faster growth in the market.

Who is winning?

The companies are continually improving their offerings, and the owners of theme parks are working to replace older equipment with modern technology as soon as they can. The key to maintaining a competitive edge in the industry would be the requirement to make the services hassle-free and boost the brand presence.

The key players in the Theme Park tourism market are The Walt Disney Company, Ardent Leisure Group Limited, Cedar Fair Entertainment Company, Changlong Group Co., Ltd., Comcast Corporation, Fanta Wild Holdings, Inc., Ilyas & Mustafa Galadari Group, Merlin Entertainments Group, Seaworld Parks & Entertainment, Inc., Six Flags Entertainment Corporation, Blackpool Pleasure Beach, Yokohama Hakkeijima Sea Paradise, Lotte World, and Overseas Chinese Town Enterprises Co.

Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the global Theme Park tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the Theme Park tourism market based on Revenue Source (Tickets, Merchandise, Lodging, and Food and Beverage), By Booking Channel (Phone Booking, Online Booking, and In-Person Booking), By Tourist Type (Domestic and International), By Tour Type (Independent Traveler, Package Traveler, and Tour Group), By Consumer Orientation (Men and Women), By Age Group (15-25 Years, 26-35 Years, 36-45 Years, 46-55 Years, and 66- 75 Years) & Region.

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About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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The Ornithology, a branch of zoology refers to the study of birds. It is derived from the Greek words “ornis” (bird) and “logos” (explanation). The World Tourism Organisation (WTO) defines Ornithological (bird watching) Tourism as the activity that involves moving from the place of origin to another place (specific destination) to observe and study the avifauna in their natural environment.

Ornithology tourism is also called as birding tourism or avitourism. It refers to the leisure activity of bird watching to identify and study as many species of birds as possible. Ornithology tourism is becoming a huge trend and is a niche part in the ecotourism or nature tourism sector.

Bird watchers travel to different places where there is abundant bird life and they are eager to study as many species of birds as possible in the best and cost-effective manner. According to the United Nations environment agency, ornithology tourism can offer considerable economic opportunities for countries around the world through sustainable tourism.

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Ornithology Tourism: Factors Driving Growth

Initially considered as a pastime, today the term “bird watching” has gained considerable importance. There are many factors contributing to the growth of the ornithology tourism sector. The sector is primarily driven by the number of bird watchers and their growing interest in the profession.

Also, a drop in the prices of bird watching equipment such as telescopes and binoculars and growing number of documentaries regarding bird life is increasing the awareness and giving a further kick to the liking of birders and increasing the number of cost-efficient techniques for filming the birds at a closer angle when in flight as well as when stationary.

These factors add more fuel to the growth in this sector. Moreover, wildlife photography also has a hand in propelling the importance of bird watching, which has subsequently triggered the growth of ornithology tourism in many countries. Another aspect that drives the growth of this sector is the increasing consciousness of the benefits of indirect economy in many communities and countries, especially in the developing counties.

According to UNEP (United Nations Environment Programme), the rise in bird watching has impacted eco-tourism. The eco-tourism sector is growing at rapid pace owing to the subsequent growth in the bird watching or ornithology tourism sector.

This sector is also influenced by the increasing knowledge guides who guide young birders and add more fuel to their passion. Also, government programmes to attract bird watchers and nature lovers from different regions drives the ornithology tourism sector.

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Vietnam’s economy has recently transformed from an agrarian to a service economy and tourism has become one of the important elements of the modern Vietnamese economy. The annual arrivals of tourists have been rising since last few years. Considering this, Vietnam’s tourism board which is known as National Administration of Tourism has decided to diversify the tourism industry to bring in more foreign exchange in the country.

National parks, heritage sites and beaches are the major attractions for tourists who visit Vietnam. The local Vietnamese tour operators also arrange bicycle tours, photography tours, kayak trips and even tours of neighbouring countries such as Laos, Cambodia and Thailand.

Vietnam Tourism: Sector Forecast and Spend Analysis – Drivers and restraints

Vietnam is inexpensive. It is one of the cheapest countries not only in Southeast Asia but in the entire world. The value of Vietnam’s currency ‘dong’ is extremely low. For instance, one US dollar is around 22,000 Vietnamese dong. Naturally, even luxurious hotels or guest houses, food and internal travelling is very much affordable for foreign tourists. This is the most important factor driving the growth of Vietnam tourism.

Another major factor is that tourists from few countries have visa exemption in Vietnam. South Korean and Japanese tourists can enjoy 15 days visa exemption in Vietnam. The visa application process is extremely simple for US and Australian citizens too; and consequently, a large number of tourists prefer to visit Vietnam over other countries.

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The Vietnam government has realised tourism to be a key to its future prosperity and is now accordingly implementing appropriate strategies and policies to transform Vietnam into a leading tourism destination in Asia. However, poor public infrastructure, inadequate business laws and lack of investment funds from foreign investors are hampering the growth of the tourism sector in Vietnam.

Vietnam Tourism: Sector Forecast and Spend Analysis – Future Projections

There is robust development in the future of Vietnam’s tourism. Apart from tourism campaigning by the government, an arrangement of various trade fairs and roadshows will play a vital part to encourage tourism growth in Vietnam. Vietnam offers visa-free travel to the citizens of seven countries – Japan, South Korea, Norway, Finland, Denmark, Sweden and Russia. Such policies are likely to boost the growth of the Vietnam tourism industry.

According to the World Travel and Tourism Council (WTTC), the share of the travel and tourism sector to the GDP of Vietnam in 2015 was VND 279,287.0 billion (6.6% of GDP). This is projected to increase by 5.2% to VND 293,772.0 billion in 2016.

The share of the travel and tourism industry to Vietnam’s GDP is expected to increase by 7.2% p.a. to VND 587,593.0 billion (7.2% of GDP) by 2026. In 2015, visitor exports in Vietnam generated VND 213,389.0 billion. In 2016, this is projected to grow by 2.2%, and it is likely that the country will attract 5,158,000 international tourists. By 2026, the number of international tourists is likely to be about 10,280,000, accounting for an expenditure of VND 422,128.0 billion, an increase of 6.8% p.a.

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According to the WTCC, spending on leisure travelling accounted for 90.0% of the GDP of the travel and tourism industry in 2015 (VND 339,480.0 billion) compared to 10.0% for spending on business travelling (VND 37,577.9 billion). Spending on business travel is estimated to grow by 8.5% in 2016 to VND 40,765.7 billion, and rise by 6.1% p.a. to VND 73,474.1 billion in 2026. Spends on leisure travel are likely to grow by 4.0% in 2016 to VND 353,007.0 billion, and increase by 6.6% p.a. to VND 669,906.0 billion in 2026.

Spending on domestic travel accounted for 43.4% of the GDP of the travel and tourism sector in 2015 compared with 56.6% for visitor exports. Spending on domestic travel is likely to grow by 7.4% in the year 2016 to VND 175,730.0 billion, and further grow by 6.2% p.a. to VND 321,252.0 billion in 2026. Visitor exports are expected to grow by 2.2% in 2016 to VND 218,042.0 billion, and rise by 6.8% p.a. to VND 422,128.0 billion in 2026.

The report offers a 360° view – bringing to the fore key drivers, restraints, opportunities, and challenges prevailing in the sector. To offer readers actionable insights, detailed information on historical trends, current scenario, and future projections is provided in the report.

The report specifically focusses on the leading companies operating in this sector, highlighting their key developmental strategies. A holistic analysis of the leading players is highlighted to help decision makers understand the overall competitive landscape.

The tourism industry loyalty programs market is projected  to reach a valuation of US$ 24 Bn in 2022. Sales are projected to increase at a 9.20% CAGR, with the market size reaching US$ 73.6 Bn by 2032.

Social media platforms are being used to advertise more and more about the Loyalty Programs in the Tourism Sector Market after the covid-19 pandemic.

The personalization of gifts, vouchers to old consumers, discounts, personalized tour plans is helping to grow the Loyalty Programs in the Tourism Sector Market. When a tour company does this they retain their old customers and therefore, it helps them gain more consumers.

 “The loyalty programs in the tourism sector market is expanding because of the rising digital presence of the companies “- Says an FMI analyst.

Key Takeaways:

• On the basis of program types most preferred to be availed by the loyal customers is the tiered program. It gives various discounts, personalized gifts etc. and hence has attracted more consumers to the market.
• The online booking segment is the most used channel for loyalty program in the tourism sector because of the rise in digital marketing.
• Tour groups are the ones who usually want to book the loyalty programs in the travel industry. This is because they mostly get loyalty points on each and everything they explore in a particular region/ state or country.
• The age group of 26-35 years are usually the consumers of this market. It is because this age group are always travelling and hence receive a lot of loyalty points which they further redeem for travelling.

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Impact of COVID-19 on the Tourism Industry Loyalty Programs Market

The Covid-19 pandemic and the lockdown had a positive and negative impacts on each and every industry. Likewise, the loyalty programs in the tourism sector market had positive and negative impacts.

The negative impacts where that a reluctance to travel due to restrictions on borders, travel passports and testing. Therefore, ‘staycations’ may become the more popular and appealing option this in turn is brilliant for the likes of ‘local’ or domestic hotels and travel providers.

Staying local and creating innovative content promoting the benefits of exploring ‘unknown, known’ areas, will pique interest making previously uninspiring destinations more inspiring. With local destinations being top of the list, this can provide opportunity and benefit multiple industries as a result: train and rail travel, petrol stations due to increase in leisure driving, hire car companies and small businesses as the country opens small stores, pubs and restaurants.

The post-pandemic period will bring forth a new, revised approach to how hospitality and tourist businesses engage with customers and build loyalty. Customers have reviewed their travel demands as a result of the pandemic’s effects. Customer loyalty is “up for grabs” after the pandemic as loyalty programs and points expire, travel opportunities are drastically reduced due to travel corridors (therefore making it harder to accrue points), and businesses that have closed have left a gap in their former customers’ lists of preferred brands.

By    examining current loyalty programs and marketing tactics, it will be important to reach these committed prospects. The importance of a loyalty programs will be reinforced and validated to new consumers who are looking for a “new favorite” by promoting perks to your existing customers and values to new customers.

Who is winning?

Leading players of the loyalty programs in the tourism sector market are focusing on improving their digital presence and also trying ways to make their old customers to stick with them by providing personalized offers, discounts etc.

Major players present in the loyalty programs in the tourism sector market are Thompson Hotels, Hotel Tonight, The Hertz Corporation, National Car Rental, Travelex Limited ABN, Zinrelo, Flight Centre, Delta airlines, Virgin Experience Days, The Drake, The Savoy, Wonderful Union and Others among others.

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Get More Valuable Insights

Future Market Insights, in its new offering, provides an unbiased analysis of the loyalty programs in the tourism market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on loyalty programs in the tourism by Program Type (Point programs, Tiered programs, Value-based programs, Omni channel loyalty programs, Paid programs, Others), By Booking Channel (Online Travel Agents, Traditional Agents, and Direct Booking), By Tourist Type (Domestic and International), By Tour Type (Independent Traveler, Package Traveler and Tour Group), By Consumer Orientation (Men and Women) By Age Group (15-25 Years, 26-35 Years, 36-45 Years, 46-55 Years, and 66- 75 Years) & Region – Forecast to 2017 – 2032

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The New Zealand sports tourism market size is projected to reach a valuation of US$ 4,585 Million in 2022. Sales are projected to increase at an 8% CAGR, with a historic CAGR of 7.7% from 2017 to 2021.

Governments recognize the demand for New Zealand sports tourism not just as a source of revenue, but also as a tool for promoting communal cohesion.

Further, the New Zealand sports tourism market is following various promotional activities such as direct marketing, sales, and discounts, offering free giveaways, hosting an event, and many other activities to promote their services in order to increase value for customers and increase sales leading to New Zealand sports tourism market growth.

As the majority of potential customers are millennial who spend the majority of their time on the internet using search and social media, having an online presence will certainly increase the business’s value boosting the New Zealand sports tourism market key trends and opportunities.

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Offering contactless payment methods may be perceived as a need rather than a luxury by many customers and staff who loathe dealing with cash influencing the New Zealand sports tourism market future trends. As a result of the Covid outbreak, many people in the New Zealand sports tourism market have started to employ contact payment systems.

Key Takeaways:

• In terms of tour type of New Zealand sports tourism market, the package travellers are estimated to account for the relatively highest New Zealand sports tourism market
• By booking channel, the online booking segment is anticipated to hold a major New Zealand sports tourism market
• The travellers prefer online booking rather than opting for personal booking as online booking is feasible and even the tour operators give discounts on booking online affecting the New Zealand sports tourism market opportunities.
• In terms of age group, demand in the 26-35 segments will continue gaining traction through 2032 positively impacting the New Zealand sports tourism market trends.
• Based on tourist type of New Zealand sports tourism market, the domestic tourist segment will remain high over the forecast period.

 “A drive from consumers for more genuine experiences, such as the experiencing the sports events in a realistic way, especially among the sports enthusiasts after the COVID period is expected to rise in forecast period” – Says an FMI analyst.

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Impact of COVID-19 on the Market

The impact of COVID-19 on all the sectors of the New Zealand tourism industry, including New Zealand sports tourism market, has been dramatic. Many of the local, national and international games have been cancelled or have been taking place in various social restrictions like a limited number of seating.

Various other Outdoor activities and programs have also been cancelled due to travel restrictions. But, since few forms of sports tourism activities, such as outdoor recreation, are alternatives to mass tourism, they are predicted to grow in the New Zealand sports tourism market future trends.

Moreover, the closing of public places and tourism activities as a result of the pandemic resulted in the New Zealand sports tourism market complete collapse during the crisis.

However, in light of this situation, players are now focusing on promoting and revitalizing their businesses through a variety of strategies, such as the development of online platforms and the provision of high-quality tourism services, as this allows them to reach a larger consumer base at a lower cost.

Who is winning?

Leading New Zealand sports tourism market manufacturers are focused on aggressive promotional strategies, advertisements, and new product launches that have driven sales growth of sports tourism in New Zealand.

Major players present in the New Zealand sports tourism market are HAKA SPORTS TOURS, Sportsnet Holidays, Williment, All Blacks Tours, Dragonfish, Estilo Sports Travel, Exodus Travels, G Adventures, World Expeditions, Real New Zealand Tours Limited, and Intrepid Travel.

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New Zealand Sports Tourism Market by Category

By Sports Type:

• Football/ Soccer
• Cricket
• Motorsport
• Basketball
• others

By Sports Tourism Type:

• Sports Event Tourism
• Nostalgia Sports Tourism
• Active Sports Tourism
• Passive Sports Tourism

By Consumer Orientation:

• Men
• Women
• Children

By Booking Channel:

• Phone Booking
• Online Booking
• In-Person Booking

By Tourist Type:

• Domestic
• International

By Tour Type:

• Independent Traveler
• Tour Group
• Package Traveler

By Age Group:

• 15-25 Years
•  26-35 Years
• 36-45 Years
• 46-55 Years
• 66-75 Years

By Region:

• Oceania

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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The destination wedding market with the rising penetration of social media. Usage of drone footage in marriage events takes destination weddings to the next level. Future Market Insights (FMI) in its latest study has forecast the market to rise at a CAGR of ~30.6% between 2021 and 2031.

As per the market analysis, the destination wedding market will generate revenue, surpassing US$ 21.5 Bn in 2021. By 2031, the market is forecast to cross US$ 290 Bn. Food service activities remain important and are set to account for 39% of the value share in 2021.