Press release
Resort Planning Market Outlook, Size, Growth Analysis, Trends And Industry Forecast 2024-2033 | Key Players: Gensler Jr. & Associates Inc., Hellmuth Obata & Kassabaum Inc., Nikken Sekkei Komu Co Ltd., Leo A. Daly Company, EDSA Inc.
Resort Planning Market Report
The Business Research Company presents an extensive market research report on the Resort Planning Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The resort planning market size has grown strongly in recent years. It will grow from $192.99 billion in 2023 to $202.77 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to tourism industry growth, changing consumer preferences, environmental conservation and sustainable tourism, government initiatives and tourism policies, global economic expansion.
The resort planning market size is expected to see strong growth in the next few years. It will grow to $258.98 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to rise in luxury and wellness tourism, emergence of eco-tourism, focus on unique experiences, digital marketing and online booking trends, crisis recovery and resilience. Major trends in the forecast period include cultural immersion and local community engagement, luxury sustainability and eco-lodges, adoption of smart environmental design, holistic event and wedding facilities, wellness retreats and specialty programs.
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Key Market Players:
Major companies operating in the resort planning market report are Gensler Jr. & Associates Inc., Hellmuth Obata & Kassabaum Inc., Nikken Sekkei Komu Co Ltd., Leo A. Daly Company, EDSA Inc., CallisonRTKL Inc., Cooper Carry, Forrec Ltd., SB Architects Ltd., HKS Inc., Wilson Associates, Hirsch Bedner Associates, MHBC Planning, Urban Design & Landscape Architecture, Yabu Pushelberg, Humphreys & Partners Architects, M2Leisure, Nomadic Resorts, VITA Planning and Landscape Architecture, Affiniti Architects PA, Wimberly Allison Tong & Goo, International Place Design LLC, Smallwood Contracts Ltd., Ankenman Marchand Architects, Urban Resort Concepts Ltd., LandRun Studio LLC, Arcmax Architect, Resort Management Company, SE Group Ltd., WATG Urban, M. Arthur Gensler Jr. & Associates Inc., DiLeonardo International
Market Drivers:
The increase in worldwide tourism is expected to propel the growth of the resort planning market. Tourism is a social, cultural, and economic phenomenon that involves individuals travelling to nations or locations beyond their typical surroundings for personal or business/professional reasons. The world has seen massive growth in tourism in the past decade due to the increased disposable income, access to various locations, the urge to explore, and other reasons. The growth of global tourism will create a significant need for the development of sophisticated yet sustainable resorts, driving the demand for resort planning as it aids the tourism industry by enabling a luxurious experience for the tourists. For instance, according to the United Nations World Tourism Organization (UNWTO), global tourism grew by 4% in 2021 over 2020, increasing to 415 million arrivals in 2021 from 400 million arrivals in 2020. Therefore, the increase in global tourism is expected to boost demand for resort planning services during the forecast period.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/resort-planning-global-market-report
The resort planning market covered in this report is segmented -
1) By Type: Overall Planning, Partial Planning
2) By Application: Urban, Rural Areas
3) By End-User: Large Enterprises, Investment Agency
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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