Comprehensive Leisure Travel Market Forecast 2025-2034: Growth Trends and Strategic Shifts

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Leisure Travel Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, there has been a significant expansion in the size of the leisure travel market. It is projected to increase from $1260.91 billion in 2024 to a considerable $1431.5 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 13.5%. Factors attributing to the growth experienced in the historical period include the rise in disposable incomes, the expansion of the middle class, the escalating levels of globalization, increased tourism infrastructure, improvements in connectivity and transportation, emergence of budget airlines, government policies and incentives, the proliferation of social media and digital marketing, and the surge in eco-friendly travel choices.

Leisure Travel Market Size Forecast: What's the Projected Valuation by 2029?
Expectations of a speedy expansion of the leisure travel market are high, with predictions estimating growth to $2393.27 billion by 2029, multiplying at a compound annual growth rate (CAGR) of 13.7%. Such growth during the predicted period can be credited to key changes in consumer expenditure, a rise in outbound worldwide tourism, enhanced lifestyle norms, big data analytics integration, AI and IoT utilisation in the tourism sector, increased attraction to eco-friendly tourism, expansion of space tourism, the latest wellness tourism movements, the sway of social media on travel decisions, and the accessibility of affordable airline options. Notable trends during this forecast period encompass an upswing in solo travel inclination, an emphasis on one-of-a-kind and exotic locales, digital reservation services, best practices for sustainable tourism, progression in travel technologies and AI, excitement for adventure and wellness journeys, popular use of mobile travel apps, and tailor-made travel encounters.

View the full report here:
https://www.thebusinessresearchcompany.com/report/leisure-travel-global-market-report

What Are the Drivers Transforming the Leisure Travel Market?
An escalating inclination of consumers towards recreational travel experience is anticipated to catalyze the expansion of the leisure travel market in the future. Recreational travel encompasses activities and journeys undertaken primarily for pleasure, relaxation, and fun. This escalating consumer preference is attributed to their focus on immersive and memorable travel experiences instead of material possessions. Consumers are now looking for engagement, authenticity, and involvement in their leisure travels. Leisurely travel offers varied opportunities for participating in recreational activities such as outdoor adventures, sports, cultural events, and relaxation at diverse locations. For example, data from the Adventure Travel Trade Association, an American strategic membership organization, in May 2024 reported that the average count of travellers managed by adventure travel providers spiked to 6,553, which is a 54% growth from 4,243 in 2022 and a surge of 384% from 1,355 in 2021. This inclination of consumers towards recreational travel experiences, thus, propels the expansion of the leisure travel market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18657&type=smp

What Are the Key Trends Driving Leisure Travel Market Growth?
Major corporations in the leisure travel sector are prioritizing digital advancements and online reservations, including hotel content dissemination platforms, to improve custom experiences and simplify procedures. A hotel content distribution platform acts as a tech solution that consolidates and eases the management and distribution of hotel details, rates, and accessibility across several booking channels, improving visibility and maximizing reservations. For example, in March 2024, Amadeus IT Group SA, a travel technology firm based in Spain, introduced Amadeus Leisure Connect. This combined technological solution enhances leisure travel by connecting hotel suppliers with travel sellers. It incorporates private agreements to facilitate hotel content distribution, offering real-time rates and inventory. Travel sellers have the opportunity to customize and upsell services while gaining access to exclusive prepaid net rates from over 600,000 properties. The platform makes reservations simpler and maximizes profits, thus enhancing the travel experience and operational efficiency.

Which Segments in the Leisure Travel Market Offer the Most Profit Potential?
The leisure travel market covered in this report is segmented -

1) By Expenditure Type: Lodging, Transportation, Food And Beverages, Events And Entertainment, Other Expenditure Types
2) By Traveler Type: Solo, Group
3) By Sales Channel: Online Channels, Conventional Channels
4) By Age Group: Baby Boomers, Generation X, Millennials, Generation Z

Subsegments:
1) By Lodging: Hotels And Resorts Or Vacation Rentals Or Hostels Or Bed And Breakfasts (B And Bs) Or Campsites And Glamping Sites
2) By Transportation: Airfare Or Car Rentals Or Rail Travel Or Cruises Or Bus Services Or Ride-sharing
3) By Food And Beverages: Restaurants And Cafes Or Street Food Or Bars And Pubs Or All-Inclusive Dining Packages Or Catering And Banquets
4) By Events And Entertainment: Concerts And Festivals Or Theme Parks And Attractions Or Cultural And Heritage Tours Or Adventure Activities Or Sporting Events And Tickets
5) By Other Expenditure Types: Shopping Or Travel Insurance Or Spa And Wellness Services Or Travel Accessories And Gear Or Tour Guides And Excursions

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=18657&type=smp

Which Firms Dominate the Leisure Travel Market by Market Share and Revenue in 2025?
Major companies operating in the leisure travel market are TUI Group, Priceline Group, Booking Holdings Inc., Expedia Group Inc., CWT Global BV, Airbnb Inc., American Express Global Business Travel, Flight Centre Travel Group Ltd, TripAdvisor Inc, Orbitz LLC, World Travel Inc., Contiki Holidays Ltd., Abercrombie & Kent Ltd., G Adventures Inc., Trivago N.V., Cox & Kings Ltd., Travelocity.com LP, Direct Travel Inc., Travel Leaders Group LLC, MakeMyTrip Pvt. Ltd., Luxury Escapes Pty Ltd., Intrepid Travel Pty Ltd., GetYourGuide AG, Kayak Software Corporation, JTB Americas Group Inc., TravelBag Ltd., Thomas Cook Group plc, Trafalgar Tours Ltd., Hays Travel Limited

Which Regions Offer the Highest Growth Potential in the Leisure Travel Market?
North America was the largest region in the leisure travel market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the leisure travel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18657

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.