Press release
Top Trends Transforming the Resort Planning Market Landscape in 2025: Reshaping The Resort Planning Landscape Through Collaboration and Partnerships
Resort Planning Market
What Will the Resort Planning Industry Market Size Be by 2025?
The market size for resort planning has seen substantial growth in the past few years. It is projected to increase from $201.68 billion in 2024 to $212.13 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.2%. The growth experienced in the historical period can be linked to factors such as expansion in the tourism industry, evolving consumer tastes, emphasis on environmental preservation and sustainable tourism practices, governmental policies supporting tourism, and global economic growth.
What's the Long-Term Growth Forecast for the Resort Planning Market Size Through 2029?
In the coming years, the resort planning market is anticipated to experience robust growth, reaching a valuation of $281.84 billion in 2029 with a compound annual growth rate (CAGR) of 7.4%. This projected surge over the forecast period is due to factors such as the increasing popularity of luxury and wellness tourism, the rise of eco-tourism, a focus towards creating unique experiences, the boom in digital marketing and online booking trends, and robust crisis recovery measures and resilience. The forecast period will also witness significant trends such as cultural immersion and local community interaction, luxurious sustainability and eco-lodges, the incorporation of smart environmental design, comprehensive event and wedding facilities, wellness sanctuaries and specialized programs.
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What Are the Key Growth Drivers Fueling the Resort Planning Market Expansion?
The boom in international tourism is predicted to substantially foster the progression of the resort planning market. Tourism, which is identified as a social, cultural, and economic event, entails individuals journeying to countries or regions outside their ordinary environment for personal or professional purposes. A tremendous surge in tourism has been witnessed over the previous decade due to rising disposable income, availability of various destinations, a passion for exploration, and other factors. The amplification of worldwide tourism will necessitate substantial advancements in the design of innovative yet eco-friendly resorts which drives the need for resort planning, as it enriches the tourism sector by offering an opulent experience for tourists. For example, the United Nations World Tourism Organization (UNWTO) reported in September 2024, that around 790 million tourists had journeyed overseas in the initial seven months of 2024, denoting an 11% increase relative to 2023. Consequently, the expansion in global tourism is anticipated to stimulate the demand for resort planning services throughout the predicted period.
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What Are the Key Trends Driving Resort Planning Market Growth?
One key trend emerging in the resort planning market is strategic partnerships. Major players in this sector are focusing on partnering to uncover new possibilities in the design and establishment of sophisticated resorts by utilizing each other's skills, resources, and technology. These collaborations will also enable companies to solidify their market presence and penetrate into new areas. For example, in July 2024, Marriott International, an American hospitality firm, partnered with Eagle Hills, a private real estate investment and development company based in the UAE. The purpose behind this collaboration was to launch the Ritz-Carlton Reserve on Ramhan Island, positioning a significant enhancement to luxury hospitality in the Arabian Gulf. The goal of this partnership is to build an exclusive wellness and sustainability-focused resort. Eagle Hills is a private real estate development and investment enterprise located in Abu Dhabi, United Arab Emirates.
How Is the Resort Planning Market Segmented?
The resort planningmarket 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
Subsegments:
1) By Overall Planning: Master Planning, Site Planning, Environmental Impact Assessment
2) By Partial Planning: Landscape Design, Facility Planning, Infrastructure Planning
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Which Companies Are Leading the Charge in Resort Planning Market Innovation?
Major companies operating in the resort planning market include 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
Which Regions Are Leading the Global Resort Planning Market in Revenue?
Western Europe was the largest region in the resort planning market share in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the resort planning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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