The sustainable tourism market is experiencing rapid growth, projected to reach a staggering $11.4 trillion by 2032. Driven by increasing demand for eco-friendly travel experiences, the market is seeing significant growth in segments like island tourism and solo travel.
Rockland, Maine is strategically positioning itself as an alternative to the overcrowded Bar Harbor, seeking to attract more cruise ships while maintaining its small-town charm. The town hopes to boost its economy through tourism while navigating the challenges of managing the influx of visitors.
The global luxury travel market is experiencing rapid growth driven by rising incomes, new technology, and a demand for unique experiences. Asia-Pacific is leading the way, with a projected CAGR of 11.1%. Baby boomers and Gen X are the primary consumers, but millennials are also contributing, seeking immersive experiences and accessible luxury. This market segment is fueled by the integration of cutting-edge technologies and the desire for personalized, off-the-beaten-path journeys.
The global travel accommodation market is experiencing explosive growth, driven by a shift toward experiential travel and technological advancements. This sector is expected to quadruple in size by 2035, reaching $3144.7 billion. However, the rise of fraudulent activities poses a significant threat, requiring a robust response from industry stakeholders.
The 12th edition of the Kerala Travel Mart (KTM-2024) is set to take place in Kochi from September 26 to 29. This event, a collaboration between the government and the tourism industry, is expected to draw a record number of buyers, both domestic and international, and highlight the diverse and beautiful offerings of Kerala. With a focus on responsible tourism, MICE tourism, and cruise tourism, KTM-2024 aims to solidify Kerala’s position as a global tourism hub.
The Kerala Government has taken a significant step to support tourism workers by mandating that all classified hotels and tourist accommodations in the state must provide restrooms and essential facilities for taxi drivers transporting tourists. This decision recognizes the vital role taxi drivers play in ensuring a safe and comfortable travel experience for visitors.
The Qatar Tourism Awards, returning for its second edition, will recognize businesses that provide outstanding and unique tourism experiences in Qatar. With seven categories, including Service Excellence, Gastronomic Experiences, and Digital Footprint, the awards will celebrate innovation, sustainability, and accessibility in the tourism sector. The public can also vote for their favorite Tourism Influencer of the Year.
Thailand’s tourism sector is poised for a significant rebound in 2024, with an estimated 35.99 million foreign tourists expected to visit the country. Driven by relaxed travel policies, increased flight capacity, and growing demand, Thailand’s tourism industry is on track to surpass pre-pandemic levels, injecting billions into the economy and revitalizing various sectors.
The Caribbean Tourism Organization’s (CTO) State of the Tourism Industry Conference (SOTIC) 2024 will take place in Grand Cayman from September 2 to 6, bringing together industry leaders to discuss key issues and strategies for the region’s tourism development. The conference will focus on sustainability, technology and innovation, aviation and connectivity, cruise tourism, leadership and legacy, and business continuity planning.
India’s tourism sector is on the rise, driven by a combination of its rich cultural heritage, improving infrastructure, and increased global interest. Experts at the ET World Leaders Forum discussed strategies to further enhance India’s position as a top global destination, emphasizing the role of connectivity, infrastructure, and unique experiences in attracting international travelers.
