New Adventure Tourism Report Reveals $263B Market, Up 65% Per Annum Since 2009

Yes, voluntourism is part of the adventure travel market, stop thinking we are separate because the lines have blurred. Impressive growth.

Seattle, WA –  Growth in the adventure travel market has accelerated at a 65 percent yearly rate since 2009 according to the newly released Adventure Tourism Market Study – a consumer report by The George Washington University (GW) conducted in partnership with the Adventure Travel Trade Association (ATTA, www.adventuretravel.biz).

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The 2013 Adventure Tourism Market Study uses the same methodology and approach as the 2010 study allowing for direct comparison between the studies and growth trend analysis. It included three key outbound regions: Europe, North America and South America. These regions account for nearly 70 percent of overall international departures, according to the United Nations World Tourism Organization (UNWTO). The study estimates the value of the global outbound adventure travel sector to be US$263 billion, excluding airfare, up from US$89 billion first reported in the benchmark consumer study. When this US$263 billion is combined with the estimated $82 billion spent for related gear, apparel and accessories, adventure travelers spent more than $345 billion in 2012 for travel related to adventure.

“Adventure tourism’s steep climb is attributed to growth in the global tourism industry, a significant increase in the percentage of adventure travelers, and an increase in the average amount spent per adventure travel trip,” said ATTA President Mr. Shannon Stowell. “This comes as positive news, of course, and reinforces the ATTA community’s rising commitment to safety, education, training and development of innovative and culturally and environmentally sound travel options. As we watch adventure travel tourism grow it is imperative that we continue to provide travelers with transformative experiences, all while helping to protect and respect the very people and places visited.”

Have a read of the whole article here.

And make sure to check out this great infographic!

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