Sportstravel Podcast

The $52.2 Billion Case for Sports-Related Travel

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Sinopse

In 2019, the Sports Events and Tourism Association, or Sports ETA, embarked on an ambitious State of the Industry report to attempt to put a value on the economic impact derived from sports events and sports-related travel. The timing was fortuitous as it set a baseline for future studies just before the pandemic. In 2022, a second report analyzed the pace of recovery from that pandemic, looking at data from 2020 and 2021. But the latest report arguably paints the fullest pictureyet not just at how the industry has recovered, but how it continues to thrive. The headline numbers are that sports-related travel had a $52.2 billion direct economic impact in 2023. More than 200 million travelers were reported, generating more than 73 million room nights. But perhaps most impressive of all, some 63 percent of destinations surveyed said that sports are their largest generator of room nights. Think about that statistic for a moment and you can start to grasp the true power and potential of this market. John David too