Houston, TX -- (SBWIRE) -- 08/20/2018 -- Sports tourism refers to a traveler's involvement with a country or region's sporting events. The involvement can be in an active or passive form. These sporting events include sports such as football, cricket, hockey, tennis, golf, baseball, rugby and basketball. The tourism industry has experienced remarkable growth over the last 60 years, especially in areas that accommodate a large number of international travelers in short breaks such as in Europe. Tourists usually find good budget and good food and accommodation. The growth of sports tourism will increase national GDP and employment. The increase in spending capacity in the world population has increased participation in sports tourism. This promotes growth in the service industry and increases employment opportunities.

"Research N Reports Analyst Predicts the Sports Tourism Market Expected To Grow at a CAGR of +35% During Forecast Period."

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Sports tourism is divided into two categories: sports holidays and sports events. Popular sporting events include skiing and golf, and events that attract tourists include the Olympic Games and the FIFA World Cup. Sports awards are gaining in popularity as health consciousness grows around the world and exercise is becoming more frequent. Meanwhile, the sporting event continues to attract a lot of media coverage, making this event very attractive for tourists to attend.

The sport tourism industry faces many problems in the future. Major examples include the high cost associated with many sports holidays to the Millennium era. Cities hosting major sporting events are increasingly hesitant due to significant cost and limited long-term economic benefits.

The passive sports tourism segment has contributed to key market share and this is mainly because of the growing popularity for sports events among the masses. The number of viewers at home and abroad will increase due to intensified sponsorship, sponsorship of international sporting events, and securing media rights.

Top Key Player Studded This Study
BAC Sport, Great Atlantic Sports Travel, ITC Sports Travel, TUI, Fanatic Sports, Sportsnet Holidays, Sports Tours India, Sports Tours International, Sports Travel, T4S, Victory Sports Tour

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Some of the latest developments in the global Sports Tourism market have made it vital for the key players to completely comprehend the market keeping in mind the end goal to create effective business strategies. Conversely, the global Sports Tourism market is tremendous and profoundly unique, thus making it difficult for the players to conduct a market research in-house. The report depicts an intensive outline of the global Sports Tourism market and investigates the key micro- and macro-economic factors affecting the growth of the market. The report moreover projects the size and valuation of the global Sports Tourism market in the forecast period.

Regional Outlook:

The report studies the global market with prime emphasis on Europe, North America, Southeast Asia, India, Japan, and China. The export, import, revenue, production, and consumption of Sports Tourism industry in these areas have been highlighted in detail in the report. The report begins by presenting an overview of the global Sports Tourism market. This section of the study encapsulates the classification, specifications, and definition.

Table of Contents
Global Sports Tourism Market Research Report.
Chapter 1 Sports Tourism Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…

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