Latest news with #wellnessTravel
Yahoo
01-07-2025
- Business
- Yahoo
Golden Generation Travel Market Trends, Opportunity, and Forecasts to 2030: Key Players Like Hilton and Airbnb Lead the Charge in Reinventing Senior-Oriented Travel Experiences
The Golden Generation Travel Market offers lucrative opportunities by catering to retirees with disposable income, seeking enriching, comfortable, and adventure-filled travel experiences. Providers can capitalize on wellness travel trends, offering accessible, premium, and health-focused services tailored to seniors' evolving preferences. Golden Generation Travel Market Dublin, July 01, 2025 (GLOBE NEWSWIRE) -- The "Golden Generation Travel Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F" has been added to Golden Generation Travel Market was valued at USD 8.74 Billion in 2024 and is expected to reach USD 14.84 Billion by 2030, rising at a CAGR of 9.28%. Growth is primarily fueled by a rising global retiree population, increased disposable incomes, and evolving lifestyle preferences among older adults. This demographic seeks comfort, enrichment, and adventure in their travel experiences, supported by advancements in travel planning technologies and improved global connectivity. Enhanced health awareness and the desire to maintain active lifestyles also drive demand for travel options tailored to the needs of seniors. With a growing appetite for meaningful experiences, the market presents ample opportunities for providers offering accessible, wellness-oriented, and premium travel services. Key Market Drivers: Increased Disposable Income and Financial Stability The financial independence and growing disposable income among individuals aged 55 and above serve as major catalysts for the Golden Generation Travel Market. Many seniors have accumulated substantial savings through pensions, investments, property appreciation, or inheritance. With fewer financial responsibilities such as child-rearing or mortgage payments, older adults are prioritizing leisure, particularly travel, to enhance their post-retirement lifestyle. This generation increasingly allocates resources to experiences, favoring quality and convenience. As a result, there is a strong market for guided tours, cruises, and premium accommodations tailored to this age group. Their willingness to pay for safety, comfort, and personalized service has prompted travel providers to develop curated offerings that meet the expectations of this financially stable and travel-enthusiastic demographic. Key Market Challenges: Health and Mobility Concerns Despite improved longevity, health and mobility issues remain significant barriers for senior travelers. Conditions such as chronic illnesses, limited stamina, and the need for continuous medication can restrict travel options. Long journeys, unfamiliar environments, and physically demanding activities may pose challenges and risks, especially in destinations with inadequate healthcare access or senior-friendly infrastructure. Emergencies abroad can be daunting due to language barriers and unfamiliar medical systems. Additionally, travel insurance becomes more costly or limited for seniors, particularly those with pre-existing conditions. Mobility concerns are compounded in areas lacking elevators, ramps, or accessible public transit. These limitations necessitate that travel providers design itineraries and services that account for medical needs, offer accessible facilities, and provide emergency support to ensure a safe and enjoyable travel experience. Key Market Trends: Rise of Wellness and Health-Focused Travel A prominent trend in the Golden Generation Travel Market is the rising interest in wellness-focused and health-enhancing travel experiences. Seniors increasingly seek out destinations and activities that contribute to physical and mental well-being. Wellness retreats, spa getaways, yoga workshops, and nutrition-centered holidays are becoming more popular. Nature-rich locations, therapeutic hot springs, and holistic resorts attract older travelers aiming to rejuvenate and sustain healthy routines. Medical tourism is also gaining momentum, with seniors combining affordable treatments like dental care or orthopedic procedures with leisurely travel. This trend reflects a dual focus on health and exploration. As wellness travel grows, industry players are responding with specialized packages, senior-accessible programs, and health consultations to meet evolving preferences for active, mindful, and restorative travel experiences. Key Market Players American Express Global Business Travel Tripadvisor Airbnb TUI Group Booking Holdings Hilton Worldwide Holdings Expedia Group Wendy Wu Tours Intrepid Group Travel Leaders Group Key Attributes: Report Attribute Details No. of Pages 187 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $8.74 Billion Forecasted Market Value (USD) by 2030 $14.84 Billion Compound Annual Growth Rate 9.2% Regions Covered Global Report Scope: In this report, the global Golden Generation Travel Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below: Golden Generation Travel Market, By Type: Leisure Travel Adventure Travel Medical Travel Others Golden Generation Travel Market, By Travel Accommodation: Luxury Hotels Budget Hotels Vacation Rentals Hostels Golden Generation Travel Market, By Travel Package: All-Inclusive Packages Customizable Packages Group Travel Packages Last-Minute Deals Golden Generation Travel Market, By Region: North America United States Canada Mexico Europe France Germany Spain Italy United Kingdom Asia-Pacific China Japan India Vietnam South Korea Middle East & Africa South Africa Saudi Arabia UAE Turkey Kuwait Egypt South America Brazil Argentina Colombia For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Golden Generation Travel Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
North America Surfing Tourism Market and Companies Analysis Report 2025 Featuring AGIT Global North America, AJW Surfboard, Boardriders, Surfline, Quiksilver and More
Key market opportunities include the rising popularity of adventure and lifestyle sports, expanding demographics seeking wellness travel experiences, and increased accessibility via diverse landscapes and digital marketing. Eco-tourism and sustainable practices also represent significant growth potential. Dublin, May 23, 2025 (GLOBE NEWSWIRE) -- The "North America Surfing Tourism Market by Country, Competition, Forecast & Opportunities, 2020-2030F" has been added to North America Surfing Tourism Market was valued at USD 25.69 Billion in 2024 and is projected to reach USD 36.70 Billion by 2030, rising at a CAGR of 5.19%. This market is witnessing robust growth as adventure sports and wellness tourism become increasingly popular, particularly among younger travelers. Surfing is gaining momentum as both a recreational and lifestyle activity, appealing to a wide demographic seeking active and immersive travel experiences. North America's diverse surfing landscapes, from renowned coastal regions to emerging inland wave parks, are enhancing accessibility and drawing a larger base of enthusiasts. The expansion of surf culture, coupled with improved infrastructure, digital marketing, and event-driven tourism - such as the upcoming 2028 Summer Olympics surfing competition at Trestles Beach in California - is further propelling market growth. Market Driver: Rising Popularity of Adventure and Lifestyle SportsAdventure and lifestyle sports are gaining mainstream appeal across North America, with surfing emerging as a highly sought-after activity among travelers. Once confined to coastal subcultures, surfing is now embraced as part of a broader wellness lifestyle that emphasizes outdoor engagement, fitness, and environmental connection. Social media platforms have played a key role in elevating surfing's visibility, with influencers and content creators spotlighting destinations throughout the U.S., Canada, and Mexico. This increased exposure has sparked interest across skill levels, fueling demand for surf camps, lessons, and guided tours. Additionally, surfing's inclusion in the Olympics has further legitimized the sport, encouraging participation and investment. California's Trestles Beach, a historic surf site, is set to host the 2028 Olympic surfing events, reinforcing the region's legacy and influence within the surfing Market Challenge: Environmental Sustainability ConcernsAs surfing tourism continues to expand, sustainability challenges have become more pronounced, particularly in environmentally sensitive coastal areas. Increased tourist activity often results in infrastructure strain, habitat disruption, and pollution, all of which threaten the long-term viability of popular surf spots. Many coastal communities are grappling with the need to balance economic benefits from tourism with environmental preservation. Issues such as waste management, water quality, and responsible construction are central to local sustainability strategies. Furthermore, climate change - manifested through rising sea levels, ocean warming, and erratic weather - poses long-term risks to wave patterns and beach stability. If not addressed proactively, these environmental impacts may reduce the appeal and accessibility of top surfing Market Trend: Rise of Eco-Tourism and Sustainable Surfing PracticesSustainability is emerging as a key theme in North America's surfing tourism market, with both travelers and operators increasingly adopting eco-friendly practices. Environmentally conscious surfers are choosing destinations and businesses that prioritize preservation and responsible tourism. This includes the use of sustainable surfboards made from recycled or natural materials, eco-certified accommodations, and guided tours that emphasize schools and rental providers are also integrating low-impact products such as biodegradable surf wax and refillable water containers. Leading destinations like California, Hawaii, and parts of Mexico are embracing sustainable tourism models by hosting beach clean-up events, promoting marine conservation, and offering green certification programs. These initiatives are driving the growth of eco-conscious surf retreats and aligning with the broader trend of wellness-focused Players Profiled in this North America Surfing Tourism Market Report AGIT Global North America, Inc. AJW Surfboard Boardriders, Inc. Surfline, Inc. Quiksilver, Inc. Billabong International Limited Hawaiian Airlines, Inc. Roxy, Inc. Turtle Bay Resort San Onofre Surf School Report ScopeIn this report, the North America Surfing Tourism Market has been segmented into the following categories:North America Surfing Tourism Market, by Tour Type: Domestic International North America Surfing Tourism Market, by Tourist Type: Solo Group North America Surfing Tourism Market, by Destination: Coastal Regions Islands Surfing Resort Others North America Surfing Tourism Market, by Country: United States Canada Mexico Key Attributes Report Attribute Details No. of Pages 120 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $25.69 Billion Forecasted Market Value (USD) by 2030 $36.7 Billion Compound Annual Growth Rate 5.1% Regions Covered North America For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
