Technavio, in its latest report, analyzes the magnitude and trends of golf tourism worldwide, broken down by region and segment. The importance of
Technavio, in its latest report, analyzes the magnitude and trends of golf tourism worldwide, broken down by region and segment.
The importance of golf infrastructure around the world is one of the main elements influencing the golf tourism business. Most of these facilities are inaccessible to the general public, as they are located in private clubs, golf resorts, and golf-focused real estate.
Most of the world’s golf courses were located in North America, followed by Europe and Asia. Throughout the forecast period, the global golf tourism market is expected to see significant growth as a result of the expansion of golf courses in these regions.
However, the growing threat of fantasy golf may impede the growth of the market and is one of the factors hindering the growth of the golf tourism market. Buy a sample now!
North America will account for 53% of the market growth. The main markets for golf tourism in North America are the United States and Canada. Compared to the MEA and South American markets, the market in this region will grow faster.
Throughout the projection period, the growth of the golf tourism market in North America will be aided by the presence of well-developed economies, pleasant weather conditions, the availability of a variety of terrains, and extensive media coverage of the sport. Plan and Strengthen your commercial and marketing strategies, Request a Sample Report.