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Adventure Market Overview Adventure Market Overview

Adventure Market Overview - PowerPoint Presentation

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Adventure Market Overview - PPT Presentation

Area Attractions Luncheon May 22 2014 Julie Thorner 3 Comprehend the importance and opportunities presented by following best practices when operating in sensitive wilderness and cultural environments ID: 379048

tourism adventure america age adventure tourism age america travelers traveler practices growth rafting outdoors association travel source trip respondents

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Slide1

Adventure Market Overview

Area Attractions LuncheonMay 22, 2014Julie ThornerSlide2

3

Comprehend the importance and opportunities presented by following best practices when operating in sensitive wilderness and cultural environmentsRecognize key adventure traveler demographic profiles and preferences2

Understand the value of the global adventure market

1

What We’ll Cover

4

Understand the size & economic impact of the local rafting industry, Pigeon & Ocoee RiversSlide3

Section

Industry trends

1

IN THIS SECTION

Global market value and growth projections

Information on adventure travelers: demographic and psychographic profiles

Adventure traveler preferences for activities, community engagementSlide4

Definition of adventure

travelSlide5

The adventure traveler profile data presented in the following slides was derived from original survey research.

In 2013 the George Washington University and the ATTA collaborated to conduct a global survey of adventure travelers. An internationally known behavioral panel provider was used to survey a representative sample of international travelers aged 18 years old or older, who have traveled outside the country in their home country in the recent past. The surveys were translated into the native language of the participant’s home country. Respondents came from North America, Europe and South America.

1,739 surveys were collected of which 845 valid surveys were extracted. Seven responses were discarded due their outlier status. The final sample size is 838, yielding a combined margin of error of 3.4%. Regional sample sizes are as follows:

Research

Method

North America Respondents – 213

Europe Respondents - 423

South America Respondents – 202Slide6
Slide7
Slide8

Adventure Travel Compared to

Mainstream Tourism

1950s

2000s

Mass Tourism; 4% average growth per year

Adventure

Tourism: 17% growth

in 2009 and 2010

2010

42% penetration

2050

?

Time

Growth

Adventure

Tourism: 65% growth

in

2011

and

2012

2012

26% penetration

Adventure travel is the fastest growing segment

of the tourism industry.

[

]Slide9

Adventure Traveler Demographics

40.6% of travelers worldwide can be classified as adventure travelersArcheological expeditionBackpackingBirdwatching

Camping

Canoeing

Caving

Climbing

Cycling

Ecotourism

Environmentally sustainable activities

Fishing/fly fishing

Heli-skiing

Hiking

Horseback riding

Hunting

Kayaking/sea/whitewater

Kite surfing

Motorized sports

Orienteering

Paragliding

Rafting

Research expeditions

Safaris

Sand boarding

Sailing

Scuba diving

Snorkeling

Skiing/snowboarding

Standup paddle boarding

Surfing

Trekking

Volunteer tourism

Survey respondents were classified as “adventure travelers” if they cited one of the following activities as the “main” activity on their most recent trip.

[

]Slide10

The table below provides further detail on the age breakdown of people within the 46.6% of all travelers classified as adventure travelers.

[]

Adventure Traveler Age Segmentation

The majority of adventurer

travelers are 31 – 50 years oldSlide11

Adventure Traveler Trip

Planning BehaviorFor all age groups, online search is the most popular method with all age groups. Surprisingly, “friends” were not cited as a top source of trip planning information for people age 28 – 40.

[

]

Age Range

Friends(*)

Online

Newspaper

Travel TV

DMO

Book

Air+Hotel

Online

Use Guide

DID NOT PREPARE

Less than 28

56%

67%

22%

22%

11%

33%

11%

22%

28 - 40

18%

77%

36%

32%

23%

41%

36%

23%

41 - 50

63%

63%

19%

23%

11%

19%

23%

12%

51 -60

70%

67%

20%

34%

12%

39%

27%

12%

More than 60

70%

70%

30%

27%

13%

37%

25%

12%

How else did you prepare for the last trip? Slide12

Generations

Age Ranges

ACTIVITIES

Gen

Yers

Less than 28

Volunteer

Tourism

Environment

Gen

Xers

28 - 40

Camping•

Hunting

Sandboarding

Volunteer Tourism

41 - 50

Archeology • Backpacking

Canoeing•

Cycling

Horseback riding

Volunteer Tourism

Boomers

51 -60

Camping,

Cycling

Backpacking

Volunteer Tourism

More than 60

Archeology

Volunteer

Tourism

Environment

Hiking

Note: Sample size for age

GenY

and

GenX

age segments was small, therefore results are indicators of trends but not conclusive.

Volunteering is popular with almost every age group; backpacking and camping are popular with people age 28 – 60.

[

]

Adventure Traveler

activities of interestSlide13

Generations

Age Ranges

Most likely

traveling partner

Gen

Yers

Less than 28

Partner

Gen

Xers

28 - 40

Spouse/partner

41 - 50

Family

Boomers

51 -60

Family

More than 60

Friends/Partner

GenX

and Boomers 41 - 60 travel with family,

while

GenY

and Boomers 60+ travel in pairs

[

]

Adventure Traveler

travel styleSlide14

The following slides provide basic information on the need to adhere to best practices when leading adventure trips and the benefits that observing best practices can bring to a destination.

Section

the importance of best practices

2Slide15

Sustainable Development Policies

InfrastructureHumanitarianEntrepreneurship

Adventure Activity Resources

Health

Cultural Resources

Safety

Image & Marketing

Natural Resources

The ATDI describes 10 factors necessary for adventure market development; adherence to best practices is especially important in the areas of Safety, Natural , Cultural, and Adventure Activity Resources

[

]

Adventure Tourism Development

Index FrameworkSlide16

Adventure travelers and companies can influence the protection of land, culture and biodiversity - the base assets upon which adventure tourism is built

Types of Best Practices Every Adventure Business Must ConsiderBest Practice Area

example

Method of monitoring

Environment

Leave No Trace

Best Practices

for Marine, Mountain, Jungle Environments

Community members track changes in specific indicators,

for example monitoring volumes of trash, demand for wastewater treatment

Wildlife

Guides

instructed not to bring guests too close to wildlife, or to lead groups through known nesting grounds

Health

of species populations

Guest Safety

Guides

possess wilderness first aid and technical skills for the trips they lead

Annual training tests for guides

Community

Communities are involved in the tourism supply chain

Regular interaction

with community groups to gauge their satisfaction with tourism

Best Practices to Sustain Nature,

Culture and Adventure Resources

[

]Slide17

Total Guest Rafting Numbers for Top US Rivers

Pigeon River Historical GrowthOcoee River Economic Impact StudyStatistics provided by America Outdoors Association

Section

Look at local rafting industry impacts

3Slide18

Rafting Guest Numbers Since 2009

Source: America Outdoors AssociationSlide19

The Pigeon River: Consistent Growth Far Surpassing All Other Top Rivers

Source: America Outdoors AssociationSlide20

The Pigeon River: Explosive Rafting

Growth at 750% Since 1995Source: America Outdoors AssociationSlide21

Let’s Extrapolate: Using the Recent Ocoee River TN Impact Study

Source: America Outdoors AssociationSlide22

Total Measured Economic Impacts of Ocoee Rafting

Source: America Outdoors AssociationSlide23

Leveraging Local Adventure Tourism Natural Assets to Market this RegionGreat Smoky Mountains National Park: over 12-13MM visitors/year, the most visited park in the entire US NP system.

Within a day’s drive of most of the East CoastWhitewater Rafting: Pigeon, Ocoee, Nolichucky TN; French Broad, Nantahala, Tuckasegee NC; Chattooga, Hiawasee GAMountain Biking & Hiking trailsCamping: backcountry (USFS, NP), campgrounds as base for day tripsAdventure Courses, set in natural locations, Ziplining, Ropes Challenge Courses, Adventure Aerial ParksThe combination of outstanding adventure tourism natural assets, a world renowned National Park, developed entry level adventure product, and exceptional shopping and theme park attractions next door is hard to beat for the vacationing public! Only the Southeast has this…Slide24

Try out a local adventure trip/product soon!Questions/Ideas:

Julie ThornerPresident, Liquid Spark Inc.PO Box Bryson City, NC 29718www. LiquidSparkMarketing.cominfo@liquidsparkmarketing.comO:828-488-3420/ M:828-736-1695