The global LGBTQ+ travel market is expected to reach $296.8 billion in 2023, with a projected doubling by 2033. This massive market has significant implications for the tourism industry. However, international visitors are rethinking their trips to the United States due to tariffs and anti-LGBTQ+ rhetoric, resulting in a 10% drop in air travel and 14% overall decline in March.
Despite these challenges, some Pride events have seen an increase in attendance. For example, Phoenix Pride’s Rainbows Festival drew 33,000 attendees, up from 28,000 the previous year. Similarly, Salt Lake City Pride saw a significant jump to 17,000 attendees, up from 10,000 previously.
These statistics highlight the importance of understanding and catering to the LGBTQ+ travel market. With its massive purchasing power, this demographic is an attractive target for tourism boards and businesses looking to capitalize on the growing trend.
Time2Travel
@Time2Travel_biz
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Jul 4 #TravelTrends You Should Know:
In 2023, 51% of millennials expressed a preference for paying with #cryptocurrency over traditional credit cards when booking travel
#Time2Travel is #comingsoon — a platform designed to meet this demand by allowing users to book flights
VisitBritain Biz
@VisitBritainBiz
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Jun 16 Unlock the latest tourism insights from the USA and Canada! Join our FREE webinar on 20 June to hear from our in-market experts on the latest travel trade and inbound visitor trends. Register your place now: https://visitbritain.org/training-and-events/international-market-webinars…
Skift
@skift
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2h Asia’s top travel markets are rewriting the rules of booking — with OTAs, loyalty programs, and social media now driving distinct, market-specific behaviors that global travel brands must strategically adapt to.
https://hubs.li/Q03vL2gm0
Barceló Hotel Group
@barcelohoteles
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May 13 A few days ago,
@barcelohoteles
attended the 32nd edition of the Arabian Travel Market (ATM), the Middle East’s leading travel industry event held annually in #Dubai.
It served as an excellent opportunity to discuss forecasts, share trends and continue to find inspiration and
Zahrapropertyadviser
@Zara75408218
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May 18 The Event Worth Attending – Game Changer 2.0
A lot of information and insight on market trends and future changing dynamics. It is indeed a value-added event.
#zahrapropertyadviser #gamechanger #cocacolaarena #citywalk #realtor #realtorlife #lifestyle #luxury #travel #viral
WTTC
@WTTC
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Jul 3 The #BleisureBoom is here – and it’s changing how we travel for good.
More of us are mixing business with leisure, turning work trips into personal adventures.
And the smartest travel SMEs are making it easier than ever to blend work & wanderlust https://bit.ly/45w59Z9
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