People nowadays are more interested in traveling to places where they can indulge in various activities like mountain biking, trekking, whale watching etc. As a result, adventure travel has gained massive popularity in recent years.
It is expected that compound annual growth rate will grow 45.99% by 2020 for adventure tourism. Regular site seeing or beachside vacations are expected to take a backseat. Adventurous activities, like the ones we mentioned earlier, are high in demand nowadays.
A rise in adventure tourism has led to an increase in tourism in countries where adventure travel destinations are high in numbers such as France, Germany, Spain, and Iceland.
The adventure tourism market has become very competitive with numerous vendors coming in the scene. According to a recent research, almost 82% of bookings are made from tour and activities operator own website and half of them (49%) were made on mobile. Another adventure tourism market study states that the competition is expected to increase more with the rise in services.
Leading vendors in the market are –
- Austin Adventures
- Explore Worldwide
- G Adventures
- MTS
How can we enter online Travel Activity Business?
You can start an online travel activity business either by creating a single vendor website or running a travel activity marketplace.
To run a travel activity marketplace business could be a better option to succeed in such a competitive market. FunAway is a readymade solution to develop a travel activity marketplace website. Some of the features of FunAway are:-
- Website Builder
- Customization Tools
- Multiple Vendor Capabilities
- Monetization Options
- Multiple Currency Support
- User Management
- Activity Booking Management
- Commission Management
- Review and Rating Management
- Growth and Finance Management