Travel TrendsSports and concert travellers in Asia are high spenders who prefer package deals and rely on travel agents.

How travel agents can profit from sports and concert tourism in Asia

|
Travel agents who want to tap into sports and concert tourism should focus on comprehensive package deals, especially for Thai and Indian travellers.
Travel agents who want to tap into sports and concert tourism should focus on comprehensive package deals, especially for Thai and Indian travellers. Photo Credit: Instagram/Taylor Swift

A new report by Collinson International sheds light on the travel and spending habits of sports and concert-goers in Asia, revealing significant economic opportunities for the travel industry.

The study, "The Value of Sports and Music Tourism", offers insights into the preferences and behaviours of event tourists, with a particular focus on Asian markets.

Spending patterns

Asian travellers emerge as top spenders in event tourism:

  • 17% of Asian respondents spend over US$2,000 per sports trip, exceeding the global average
  • Hong Kong and UAE travellers lead in airport and overall trip spending: • 45% of Hong Kong sports fans spend over US$200 at airports • 41% of Hong Kong music fans spend over US$200 at airports • 40% of UAE sports fans spend over US$1,000 on entire trips • 43% of UAE music fans spend over US$1,000 on entire trips

Travel preferences

Package deals and travel agents:

  • Asian travellers show a strong preference for package deals
  • Thailand leads with 74% using travel agents for event package bookings
  • India follows closely at 69%

Airport experiences:

  • High interest in airport lounge access through payment cards: • India: 43% • Hong Kong and UAE: 41% • Singapore: 40%
  • 47% of global fans use services like airport lounges, gaming lounges, sleep pods, and spas

Event attendance and duration:

  • 83% of global respondents have travelled by plane for sports events in the past three years or plan to do so in the coming year
  • 71% have done the same for music events
  • Most popular sports for travel:
    1. Football (soccer): 69%
    2. Basketball: 27%
    3. Olympics and Formula 1: 26% each
  • Majority of travellers extend their stays: • Arrive 1-3 days before the event • Stay 1-3 days after the event

Economic impact and opportunities

  • Sports tourism projected to reach US$1.33 trillion globally by 2032
  • Extended stays present opportunities for local businesses and tourism industry
  • Higher spending correlates with increased use of airport services

Christopher Evans, CEO of Collinson International, notes: "The growing and global fanbase that will travel to iconic sports and music events is looking for unforgettable experiences and are prepared to spend significantly to make their trip extra special. Fans are by definition synonymous with loyalty."

Key takeaways for travel agents

  1. Focus on comprehensive package deals, especially for Thai and Indian travellers
  2. Highlight airport experiences and lounge access in travel offerings
  3. Promote extended stay options to capitalise on pre- and post-event tourism
  4. Tailor packages for high-spending markets like Hong Kong and UAE
  5. Consider sports-specific packages, with emphasis on football, basketball, and major events like the Olympics and Formula 1
JDS Travel News JDS Viewpoints JDS Africa/MI