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Pack your jerseys. The era of 'sports tourism' is here - TL;DR CNBC

Pack your jerseys. The era of 'sports tourism' is here

Publishing timestamp: 2023-11-27 07:50:15


Summary

The article discusses the rise of sports tourism as one of the fastest-growing sectors in the travel industry. It highlights how sports events attract tourists who spend money on accommodations, dining, shopping, and other attractions. The article also mentions the use of sports by countries like Saudi Arabia to raise their international standing. It provides examples of large-scale sporting competitions that boosted host economies and mentions the popularity of sports-themed bookings and luxury experiences for sports tourists.


Sentiment: NEUTRAL

Tickers: BKNG

Keywords: holidays2024 olympic gamesnew york citycricketfrancehotels and resortsformula onemohammed bin salmanunited statestravelfifavacation costsluxury travellifestyleentertainmentfifa world cupqataradventure travelsaudi arabiatravel safetytourismeconomybusiness newsu.s. open tennis championshipsrugbyaccommodationsfamily travelchinanew york fashion weekmexico cityhospitality and leisure industrylifemen's cricketvacationsnew zealandgermanysportsnew yorkbooking holdings inctennis

Source: https://www.cnbc.com/2023/11/27/pack-your-jerseys-the-era-of-sports-tourism-is-here.html


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