Start your engines. From Formula One races to the Summer Olympic Games, traveling to attend major sporting events is on the rise.
Sports tourism, because it’s called, is one in every of the fastest-growing sectors within the travel industry, based on the United Nations World Tourism Organization.
The market is very large, and only stands to grow, said Lisa Delpy Neirotti, professor and director at George Washington University’s Sport Management Program.
“The sport tourism market will proceed so long as recent opportunities to play and compete exist,” she said. “The numbers are in all places, so it is tough to get a superb figure. The biggest takeaway is that it is large and growing.”
Sport tourists spend money “by staying in hotel rooms, eating at restaurants, filling up gas tanks, shopping in local stores and visiting other tourism attractions,” noted Delpy Neirotti.
More skilled teams are playing in international locations, and their fans are following them, said Delpy Neirotti. This can bring attention to destinations through social media and word of mouth, she said.
“The Padres played in Mexico City and had an enormous fan base there — same for NFL in Germany or MLB in London,” she said. “It gives people or fans the rationale to plan a visit and travel.”
England fans rejoice in Brisbane, Australia on the FIFA Women’s World Cup on Aug. 07, 2023.
Justin Setterfield | Getty Images Sport | Getty Images
For some countries, these events are a chance to lift their international standing.
“Saudi Arabia — like China, Qatar and lots of others — are using sport to introduce their country — to not only attendees but all those watching the published or stream,” she told CNBC Travel.
Saudi Arabia, specifically, is investing heavily in sports, most notably in soccer and golf, recruiting high-profile athletes like Cristiano Ronaldo and Dustin Johnson to the dominion.
Critics argue that Saudi Arabia is doubling down on sports to curry global favor and rehabilitate its global image — a practice dubbed “sportswashing” which Saudi Crown Prince Mohammed bin Salman embraced during an interview with Fox News in September.
A significant goal of sports tourism is to extend travel, especially in slow or shoulder periods, said Delpy Neirotti.
Lewis Hamilton interacts with fans outside the paddock during Singapore’s F1 Grand Prix on Sept. 17, 2023.
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Marking the tip of summer travel, September is a classic “shoulder season” month. Yet Singapore saw hotel prices climb to $590 Singapore dollars ($440) during its annual Formula One race weekend, with most hotels exceeding 90% occupancy rates, based on hospitality and travel software company Adara – A Rate Gain Company.
“It’s noteworthy that some hotels are capable of command even higher rates, reaching as high as SG$800,” said Jay Wardle, president of Adara.
This 12 months, several countries hosted large-scale sporting competitions that attracted tourists from various corners of the globe, boosting the hosts’ economies.
The ICC Men’s Cricket World Cup, held from Oct. 5 to Nov. 19, was expected so as to add between 180 to 220 billion Indian rupees (around $2.1 to $2.6 billion) to India’s economy, based on an evaluation by The Bank of Baroda Economics Research department.
Fans of India on the ICC Men’s Cricket World Cup 2023 at Narendra Modi Stadium on Nov. 19, 2023.
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The nineteenth Asian Games held in China from Sept. 23 to Oct. 8 sold greater than 3 million tickets, which generated greater than 610 million yuan ($85 million) in revenue, based on Chinese media. Sales revenue of licensed merchandise brought in one other $107 million, and sponsorship income from 176 firms yielded a further $623 million, it said.
Meanwhile, FIFA President Gianni Infantino said in August that this 12 months’s Women’s World Cup, co-hosted by Australia and New Zealand, brought in greater than $570 million in revenue.
Indonesia hosted a leg of this 12 months’s MotoGP in October, while France organized the Rugby World Cup from August to September. Tennis’ Grand Slam tournaments attracted worldwide attention, as did the worldwide Formula One races — including the inaugural Las Vegas Grand Prix, which concluded on Nov. 18.
Nearly half (49%) of U.S. baseball fans plan to travel to a minimum of one MLB game this 12 months with 61% saying they might travel as much as 500 miles to achieve this, based on Booking.com.
In March, the corporate announced it had grow to be the official online travel partner of Major League Baseball — a deal which might help travelers find “ballpark-adjacent hotels” for such trips, based on a press release.
Booking.com is joining ranks with Major League Baseball to make it easier for traveling fans to seek out hotels near ballparks within the United States.
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Travel + Leisure Co. and Sports Illustrated Resorts announced plans to open a network of sports-themed resorts in American college towns. The first one is scheduled to open in Tuscaloosa, Alabama — home to the University of Alabama — in late 2025.
The travel experience booking website GetYourGuide said sports-themed bookings have increased 130% since 2019, with most booking coming from travelers within the U.K. (37%), the U.S. (20%), Germany (17%) and France (15%).
The hottest sports-related experiences this 12 months include tours of the U.K.’s McLaren Technology Centre, Boston’s Fenway Park and New York City’s Madison Square Garden, based on the corporate.
But some sports tourists want much more.
Luxury travel company AMPM charges yearly fees of $8,000 for a “standard membership” and $30,000 for a service-intensive “elite membership.”
For the worth, the corporate can secure members access to marquee events like New York’s Fashion Week and the U.S. Open, an organization representative told CNBC Travel.
No longer content with attending the Olympic Games, some fans want access to the Olympic Village and meet-and-greet sessions with participants.
Ryan Pierse | Getty Images Sport | Getty Images
“Other sports experiences we have now arranged for our members include F1 track experiences — including exclusive members-only paddocks access — NBA court-side tickets, locker room access,” said company co-founder Laurent Baud.
The company may also arrange helicopter rides and post-game field access to major sports events, she said.
Another company, GR8, also organizes once-in-a-lifetime luxury experiences for travelers. It’s already fielding requests for the 2024 Summer Olympics in France, including seats for the opening ceremony, access to the Olympic Village and meet-and-greet sessions with athletes and coaches, an organization representative told CNBC Travel.
The company organizes special access to the Kentucky Derby, Grand Slam tennis tournaments and the Super Bowl, based on its website.
But it recently set its sights on one other market.
“GR8 has been receiving many requests to bring sporting events to Asia with a few of an important institutions and corporations over there,” said Barnabas Carrega, GR8’s CEO and co-founder, adding that those include inquiries to carry NBA All-Star games within the continent.