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$ 3.28 Billion growth expected in Amusement Park Market | 1.38% YOY growth in 2021 amid COVID-19 Spread | North America to Notice Maximum Growth | Technavio


NEW YORK, May 12, 2021 /PRNewswire/ The global amusement park market by type (tickets, hospitality, merchandising, and others) and geography (North America, APAC, Europe, South America, and MEA) has been added to Technavio s offering. The global amusement park market is expected to grow by USD 3.28 billion, at a CAGR of almost 3% during 2021-2025.
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The steady rise in COVID-19 cases in 2020 resulted in the shutdown of various commercial spaces and parks. The pandemic also reduced the number of tourist footfalls, which negatively impacted the market growth. However, the market is expected to recover in 2021 as many countries across the region have started rolling out vaccines, which is resulting in a decline in the number of COVID-19. This is expected to result in an increased footfall in amusement parks, thereby fueling the market growth. ....

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Global Cultural Tourism Market 2020 Segmentation, Demand, Growth, Trend, Opportunity and Forecast to 2026


Global Cultural Tourism Market 2020 Segmentation, Demand, Growth, Trend, Opportunity and Forecast to 2026
A new market study, titled “Cultural Tourism Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Summary:
A new market study, titled “Cultural Tourism Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Overviwe:-
Cultural tourism refers to the involvement of travelers with the culture of a country or region, which includes lifestyle, history, religion, art, culture, and architecture. Tourism refers to travel by individuals to places of interest, domestic or international, and staying in such places for not more than one consecutive year for leisure, business, and other purposes such as wellness and pilgrimage. Tourism is one of the major sources of income for many countries and has a positive impact on the economy of the source and host countries. ....

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