• Sat. May 4th, 2024

Sports travel resulted in a spending of $52.2 billion.

BySamantha Nguyen

Apr 25, 2024
Sports travel resulted in a spending of $52.2 billion.

The sports travel sector experienced a total direct spending of $52.2 billion in 2023, with Americans taking a record 204.9 million sports event-related trips. The State of the Industry Report, shared by the Sports Events and Tourism Association (Sports ETA) at their conference in Portland, defines a sports traveler as someone attending an adult or youth amateur event or collegiate sports tournament, race, or other event.

The analysis, based on data from various sources, found that 63% of respondents considered youth and amateur sporting events as their top room night generator. With 73.5 million room nights generated in 2023, a 6.5% increase from 2019, the lodging sector accounted for 21% of all sports-related travel spending. This is significant as lodging taxes are a major funding source for most destination marketing organizations.

Sports ETA President & CEO John David highlighted the importance of sports tourism in the tourism industry, stating that sports have played a crucial role in sustaining the industry over the past few years. He emphasized the long-term impacts of sports tourism on communities and expressed optimism about the future of the sector.

According to SBJ research, over $1.5 billion was spent on building youth and amateur sports facilities from 2020-2023, with an additional $1.6 billion expected to be invested by the end of next year. The report also mentioned that the industry created 757,600 jobs and generated $20.1 billion in total tax revenue.

The study underscores the growth of the sports travel industry, as evidenced by the increase in Sports ETA membership in recent years. The report paints a positive picture of the industry’s prospects and highlights its significant contributions to the economy.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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