Leisure Travel Market Size, Share, Growth, Research Report 2023-28

In the fourth quarter, Gross VOI gross sales were $521 million in comparison with $432 million within the prior year interval and tours were 147,000 within the fourth quarter in comparability with 129,000 in the same period last 12 months. Volume Per Guest elevated 7% to $3,434 due to robust close rates and better quality excursions. Trips for leisure, recreation and vacation functions outdoors the standard surroundings are primarily undertaken for rest. It is the visitor who decides to take the tourist journey as an activity unconnected with his/her occupation, and the trip is often financed out of household funds. However, it is appreciated that workers and students will also participate in leisure activities and travel throughout such trips. © 2019 Europe Incoming – Provider of motels, European excursions and floor companies.

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