Responsible Tourism Market

One of the most critical trends in the travel industry today is responsible tourism. And with good reason: It's not only good for the planet, but it's also good for your wallet.

The responsible tourism market is expected to grow at a CAGR of **%, from $** billion in 2018 to $** billion by 2031. The market is being driven by rising awareness of the importance of responsible tourism, the need to protect natural resources, and the rising demand for sustainable travel practices from luxury hotels and resorts.

The responsible tourism market's primary challenge is opposition from specific segments of the population that do not want to pay more for eco-tourism trips. Another problem is that many people who run tourist spots don't fully understand responsible tourism or how to do it right.

The term was coined in the early 1990s, and there is an expanding body of literature on the subject. Understanding local culture and history, being mindful of natural resources, and promoting sustainable practices are all standard features of responsible tourism. There are four types of responsible tourism: cultural, eco-tourism, humanitarian aid, and special interest tours.

Traditional activities such as visiting religious sites or sampling traditional foods fall under the cultural category. Eco-tourism entails visiting natural areas designated as protected by law or by organizations such as the World Wildlife Fund (WWF). Humanitarian aid is concerned with assisting people affected by natural disasters or poverty. Special interest tours, such as paragliding in Costa Rica or whitewater rafting in Mexico, provide one-of-a-kind experiences.

IONITY (Germany), WOW Air (China), Expedia (USA), Airbnb (USA), TripAdvisor (USA), G Adventures (UK), and many more are critical players in the responsible tourism market.