Tag: #SportsBiz

22Aug By Sports Tourism NewsNo Comments

Editor's Pick, Sports Business & Industry

Global sports tourism market to reach $957.91 billion by 2031 – report

Valued at $680.23 billion in 2025, the global sports tourism market is projected to increase from $721.60 billion in 2026 to $957.91 billion by 2031, according to a new report issued by Research and Markets.  The market is expected to register a compound annual growth rate (CAGR) of 6.09% during the 2026-2031 forecast period, supported by international sporting events, premium hospitality packages, active participation travel and expanding sports infrastructure. International sporting events strengthen travel demand A growing pipeline of international tournaments is creating sustained demand across the global sports tourism market. After co-hosting the FIFA World Cup in 2026, the United States is preparing to host major events such as the FIFA World Cup 2026 and the LA28 Olympic a...

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Sport Impact Summit 2024 Dubai

Scheduled to take place on 4-5 December 2024 at Atlantis, The Palm in Dubai, UAE, the Sport Impact Summit is aiming to bring together world-class athletes, sports organisations, sports teams, academics, the green finance community, and corporations in a bid to change the world through the power of sport. Global thought leaders, athletes, academics, and sustainability experts will gather to tackle pressing global challenges. And during the two-day summit, 1,500 attendees will gain valuable insights and opportunities for collaboration with like-minded individuals to positively impact the planet.  The event promises a cutting-edge and action-focused agenda providing insightful keynotes, panel discussions and deep-dive workshops. It also offers an unrivalled collection of speaking talent...

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31Aug By Sports Tourism NewsNo Comments

Events, Sports Business & Industry

Birmingham to host the 2024 SportAccord World Sport & Business Summit

The English city of Birmingham, which hosted the 2022 Commonwealth Games, has landed another big event: the 2024 SportAccord World Sport & Business Summit. Taking place at the International Convention Centre from 7-11 April 2024, the 18th edition of the sports business event will welcome more than 1,500 global sports leaders to “Brum”, including sport-related associations and companies, members from the International Olympic Committee, all the International Federations, and organisers of future Olympic and Paralympic Games and major events. The SportAccord World Sport & Business Summit will be held in the UK for the second time in its history after London hosted the summit in 2011. In an announcement, SportAccord said that Birmingham and the West Midlands secured its host ...

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5Apr By Sports Tourism NewsNo Comments

Events, Sports Business & Industry, Sports Travel

World Sports Tourism Congress: Catalonia event confirmed for November 2021

After being postponed in May last year, it has now been confirmed that the World Sports Tourism Congress is rescheduled for 25-26 November 2021. Organised by the World Tourism Organization (UNWTO) and the Catalan Tourist Board (Agència Catalana de Turisme), the event will be held in Lloret de Mar, Catalonia, Spain. In a statement on its website, the UNWTO said: “Sports tourism is one of the fastest growing sectors in tourism. More and more tourists are interested in sport activities during their trips whether sports are the main objective of travel or not. Sport events of various kinds and sizes attract tourists as participants or spectators and destinations try to add local flavours to them to distinguish themselves and provide authentic local experiences. Sports events can be a catalyst ...

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13Oct By Sports Tourism NewsNo Comments

Events, Hotels & Resorts, Sports Business & Industry, Sports Travel, Trips & Experiences, Venues & Stadiums

F1 Portuguese Grand Prix: motorsport fans get revved up for Algarve race

Motorsport fans could witness history at the next Formula 1 grand prix when it descends on the beautiful southern shoreline of the Algarve later this month.  Having equalled Michael Schumacher’s all-time record of 91 F1 victories by winning the Eifel GP at the Nürburgring, Lewis Hamilton could go one better with a win in Portugal and write a new chapter in the sport.  For that reason motorsport fans will be even more eager to say “I was there” if indeed Hamilton takes the checkered flag on 25 October.   This year the 2020 Portuguese GP takes place over 66 laps of the 4.684-kilometre Autodromo Internacional do Algarve in Portimão.  João Fernandes, president of Algarve Tourism, said: “Formula 1 has been absent from Portugal for 24 years and it is a prestigious inte...

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12Oct By Sports Tourism NewsNo Comments

Sports Business & Industry

Scottish Golf Tourism Week: 2020 event postponed and new dates announced for 2021

The fifth edition of Scottish Golf Tourism Week, which was due to take place in November, has now been postponed until 2021. This year’s event had been scheduled for 5-11 November, but the Covid-19 pandemic has forced organisers to amend their plans. The event at the Fairmont St Andrews will now take place from 30 March to 1 April 2021.  A statement read: “Following consultation with international tour operators faced with little prospect of being able to travel to Scotland, organisers have sought to postpone the event. The good news for the Scottish golf tourism industry is that new dates have now been announced with Scottish Golf Tourism Week now returning at the start of the 2021 golf season.” Tom Lovering, commercial director at PSP Media Group, added: “Scottish Golf Tour...

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26Sep By Sports Tourism NewsNo Comments

Sports Business & Industry, Sports Travel

An £84bn industry in crisis: surely jobs in events and MICE are ‘viable’?

In September the Chancellor of the Exchequer Rishi Sunak outlined the UK government’s “Winter Economy Plan” which will see the furlough scheme replaced and more support given to sectors hit hard by the impact of the Covid-19 pandemic.  While Sunak unveiled the new Job Support Scheme, which will launch on 1 November for six months, he also announced plans for business loans, VAT cuts and help for the self-employed.  The Treasury also said the new scheme will protect “viable jobs” in companies who are “facing lower demand over the winter months due to coronavirus”. So which jobs are deemed as “viable”. It’s a question many professionals across the UK are seeking answers for. Sky News business presenter Ian King asks: which are the workers who are most at risk of losing ...

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12Jul By Sports Tourism NewsNo Comments

Sports Travel

Sport + Travel Interview: Paddy Graham, Britain’s top Freeskier

Paddy Graham is Britain's top freeskier and has won the Battle of Britain London Freeze (2009, 2010 and 2012), Red Bull Playstreets and the Red Bull Tribal Quest in his career to date. He is also part of the ski-film collective 'Legs of Steel' which produces action sports feature films and TV documentaries. Paddy spends plenty of time in the air (in every sense of the word) making him a great candidate for our interview series. Newsletter: sign up for updates from Sports Tourism Media https://www.instagram.com/p/B-35n7-FfDi/ What was your most memorable sporting holiday and why? The first time I went skiing was with school on a trip to Vermont, USA - it was my first real experience on snow but not my most memorable, that would have to be Tignes, Fran...

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13Jun By Sports Tourism NewsNo Comments

Guides, Sports Business & Industry, Sports Travel

2020 #SportsBiz conferences: sports tourism and travel industry events

Sports business and sports tourism conferences are a huge driver for the travel industry. However, the sector has been hit hard this year by the coronavirus pandemic with many events cancelled, postponed or rescheduled. Here we look at the #SportsBiz events, conferences, exhibitions and awards scheduled to take place in 2020. All events are subject to change due to Covid-19. Sport + Travel Magazine: sign up for the free monthly digital publication 2020 sports calendar: major sporting events 2020 sports business calendar  December 2020 Business of Sport Summit When: 1-2 December 2020 Where: RACV City Club in Melbourne, Australia and delivered digitally Website: sportsleaders.com.au The Stadium Business Summit When: 1-3 December 2020 Where: online Website: stadiumbusinesssummit.com Maj...

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8May By Sports Tourism NewsNo Comments

Sports Business & Industry

World Football Summit and Brazil icon Ronaldo Nazário launch WFS Live virtual event

World Football Summit (WFS) has teamed up with legendary striker Ronaldo Nazário and Octagon Brasil to launch a four-day virtual conference - WFS Live powered by Octagon.  Taking place online from 6-9 July 2020, the football business event will see global leaders from the game come together to address the challenges and opportunities in the aftermath of the Covid-19 pandemic. According to a WFS statement executives from clubs, leagues, federations, broadcasters, agencies and sponsorship brands will “lay sound foundations for the sport to continue growing into a new era”. Newsletter: sign up for updates from Sports Tourism Media Brazilian icon Ronaldo Nazário, a two-time Fifa World Cup winner, is owner of Spanish La Liga club Real Valladolid and is also president of Octagon Brasil.  “T...

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5May By Sports Tourism NewsNo Comments

Sports Business & Industry

‘Economic catastrophe’: US sports industry to lose $12bn in revenues

Analysis by ESPN has found that the Covid-19 pandemic will cost the US sports industry $12bn in revenue and see the loss of hundreds of thousands of jobs. Describing the situation as an “economic catastrophe”, the broadcaster says the meltdown is “a fraction of the crisis spreading across the country”, but it is “nonetheless historic”. Patrick Rishe, from Washington University in St Louis, said: “As an economist, you stand back, you look at the carnage that’s taking place - dumbfounded, awestruck, mind-numbing. All of those phrases, they’re all relevant because we just have never seen anything on this scale.” Should the US college football and NFL schedules be wiped out by the pandemic this could see the economic damage double for the sports industry in the States.  The analysis predic...

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1May By Sports Tourism NewsNo Comments

Sports Business & Industry

Study reveals impact of Covid-19 on the UK snow sports and ski industry

A survey of UK snow sports and ski industry professionals has revealed the damage that the Covid-19 pandemic has had on their businesses. Published by Ski Press and Skipedia, the research was conducted online from 24-29 April 2020 and sectors represented include tour operators, travel agencies, retail, brands, ski slopes and media. As well as the impact of the coronavirus measures, the study looked at what the future might hold for the winter sports industry during the next 12 months.  Some of the key findings were:  82% of companies suffered reduced sales due to the premature end of the 2019-20 season, with two-thirds experiencing lower than usual sales for winter 2020-21 so far Almost one in five have made staff redundant and a quarter are concerned they could go out of business...

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26Apr By Sports Tourism NewsNo Comments

Events, Sports Business & Industry

Covid-19 impact study: only 53% of sports events in 2020 will be held and industry to lose $61.6bn in revenue

A study by international sports marketing firm Two Circles has predicted that only 53% of sports events in 2020 will now take place due to Covid-19. With the coronavirus pandemic forcing the cancellation or postponement of many events Two Circles also estimates that the interruption to live sports will see revenues drop from $135.3bn to $73.7bn - a $61.6bn deficit. Commenting on the study Gareth Balch, Two Circles CEO, said: “Sports properties are keen to return as soon as possible as the longer the sports calendar is on hiatus, the worse the financial impact will be. “However, sports should – and will – only return when it is deemed safe to do so, and with the support of all relevant government and medical authorities. Even hosting sports without crowds poses a complex challenge. “Com...

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26Apr By Sports Tourism NewsNo Comments

Sports Business & Industry

#SportsBiz events news: SportsPro Live 2020, Football Innovation Forum, World Football Summit Asia

SportsPro Live rescheduled SportsPro has announced that its flagship event, SportsPro Live, has been rescheduled due to the coronavirus pandemic.  The event will now take place at the Olympic Park in London from 17-18 September.  In an statement SportsPro said: “We can’t wait to reconnect [in person!] with the entire sports business network, at our official venues across the Queen Elizabeth Olympic Park in London.” 2020 sports business events: conferences, exhibitions, awards Newsletter: sign up for updates from Sports Tourism Media FIF20 and WFS Asia cancelled World Football Summit (WFS) has suspended all on-site events until July meaning that the Football Innovation Forum (FIF20) and WFS Asia will not be going ahead.  WFS said in a statement: “The coronavirus pandemic is posing an ...

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1Mar By Sports Tourism NewsNo Comments

Sports Business & Industry

March 2020 sports business events, conferences and exhibitions

There’s plenty of events on the #SportsBiz schedule in March 2020.  Highlights include SXSW’s sports conference in Austin, World Football Summit Africa in South Africa, Sport Events Congress in Canada, Sports Business European Congress in Barcelona, and The Scottish Golf Show in Glasgow. Here we take a look at the sports business and sports tourism conferences, events and exhibitions during the month. 2020 sports business and sports tourism calendar: events, conferences, exhibitions, awards Newsletter: sign up for updates from Sports Tourism Media #SportsBiz events in March 2020  Sportel Miami When: 3-6 March Where: Miami, Florida, USA Website: sportelamerica.com ITB Berlin What: the world’s largest travel show When: 4-8 March Where: Berlin, Germany Sport exhibitors: adventure, golf, ...

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2Feb By Sports Tourism NewsNo Comments

Sports Business & Industry

February 2020 sports business events and conferences

In February 2020 there's many sports business and sports tourism events being held across the UK, Europe, Asia and North America. There's also a new addition on the #SportsBiz event circuit with Global Sports Week Paris taking place in the French capital city for the first time. Here we look at the conferences, exhibitions and events in February. Related articles 2020 sports business and sports tourism calendar: events, conferences, exhibitions 2020 sports calendar: UK and global major sporting events and ticket details February 2020 #SportsBiz events ICE London When: 4-6 February Where: Excel, London, UK Website: icelondon.uk.com Global Sports Week Paris Theme: Making the future of sport When: 5-7 February Where: Les Salles du Carrousel, Louvre Museum, Paris Website: globalsport...

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7Jan By Sports Tourism NewsNo Comments

Sports Business & Industry, Sports Travel

Endeavor buys majority stake in NFL On Location Experiences 

Entertainment giant Endeavor has completed its takeover of NFL-backed On Location Experiences (OLE).  The deal sees Endeavor acquire a majority equity ownership stake while the NFL, through its strategic investment arm 32 Equity, will continue to be a minority shareholder and retain its seat on the board of directors. According to a news release, ex-Bloomberg, Westwood One and Time Inc executive Paul Caine will lead the newly-integrated entity. John Collins, OLE’s CEO for the past four years, will serve as an advisor to the company and Endeavor through the integration period.  Ariel Emanuel, CEO of Endeavor said: “By bringing together a leader like On Location with Endeavor’s access and reach, we can advance the way consumers and brands think about money-can’t-buy experiences.  “Partne...

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22Dec By Sports Tourism NewsNo Comments

Sports Business & Industry

Event focus: International Sports Convention London | June 2020

The International Sports Convention (ISC) will be held for the first time in London in 2020.  Previous editions of the event have taken place in mainland Europe, but from Wednesday 17 June to Thursday 18 June the Tottenham Hotspur Stadium makes its debut as host venue. Headlined as the “meeting place for sports business”, ISC London 2020 will feature seven conferences and three masterclasses.  Organisers predict there will be 1,500 delegates attending the event at the new Spurs stadium and more than 150 speakers will take part in the various conferences, masterclasses, round tables and networking sessions.  Nigel Fletcher, CEO of ISC, said: “The move to this unique entertainment and sporting venue will provide delegates around the world with the best possible sports business event expe...

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15Dec By Sports Tourism NewsNo Comments

Sports Business & Industry

Event focus: Global Sports Week Paris | February 2020 | Paris

More than 1,000 international leaders will be in Paris in February 2020 when the French capital city hosts its Global Sports Week. Taking place at the Louvre Museum’s Les Salles du Carrousel from 5-7 February, the main event of Global Sports Week Paris will see leaders, delegates and speakers discuss sports industry themes and trends.   The event’s official website says: “Sport has a two-way relationship with society. On one hand, it enjoys greater cultural and societal influence than ever before. The rise of the purpose economy, combined with the changing lifestyles of a new generation, is driving a new emphasis on sport’s capacity to positively impact the world.  “But the world itself is changing. And the forces of economic, technological and societal disruption are als...

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20Nov By Sports Tourism NewsNo Comments

Sports Business & Industry, Sports Travel

WSL Sydney Surf Pro in Manly to generate AUD$3.7m and 25,000 visitor nights

Manly beach in Sydney, Australia, will host the World Surf League’s newest event – the Sydney Surf Pro – for the next three years. The NSW Government, through its tourism and major events agency Destination NSW, has secured the event exclusively for Sydney as part of the new global WSL Challenger Series. The WSL Sydney Surf Pro will include men’s and women’s events and is locked in for Manly from 2020 to 2022, with the first event to take place between 8-14 March next year.  James Griffin, member for Manly, said: “Manly staged the first-ever world championships in May 1964, and in March this year our iconic four-kilometre beach attracted 11-time world champion Kelly Slater to compete. “Where better to kick off the WSL Challenger Series than in the hub of surf culture that is Manly?”  ...

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