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Ecotel Tourism Market

Explore FMI’s extensive coverage on the Ecotel Tourism Landscape, complete with key market trends and analyses across key geographies and segments

Ecotel Tourism Market by Booking Channel, Consumer Orientation, Tourist, Tour, Age Group, End User & Region - Forecast 2022 – 2032

Ecotel Tourism Market Outlook (2022-2032)

[291 Pages Report] The ecotel tourism market is estimated to reach US$ 470 Billion in 2022. As per the report, sales are forecast to increase at a robust 12% CAGR, with the market valuation reaching US$ 1459.75 Billion by 2032.

Attribute

Details

Global Ecotels Market Estimated Size (2022)

US$ 470 Billion

Global Ecotels Market Projected Size (2032)

US$ 1459.75Billion

Global Ecotels Market Value-based CAGR (2022-2032)

12 %

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2017-2021 Global Ecotels Market Outlook Compared to 2022-2032 Forecast

Ecotel is a new concept in hospitality that claims to work for environment preservation and protection. Hotels must have to pass a detailed inspection and satisfy standard criteria designed by environmental authorities to become eco-certified.

The Ecotel is a hallmark representing environmentally sustainable hotels, initiated by HVS, a global consulting giant in the hospitality sector. While most of the certifications about environmental sustainability emphasize building physical structures and hotels, Ecotel focuses more on the operational part of the hotels.

The Ecotel certification is based on five key areas – water conservation, energy conservation, employee environmental education, solid waste management, and environmental commitment. The Ecotel certification enables the hotel to become sustainable and green by involving the total value chain of architects, suppliers, employees, owners, operators, and guests.

Sustainable tourism is a broader concept; it covers all types of destinations and travel, from remote forests to bustling cities and from backpacking to luxury.

What are the Key Drivers of Ecotels in the Global Ecotels Market?

The concept of green tourism is becoming popular globally and this is expected to drive the market for Ecotel certification shortly. Most tourists and travelers across the globe are aware of the concept of Ecotel hotels. Hotel guests are becoming more conscious of environmental problems, and many among such guests have started considering these problems when choosing accommodation.

These tourists like to contribute to the act of environmental preservation. Ecotels are the trendsetters in the tourism and hospitality industry, where the hotel guests want to participate in green practices. The procedures and standards laid by eco-friendly Ecotel hotels are being implemented by most of the tourism wings such as resorts, hotels, restaurants, industrial catering, travel and trade, motels, etc. All these tourism wings encourage guest participation as well, which is expected to generate awareness about the Ecotel hotels and sustainable practices.

In Ecotel hotels, the concept of reducing, reusing, and recycling is strictly applied to water management. The usage of electricity is also reduced by the use of LED lamps, green buttons, fussy logic systems, etc. The rising awareness about global warming and other environmental ill effects among the tourists is generating the demand for Ecotels.

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What are the Challenges/Restraints faced by Ecotels in the Global Ecotels Market?

It is estimated that the construction cost of Ecotel hotels is approximately 10% - 15% higher than regular hotels. However, Ecotels try to consistently demonstrate a focused effort on waste reduction and increased operational efficiency. The extra features such as the green button, building management systems, sewage treatment plant, CFL and LED lamps, de-super heater, cool deck, fly ash bricks, vermicomposting pit, etc.

have to be incorporated during the initial stage of construction. This adds focus to the overall construction cost of the hotel. However, some leading global players are investing heavily in Ecotel hotels anticipating long-term savings and related benefits.

The tag of Ecotel hotels is expected to attract travelers and tourists who believe in the concept of responsible tourism. The strict environmental regulations and rules can act as a challenge for the construction of Ecotel hotels in environmentally sensitive areas as these hotels need to be constructed keeping in mind the eco norms of the local area.

Region Wise Insights

Why is APAC rising as the frontrunner in the Global Ecotel Market??

“APAC holds the highest share in the global Ecotel and it’s a flourishing sector”

The US is one of the countries which holds the highest share of the Global Ecotel market. The Luxury Hotel industry in the APAC is a flourishing sector. An increasing number of international sports events, trade fairs, and exhibitions are expected to contribute to inflows of international tourists and domestic tourist movement. The rise in the travel and tourism industry and changing patterns in the standard of living have led to progressive growth in the luxury hotel market trends. For example, The Orchid hotel is Asia’s first Ecotel five-star hotel located in Mumbai, India. Ecotel members realize great benefits as there is an improvement in the value of the business owing to heightened exposure in the market, better staff morale, and good control of operational expenses. Ecotel hotels also serve various traditions following eco-tourists, business travelers, and Fortune 500 companies that have advanced environmental programs as an integral part of their corporate cultures.

Why the demand for the Global Ecotel Industry market is rising in North America?

“The Global Ecotel industry market is rising due to the increasing inflow of international and domestic tourists”

The Global Ecotel industry in North America is a booming sector. An increasing number of international sports events, trade fairs, and exhibitions are expected to contribute to inflows of international tourists and domestic tourist movement. The rise in the travel and tourism industry and changing patterns in the standard of living have led to progressive growth in the luxury hotel market trends. Major factors such as rising purchasing power parity of domestic travelers, developing airline industry, increasing foreign tourist arrival and relaxed visa restrictions are driving the Global Ecotel Market over the forecast period.

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Category based Insights

Which Age Group is more likely to Travel?

“Popularity of ecotels among Middle-aged People Will Remain High”

26- 35 age grouped people are more likely to travel and it will remain the same, as the people of this age more like to get attracted and are ready to travel and they want to explore islands, new adventures experiences like scuba diving, water rafting, kayaking, surfing, etc. and visiting popular sites according to destination rating.

What Type of Booking Channel is the Most Prominent Channel?

“Online Booking is More Preferred by Tourists”

Tourists prefer to book online or use a mobile application platform. This is to provide hassle-free, digital payment transfer, live tracking, and enhanced security. In addition, online booking is becoming an increasingly popular approach worldwide, as travelers can use the Internet to search and compare information about vacation spots, accommodations, restaurants, and more.

What Tour Type is More Preferred by the tourist?

“Package travel is mostly preferred by the consumer”

Packaged travel is mostly chosen by the tourist because It is cheaper than traveling individually Packaged travel includes expenses of accommodations, transportation, sight entrance fee with heavy discount and offers.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players like Swart, Jetwing Surf, Garonga Safari Camp, El Nido Resorts, Soneva Kiri, Kachi Lodge, Three Camel Lodge, Pacuare Lodge, Bambu Indah, Karinji Eco Retreat, Rewa Lodge, Mashpi Lodge, among others.

  • The share of ecotels in the global hotel industry is further expected to scale up

Scope of Report

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

US$ Million for Value

Key Region Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, U.K., France, Spain, Italy, Russia, Benelux, South Africa, Northern Africa GCC Countries, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia & New Zealand.

Key Segments Covered

Booking Channel, Consumer Orientation, Tourist Type, Tour Type, Age Group, and Region.

Key Companies Profiled

  • Swart
  • Jetwing Surf
  • Garonga Safari Camp
  • El Nido Resorts
  • Soneva Kiri
  • Kachi Lodge
  • Three Camel Lodge
  • Pacuare Lodge
  • Bambu Indah
  • Karinji Eco Retreat
  • Rewa Lodge
  • Mashpi Lodge
  • Others

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Global Ecotels Market by Category

By Booking Channel, Global Ecotels Market is segmented as:

  • Phone Booking
  • Online Booking
  • In-Person Booking

By Tour Type, Global Ecotels Market is segmented as:

  • Domestic
  • International

By Tourist Type, Global Ecotels Market is segmented as:

  • Independent Traveler
  • Tour Group
  • Package Traveler

By Consumer Orientation, Global Ecotels Market is segmented as:

  • Men
  • Women
  • Children

By Age Group, Global Ecotels Market is segmented as:

  • 15-25 Years
  • 26-35 Years
  • 36-45 Years
  • 46-55 Years
  • 66-75 Years

Frequently Asked Questions

The Global Ecotels market is expected to reach a valuation of US$470 Billion in 2022.

The Global Ecotels market is anticipated to expand at a 12 % CAGR over the forecast period.

Leading players operating in the Global Ecotels are Swart, Jetwing Surf, Garonga Safari Camp, El Nido Resorts, Soneva Kiri, Kachi Lodge, Three Camel Lodge, Pacuare Lodge, Bambu Indah, Karinji Eco Retreat, Rewa Lodge, Mashpi Lodge, and others.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

        1.1.1. Who Is Travelling?

        1.1.2. How Much Do They Spend?

        1.1.3. Direct Contribution of Tourism To GDP

        1.1.4. Direct Contribution of Tourism To Employment

    1.2. Tourism Evolution Analysis

    1.3. FMI Analysis and Recommendations

2. Market Introduction

    2.1. Total Spending (US$ Mn) and Forecast (2022-2032)

    2.2. Number of Ecotels based Tourists (Mn) and Forecast (2022-2032)

    2.3. Total Spending Y-o-Y Growth Projections (2022-2032)

    2.4. Number of Ecotels based Tourists Y-o-Y Growth Projections

3. Global Tourism Industry Analysis

    3.1. Tourism Industry Overview

        3.1.1. Travel & Tourism Industry Contribution To Global GDP

            3.1.1.1. Business Spending v/s Leisure Spending

            3.1.1.2. Domestic v/s Foreign

            3.1.1.3. Direct, Indirect, and Induced

        3.1.2. Travel Sector Contribution To Global Overall Employment

        3.1.3. Travel & Tourism Growth Rate

        3.1.4. Foreign Visitor Exports As Percentage of Total Exports

        3.1.5. Capital Investment In Travel & Tourism Industry

        3.1.6. Different Components of Travel & Tourism

        3.1.7. Global Tourism Industry Outlook

            3.1.7.1. Cultural Tourism

            3.1.7.2. Culinary Tourism

            3.1.7.3. Eco/Sustainable Tourism

            3.1.7.4. Sports Tourism

            3.1.7.5. Spiritual Tourism

            3.1.7.6. Wellness Tourism

            3.1.7.7. Others

4. Global Ecotels Tourism Market Dynamics

    4.1. Market Drivers & Opportunities

        4.1.1. Rising Demand for Eco-Tourism Paving Path of Growth for Ecotels Tourism Market

        4.1.2. Fishermen and Local Economy Benefit from The Income Generated

        4.1.3. Others (during course study)

5. Market Background

    5.1. Top 10 Ecotels Tourism Market Companies

    5.2. Macro-Economic Factors

        5.2.1. Global GDP Growth Outlook

        5.2.2. Global Industry Value Added

        5.2.3. Global Consumer Spending Outlook

        5.2.4. Global Direct contribution of Travel & Tourism to GDP

        5.2.5. Global Visitor Exports and International Tourist Arrivals

        5.2.6. Capital Investment In Travel & Tourism

        5.2.7. Top Tourism Spending Countries

    5.3. Forecast Factors - Relevance & Impact

6. Categorizing of Global Ecotels Tourism Sector 2021

    6.1. Introduction/ Key Findings

    6.2. Current Market Analysis By Booking Channel (% of Demand)

        6.2.1. Phone Booking

        6.2.2. Online Booking

        6.2.3. In-Person Booking

    6.3. Current Market Analysis By Tourist Type (% of Demand)

        6.3.1. Domestic

        6.3.2. International

    6.4. Current Market Analysis By Tourist Type (% of Demand)

        6.4.1. Independent Traveller

        6.4.2. Tour Group

        6.4.3. Package Traveller

    6.5. Current Market Analysis By Consumer Orientation (% of Demand)

        6.5.1. Men

        6.5.2. Women

        6.5.3. Children

    6.6. Current Market Analysis By Age Group (% of Demand)

        6.6.1. 15-25 Years

        6.6.2. 26-35 Years

        6.6.3. 36-45 Years

        6.6.4. 46-55 Years

        6.6.5. 66-75 Years

    6.7. Current Market Analysis By Region (% of Demand)

        6.7.1. North America

        6.7.2. Latin America

        6.7.3. Europe

        6.7.4. East Asia

        6.7.5. South Asia

        6.7.6. Oceania

        6.7.7. MEA

    6.8. Key Findings, By Each Category

7. Categorizing of North America Ecotels Tourism Sector 2021

    7.1. Introduction/ Key Findings

    7.2. Current Market Analysis By Booking Channel (% of Demand)

        7.2.1. Phone Booking

        7.2.2. Online Booking

        7.2.3. In-Person Booking

    7.3. Current Market Analysis By Tourist Type (% of Demand)

        7.3.1. Domestic

        7.3.2. International

    7.4. Current Market Analysis By Tourist Type (% of Demand)

        7.4.1. Independent Traveller

        7.4.2. Tour Group

        7.4.3. Package Traveller

    7.5. Current Market Analysis By Consumer Orientation (% of Demand)

        7.5.1. Men

        7.5.2. Women

        7.5.3. Children

    7.6. Current Market Analysis By Age Group (% of Demand)

        7.6.1. 15-25 Years

        7.6.2. 26-35 Years

        7.6.3. 36-45 Years

        7.6.4. 46-55 Years

        7.6.5. 66-75 Years

    7.7. Current Market Analysis By Country (% of Demand)

        7.7.1. US

        7.7.2. Canada

    7.8. Key Findings, By Each Category

8. Categorizing of Latin America Ecotels Tourism Sector 2021

    8.1. Introduction/ Key Findings

    8.2. Current Market Analysis By Booking Channel (% of Demand)

        8.2.1. Phone Booking

        8.2.2. Online Booking

        8.2.3. In-Person Booking

    8.3. Current Market Analysis By Tourist Type (% of Demand)

        8.3.1. Domestic

        8.3.2. International

    8.4. Current Market Analysis By Tourist Type (% of Demand)

        8.4.1. Independent Traveller

        8.4.2. Tour Group

        8.4.3. Package Traveller

    8.5. Current Market Analysis By Consumer Orientation (% of Demand)

        8.5.1. Men

        8.5.2. Women

        8.5.3. Children

    8.6. Current Market Analysis By Age Group (% of Demand)

        8.6.1. 15-25 Years

        8.6.2. 26-35 Years

        8.6.3. 36-45 Years

        8.6.4. 46-55 Years

        8.6.5. 66-75 Years

    8.7. Current Market Analysis By Country (% of Demand)

        8.7.1. Brazil

        8.7.2. Mexico

        8.7.3. Argentina

        8.7.4. Colombia

        8.7.5. Rest of LA

    8.8. Key Findings, By Each Category

9. Categorizing of Europe Ecotels Tourism Sector 2021

    9.1. Introduction/ Key Findings

    9.2. Current Market Analysis By Booking Channel (% of Demand)

        9.2.1. Phone Booking

        9.2.2. Online Booking

        9.2.3. In-Person Booking

    9.3. Current Market Analysis By Tourist Type (% of Demand)

        9.3.1. Domestic

        9.3.2. International

    9.4. Current Market Analysis By Tourist Type (% of Demand)

        9.4.1. Independent Traveller

        9.4.2. Tour Group

        9.4.3. Package Traveller

    9.5. Current Market Analysis By Consumer Orientation (% of Demand)

        9.5.1. Men

        9.5.2. Women

        9.5.3. Children

    9.6. Current Market Analysis By Age Group (% of Demand)

        9.6.1. 15-25 Years

        9.6.2. 26-35 Years

        9.6.3. 36-45 Years

        9.6.4. 46-55 Years

        9.6.5. 66-75 Years

    9.7. Current Market Analysis By Country (% of Demand)

        9.7.1. Germany

        9.7.2. Russia

        9.7.3. France

        9.7.4. Italy

        9.7.5. UK

        9.7.6. Rest of Europe

    9.8. Key Findings, By Each Category

10. Categorizing of East Asia Ecotels Tourism Sector 2021

    10.1. Introduction/ Key Findings

    10.2. Current Market Analysis By Booking Channel (% of Demand)

        10.2.1. Phone Booking

        10.2.2. Online Booking

        10.2.3. In-Person Booking

    10.3. Current Market Analysis By Tourist Type (% of Demand)

        10.3.1. Domestic

        10.3.2. International

    10.4. Current Market Analysis By Tourist Type (% of Demand)

        10.4.1. Independent Traveller

        10.4.2. Tour Group

        10.4.3. Package Traveller

    10.5. Current Market Analysis By Consumer Orientation (% of Demand)

        10.5.1. Men

        10.5.2. Women

        10.5.3. Children

    10.6. Current Market Analysis By Age Group (% of Demand)

        10.6.1. 15-25 Years

        10.6.2. 26-35 Years

        10.6.3. 36-45 Years

        10.6.4. 46-55 Years

        10.6.5. 66-75 Years

    10.7. Current Market Analysis By Country (% of Demand)

        10.7.1. China

        10.7.2. Japan

        10.7.3. South Korea

    10.8. Key Findings, By Each Category

11. Categorizing of South Asia Ecotels Tourism Sector 2021

    11.1. Introduction/ Key Findings

    11.2. Current Market Analysis By Booking Channel (% of Demand)

        11.2.1. Phone Booking

        11.2.2. Online Booking

        11.2.3. In-Person Booking

    11.3. Current Market Analysis By Tourist Type (% of Demand)

        11.3.1. Domestic

        11.3.2. International

    11.4. Current Market Analysis By Tourist Type (% of Demand)

        11.4.1. Independent Traveller

        11.4.2. Tour Group

        11.4.3. Package Traveller

    11.5. Current Market Analysis By Consumer Orientation (% of Demand)

        11.5.1. Men

        11.5.2. Women

        11.5.3. Children

    11.6. Current Market Analysis By Age Group (% of Demand)

        11.6.1. 15-25 Years

        11.6.2. 26-35 Years

        11.6.3. 36-45 Years

        11.6.4. 46-55 Years

        11.6.5. 66-75 Years

    11.7. Current Market Analysis By Country (% of Demand)

        11.7.1. India

        11.7.2. Malaysia

        11.7.3. Indonesia

        11.7.4. Thailand

        11.7.5. Philippines

        11.7.6. Rest of SA

    11.8. Key Findings, By Each Category

12. Categorizing of Oceania Ecotels Tourism Sector 2021

    12.1. Introduction/ Key Findings

    12.2. Current Market Analysis By Booking Channel (% of Demand)

        12.2.1. Phone Booking

        12.2.2. Online Booking

        12.2.3. In-Person Booking

    12.3. Current Market Analysis By Tourist Type (% of Demand)

        12.3.1. Domestic

        12.3.2. International

    12.4. Current Market Analysis By Tourist Type (% of Demand)

        12.4.1. Independent Traveller

        12.4.2. Tour Group

        12.4.3. Package Traveller

    12.5. Current Market Analysis By Consumer Orientation (% of Demand)

        12.5.1. Men

        12.5.2. Women

        12.5.3. Children

    12.6. Current Market Analysis By Age Group (% of Demand)

        12.6.1. 15-25 Years

        12.6.2. 26-35 Years

        12.6.3. 36-45 Years

        12.6.4. 46-55 Years

        12.6.5. 66-75 Years

    12.7. Current Market Analysis By Country (% of Demand)

        12.7.1. Australia

        12.7.2. New Zealand

    12.8. Key Findings, By Each Category

13. Categorizing of Middle East and Africa Ecotels Tourism Sector 2021

    13.1. Introduction/ Key Findings

    13.2. Current Market Analysis By Booking Channel (% of Demand)

        13.2.1. Phone Booking

        13.2.2. Online Booking

        13.2.3. In-Person Booking

    13.3. Current Market Analysis By Tourist Type (% of Demand)

        13.3.1. Domestic

        13.3.2. International

    13.4. Current Market Analysis By Tourist Type (% of Demand)

        13.4.1. Independent Traveller

        13.4.2. Tour Group

        13.4.3. Package Traveller

    13.5. Current Market Analysis By Consumer Orientation (% of Demand)

        13.5.1. Men

        13.5.2. Women

        13.5.3. Children

    13.6. Current Market Analysis By Age Group (% of Demand)

        13.6.1. 15-25 Years

        13.6.2. 26-35 Years

        13.6.3. 36-45 Years

        13.6.4. 46-55 Years

        13.6.5. 66-75 Years

    13.7. Current Market Analysis By Country (% of Demand)

        13.7.1. Turkey

        13.7.2. South Africa

        13.7.3. UAE

        13.7.4. Egypt

        13.7.5. Jordan

        13.7.6. Rest of MEA

    13.8. Key Findings, By Each Category

14. Competition Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Competition Deep Dive

        14.3.1. Swart

            14.3.1.1. Overview

            14.3.1.2. Service Portfolio

            14.3.1.3. Strategy Overview/campaigns

        14.3.2. Jetwing Surf

            14.3.2.1. Overview

            14.3.2.2. Service Portfolio

            14.3.2.3. Strategy Overview/campaigns

        14.3.3. Garonga Safari Camp

            14.3.3.1. Overview

            14.3.3.2. Service Portfolio

            14.3.3.3. Strategy Overview/campaigns

        14.3.4. El Nido Resorts

            14.3.4.1. Overview

            14.3.4.2. Service Portfolio

            14.3.4.3. Strategy Overview/campaigns

        14.3.5. Soneva Kiri

            14.3.5.1. Overview

            14.3.5.2. Service Portfolio

            14.3.5.3. Strategy Overview/campaigns

        14.3.6. Kachi Lodge

            14.3.6.1. Overview

            14.3.6.2. Service Portfolio

            14.3.6.3. Strategy Overview/campaigns

        14.3.7. Three Camel Lodge

            14.3.7.1. Overview

            14.3.7.2. Service Portfolio

            14.3.7.3. Strategy Overview/campaigns

        14.3.8. Pacuare Lodge

            14.3.8.1. Overview

            14.3.8.2. Service Portfolio

            14.3.8.3. Strategy Overview/campaigns

        14.3.9. Bambu Indah

            14.3.9.1. Overview

            14.3.9.2. Service Portfolio

            14.3.9.3. Strategy Overview/campaigns

        14.3.10. Karinji Eco Retreat

            14.3.10.1. Overview

            14.3.10.2. Service Portfolio

            14.3.10.3. Strategy Overview/campaigns

        14.3.11. Rewa Lodge

            14.3.11.1. Overview

            14.3.11.2. Service Portfolio

            14.3.11.3. Strategy Overview/campaigns

        14.3.12. Mashpi Lodge

            14.3.12.1. Overview

            14.3.12.2. Service Portfolio

            14.3.12.3. Strategy Overview/campaigns

        14.3.13. Other Players (As Per Request)

            14.3.13.1. Overview

            14.3.13.2. Service Portfolio

            14.3.13.3. Strategy Overview/campaigns

15. Social Media Sentimental Analysis

    15.1. Social Media Platforms Preferred

        15.1.1. Facebook

        15.1.2. YouTube

        15.1.3. Instagram

        15.1.4. Twitter

        15.1.5. LinkedIn

        15.1.6. Pinterest

        15.1.7. Google+

        15.1.8. Others

    15.2. Perceptions on the Proposed Ecotels Tourism Sector Tour Package

    15.3. Trending #Hashtags

    15.4. Social Media Platform Mentions (% of Total Mentions)

    15.5. Trending Subject Titles

    15.6. Others (during course study)

16. Assumptions and Acronyms Used

17. Research Methodology

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Ecotel Tourism Market