Camping is a superb fit with the wants of the modern leisure economic system shopper. Affordable, authentic and with excessive natural amenity, this exercise is extremely shareable and offers great wellness potential. This shift is partially because of live occasion leaders AEG and Live Nation actively acquiring and corporatizing music festivals, shifting them from dangerous, climate-dependent presents to sustainable industrial merchandise. The world’s largest recurring music pageant, Coachella, grossed $114 million in 2017, up 21% yr on 12 months, and global pageant patronage has grown to an estimated 320 million people. L.E.K. observes a spread of leisure investment themes , which are supported by the six macro drivers. Furthermore, low-cost and increasingly high-fidelity cellular networks enable consumers to stay in constant contact and to submit wealthy media content freely.
Travel Expected To Be Popular Merchandise At This Week’s On-line Purchasing Occasion
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