Press Release

Bleisure Travel Market to Grow with a CAGR of 11.9% through 2029

Increasing demand for flexible work arrangements and the blurring lines between work and leisure are factors driving the global bleisure travel market in the forecast period 2025-2029.

 

According to TechSci Research report, “Bleisure Travel Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Bleisure Travel Market stood at USD 935.8 Billion in 2023 and is anticipated to grow with a CAGR of 11.9% in the forecast period, 2025-2029. The bleisure travel market encompasses a broad spectrum of activities that integrate business and leisure components. Traditionally, business trips were considered solely for work purposes, with little room for leisure. However, the changing dynamics of the global workforce, coupled with an increased focus on work-life balance, have paved the way for the emergence of bleisure travel.

The bleisure travel market, born out of the changing dynamics of the global workforce, continues to evolve as professionals seek a more balanced and enriching travel experience. The trends shaping this market, from the rise of remote work to a focus on wellness and sustainability, reflect the broader shifts in consumer preferences.

 

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The widespread adoption of remote work globally has significantly fueled the expansion of bleisure travel. With professionals now having the flexibility to work from any location, the boundaries between business and leisure trips have become increasingly blurred. This ongoing trend is anticipated to continue, resulting in a heightened demand for bleisure travel services. Health and wellness have emerged as essential aspects of the bleisure travel experience. Business travelers are increasingly seeking destinations and services that prioritize relaxation, rejuvenation, and overall well-being. Consequently, wellness tourism offerings have become integrated into the bleisure travel market.

The bleisure travel market offers substantial opportunities for expansion on a regional scale. Emerging economies, characterized by a growing middle class and an increasing number of business professionals, are poised to contribute significantly to market growth. Adapting services to cater to the diverse preferences and demands of different regions will be essential for capitalizing on these opportunities. Continuous innovation in service offerings is critical for maintaining competitiveness in the bleisure travel market. This involves developing unique experiences, loyalty programs, and technology-driven solutions tailored to the evolving needs of bleisure travelers. Augmented reality (AR) and virtual reality (VR) experiences may introduce a fresh dimension to the market.

Rooted in the evolving dynamics of the global workforce, the bleisure travel market continues to evolve as professionals seek more balanced and enriching travel experiences. The trends influencing this market, including the shift towards remote work and a focus on wellness and sustainability, mirror broader changes in consumer preferences. Despite persistent challenges such as corporate policies and infrastructure constraints, the market's growth prospects lie in regional expansion, innovative service offerings, and collaborative partnerships. The recovery from the COVID-19 pandemic remains a significant factor influencing the trajectory of the bleisure travel market. As businesses and travelers adapt to the new normal, the bleisure travel market is positioned for growth, driven by the desire for flexibility, personalized experiences, and a holistic approach to combining professional and leisure pursuits. Successfully navigating challenges and seizing emerging opportunities will shape the future landscape of the bleisure travel market.

The global Bleisure Travel market is segmented into tour type, travel type, booking channel and region.

In terms of tour type in the bleisure travel market, the group segment categorized by tour type is the fastest-growing segment due to several factors. Group travelers often seek combined business and leisure experiences, making them prime candidates for bleisure trips. Additionally, group travel offers economies of scale, making it more cost-effective for businesses and travelers alike. Furthermore, group dynamics foster social interactions and networking opportunities, enhancing the overall travel experience. These factors contribute to the rapid growth of the group segment within the bleisure travel market.

 

Major companies operating in global Bleisure Travel market are:

  • American Express Company
  • Expedia, Inc.
  • BCD Travel Services B.V.
  • Travel Leaders Group Holdings, LLC
  • JTB Corp.
  • CT Travel Group Ltd
  • Satguru Travel And Tourism Private Limited
  • AVIAREPS AG
  • CWT Global B.V.
  • World Travel Holding UK   

           

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“The Bleisure Travel Market is experiencing robust growth, fueled by changing work patterns and an increasing desire for integrated travel experiences. The convergence of business and leisure travel has become a prominent trend, with professionals seeking a more holistic approach to their trips. The rise of remote work, coupled with a focus on wellness and sustainable practices, has further propelled the market forward. As businesses adapt to flexible travel policies, and travelers seek personalized, technology-driven solutions, the Bleisure Travel Market is poised for continued expansion, presenting ample opportunities for innovation and regional development in the evolving landscape of travel.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Bleisure Travel Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Tour Type (Solo, Group), By Travel Type (Domestic, International), By Booking Channel (Online, Offline), By Region, By Competition, 2019-2029F, has evaluated the future growth potential of global Bleisure Travel market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Bleisure Travel market.

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Bleisure Travel Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Tour Type (Solo, Group), By Travel Type (Domestic, International), By Booking Channel (Online, Offline), By Region, By Competition 2019-2029

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Increasing demand for flexible work arrangements and the blurring lines between work and leisure are factors driving the global bleisure travel market in the forecast period 2025-2029

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