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Industry Landscape
The destination resort industry is currently experiencing a robust period, driven by increasing demand for experiential travel and personalized luxury. Post-pandemic, travelers prioritize outdoor activities, wellness, and unique, secluded destinations. Sustainability and technology integration are becoming crucial for competitive advantage. The market is consolidating, with major players acquiring independent resorts, but niche, all-season offerings continue to thrive.
Total Assets Under Management (AUM)
Market Size in United States
~320 Billion USD
(6.2% CAGR)
Growth is driven by: • Increased domestic tourism and outdoor recreational activities. • Rising disposable incomes and demand for luxury experiences. • Investment in resort infrastructure and diverse offerings.
Total Addressable Market
320 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Personalization
Leveraging artificial intelligence to offer highly customized guest experiences, from tailored activity recommendations to predictive service needs and dynamic pricing.
Sustainable Resort Technologies
Integrating advanced eco-friendly solutions like renewable energy, smart waste management, and water conservation systems to reduce environmental footprint and operational costs.
Virtual & Augmented Reality (VR/AR)
Utilizing immersive technologies for virtual tours, interactive resort maps, and enhanced in-destination experiences like gamified outdoor adventures or historical recreations.
Impactful Policy Frameworks
Great American Outdoors Act (2020)
The Great American Outdoors Act provides permanent funding for the Land and Water Conservation Fund (LWCF) and addresses maintenance backlogs in national parks and other public lands.
This policy increases opportunities for outdoor recreation near resorts, potentially boosting visitor numbers seeking access to enhanced public lands.
Infrastructure Investment and Jobs Act (2021)
This bipartisan infrastructure law allocates significant funding to improve roads, bridges, public transit, broadband internet, and clean water infrastructure across the U.S.
Improved regional infrastructure, particularly roads and broadband, will enhance accessibility for guests and support resort operations and remote work trends.
Clean Water Act Amendments (Ongoing Interpretations)
The Clean Water Act regulates pollutant discharges into U.S. waters and sets water quality standards, with ongoing revisions and interpretations affecting wetlands and other water bodies.
Stricter water quality and wetlands regulations can impact resort development and maintenance, particularly for properties like Tamarack situated on Lake Cascade.
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