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You are at:Home » How Can Hotels and Travel Brands Capture Market Share in the $554B Tours and Attractions to Cash In on the Experience Economy?
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How Can Hotels and Travel Brands Capture Market Share in the $554B Tours and Attractions to Cash In on the Experience Economy?

24 June 20256 Mins Read

  • How Can Hotels and Travel Brands Capture Market Share in the $554B Tours and Attractions to Cash In on the Experience Economy? – Image Credit DerbySoft   

As the tours and attractions market explodes toward unprecedented growth, connectivity platforms are becoming critical infrastructure. They enable hotels, OTAs, and travel agencies to capture their share of this massive opportunity.

The tours, tickets, and attractions sector is experiencing a seismic shift that extends far beyond simple digitization. With the global ticket market poised to surge by $554.2 billion between 2025-2029 at a remarkable 29.7% compound annual growth rate, this isn’t just recovery—it’s a revolution.

The numbers tell a compelling story of transformation. The tours and activities reservations market, valued at $179 billion in 2024, is projected to reach $264.4 billion by 2030. This 6.7% CAGR reflects fundamental changes in how travelers discover, book, and experience destinations. For an industry that lost approximately $23 billion in 2020 alone, this trajectory signals not just resilience but a complete reimagining of the travel commerce ecosystem.

So, how can travel companies fully capitalize on the burgeoning attraction economy? Despite significant growth potential, a critical infrastructure gap persists. According to recent industry research, connectivity remains an ongoing challenge for large and enterprise visitor attractions, as well as for resellers. Approximately half of large and enterprise attractions still rely on manual management of third-party bookings. They use outdated extranets and email systems that create operational inefficiencies and limit revenue optimization.

The data reveals a stark technology divide: while 44% of enterprise attractions use channel managers—API software that connects them to distribution partners—only 17% of attractions have adopted these essential tools. This connectivity gap represents millions in lost revenue opportunities as hotels struggle to offer seamless attraction booking experiences to their guests.

The Revenue Opportunity for Hotels and Travel Companies

The shift toward experiential travel has created substantial opportunities for revenue diversification across the travel ecosystem. Hotels, traditionally focused on accommodation revenue, are discovering that attraction partnerships and tour bookings can generate meaningful ancillary income streams while enhancing guest satisfaction and loyalty.

Consumer behavior has evolved significantly. Travelers increasingly seek personalized and unique experiences that provide authentic interactions with local culture and attractions. This demand creates perfect conditions for hotels and OTAs to position themselves as experience curators rather than simple accommodation providers.

The geographic distribution of growth reveals compelling opportunities. While the United States maintains a strong position at $46.7 billion in 2024, China emerges as a particularly dynamic market with an impressive 11.1% CAGR trajectory toward $64.7 billion by 2030. These regional variations create opportunities for sophisticated distribution strategies that leverage local market knowledge while maintaining global connectivity standards.

Technology Solutions Bridging the Gap

Several technology companies are working to address the connectivity challenges in the attractions space. DerbySoft, which provides connectivity services, AI-powered marketing, and content platforms, represents one approach to solving these distribution challenges for major hotel groups, independent properties, OTAs, and travel management companies.

Our connectivity solutions focus on simplifying ARI (Availability, Rates, and Inventory) management while enhancing communication between suppliers and distributors. For hotels and resellers, this provides access to attraction tickets, tours, and experiences through unified connection points, reducing integration costs while expanding inventory options for guests.

DerbySoft’s platform addresses the needs of various travel industry stakeholders through scalable connectivity architectures. We enable real-time booking updates, personalized recommendation engines, and analytics supporting revenue optimization strategies across multiple touchpoints.

Our integration of artificial intelligence represents a significant advancement in attraction distribution technology, supporting dynamic pricing strategies and personalized upselling opportunities that can significantly impact revenue per visitor. This enables pre-sales opportunities, targeted promotional campaigns, and sophisticated customer segmentation strategies previously impossible with traditional systems.

The Platform Approach

The success in the evolving attractions landscape requires more than point-to-point integrations. Comprehensive ecosystem approaches are becoming increasingly important. These enable real-time availability, rates, and inventory management while reducing operational overhead for both suppliers and distributors.

This ecosystem approach is particularly valuable for independent hotels seeking to compete with larger chains that may have more extensive concierge resources. Through integrated platforms, these properties can offer guests curated local experience packages that generate commission revenue while differentiating their service offerings.

Season pass programs and comprehensive experience packages that combine accommodation, dining, transportation, and attraction access can become more manageable through integrated platforms. This enables hotels and tour operators to capture greater wallet share while providing travelers with streamlined booking experiences.

The $554.2 Billion Future

As the tours, tickets, and attractions industry continues its trajectory toward digital-first operations, the companies that will capture disproportionate market share are those leveraging integrated platform solutions. Success requires a fundamental reimagining of how attractions, accommodations, and distribution partners collaborate to create seamless customer experiences.

Hotels that successfully integrate attraction partnerships through comprehensive connectivity platforms can expect meaningful improvements in guest satisfaction scores, average length of stay, and total revenue per available room. The key lies in selecting technology partners that provide ecosystem solutions rather than creating operational complexity through multiple point-to-point integrations.

The experience-centric economy represents not just market expansion but a fundamental restructuring of how travel commerce operates in an increasingly connected world. Companies positioned at the center of these emerging ecosystems—connecting major hotel groups, independent properties, OTAs, and travel management companies to the global attractions marketplace—stand to benefit from enhanced revenue streams, improved operational efficiency, and stronger customer relationships that drive long-term business success.

For travel industry leaders, the message is clear: the attraction economy’s explosive growth will be captured by those who embrace comprehensive connectivity solutions that transform fragmented booking processes into seamless, AI-powered experience platforms. In this rapidly evolving landscape, the companies building the infrastructure for travel commerce connectivity will play an increasingly critical role in determining which travel businesses thrive in the digital marketplace. 

How is your business preparing to capitalize on this experience-centric future?

About the Author

Duane Overgaard is the Divisional CEO, Hospitality, of DerbySoft. With over 30 years of experience in the hospitality industry, he has a diverse skill set that includes account management, business development, and contract negotiation. Duane has held various leadership positions at renowned companies such as Sabre Corporation, Wyndham International, and Hilton Hotels & Resorts, where he has demonstrated expertise in hotel management and marketing strategy. He is known for his strong team-building and competitive analysis skills. Duane is currently based in the Dallas area of the United States.

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