In short Solo Travel means the travel undertaken by a solo person who can be either single or in a relationship. Solo travel services provides a proper guidance, accommodations, and facilities for such travelers. Solo travelers can be travel alone but also in a group. Solo travel can be in line with a personís way of life. It can also be a trip someone makes once in a lifetime, at a crossroads in life (divorce, retirement) or to pursue a personal dream (pilgrimage, climbing a mountain).
Highlights from Solo Travel Service Market Study
|Unit||Value (USD Million)|
The key Vendors profiled in the report are Exodus Travel (United Kingdom), G Adventures (Canada), Ftlo Travel (Canada), Weroad Travel (United Kingdom), EL Camino Travel (United States), Overseas Adventure Travels (United States), Wild Women Expeditions (Canada), Intrepid Travel (Australia), Flashpack (United Kingdom) and Solos Holidays (United Kingdom). Additionally, other players that are part of this comprehensive study are Contiki (United States), Encounter Travel (Australia), Singles Travel International (United States) and Go Ahead Travel (United States).
Geographic Breakdown and Segment Analysis
The Global Solo Travel Service market presents a comprehensive analysis of the Solo Travel Service market by product type (Long Term Solo Trip Service and Short Term Solo Trip Service), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Solo Travel Service industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the holds majority of market share of the Solo Travel Service market
Analyst at AMA have segmented the market study of Global Solo Travel Service market by Type, Application and Region.
Influencing Trend:Growing Virtual Reality Tourism Platform and Rising Number of Internet Browsing Related Travel and Tourism
Market Growth Drivers:Rising Number of Solo Traveling Enthusiasts over the World, Rising Number of Business and Corporate Related Traveling and Individuals Focusing towards Solitude, Freedom and Self Development
Challenges:Lack of Skilled Guides Providing Proper Information about Solo Travelling and Lack of Providing Proper Safety Travel Equipment
Restraints:High Cost Expenses Associated with Solo Travel Service
Opportunities:Increasing Number of Travel and Tourism Software Applications and Continuous Growth in Transportation Infrastructure
On 22 March 2022, Adventure group travel company, WeRoad, has officially launched in the UK, taking small groups of solo travellers, starting from as low as a £200 booking deposit.The travel industry faced massive challenges during the past two years and WeRoad was no exception. As the pandemic hit in March 2020, the company had two options, freeze their operations, and look to survive, or pivot their business model in another direction and thrive during lockdown.
The market for Solo Travel Service is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as service innovation and using various marketing strategies to gain a higher market share.
Key Target AudienceSolo Travel Service Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others