Running a glamping business is rising in popularity among investors and entrepreneurs. As a matter of fact, according to Statista Philippines, the glamping market in the Philippines is expected to reach a revenue of about Revenue in the Camping segment is projected to reach US$31.74m in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 71.85%, resulting in a projected market volume of US$276.80m by 2026.
In the Camping segment, the number of users is expected to amount to 2.5m users by 2026.
User penetration is 0.3% in 2022 and is expected to hit 2.1% by 2026.
The average revenue per user (ARPU) is expected to amount to US$95.95.
In the Camping segment, 59% of total revenue will be generated through online sales by 2026.
In global comparison, most revenue will be generated in the United States (US$21,580.00m in 2022).
This impressive growth is fuelled by travelers’ desire to stay in unique accommodation, while still having access to amenities and services that are not necessarily provided by a traditional camping business.
Considering this, starting a glamping business as an alternative to traditional vacation rental homes can be an excellent small business opportunity to explore in the next couple of years.