Tourism Breaking News
Fanatic Sports, the Joint Exclusive Sales Agent of MATCH Hospitality in India for the sale of the FIFA World Cup Qatar 2022™ Official Hospitality Programme is estimating an exponential revenue growth for the showpiece international men’s football championship, to be held in Qatar.
“Indian market for official hospitality is approximately 4-5% of the global market and Fanatic Sports is expecting to contribute to more than 50% of this ever-rising market scenario in India. As Official Hospitality Programmes are becoming a key part of corporate entertainment, rising income levels, a whole new generation of young aspirants and passionate sports fans indicate that people not only have the knowledge but also want to build lifelong memories. We identified this opportunity and pioneered in curating this once in a lifetime experience,” says Raghav Gupta, Founder and CEO of Fanatic Sports.
According to industry estimates, the global sports industry is more than Rs 600 billion and with India moving to the concept of experiential tourism this has resulted in redefining how Indians traditionally watched sports. This year’s FIFA World Cup will be value for money as one can enjoy complete match experience along with food, beverages and lounge access.
“Sports experiential market in India has huge potential. Despite pandemic impacting travel, we have seen a steady rise in Indian sports fans wanting to travel for such experiential travels. In 2018, the hospitality sports revenue business had generated close to Rs 80 crore but this time we are expecting India to be among the highest revenue generators for the FIFA World Cup Qatar 2022™,” said John Parker, Director at MATCH Hospitality AG, appointed as the worldwide Exclusive Rights Holder of the Official Hospitality Programme for the FIFA World Cup Qatar 2022.
