From a macro perspective, bleisure is continuing to gain traction. According to Allied Market Research, the global bleisure travel industry was estimated to be worth US$315.3 billion in 2022 but is anticipated to grow to US$731.4 billion by 2032, registering a compound annual growth rate of 8.9 per cent.
Read More »Bleisure gaining popularity: FCM
‘Bleisure’ – the blend of business and leisure travel – is rising in popularity, with growing uptake among urban Indians, says FCM Travel Solutions’ latest findings of their global survey on Bleisure Travel. The report titled ‘Bleisure Report, India’ reveals that an increasing number of professionals in India are now extending their business trips for leisure, increasingly blurring the lines between business and leisure travel. Bleisure travel has recently become an unconventional employee perk in India with 65.5 per cent of respondents saying their employer allowed them to add leisure travel onto business trips. While Bleisure becomes a mainstream trend in the rest of the world, 27.6 per cent of Indian respondents say that their companies do not permit them to combine personal travel with their business trips, which is the highest among all countries. Speaking on the findings, Rakshit Desai, Managing Director, FCM Travel Solutions, Indian subsidiary of FCTG, Australia said, “Business travel has always been restricted and policy driven. While leisure travel, particularly outbound, has been niche with very low penetration. However, the survey has unlocked a remarkable trend called Bleisure. It is interesting to note that the lines between corporate and leisure travel are increasingly blurring. It would have looked very different, had we looked at this picture three or five years ago. There has been a significant change in the behaviour of corporate travel, since then.” Surveyed millennials (25-34 years old) had the highest appreciation for bleisure travel. They were also the most likely group to extend a business trip with colleagues (25 per cent), while 50 per cent of the respondents in age group of 50, would use the opportunity to travel with a family …
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