Multisitio 2

PORTLAND, Ore., Jan. 26, 2021 /PRNewswire/ — Allied Market Research published a report, titled,«Ecotourism Market by Traveler Type (Solo and Group), Age Group (Generation X, Generation Y and Generation Z), and Sales Channel (Travel Agents and Direct): Global Opportunity Analysis and Industry Forecast, 2021–2027.»According to the report, the global ecotourism industry generated $181.1 billion in 2019, and is projected to garner $333.8 billion by 2027, witnessing a CAGR of 14.3% from 2021 to 2027.

Drivers, restraints, and opportunities

Increase in travel and tourism to unique destinations, inclination toward exploration of wildlife, coral reefs, and pristine undisturbed natural areas, and surge in focus on sustainability drive the global ecotourism market. However, low availability of accommodation and limited availability of quality and hygienic restaurants at destinations hinder the market growth. On the other hand, public-private partnerships in the form of subsidizing air routes to remote tourist destinations, improvement of transport capabilities, and providing ease of access create new opportunities in the coming years.

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Covid-19 Scenario

• Travel restrictions across the world hindered the exploration of new destinations, remote places, and sightseeing activities. The means ofpublic transportation such as buses, trains, and air were banned during the lockdown.
• Many destinations and tourist spots were closed down by governments to avoid gathering of people and prevent the spread of the coronavirus.
• Countries across the world have been building a more resilient tourism system during the post-Covid-19 pandemic period. Governments have been implementing structural transformation and offering financial stimulus for supporting the tourism sector.

The group segment to continue its leadership status throughout the forecast period

Based on traveler type, the group segment contributed to the highest market share, accounting for nearly four-fifths of the global ecotourism market in 2019, and will continue its leadershipstatus throughout the forecast period. This is due tosecurity concerns at new and unexplored destinations, low expenses while traveling in a group and shared interest and experiencesthat enable people tobonding together very quickly.However, the solo segment is expected to manifest the fastest CAGR of 15.9% from 2021 to 2027, owing tobenefits of being in charge of the whole travel schedule, possibility of gathering new experiences, prospects to meet new people, and gaining a sense of empowerment.

The generation Y segment to maintain its lead position during the forecast period

Based on age group, the generation Y segment accounted for the largest share in 2019, holding nearly three-fifths of the global ecotourism market, and is projected to maintain its lead position during the forecast period. This is due to preference toward spending on unique experiences rather than materialistic things and high environmental consciousness. However, the generation Z segment is expected to witness the highest CAGR of 15.6% from 2021 to 2027. This is attributed toimprovement of online channelsand digital marketing strategies to attract customers and unique, interactive, and social experiences sought by travelers.

North America to grow at the fastest CAGR

Based on region, North America is projected to witness the highest CAGR of 16.2% during the forecast period, owing tolarge number of environment-conscious travelers and rapid adoption of digital media to search and travel to new destinations. However, Asia-Pacific held the largest share in terms of revenue in 2019, accounting for nearly two-fifths of the global ecotourism market, and will maintain its dominance in terms of revenue by 2027. This is attributed topresence of large number of millennial travelers supported by increased disposable income and expansion of infrastructure.

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Leading market players

• Travel Leaders Group, LLC
• Aracari Travel
• FROSCH International Travel, Inc.
• Undiscovered Mountains Ltd.
• Adventure Alternative
• Intrepid Group Limited
• Rickshaw Travel Group
• G Adventures
• Steppes discovery
• Small World Journeys Pty. Ltd.

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Agritourism Market: Global Opportunity Analysis and Industry Forecast, 2021–2027

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SOURCE Allied Market Research

Milestone Cements the Brand’s Vision to Democratize Access to the Outdoors For All

SAN FRANCISCO, Jan. 26, 2021 /PRNewswire/ — AllTrails, the most trusted and used digital guide to the outdoors announced a substantial milestone – surpassing 1 million paid subscribers for its premium service, AllTrails Pro. Home to the largest collection of hand-curated trail guides, the outdoor recreation website and app also maintains a global community of over 25 million registered users.

Even prior to the pandemic, the outdoor sector was experiencing rapid year-over-year growth as more people turned to nature for mental and physical health. By May 2020, when pandemic lockdowns loosened, AllTrails saw an accelerated surge of usage as people reconnected with the outdoors. The company saw record-breaking growth continue through December, a contrast to the seasonal growth that is typical in the outdoor industry. While habit changes during the pandemic further accelerated business performance, the behavior also underscores the impact nature has on mental and physical health. 

«At AllTrails, we believe that everyone has a right to the outdoors, regardless of age, gender, ethnicity, or socioeconomic standing,» said Ron Schneidermann, CEO of AllTrails. «Our public lands are for everyone to enjoy and to experience the mental, physical, and emotional health benefits that come from spending time outside. This level of growth confirms that we are on the right path in leveraging technology to democratize access to the outdoors for all.»

To commemorate the milestone, AllTrails, a 1% For The Planet member, is partnering with One Tree Planted to plant 10 thousand trees – one thousand trees for each year AllTrails has served its global community of outdoor enthusiasts.

«AllTrails’ breakout growth is representative of a larger trend of people adopting new lifestyles and looking to the outdoors,» said Ben Spero, managing director at Spectrum Equity, a growth equity firm that is AllTrails’ majority shareholder. «It’s a rare accomplishment for a consumer subscription service to reach 1 million paid subscribers, and this milestone is a testament to the unique service AllTrails provides its community in helping connect them to the outdoors and to nature,» he added.

In the past year, AllTrails has achieved:

• One million AllTrails Pro subscribers
• Over 25 million cumulative registered users
• Nearly 130% year-over-year increase in daily active users
• Publishing of nearly 200 thousand trail guides
• Trail coverage in 190 countries, 30 territories, and all 7 continents

About AllTrails
AllTrails is the most trusted and used outdoors platform in the world. We help people explore the outdoors with hand-curated trail maps along with photos, reviews, and user recordings crowdsourced from our community of millions of registered hikers, mountain bikers, and trail runners in over 200 countries. AllTrails is frequently ranked as a top-5 Health and Fitness app and has been downloaded by over 30 million people worldwide.

For more information on AllTrails or the AllTrails iOS or Android mobile app please contact press@alltrails.com.

MEDIA CONTACT:
Meaghan Praznik
meaghan@alltrails.com

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SOURCE AllTrails

CHESTNUT RIDGE, N.Y., Jan. 26, 2021 /PRNewswire/ — BioHiTech Global, Inc. («BioHiTech» or the «Company») (NASDAQ: BHTG), a sustainable technology and services company, announced today it has received approximately $2 million in new Revolution Series™ food digesters purchase orders for 12 Carnival Cruise Lines ships and 2 Princess Cruises ships.  BioHiTech expects to fulfil the orders through the second quarter of 2021.

«Our continued strong relationship with the Carnival family of brands underscores their dedication to sustainable food waste management and the long-awaited re-launch of seafaring travel.  These additional orders are further testament to Carnival’s confidence and belief in BioHiTech’s sustainable food waste disposal solutions, which, together with our proprietary analytics platform are a cornerstone of food waste management planning,» commented Tony Fuller, BioHiTech’s Chief Executive Officer. 

The Revolution Series digesters, equipped with BioHiTech’s proprietary data analytics platform, are part of the Carnival umbrella’s comprehensive plan to limit food waste, achieve safe onboard disposal, and improve associated environmental outcomes.

About BioHiTech Global
BioHiTech Global, Inc. (NASDAQ: BHTG), is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. Our technologies for waste management include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. When used individually or in combination, our solutions lower the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage. In addition, we distribute a patented technology that achieves high-level disinfection of spaces such as classrooms, hotel or hospital rooms and other enclosed areas to combat the spread of viruses and bacteria without the use of harsh chemicals. Our unique solutions enable businesses, educational institutions and municipalities of all sizes to solve everyday problems in a smarter and more cost-effective way while reducing their impact on the environment. For more information, please visit www.biohitech.com.

Forward Looking Statements
Statements in this document contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These statements, including statements about the estimated contract value, additional purchase orders or deliveries, and the ability of the Company’s products to improve environmental outcomes and achieve corporate sustainability goals, are based on many assumptions and estimates and are not guarantees of future performance. These statements may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of BioHiTech Global, Inc. to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. BioHiTech Global, Inc. assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Our actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation those set forth as «Risk Factors» in our filings with the Securities and Exchange Commission («SEC»). There may be other factors not mentioned above or included in the BioHiTech’s SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. BioHiTech Global, Inc. assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.

Company Contact:
BioHiTech Global, Inc.
Lisa Giovannielli
VP, Corporate Communications
O: 888.876.9300
E: lgiovannielli@biohitech.com 
www.biohitech.com

Investors: 
ir@biohitech.com

Media:
pr@coreir.com

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SOURCE BioHiTech Global, Inc.