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Home › Industry Metrics › NAICS 487

NAICS 487 - Scenic and Sightseeing Transportation

NAICS 487 - SCENIC AND SIGHTSEEING TRANSPORTATION
NAICS 481 Air Transportation NAICS 482 Rail Transportation NAICS 483 Water Transportation NAICS 484 Truck Transportation NAICS 485 Transit and Ground Passenger Transportation NAICS 486 Pipeline Transportation NAICS 487 Scenic and Sightseeing Transportation NAICS 488 Support Activities for Transportation NAICS 491 Postal Service NAICS 492 Couriers and Messengers NAICS 493 Warehousing and Storage
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Industries in the Scenic and Sightseeing Transportation subsector utilize transportation equipment to provide recreation and entertainment. These activities have a production process distinct from passenger transportation carried out for the purpose of other types of for-hire transportation. This process does not emphasize efficient transportation; in fact, such activities often use obsolete vehicles,such as steam trains, to provide some extra ambience. The activity is local in nature, usually involving a same-day return to the point of departure. The Scenic and Sightseeing Transportation subsector is separated into three industries based on the mode: land, water, and other. Activities that are recreational in nature and involve participation by the customer,such as white-water rafting, are generally excluded from this subsector, unless they impose an impact on part of the transportation system. Charter boat fishing, for example, is included in the Scenic and Sightseeing Transportation, Water industry.

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Industries in the Scenic and Sightseeing Transportation subsector utilize transportation equipment to provide recreation and entertainment. These activities have a production process distinct from passenger transportation carried out for the purpose of other types of for-hire transportation. This process does not emphasize efficient transportation; in fact, such activities often use obsolete vehicles,such as steam trains, to provide some extra ambience. The activity is local in nature, usually involving a same-day return to the point of departure.

The Scenic and Sightseeing Transportation subsector is separated into three industries based on the mode: land, water, and other.

Activities that are recreational in nature and involve participation by the customer,such as white-water rafting, are generally excluded from this subsector, unless they impose an impact on part of the transportation system. Charter boat fishing, for example, is included in the Scenic and Sightseeing Transportation, Water industry.

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NAICS 48 Transportation and Warehousing
NAICS 487 Scenic and Sightseeing Transportation
NAICS 4871 Scenic and Sightseeing Transportation, Land
NAICS 48711 Scenic and Sightseeing Transportation, Land
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Industry trends

The Scenic and Sightseeing Transportation industry (NAICS 487) is experiencing notable trends shaped by various factors including technological advancements, sustainability, and changing consumer preferences. A significant qualitative trend is the increasing demand for eco-friendly and sustainable tourism options. Companies in this sector are investing in electric or hybrid boats and vehicles to appeal to environmentally-conscious travelers and to comply with stricter environmental regulations.

Another trend is the integration of technology to enhance customer experience. Augmented reality (AR) and virtual reality (VR) are becoming popular to provide immersive and interactive tours. This not only enhances the customer experience but also provides a competitive edge.

The rise of personalized and customized travel experiences is another trend. Consumers are looking for unique and individualized experiences rather than generic tours. Companies are responding by offering customizable tour packages, private tours, and exclusive experiences.

For the near future, the industry is expected to see a gradual recovery as travel restrictions ease and consumer confidence returns post-pandemic. There will be a focus on health and safety protocols to reassure travelers. Additionally, domestic tourism is likely to play a more significant role as people may prefer local or short-distance destinations over international travel.

Overall, companies that can successfully incorporate sustainability, technology, personalization, and safety into their services are expected to thrive in the evolving landscape of the Scenic and Sightseeing Transportation industry.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 0%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 3%

Loan Failure Rate 14%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 90%

Total Companies in this Industry 166
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Explore related industries

  • NAICS 487 Scenic and Sightseeing Transportation
  • NAICS 4871 Scenic and Sightseeing Transportation, Land
  • NAICS 4872 Scenic and Sightseeing Transportation, Water
  • NAICS 4879 Scenic and Sightseeing Transportation, Other
  • View all related industries

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