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Understanding business travel deductions

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IRS Tax Tip 2023-15, February 7, 2023

Whether someone travels for work once a year or once a month, figuring out travel expense tax write-offs might seem confusing. The IRS has information to help all business travelers properly claim these valuable deductions.

Here are some tax details all business travelers should know

Business travel deductions are available when employees must travel away from their  tax home  or  main place of work  for business reasons. A taxpayer is traveling away from home if they are away for longer than an ordinary day's work and they need to sleep to meet the demands of their work while away.

Travel expenses  must be ordinary and necessary. They can't be lavish, extravagant or for personal purposes.

Employers can deduct travel expenses paid or incurred during a  temporary work assignment  if the assignment length does not exceed one year.

Travel expenses for  conventions  are deductible if attendance benefits the business. There are special rules for conventions held  outside North America .

Deductible travel expenses include:

• Travel by airplane, train, bus or car between your home and your business destination.
• Fares for taxis or other types of transportation between an airport or train station and a hotel, or from a hotel to a work location.
• Shipping of baggage and sample or display material between regular and temporary work locations.
• Using a personally owned car for business.
• Lodging and  meals .
• Dry cleaning and laundry.
• Business calls and communication.
• Tips paid for services related to any of these expenses.
• Other similar ordinary and necessary expenses related to the business travel.

Self-employed individuals or farmers with travel deductions

• Those who are self-employed can deduct travel expenses on  Schedule C (Form 1040), Profit or Loss From Business (Sole Proprietorship) .
• Farmers can use  Schedule F (Form 1040), Profit or Loss From Farming .

Travel deductions for the National Guard or military reserves

National Guard or military reserve servicemembers can claim a deduction for unreimbursed travel expenses paid during the  performance of their duty .

Recordkeeping

Well-organized records  make it easier to prepare a tax return. Keep records such as receipts, canceled checks and other documents that support a deduction.

Subscribe to IRS Tax Tips

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Planning to Combine Business and Leisure Travel? You’re Not Alone.

As employees increasingly add leisure time to their business trips, companies are trying to figure out where their duty of care obligations begin and end.

Credit... Aart-Jan Venema

Supported by

By Amy Zipkin

• April 7, 2024

On a Sunday in late January, Melinda Buchmann, who lives in Florida and supervises client relations for RevShoppe, a 30-person remote company advising organizations on sales techniques and strategies, arrived in Banff, Alberta, to help set up a four-day company meeting.

The last day of the event, her husband, Josh, a director of strategic partnerships for the delivery company DoorDash , who also works remotely, joined her. They spent two leisurely days hiking in Banff National Park and visiting Lake Louise.

“I take advantage, because I don’t know when I’m going to return,” Ms. Buchmann said of the decision to combine downtime with a business trip.

As postpandemic work life has changed, and arrangements now include full-time office attendance as well as hybrid and remote work, so, too, has business travel. The phenomenon known as bleisure, or blended business and leisure travel, was initially embraced largely by digital nomads . But such combined travel is now also popular with people outside that group . Allied Market Research, a subsidiary of Allied Analytics, based in Portland, Ore., estimated that the bleisure travel market was $315.3 billion in 2022 and would reach $731.4 billion by 2032.

As employees increasingly add leisure time to their business trips, companies are struggling to determine where their legal obligation to protect employees from harm — their so-called duty of care — begins and ends. And workers may think that because their trip started with business, they will get all the help they need if something goes wrong on the leisure end. Instead, they should generally consider the leisure part of a trip as a regular vacation where they cover all expenses and contingencies.

Companies are responsible for knowing where their employees are during a business trip, covering expenses if an accident or emergency occurs, securing new lodging if a hotel is damaged, even swapping out a broken down rental car. Still, it’s not entirely clear if that coverage ends completely after the conference or the last client meeting.

Companies recognize that threats are increasing, said Robert Cole, senior research analyst focusing on lodging and leisure travel at Phocuswright, a market research company. They are trying to figure out how to take care of a valuable company resource, the employee, without leaving themselves open to financial risk or potential litigation.

“Crafting a comprehensive policy that balances business objectives, employee well-being and legal considerations can be challenging,” Nikolaos Gkolfinopoulos, head of tourism at ICF, a consulting and technology services company in Reston, Va., wrote in an email.

Employees may be on their own without realizing it and may be surprised by out-of-pocket expenses if they require hospital care abroad or evacuation, said Suzanne Morrow, chief executive of InsureMyTrip , an online insurance travel comparison site in Warwick, R.I.

Ms. Morrow said medical coverage provided by a company “is generally only for the dates of the actual business trip abroad.” If travelers are extending the trip for personal travel, she added, “they would want to secure emergency medical coverage for that additional time abroad.”

Employers and employees are left to figure out when the business portion of the trip ends and the leisure segment begins, a significant detail if an employee has a medical emergency. “Where does the corporation liability end?” said Kathy Bedell, senior vice president at BCD Travel, a travel management company.

Companies have varying policies to deal with the new travel amalgam. The chief executive of RevShoppe, Patricia McLaren, based in Austin, Texas, said the company provided flexible travel options and allowed employees to work anywhere they choose.

Even so, there are constraints. The company requires all employees, including executives, to sign liability and insurance waivers when they are on a voluntary company-sponsored trip, such as an off-site meeting. Such waivers typically place responsibility on employees for their own well-being. And if they bring someone, they are responsible for that person’s expenses.

Employees are responsible for requesting the paid time off and notifying their managers of their whereabouts, although that part is not a requirement. Managers have to ensure adequate staffing, Ms. McLaren said.

Elsewhere, employees may not bother to mention the leisure portion of their trip. Eliot Lees, a vice president and managing director at ICF, said he had been on trips as a child with his parents when they combined business and leisure. His parents were academics, who would piggyback vacations onto conferences.

Now he does the same. “I don’t think I ever asked for approval,” he said. (ICF has no formal business-leisure travel policy. It’s allowed as part of personal time off.) After a conference in the Netherlands last year, he spent four days hiking in the northern part of the country.

“I go anywhere, and take more risks than I should,” he said. He said he didn’t carry personal travel or accident insurance.

Any nonchalance may quickly evaporate if a threat emerges. Security experts say even low-risk locations can become high-risk for a few days or weeks of the year.

“Companies are concerned about losing visibility into a traveler’s whereabouts if they booked flights and hotels outside their corporate travel management company,” Benjamin Thorne, senior intelligence manager in London for Crisis24, a subsidiary of GardaWorld, wrote in an email. “The company may think the traveler is in one city when, in reality, they could have booked a holiday package to another nearby city. This lack of visibility by the company makes it difficult to support travelers when a disaster occurs.”

He also raised the possibility that “a traveler with bleisure travel reservations and expectations may find their work trip canceled due to changes in the risk environment or company policy, disrupting their leisure plans.”

Will a company step in off hours if there’s a problem? “That depends on how you are booked,” Mr. Cole, the senior research analyst at Phocuswright, said. A rule of thumb is the further you get from corporate control, the greater the gray area gets.

Half of GoldSpring Consulting’s clients take the responsibility for the entire trip, said Will Tate, a partner at the consultancy based in Cross Roads, Texas, and a certified public accountant. They don’t want the reputational risk. The other half say: “The business trip ended Friday. That’s when we end our duty of care.”

Some companies are trying to define and narrow the gray area. “If you are clearly on personal time, there is no legal requirement for your employer to provide for you,” said Nicole Page, a lawyer whose practice includes employment law at Reavis Page Jump in New York.

Uber provides employees with advisories before a trip, travel assessments, safety tips while traveling and emergency travel assistance, including medical aid, airport travel support, urgent and emergency assistance, and lost or stolen personal property insurance whether they are on business or pleasure travel or a combination.

And at DoorDash, Chris Cherry, head of global safety and security, wrote in an email that “while personal travel is not something we track, we have received requests to extend our travel support capabilities to personal travel.” Mr. Cherry said in those cases, the company has manually added employee leisure itineraries to its travel risk management system and “provided the same level of overwatch that we do for regular business travel.”

The Buchmann’s plan to travel this month to Barcelona, Spain, for the McDonald’s Worldwide Convention. DoorDash will have a booth, and Mr. Buchmann will work on the exhibit floor and also entertain clients.

Ms. Buchmann will accompany him. She plans to go sightseeing in the morning, and work in the afternoons and evenings Barcelona time. She will also take three days of paid time off and has shared her plans with Ms. McLaren, the RevShoppe chief executive.

They will stay a day after the conference and plan to visit the Dalí Theater and Museum in Figueres. “I’m sure there will be no shortage of tapas and window shopping along way,” Mr. Buchmann said. He expects to be back at work the next Monday.

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Everything You Need to Know About the Business Travel Tax Deduction

Justin is an IRS Enrolled Agent, allowing him to represent taxpayers before the IRS. He loves helping freelancers and small business owners save on taxes. He is also an attorney and works part-time with the Keeper Tax team.

You don’t have to fly first class and stay at a fancy hotel to claim travel expense tax deductions. Conferences, worksite visits, and even a change of scenery can (sometimes) qualify as business travel.

What counts as business travel?

The IRS does have a few simple guidelines for determining what counts as business travel. Your trip has to be:

• Mostly business
• An “ordinary and necessary” expense
• Someplace far away from your “tax home”

What counts as "mostly business"?

The IRS will measure your time away in days. If you spend more days doing business activities than not, your trip is considered "mostly business". Your travel days are counted as work days.

Special rules for traveling abroad

If you are traveling abroad for business purposes, you trip counts as " entirely for business " as long as you spend less than 25% of your time on personal activities (like vacationing). Your travel days count as work days.

So say you you head off to Zurich for nine days. You've got a seven-day run of conference talks, client meetings, and the travel it takes to get you there. You then tack on two days skiing on the nearby slopes.

Good news: Your trip still counts as "entirely for business." That's because two out of nine days is less than 25%.

What is an “ordinary and necessary” expense?

“Ordinary and necessary” means that the trip:

• Makes sense given your industry, and
• Was taken for the purpose of carrying out business activities

If you have a choice between two conferences — one in your hometown, and one in London — the British one wouldn’t be an ordinary and necessary expense.

What is your tax home?

A taxpayer can deduct travel expenses anytime you are traveling away from home but depending on where you work the IRS definition of “home” can get complicated.

Your tax home is often — but not always — where you live with your family (what the IRS calls your "family home"). When it comes to defining it, there are two factors to consider:

• What's your main place of business, and
• How large is your tax home

What's your main place of business?

If your main place of business is somewhere other than your family home, your tax home will be the former — where you work, not where your family lives.

For example, say you:

• Live with your family in Chicago, but
• Work in Milwaukee during the week (where you stay in hotels and eat in restaurants)

Then your tax home is Milwaukee. That's your main place of business, even if you travel back to your family home every weekend.

How large is your tax home?

In most cases, your tax home is the entire city or general area where your main place of business is located.

The “entire city” is easy to define but “general area” gets a bit tricker. For example, if you live in a rural area, then your general area may span several counties during a regular work week.

Rules for business travel

Want to check if your trip is tax-deductible? Make sure it follows these rules set by the IRS.

1. Your trip should take you away from your home base

A good rule of thumb is 100 miles. That’s about a two hour drive, or any kind of plane ride. To be able to claim all the possible travel deductions, your trip should require you to sleep somewhere that isn’t your home.

2. You should be working regular hours

In general, that means eight hours a day of work-related activity.

It’s fine to take personal time in the evenings, and you can still take weekends off. But you can’t take a half-hour call from Disneyland and call it a business trip.

Here's an example. Let’s say you’re a real estate agent living in Chicago. You travel to an industry conference in Las Vegas. You go to the conference during the day, go out in the evenings, and then stay the weekend. That’s a business trip!

3. The trip should last less than a year

Once you’ve been somewhere for over a year, you’re essentially living there. However, traveling for six months at a time is fine!

For example, say you’re a freelancer on Upwork, living in Seattle. You go down to stay with your sister in San Diego for the winter to expand your client network, and you work regular hours while you’re there. That counts as business travel.

What about digital nomads?

With the rise of remote-first workplaces, many freelancers choose to take their work with them as they travel the globe. There are a couple of requirements these expats have to meet if they want to write off travel costs.

Requirement #1: A tax home

Digital nomads have to be able to claim a particular foreign city as a tax home if they want to write off any travel expenses. You don't have to be there all the time — but it should be your professional home base when you're abroad.

For example, say you've rent a room or a studio apartment in Prague for the year. You regularly call clients and finish projects from there. You still travel a lot, for both work and play. But Prague is your tax home, so you can write off travel expenses.

Requirement #2: Some work-related reason for traveling

As long as you've got a tax home and some work-related reason for traveling, these excursion count as business trips. Plausible reasons include meeting with local clients, or attending a local conference and then extending your stay.

However, if you’re a freelance software developer working from Thailand because you like the weather, that unfortunately doesn't count as business travel.

The travel expenses you can write off

As a rule of thumb, all travel-related expenses on a business trip are tax-deductible. You can also claim meals while traveling, but be careful with entertainment expenses (like going out for drinks!).

Here are some common travel-related write-offs you can take.

🛫 All transportation

Any transportation costs are a travel tax deduction. This includes traveling by airplane, train, bus, or car. Baggage fees are deductible, and so are Uber rides to and from the airport.

Just remember: if a client is comping your airfare, or if you booked your ticket with frequent flier miles, then it isn't deductible since your cost was $0.

If you rent a car to go on a business trip, that rental is tax-deductible. If you drive your own vehicle, you can either take actual costs or use the standard mileage deduction. There's more info on that in our guide to deducting car expenses .

Hotels, motels, Airbnb stays, sublets on Craigslist, even reimbursing a friend for crashing on their couch: all of these are tax-deductible lodging expenses.

🥡 Meals while traveling

If your trip has you staying overnight — or even crashing somewhere for a few hours before you can head back — you can write off food expenses. Grabbing a burger alone or a coffee at your airport terminal counts! Even groceries and takeout are tax-deductible.

One important thing to keep in mind: You can usually deduct 50% of your meal costs. For 2021 and 2022, meals you get at restaurants are 100% tax-deductible. Go to the grocery store, though, and you’re limited to the usual 50%.

{upsell_block}

🌐 Wi-Fi and communications

Wi-Fi — on a plane or at your hotel — is completely deductible when you’re traveling for work. This also goes for other communication expenses, like hotspots and international calls.

If you need to ship things as part of your trip — think conference booth materials or extra clothes — those expenses are also tax-deductible.

👔 Dry cleaning

Need to look your best on the trip? You can write off related expenses, like laundry charges.

{write_off_block}

Travel expenses you can't deduct

Some travel costs may seem like no-brainers, but they're not actually tax-deductible. Here are a couple of common ones to watch our for.

The cost of bringing your child or spouse

If you bring your child or spouse on a business trip, your travel expense deductions get a little trickier. In general, the cost of bring other people on a business trip is considered personal expense — which means it's not deductible.

You can only deduct travel expenses if your child or spouse:

• Is an employee,
• Has a bona fide business purpose for traveling with you, and
• Would otherwise be allowed to deduct the travel expense on their own

Some hotel bill charges

Staying in a hotel may be required for travel purposes. That's why the room charge and taxes are deductible.

Some additional charges, though, won't qualify. Here are some examples of fees that aren't tax-deductible:

• Gym or fitness center fees
• Movie rental fees
• Game rental fees

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Where to claim travel expenses when filing your taxes

If you are self-employed, you will claim all your income tax deduction on the Schedule C. This is part of the Form 1040 that self-employed people complete ever year.

What happens if your business deductions are disallowed?

If the IRS challenges your business deduction and they are disallowed, there are potential penalties. This can happen if:

• The deduction was not legitimate and shouldn't have been claimed in the first place, or
• The deduction was legitimate, but you don't have the documentation to support it

When does the penalty come into play?

The 20% penalty is not automatic. It only applies if it allowed you to pay substantially less taxes than you normally would. In most cases, the IRS considers “substantially less” to mean you paid at least 10% less.

In practice, you would only reach this 10% threshold if the IRS disqualified a significant number of your travel deductions.

How much is the penalty?

The penalty is normally 20% of the difference between what you should have paid and what you actually paid. You also have to make up the original difference.

In total, this means you will be paying 120% of your original tax obligation: your original obligation, plus 20% penalty.

Justin W. Jones, EA, JD

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What tax write-offs can I claim?

At Keeper, we’re on a mission to help people overcome the complexity of taxes. We’ve provided this information for educational purposes, and it does not constitute tax, legal, or accounting advice. If you would like a tax expert to clarify it for you, feel free to sign up for Keeper. You may also email [email protected] with your questions.

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Top tips on how to plan a business trip

Follow these 6 steps for an effective business trip:

• Make your travel arrangements well in advance
• Select your accommodation based on both price and convenience
• Create an itinerary

Research your destination

• Remember your electronics, accessories and travel documents
• Prepare for your meeting

In today’s digital world, we can communicate across different time zones at a moment’s notice. However, when it comes to brokering a big deal or fostering a solid and long-lasting business relationship, nothing beats face-to-face interaction.  

Corporate travel is still so important, and it’s equally important for anyone making a business trip to prepare thoroughly. When you arrive at your destination relaxed and well-prepared, you’re better equipped to make a good impression and focus on the purpose of your meeting. Preparation lets your mind focus on the here and now, making sure you stay on the ball in that all-important meeting. If you’d like to fine-tune how you get ready for your next excursion, follow these essential tips to become an effective business trip planner.

Make travel arrangements

Whether it’s your name on the travel documents or you’re a travel manager, planning business travel thoroughly is important. Your first step should always be to familiarize yourself with your company’s corporate travel policy . You’re making travel arrangements for a business trip, not planning a personal or a short break, so being compliant with your company policy is essential.

Next, it’s time to book your travel. This may involve traveling by air, rail, car hire or even boat. Think about the journey door-to-door, balancing travel times against cost and convenience. Visualize the various steps of the trip from A to B. Consider details like how long it will take to move between airport and railway station, the time it takes to fill out paperwork at the vehicle hire company, and whether luggage storage might be useful. Use multiple sources and different comparison sites, researching which companies are offering the best deals. Again, be aware of any budget restraints in your company’s travel policy.

Don’t forget the small details. Does the airplane have Wi-Fi so you can work on the move? Would leaving a day earlier allow you to arrive at your first meeting better rested and prepared? At this stage, the more carefully you prepare, the more confident and relaxed you’ll be when you depart.

Select your accommodation

Preparing business travel is, of course, only half the job. Choosing the best accommodation for your requirements is also essential. If you’ve only got one meeting place to reach, make sure you book a hotel that’s nearby – rather than be swayed by a more luxurious option that might be a stressful 45 minute trip away. Use maps on your smartphone to measure distances from the station or airport to your hotel – and remember the roads and transport networks will be busier at certain times of day.

Check your company’s hotel policies to see if there are any preferred hotels - you might be able to get a good deal too. When considering the cost, make sure you compare rates for similar types of accommodation and make sure you select something that’s fairly priced – some companies even stipulate a cost per day that would limit the choice of hotels.

It’s also a good idea to pay close attention to the amenities at the hotel. Some tourist-focused hotels may serve breakfast too late for your early starts, and as a business traveler you’re likely to want free Wi-Fi, 24-hour room service, plenty of power points for charging your devices. CWT Hotel Intel gives travelers access to trusted peer hotel reviews and can be a handy tool for business trip planners.

Create a detailed itinerary

Your itinerary is your blueprint for a successful business trip. Use it to stay in control of every detail – from transport times and the names of those you’re meeting, to your travel reservations and hotel address. Be sure to allow yourself extra time on your itinerary for relaxing, meetings that have been delayed or overrun, and busy traffic. Consider using a specially designed tool like the myCWT app , which syncs your itinerary with work calendars, and allows travelers to share this with colleagues. This is handy from a communication and efficiency perspective, and as a safety measure if you’re travelling to an unfamiliar destination.

It may be that you’re traveling to a destination you are familiar with and feel comfortable in. Or, you may be entering unchartered territory. If that’s the case, research is essential to avoid unnecessary risk. For example, some cities are well known for pick pockets, so you’ll need to be extra careful when storing important and expensive items like phones in your pockets. Depending on where you’re going, reading up on the current political situation at your destination could also be prudent.

Perhaps you’re traveling to a city or country with a different culture and customs to your own. Avoid looking foolish or, worse, causing offence, by researching the differences in behavior and manners before you arrive. For example, if you’re taking potential clients for a meal, do you know the etiquette on tipping, or when to give people your business cards? Or, if you’re visiting a country where English isn’t the common language, you could even learn a few basic phrases, such as greetings and “thank you”, which could make all the difference when making a good first impression.

Prepare your travel documents

Hours of careful preparation and research will all be wasted if you forget vital travel documents. Traveling between countries requires a current, valid passport, travel tickets and sometimes a visa. It’s key to research whether or not you need a visa as soon as possible, even if you are just transiting through a country, without stepping foot outside the airport. Some embassies can take a number of days or even weeks to issue visas. Even if you’re not traveling to a different country, you may need photo ID to clarify that your name corresponds to the one on the ticket - your passport or driving license are the best options so keep them safe at all times.

Remember your electronic accessories

Stay as productive as possible on your trip by taking a laptop or tablet – it’ll make your travel time really count. Remember to pack the relevant chargers and adapters, too. You can usually pick these up at the airport when you’re passing through, but being prepared is key and will save you time and money in the long run.

Get ready for your meeting

So you’ve followed all the right steps for planning a business trip, but what about your business objectives and the meeting itself? Making a note of what you hope to achieve on the trip can help improve your focus - even if you simply want to reach out to new contacts or gain a general overview of potential new client. Arm yourself with as much information as possible about the people you’ll meet, as well as the places they’ll be. What’s the dress code? If you’re visiting an industrial site, for example, will you need sturdy shoes? If you’re going to be giving a presentation, what format will it take and will your host have the equipment you need? Simply emailing ahead to check if they have suitable screens and cables can ensure you avoid embarrassing delays or confusion that would get your meeting off to an awkward start. That first impression counts so give yourself the best chance of making a good one.

By setting aside the time to prepare, conducting some detailed research and following these business travel tips, you can optimize your chances of a productive and enjoyable trip.

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How to Become a Travel Agent—Because, Believe It or Not, the Industry Is on the Rise

By Scott Bay

There’s a reason “how to become a travel agent” has been a continuously trending search phrase on Google—it is a career path that offers a flexible work environment and schedule, ample travel opportunities, and an immersion into a supportive world-wide industry. It's a surprise to some in 2023: Once the internet became widely available, it was largely believed that needing a travel agent was obsolete. However, even though the brick-and-mortar agencies with punny names in strip malls have vanished, the career is on-the-rise .

New software options are making it easier than ever for people to make money planning trips, either as a side hustle or as a full-time business. That’s why Cherikonda, India-based stay-at-home mother, Maya Kapoor-Miller, decided to enter the professional world as a travel agent this year, at 31. “I knew nothing about the travel industry prior to signing up,” says Kapoor-Miller, who decided to use San Francisco-based booking platform Dreamport to establish her online travel advisor business. “It is my first business in life, and the only one that you can start with no investment.”

But there's also a rise in demand. When people ventured back into the world after the pandemic, travel agents saw an overwhelming amount of business . And that momentum hasn’t stopped—when travel is complicated, like it was in 2020 and 2021, travelers turned to professional trip planners to create a seamless vacation. For better or worse, traveling has remained complicated and chaotic, with new rules being implemented (like Americans needing to pay a fee to visit Europe in 2024 ) and airline strikes and staffing issues. Offloading all of the nitty-gritty details to someone else is more appealing than ever.

For those entering the field, there's also the age-old motivator: a love of travel. 

Shelton Ellis, who is based in North Carolina, recently saw these opportunities and left behind more than 20 years in public relations and global advertising to turn his passion into a career. “I was born with a wanderlust that would wear Rick Steves out,” Ellis says. “I decided to take the leap and follow that lifelong yearning. Transitioning into this role was really about learning how to monetize what I'm passionate about.”

Whether you are looking for a new career path or a lucrative side-hustle—or simply curious about those taking the plunge—here’s how to become a travel agent, from the qualifications and education required, to anticipated earnings, according to those who have made the shift in the past year. 

What exactly does a travel agent do?

Travel agents, or travel advisors (the term is mostly interchangeable), manage everything that goes into a trip for their clients: the flights, car transfers, accommodations, restaurant reservations, and more—they even inspire the itinerary. The reason people turn to travel agents, aside from having a helping hand during any travel chaos , is also to tap into the travel agent’s first-hand knowledge of destinations, and their industry partnerships, which often lead to perks such as hotel upgrades, ideal airplane seats, and experiences that can’t be found on a search engine.

“You have to remember that as a travel agent, you will be a guide for people during their happiest moments—family reunions, weddings , baptisms, and once-in-a-lifetime experiences that people have dreamt of,” says Kapoor-Miller. “It has been one of the most rewarding aspects of being a travel agent. You navigate people, inform them, and help them choose.”

So, how do you become a travel agent?

There are many ways to become a travel agent, from joining an existing travel agency , to starting an independent business from the ground up. Others are opting for one of the buzziest start-ups in the travel industry, Fora . When it launched in 2021, the software company, which trains and provides search engine-optimized profile pages to advisors—at one point had a waitlist of over 30,000 people eager to begin a part-time gig. Travel photographer and Condé Nast Traveler contributor Amanda Villarosa is currently in the process of joining.

“I'm the person that friends and family come to for travel recommendations, tips and tricks, and general travel advice,” says Villarosa. “After discovering Fora and looking into it, I realized that it could be the perfect side-hustle, considering I'm already so involved in the industry.”

With additional flexibility, Villarosa was able to move from New York City to splitting her time between Denver and Los Angeles . She says that the sign-up was quite straightforward. “You're given a dedicated Fora email and have access to advising tools and fellow Fora advisors,” she says. “The training is in the form of Zoom meetings and videos, which you have the option to watch at your own pace. Once completed, you take a certification quiz and you're on your way to advising.”

The other ways in are slightly more involved. To begin an independent practice, you go about it like many other businesses. You will have to create an LLC, establish a business name, cultivate marketing materials, build a website, find clientele, and more.

Ellis found something in the middle, choosing to connect with an established travel agency. “Don't be afraid to reach out to an agency looking to take on new advisors and is willing to mentor," says Ellis. "I was fortunate to learn so much from Annie Chambers, the owner of Crafted Escapes , who has seven years in the business.” He now knows the ropes on everything from using itinerary-building software to destination-specific training, to the sales and marketing aspects of the trade.

Is there required education or qualifications?

Ellis says that there's no certification, per se, required to become a travel advisor, but there are countless training courses available like Departure Lounge ’s classes on navigating the industry through hotels and tour operators. He said it’s also important to stay on top of travel trends. Ellis recently completed travel agent training programs provided by premier cruise lines such as Virgin Voyages , Ritz-Carlton Yachts , and Cunard to help agents sell their products more accurately.

How much does a travel agent make?

What a travel agent earns depends on how many trips they successfully book for their clients. The entire model is commission-based, meaning agents earn a percentage of the total cost of the vacation they orchestrate. Many travel advisors choose to charge a flat-rate planning fee in addition to their commission, but balance is key—if you charge a high planning fee, it could lead to potential clients going elsewhere.

Olivia Morelli

Gianluca Longo

Charlie Hobbs

Fora ’s website states that “some of our full-time, expert advisors earn well into the six figures (or beyond).” So a lucrative career may be on the horizon, for those who are able to build a robust client base and excellent industry connections.

How much you make can also depend on where you live around the world. “I am being paid in dollars,” says India-based Kapoor-Miller. “So the currency fluctuations of the local exchange rate are not something I am worried about.”

What are the key skills required to become a travel agent?

“Travel agents need a mix of customer service, communication, destination knowledge, organizational, and problem-solving skills,” says Kapoor-Miller. “But I would say that adaptability, flexibility, curiosity, and cultural sensitivity top them all—you have to put yourself in other's shoes, and understand the requirements, hopes, and expectations of your clients along with any worries and questions they may have.”

It’s vital to have a passion for traveling, even the aspects of the process that aren’t as exciting, such as learning about new airline routes, train schedule updates, and industry news. “It can be an information-heavy hustle, and I believe it's important to be excited about it as that energy definitely transfers to your clients and partners,” Villarosa says.

Should travel advisors choose a specialization?

Many travel advisors have found success through becoming an expert in a few types of travel and destinations. “It's important to become an authority and learn as much as you can through personal experiences and continuing education,” says Ellis. “As a proud member of the LGBTQIA+ community , an avid snow skier, and scuba diver, I know not only the popular destinations but others that are off the beaten path, equally safe and adventurous for all travelers.” This helps travel agents establish a competitive edge, and hopefully convince potential clients to choose them for their expertise.

What are the benefits of being a travel agent?

“Flexibility tops them all,” says Kapoor-Miller. “And the ability to start without industry knowledge. If you worry that you are too old for this job, the good news is that this is a job you can enter and enjoy at any age.”

Another great perk is the "Familiarization trip,” says Ellis. “Tourism boards and hotels invite agents to visit and familiarize themselves with a particular country and its properties. After all, any accomplished salesperson should learn everything they can about their products first-hand...even if they're in Bora Bora.” It's hard work, but someone's got to do it. 

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Embarking on Your Travel Business Journey

Kicking off a travel business in today's flourishing tourism industry can be an exhilarating adventure, brimming with opportunities and boundless potential for creative entrepreneurs. The initial step involves diving deep into market research, understanding the desires and pain points of your target audience to tailor unique, unforgettable experiences. Crafting a compelling brand identity that resonates with your audience is absolutely crucial, setting you apart in a sea of competition. Equally important is establishing a robust online presence, weaving the essence of your brand into an engaging website and vibrant social media platforms. Partnering with reliable suppliers and understanding the legalities of the travel industry will solidify your foundation. By infusing every aspect of your venture with passion and meticulous attention to detail, setting sail on this journey promises not just profitability but also the joy of creating lasting memories for your clients.

Understanding the Market Dynamics

The idea of launching into the travel industry might seem glamorous at first glance, but it's crucial to understand that like any business, it comes with its own set of challenges. One significant obstacle many face is grasping the ever-changing market dynamics. Consumer preferences can shift rapidly; what's trending today might not be tomorrow. Additionally, global events can have a monumental impact on travel patterns and destinations' popularity. It's essential to stay informed and flexible in your business model to adapt as necessary.

Dealing With Intense Competition

Another hurdle is the high level of competition within the travel industry. From giant online travel agencies to niche boutique firms, standing out can be daunting. Crafting a unique selling proposition (USP) is more than just beneficial--it's imperative for survival. This involves not only identifying your target market precisely but also understanding their needs on a level deeper than your competitors do. However, it's important to view competition as a motivator rather than a barrier.

Finding Reliable Suppliers and Partners

To run a successful travel business, forming strong partnerships with suppliers is vital. These relationships can make or break your company, especially when you're starting out. The challenge lies in finding reliable partners who share your commitment to quality and customer satisfaction. Negotiating contracts that protect your interests while fostering mutual growth takes skill and patience. Building these partnerships early on will lay a solid foundation for your business.

Navigating Legal Requirements

Understanding and adhering to the legal requirements of running a travel business can seem overwhelming at first. Different regions come with different laws regarding licensing, insurance, and consumer protection. The key here is to conduct thorough research and possibly consult with legal professionals specializing in travel law. Ensuring compliance from the beginning saves you from potential headaches down the line. It also builds credibility with your clients, proving you're serious about providing responsible and professional service.

Building an Online Presence

In today's digital age, an online presence is not just beneficial; it's essential for success in the travel industry. This goes beyond having a visually appealing website--although that's an excellent start. Your online strategy should include engaging social media profiles, SEO-optimized content that speaks directly to your target audience, and perhaps even a blog filled with useful information and inspiring travel stories. Mastering these digital channels helps you connect with potential clients worldwide. Remember, consistency across all platforms reinforces your brand identity and helps build trust with your audience.

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Creating Compelling Content

The internet is saturated with content, making it challenging to capture attention amidst the noise. However, creating compelling content that resonates with your target demographic can set you apart. This includes breathtaking photography, captivating video tours, insightful articles, and interactive web features that engage users deeply. Authenticity is key--people want genuine experiences they can relate to rather than just another sales pitch. Effectively telling your brand story through various content forms can significantly drive engagement and conversion rates.

Leveraging Technology for Efficiency

Efficiency is crucial in managing any business, but it's particularly vital in the fast-paced world of travel. Leveraging technology can streamline operations, from booking systems and customer relationship management (CRM) tools to automated marketing campaigns and data analytics platforms. These technological solutions not only save time but also provide invaluable insights into your business performance and customer preferences. Choosing the right tech stack requires careful consideration of your specific needs and budget constraints. However, investing in technology early on can pay dividends by enhancing productivity and customer satisfaction.

Utilizing Design Tools Like Desygner

In building an enticing online presence or creating marketing materials, design plays a pivotal role in conveying your brand's ethos effectively. Not everyone has access to professional design services or possesses graphic design skills themselves--that's where tools like Desygner come into play. Desygner offers intuitive design solutions that enable entrepreneurs to craft beautiful visuals without needing extensive design experience. Whether it's customizing templates for social media posts or designing brochures that pop off the page, utilizing such tools empowers you to take control of your visual narrative affordably and efficiently.

A Journey's End to Your New Beginning

Embarking on the journey of starting your own travel business is akin to setting sail into a vast ocean of possibilities. It requires not only a steadfast spirit but also a well-equipped vessel. Throughout this guide, we've charted the course from conceptualizing your unique value proposition to navigating the complex legal and financial waters. As we dock at the conclusion, it's essential to reflect on the critical takeaways that will ensure your venture is not just a fleeting escapade but a lasting enterprise.

Firstly, understanding your market cannot be overstated. The travel industry is as diverse as it is dynamic, and finding your niche is paramount. Whether focusing on luxury travel, eco-tourism, or cultural experiences, tailoring your services to meet specific needs will set you apart. Moreover, building relationships with suppliers and partners will bolster your offerings and provide customers with unforgettable experiences.

Secondly, technology is your ally. In an era where digital presence is non-negotiable, leveraging tools like Desygner for stunning visual content, alongside robust booking systems and a user-friendly website, will significantly enhance your competitive edge.

• Identify your niche in the travel market
• Develop a comprehensive business plan
• Navigate legal requirements with professionalism
• Secure funding through innovative strategies
• Create unforgettable experiences for your customers
• Leverage social media and SEO for marketing
• Build strong partnerships within the industry
• Incorporate tools like Desygner for marketing materials

In closing, stepping into the world of travel entrepreneurship is both exhilarating and demanding. With meticulous planning, unwavering determination, and harnessing the power of technology and partnerships, you are well on your way to creating a successful travel business that stands the test of time. Remember to stay adaptable, continue learning, and always keep the customer's experience at the heart of everything you do.

Ready to embark on your journey? Sign up at Desygner today to kickstart your travel business with captivating visual content.

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How to Start Your Own Business in the Travel Industry

Last Updated: June 10, 2021 Approved

This article was co-authored by Laura Krueger & Michelle Donson . Laura Krueger (right) and Michelle Donson (left) are Travel Specialists and the Founders of LM Media Worldwide, a free service that sources and negotiates contracts for hotel rooms and meeting space needs. With a combined 30 years of experience, they specialize in hospitality sales, contract and rate negotiations, room reservations, and wedding planning. Laura holds a BS in Business Management with High Honors from Rutgers University and has directed several sales teams, negotiated thousands of contracts, and consistently exceeded national sales goals for hotel chains such as Wyndham, Radisson, and Starwood. Michelle holds a BS in Hospitality Management from the University of Delaware and has worked in group sales and banqueting for Marriott and directed several sales teams with InterContinental Hotel Group, Wyndham, and Starwood. Michelle has also earned the prestigious “Salesperson of the Year” award twice consecutively for Wyndham Hotel Group’s national sales team. LM Media Worldwide is trusted by Kleinfeld Hotel Blocks, Marriott, Rosewood Hotels & Resorts, Melia Hotels & Resorts, Gaylord Hotels, Kimpton Hotels & Restaurants, Wyndham Hotel Group, and Mandarin Oriental Hotel Group. wikiHow marks an article as reader-approved once it receives enough positive feedback. This article has 16 testimonials from our readers, earning it our reader-approved status. This article has been viewed 276,669 times.

In the modern marketplace, setting up and running a successful and profitable travel business is a highly challenging task. There are a number of ways to enter the travel industry. If you have a love of travel and are planning to have a career in this industry, investing in your own business is a good option.

Starting a Franchise Travel Agency

• You can search the internet or find books at the local library to help you research the many facets of the travel industry. Additionally, you can directly contact companies in the travel industry, such as cruise ship companies or hotels.

• There are many different travel agency franchises. Make sure you compare them and their requirements to find the right fit for you and your business. There are many websites and books available to help you learn more about and compare the different franchises available.
• Franchises typically require an initial monetary investment to purchase a franchise. This can be as much as tens of thousands of dollars.

• Consider hiring an attorney to review any legal documents included in this process.
• Check with local government agencies for any additional licenses or permits that may be needed.

• A real estate agent or website can help you find the right location. If available in your area, try to find a real estate agent who specializes in commercial property.
• The location you choose should be highly visible and traveled by those customers you wish to target.

• You can find and research professionals, such as accountants, on the internet, in a local phone directory, or through local organizations, such as a chamber of commerce.
• Local staffing agencies or advertisements in local papers can help you find the right employees to make your business a success.

• Consider joining local organizations for business owners, such as a chamber of commerce.
• Compare mass marketing alternatives, including print, radio, and television advertisements, for your target market.
• Include internet and social media marketing in your marketing strategies.
• Build strong relationships with organizations in your industry, such as airlines, cruise ship companies, hotels, and car rental companies. Joint marketing opportunities may be possible.

• You should open business banking accounts and acquire a credit card that can be used to pay all business related expenses.
• Compare local banking institutions and take advantage of any small business incentives available.

• The franchisor will provide all of the guidelines and other operating requirements that you need to follow.
• Remember that the franchisor's success depends on the success of its franchisees. Therefore, they are there to help you succeed.

Starting a Home-based Travel Agency

• You can visit your local government offices to find out more information about these requirements.
• Online research and your local library are other locations to find more information about legal requirements for a small business.

• Contacting other small travel agencies may help you to learn more about the type of agency you want to start.

• You can find help developing business plans online.
• A business consultant can also help you to develop a solid business plan.

• Acquire a credit or debit card to help pay for business expenses as well.

• Dealing with more than one company can give you more to offer your clients, and it could also provide you with additional money.
• Having strong relationships in the industry can also help your marketing efforts.

• Consider partnering with other travel agencies that can serve as your connection between the airlines, cruise lines, and accommodations. With these connections, you can have additional time to make more connections in the industry.

Becoming an Independent Contractor in the Travel Industry

• There are many different host agencies. Make sure you compare them and their requirements to find the right fit for you and your business.
• You can search the internet or find books at the local library to help you research different host agencies in the travel industry.
• Some host agencies require an initial monetary investment to become an independent contractor. However, the cost is typically much less than purchasing a franchise.
• Host agencies handle much of the back office work, such as calculating and paying commissions, providing training, and handling some marketing.
• Licensing and certification are typically handled by the hosting agency, allowing the independent contractor to focus on finding customers and making sales.

• The host agency will provide all of the guidelines and other operating requirements that you need to follow.
• Remember that the host agency's success depends on the success of its independent contractors. Therefore, they are there to help you succeed.

Expert Q&A

• Network with other people in the travel industry to establish strong relationships with your vendors. Thanks Helpful 0 Not Helpful 0
• Contact franchise owners, home-based agents, or independent contractors to get feedback of their first-hand experience in the travel industry. Thanks Helpful 0 Not Helpful 0
• Consider taking a few business courses so you can learn more about how to start and maintain your business more effectively. These courses can be found nationwide at local community colleges and online. Any fees paid to enroll or participate in the course are tax deductible as a business expense. Thanks Helpful 0 Not Helpful 0
• As with any business, it takes time to become profitable. Make sure you are prepared financially until revenue exceeds expenses. Thanks Helpful 12 Not Helpful 0
• Before you start a travel business, research the competitors within your locality. Thanks Helpful 12 Not Helpful 1

Things You'll Need

• Money to Invest
• List of travel franchisers
• Good location

You Might Also Like

• ↑ Laura Krueger & Michelle Donson. Travel Specialists. Expert Interview. 30 September 2020.
• ↑ http://www.entrepreneur.com/article/190464
• ↑ https://hostagencyreviews.com/blog/travel-agency-franchise-or-host-agency
• ↑ https://articles.bplans.com/how-to-start-a-travel-agency/
• ↑ https://www.entrepreneur.com/article/190464
• ↑ https://howtostartanllc.com/business-ideas/travel-agency

About this article

To start a home-based business in the travel industry, decide if you want to earn referral fees from bigger companies, or if you want to book and sell travel packages yourself. Next, write a business plan that provides a solid foundation for your company. Then, start building relationships with vendors to help you negotiate deals for your clients. Finally, implement a marketing strategy using a combination of print and digital advertisements, as well as social media marketing. To learn more about becoming an independent contractor, read on! Did this summary help you? Yes No

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BUSINESS STRATEGIES

11 travel business ideas to get you started

Starting a business  in the travel industry can be a lucrative opportunity where you’ll provide travel services to individuals and groups looking to get away, celebrate a milestone or travel for work. As people increasingly prioritize experiences over material goods, demand is consistently on the rise  for travel-related services. The consistent demand makes a travel business an appealing recession-proof business idea  as well. 

11 travel business ideas to inspire you

Here are eleven travel business ideas  to help you choose the right niche.

Travel agency services

Adventure travel planning

Luxury travel planning

Cruise planning services

Business travel management

Destination wedding planning

Cultural and historical tours

Family vacation planning

Eco-friendly travel services

Solo travel planning

Group travel packages

01. Travel agency services

Provide comprehensive travel planning services, including itinerary creation, accommodation bookings and transportation arrangements. This type of service is usually on a commission basis, earning you a percentage of the total travel cost.

02. Adventure travel planning

Specialize in planning adventurous trips, such as hiking expeditions, wildlife safaris and extreme sports vacations. This niche can attract clients seeking unique and exciting travel experiences.

03. Luxury travel concierge

Offer premium travel concierge services for high-end clients, including luxury accommodation, private transportation and exclusive experiences. This niche can be lucrative but requires attention to detail and a network of luxury service providers.

04. Cruise planning services

Focus on planning cruise vacations, including cruise line selection, itinerary planning and shore excursions. Cruises are popular among various demographics, providing a broad client base.

05. Business travel management

Specialize in managing corporate travel needs, including booking flights, accommodations and coordinating business events. This type of service requires a strong understanding of business travel requirements. This can be a great scalable business idea , as you can work with multiple businesses around the world or big corporations with multiple locations.

06. Destination wedding planning

Provide destination wedding planning services, helping couples organize and execute their dream weddings in exotic locations. This niche combines travel planning with event coordination.

07. Cultural and historical tours

Design and organize tours focused on cultural and historical experiences, catering to travelers interested in learning about different cultures and exploring historical landmarks.

08. Family vacation planning

Tailor travel packages for families, including child-friendly accommodations, activities and transportation. This niche can be rewarding, catering to families looking for stress-free travel experiences.

09. Eco-friendly travel services

Differentiate your business by offering eco-friendly travel solutions, appealing to clients with a focus on sustainable and responsible travel practices.

10. Solo travel planning

Cater to solo travelers by providing customized itineraries, safety tips and group travel opportunities. Solo travel is a growing trend, and this niche can tap into a lucrative market segment.

11. Group travel packages

Create and organize group travel packages for various interests, such as culinary tours, wellness retreats or photography expeditions. This niche can attract like-minded individuals looking for shared travel experiences.

How to get started with your travel business idea

Apply your industry knowledge and experience.

Develop a deep understanding of various travel destinations, accommodations, transportation options and industry best practices, depending on the travel services you offer.

Choose your specialization or niche

Consider specializing in a specific travel niche or industry to provide tailored services. This can help you gain a professional reputation in a particular niche, attracting repeat business and new clients. Pro tip: Create a business plan  to map everything out.

Build a professional network

Establish connections with travel service providers, hotels and other industry professionals to enhance your offerings. Consider creating a website  to expand your online presence and market your travel services.

Choose a legal structure for your business

Decide on the legal structure of your business, such as a sole proprietorship , LLC  or corporation . Ensure you comply with any regulations or licensing requirements in the travel industry.

Determine your pricing strategies

Choose your pricing model, whether it's service fees, commission-based or a combination. Research local market rates and competitors to ensure your pricing is competitive and reflective of the value you provide.

Travel business examples (built on Wix) to inspire

Wanderlust adventures.

This travel agency offers a variety of adventure travel packages, including hiking, wildlife safaris and cultural experiences.

Luxe Life Ventures

A premium travel concierge service providing exclusive luxury travel experiences for discerning clients.

CruiseDreams Planning

Specializing in cruise vacation planning, CruiseDreams helps clients find the perfect cruise experience tailored to their preferences.

Travel business ideas FAQ

What types of travel services can i offer in my travel business.

The travel industry offers a wide range of services. You can consider offering general travel planning, adventure travel, luxury travel concierge, cruise planning, business travel management, destination wedding planning, cultural and historical tours, family vacation planning, eco-friendly travel services, solo travel planning and group travel packages.

How can I attract clients to my travel business idea?

What equipment and supplies do i need to get my travel business idea off the ground, how do i determine pricing for my travel services, how can i ensure the safety of my clients during their travels, how can i differentiate my travel business idea from competitors, how can i expand my travel business idea as it grows, other business ideas to consider.

Service business ideas

Businesses to start with little money

Unique business ideas

Online business ideas

Low-cost business ideas

Side business ideas

Outdoor business ideas

Home-based businesses

Mobile business ideas

Consulting business ideas

Freelance business ideas

Reselling business ideas

Business ideas for couples

Rental business ideas

Small town business ideas

Wedding business ideas

Print on demand business ideas

Music business ideas

Finance business ideas

Cleaning business ideas

Marketing business ideas

Art business ideas

Tech business ideas

Restaurant business ideas

Fitness business ideas

Related Posts

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If there is one thing most people can agree on, it’s that traveling is one of life’s great pleasures. Exploring new cultures, visiting the world’s great wonders, spending days following your instincts and trying exotic foods — there’s a lot to love about discovering new places.

If you want to take your love of travel to the next level and start a business to serve your like-minded wanderlusters, you should consider these fun and profitable travel business ideas.

What is a travel business?

There are two overarching types of travel businesses worth considering. First, you could think about starting a business that provides services or goods for travelers — running a hotel, for example. The second option is to start a business that you can run from anywhere in the world while you yourself travel. In many cases, this type of business revolves around travel, such as working as a travel writer and writing stories about your latest adventures.

What makes a travel business idea a good one?

A good travel business should combine two things: reliability and excitement. When you run a travel business, your clients need to be able to trust you. They need to feel confident that the tour group you run is legitimate and will show them the best sites. Or that the blog you run about the best inns on the east coast actually gives honest reviews.

At the same time, you need to offer services or create content that excites your customers. Introduce them to sights off the beaten path. Help them unwind and relax while on their vacation. Find a way to create trust amongst your customer base while offering them an experience they can’t find anywhere else.

How much do you need?

with Fundera by NerdWallet

We’ll start with a brief questionnaire to better understand the unique needs of your business.

Once we uncover your personalized matches, our team will consult you on the process moving forward.

12 travel business ideas for 2021

If you’re unsure of what type of travel business ideas could work for you, keep reading for some popular options. These ideas range widely and you should put your own creative spin on them. At the end of the day, think back to your passion for traveling. What services or products have made the most difference to you on past trips? What did you feel was missing? Can you find a way to make a living on the road while capitalizing on your skillset? Chances are, you have more ideas at the ready than you think.

1. Modernized bed and breakfast

B&Bs have been popular for decades — they outlive trends and are clearly here to stay. But why not step things up a notch and find a way to modernize the bed and breakfast experience a little bit? Make sure your rooms are outfitted with nice televisions so guests can enjoy a movie night in their cozy room. Offer unique culinary experiences. Decorate in a way that feels timeless but fresh at the same time. A bed and breakfast is a smaller operation than a hotel and is a great way to break into the hospitality business. If you need a little help funding your bed and breakfast, consider one of these financing options.

2. Off-the-beaten-path tour guide

Tour groups are a dime a dozen. But if you can offer a unique tour, you’ll be able to stand out from the competition. What do you love about your city? Maybe you can find the best coffee, chocolate, or salty treats at your local shops and restaurants. Organize a foodie tour of your town that highlights how your local delicacies are made. Of course, you’ll have to include tastes of all the local treats.

Or consider organizing a tour of some lesser-known sites. Surely there is a natural activity or historical site that tourists haven’t caught onto yet. If you can give your travelers a taste of local life or make them feel like they’ve uncovered something special, then your tour guide business will thrive. Maybe some locals will even join in on the fun.

3. Glamping

Here’s a fun fact for you: By 2025, experts estimate the glamping market in the United States alone is projected to reach a revenue of around $1 billion. It sounds like the great outdoors is getting a little fancier. What exactly is glamping? Glamorous camping.

Glamping combines nature with the comforts of home, and usually Champagne. That’s right, after a long day of hiking or river rafting, campers can return to decked-out campsites that offer spa treatments, wine and gourmet meals. The perfect combination of adventure and relaxation. If you can create a campsite that melds the best parts of nature with resort living, you’ll be in business.

4. Remote travel agent

Long gone are the days of travel agent offices. The truth is, thanks to the internet it’s easier than ever to plan a trip. Anyone with a computer can choose between hundreds of flights, hotels and restaurant reservations. The ease of access is great, but the time it takes to weed through those options might not be available to everyone. This is where a remote travel agent comes in.

You’ll work out of your own home which saves the customer costs on overhead expenses. For a more affordable price, remote travel agents can help busy travelers plan their next vacation from anywhere in the world. Help them book the best hotels, unique activities and provide them with all of their important travel bookings and documentation.

5. Travel consultant

Even though their job titles sound similar, a travel consultant is different than a travel agent. A travel consultant usually specializes in solving complex travel issues. For example, they may specialize in helping adoptive parents travel abroad to make the task of adopting a child from a foreign country run smoothly. Or they might assist businesses with complex assignments like learning how to cater to new cultures during business deals. Travel consultants generally focus less on tourism and more on helping iron out logistical issues.

6. Travel photographer

As a travel photographer, you’ll have plenty of options for making money off your passions for travel and photography. You can sell photos taken while traveling to newspapers, magazines and websites. Or you can sell your favorite shots in your own online shop. You could license your gorgeous photos of Paris or Peru to companies that create goods like calendars or art prints. Perhaps you want to help create stock photography for big companies like Getty Images. Point being, we live in a very visual world and there are plenty of options for starting a travel photography business.

7. Create a haunted attraction

Want a surefire way to make sure your hotel or guided tour drum up enough business? The solution is easy: Make it haunted. This may seem like a business better suited for Halloween time, but people are ready to get their scare on year-round. These haunted attractions do particularly well in historic locations like towns on the east coast where there are plenty of ghost stories to go around. Do some research and then let your imagination take care of the rest. You might want to load up on business insurance just in case your haunted attraction is too scary.

8. Teach cultural classes

It’s time to share your unique culture with the world. Offer fun classes for tourists that will make them feel like locals, whether that be a Creole cooking class or an art class that captures a local style of painting. Help tourists pick up a skill that they won’t learn anywhere else, like how to make an authentic cup of Turkish coffee or bake a truly Parisian croissant.

9. House or pet sitting

Sometimes a travel business does its best work when helping travelers look after what they left behind. House or pet sitting can be a great side hustle to take on if you’re looking for a little extra cash. Of course, you could always start a larger business like a kennel that takes care of beloved pets while their owners are jet-setting around the world. Some people are even willing to pay for plant hotels that keep their plants in tiptop shape until they return from vacation. Consider a travel business that will give your customers peace of mind while they are far from home.

10. Travel blogger

You’ve traveled the world and, boy, do you have some good stories to tell. So why don’t you then? By starting a travel blog, you can make money by sharing your experiences. You can offer up travel advice, share photos from your journey and review restaurants and hotels. Once your blog picks up some steam (aka gets a decent amount of pageviews and monthly visitors) you’ll be able to make money from ads hosted on your website, sign up for affiliate programs, or create sponsored content for brands. If this sounds like your ideal business, this guide can help you start a travel blog.

11. Ecotourism

Sustainability is all the rage right now and for good reason. It makes sense that those who value exploring the world want to keep it safe. Which is why ecotourism (also known as green tourism) is such a potentially profitable idea. Essentially, ecotourism allows travelers to learn about local culture and wildlife in a low-impact way.

Generally, these types of tours or services (like hotels) try to minimize the impact of traveling while giving tourists the education and tools to help positively impact the environment and community they visit. Many travelers are even willing to spend more on hotels if they are environmentally friendly. If you can find a way to show tourists a good time while helping them make a positive impact, you’re sure to have a popular business on your hands in no time.

Start Your Dream Business

12. Home rentals

Do you have a gorgeous pool house just waiting to be turned into an oasis for weary travelers? Consider starting a home rental business. You can list any rooms in your house that are available to rent out (or even your entire house if you’re headed out of town yourself) on home rental websites like Airbnb or HomeAway. If you live in a popular area where hotels are particularly pricey, then you may be able to fetch a pretty penny by allowing customers to rent rooms in your home.

The best part is, you get to set your price. You only have to rent to people who can meet your price and who you think would be a good tenant (Hint: They need as many good reviews as you do). This can be an ideal business for bringing in extra money to help fund your next vacation. Just make sure that your town, apartment complex, or homeowners association allows you to rent out your property and that you’re following proper regulations.

This article originally appeared on JustBusiness, a subsidiary of NerdWallet.

On a similar note...

How To Start Tour And Travels Business In India?

Table of Contents:

1. Tour And Travels Business In India

2. tours and travels business plan, 3. why curate tours and travels business ideas, 4. tours and travels business ideas, faqs on tours and travels business plan.

A highly workforce-centric industry, tours and travel business require a lot of hard work as well as a passion for exploring and offering more. When the customers are in a relaxed state of mind, their expectations from the service provider are maximum.

A tour and travel business involves coordinating between local vendors and tour guides, booking for travel through land, water, or air, documentation processing as well as identifying and retaining a pleasant tour guide who will be the face of the company.

To start a tour and travel business in India , the business plan should have the following important components:

1- Target group of customers

The tours and travel business can cater to a niche group of customers like school and college students for educational tours or can have its tours business spread across to cater to the family for general vacation or religious tours. Tours and travel business plan starts with defining the target segment. After this is defined, a core team having interest and expertise in this travel business needs to be put together.

2- Area to be covered

Based on the core team's expertise and the defined target audience, the tour and travel business plan can proceed to the next step of defining their geographical area of operation.

3- Allied service providers required

All tour and travel business operators can't provide end-to-end service. They may be specialists in one part of the operations or may specialise in several components of the business spectrum. Accordingly, they might have to outsource allied services.

4- Scale of operation

This component is flexible depending upon the vision and mission of the tours and travel business. If the owner wants to look at it as a small-scale business idea, then he/she can start from a small geographical area initially and expand later on. On the other hand, if a well-established business is looking for new business ideas or unique business ideas to expand their conglomerate, then this tours and travel business offers both variety and different scales of operation.

Having decided on the above, the steps involved in starting a Tour And Travels Business In India is-

Prerequisites

Analyse the potential of your chosen area of operation in terms of profit-making opportunities, market growth potential, etc. The required business-related registrations must be put in place. One needs to explore the various schemes brought out by the government of India to facilitate the growth of small-scale businesses.

Have your marketing communication in place well ahead of the planned dates of the tour. Make a compelling offer for your target customers to join the tour. It could be the dynamic and energetic TV personality who is the host, the number of places that you offer to show, the star-studded hotels that you have in the itinerary. This USP of yours must be something that your target audience is hearing for the first time. This will allow you to get the first group of customers.

Finances/Capitals

Most of the tours and travels operate on the inflow of capital from customers, which is taken as advance. Most of the ancillary service providers also allow the tours and travel business operators to avail services on credit. Networking and relationship management with vendors go a long way in the tours and travels business to be successful. The initial capital investment required can be acquired as a loan from Government and Non-Government sources after due diligence.

Operational

Tours and travel offer excellent services to the first few groups and diligently follow up for good customer feedback. Use referral methods and offer repeat customers a discount or loyalty programs to generate your customer base. Keep exploring new add ons that you can offer to the tours that you are running, as well as explore options for new itineraries and tours that you can conceive.

Innovation and dynamism are the keywords to succeed in the tours and travel business. Hence unique business ideas survive and grow in this sector. As we talk of Innovation and dynamism, the role of social media in boosting your tours and travels business can never be undermined. Potential tourists extensively search on social media platforms before deciding on a particular tour operator. Hence monitoring your active and passive presence on the web is very important.

Over the last two decades, more and more people have started traveling for a specific purpose as well as the number of tours they undertake has increased. Hence tour and travel business is one of the best small-scale business ideas if you want to start small and test the waters. Another reason why this is one of the best business ideas is the number of fields available under the new business ideas in this category. This sector also offers unique business ideas since the customised offerings in a tour and travel business plan may be under the following segments -

1- Adventure tourism

Millennials are the main target customers driving this sector, but it can turn into a goldmine if the tour and travel operator approaches the business with creativity by offering unique adventure sports as well activities to the youngsters.

2- Religious tourism

India is a religious country and home to a lot of religious rituals and beliefs. Monumental pieces of worship along with the Indian belief in divine intervention have fuelled the growth in religious tourism. The tour and travel business specialising in these fields operates following local festivals like the Char Dham Yatra, Khumb Mela, etc.

3- Wellness tourism

Modern-day lifestyle calls for intermittent resting of body and mind, and this is where the unique business idea of wellness tourism fits in. From detox camps to rejuvenating centers, a whole array of offerings defines this landscape.

4- Rural tourism

This sector caters to travellers who want to be close to nature and experience the beauty of rural hinterlands. Rural tourism has created a niche in the tour and travel business. The local cuisine, farm and vineyard visits, and trying your hands on local crafts like pottery are some of the offerings from the stable of a rural tour and travel operator.

5- Heritage tourism

India is a land of abundance when it comes to historical monuments and buildings. Indian tourists, as well as foreign tourists, are keen to explore the same, and the tours and travel business catering to this need is seeing a boom, with UNESCO recognising many sites in India as World Heritage Sites.

There is a growing demand in the tours and travels business. People travel for work and pleasure. They also travel locally as well as globally. Hence a tours and travel operator can identify the requirements of his target audience and can use effective marketing communication through social media to grow his business.

1) How to Start a Computer Training Institute? 2) How to Invest Money? Investment Tips for Small Businesses 3) How To Start A Car Rental Business? 4) How to Start a Coaching Institute for English Speaking Class?

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Q. Can I change the specialisation of my tours and travel business at any point in time?

Ans. Yes, tours and travel business owners need to continuously look for opportunities to diversify or integrate new components in the travel itinerary.

Q. What is the most important component of a tour and travel business?

Ans. A skilled and semi-skilled workforce required to handle the different components of the tour and travel business is the important component of a tour and travel business.

Q. Is wellness tourism similar to Yoga tourism?

Ans. Yoga tourism can be considered a type of wellness tourism.

Sukanya Mukherjee

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7 Revenue-Boosting Strategies for Your Travel Business

Briana Morgaine

8 min. read

Updated February 26, 2024

Not only is the travel industry one of the largest in the world, but it encompasses a wide variety of business types and customer needs.

This makes the travel industry easy to break into, as there are plenty of niches to fill, but difficult to stand out in, as large players (think major airlines, hotel chains, and services like Uber and Lyft) dominate the market.

To help your travel business stand out and bring in more revenue, here are seven research-driven, data-backed strategies you can implement today—or plan for once you’ve got your business up and running.

• 1. Ask for referrals

Customer referral programs can be an effective way to increase revenue for your travel agency, if implemented correctly.

In an effort to suss out the actual statistical effectiveness of referral programs, Referral Saasquatch did a roundup of customer referral program statistics, and found that 65 percent of new business comes from referrals, and 92 percent of respondents trusted referrals from people they knew.

Sami Belbase, President of Encore Jets, listed asking for referrals as number one in his list of most effective strategies for improving revenue. When it comes to why he advocates for a referral program, Sami is succinct: “If you don’t ask, you don’t get.”

Now, the process of asking for referrals can be a bit tricky—in fact, Hubspot found that the discomfort employees often feel when asking for referrals was why many referral programs fail. To combat this, they compiled some useful tips and referral templates to help with the process, which can be implemented by your sales team.

• 2. Establish a strong social media presence

If your travel business isn’t using social media to its advantage, it’s a good idea to pick and commit to a few social profiles at the very least.

While each business will have a slightly different user base with different social media habits, there’s a good likelihood that your customers use social media for travel purposes. A report by Deloitte found that over a third of people use online booking for their vacations, and the same report indicated that most travelers will discuss their trip on social media sites as soon as the day they return.

Sami Belbase recommends a “multi-channel strategy” when it comes to social media, and attests that a well-executed social media strategy has been one of the most effective tactics for boosting revenue for his business, Encore Jets. “Each platform is slightly different and built for a different purpose,” he says. “Harness the benefits of each and compose a multi-channel strategy while keeping an integrated campaign in mind.”

• 3. Motivate your team members (especially your sales team) with great incentives

When it comes to increasing revenue for your travel business, your sales team is on the front line.

So, how do you encourage your sales team to work as hard as they can to bring in the most clients and book the most trips possible?

“The biggest boost in sales has been through the motivation of our sales employees through personal incentives,” says Emmelie De La Cruz, Digital Marketing Manager for Shofur. “Our top sales rep is going to be awarded an all-expense paid trip to the NBA finals if he meets his sales goals this month.”

The data backs up the success of sales incentive programs: Blackhawk Engagement Solutions found that when structured properly, sales incentive programs can increase employee performance by up to 44 percent. Not only that, they found that annual revenue increase was three times higher among companies that use tangible sales incentives!

“This kind of personalized approach to employee incentives is a much better motivator that commission, and helps to build team morale,” says Emmelie. “When our team is happy and excited about the work that they do, it translates into better interactions with our customers and thus, more sales.”

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• 4. Encourage your customers to leave reviews

We all know online reviews are of huge importance —how many times have you looked up a restaurant, only to be put off by negative reviews on Yelp?

The importance of good online reviews doesn’t just end with dining, however. “Real customer reviews are the answer to more business,” says Natasha Malinsky, Shopping and Lifestyle Consolidator for ShopNYC Tours. “TripAdvisor is golden, and customers treat it like a travel bible.”

But just how important are online reviews for increasing revenue? Studies suggest that when it comes to buying decisions, 90 percent of consumers are influenced by reviews, and 87 percent of potential customers will not consider a business with a low rating on review sites.

All that being said, how do you get your customers to leave you reviews?

Simple— just ask.

• 5. Establish a personal connection with your customers

While revenue-boosting strategies tend to focus on bringing in new customers, don’t forget the importance of returning users.

Returning customers should be getting plenty of your attention: The likelihood that you’ll be able to sell again to an existing customer is 60 to 70 percent, while selling to a new customer is only five to 20 percent.

So, knowing this, how can your travel business make sure that you build a solid connection with your existing customers, to keep them coming back? Simon Harding from Theatre Breaks recommends reaching out personally.

“We contact those who have just booked, to make sure the booking process is okay, and we contact those who have just come back to make sure they had a good time,” he explains.

“It is really personal. We try to keep our own customers so that we establish a relationship with them,” says Simon. “Okay, it is a bit of extra work, but life in a travel agency has its ups and downs and we are finding it saves time because, by keeping up the communication, we know what the client wants to do next, earlier. So, no last minute rushes, and more chance of finding a deal.”

For Simon and Theater Breaks, reaching out to customers personally also has had the added benefit of increasing customer reviews and word of mouth, which has benefitted business. “While we are talking, we do now ask for official reviews,” he says. “We now have the opportunity to find out where customers are most likely to leave a review and help them to do so.”

• 6. Go where your customers are

While social media and other online marketing is certainly effective, there is something to be said for getting down in the trenches and actually going where your customers spend time.

David Feldsott, founder, and CEO of PanTrek, recommends just that. “We went out to find our potential customers, in the real world,” he says.

“Since we are an online travel agency that sells inter-city bus tickets, our target consumers are typically millennials (students, tourists, young professionals, and backpackers),” says David. “So, we went to hostels and hotels and told the staff about our website to make their job fielding questions easier, went to local universities and advertised to the students, posted on travel forums where tourists seek answers to common questions about bus travel, etc.”

PanTrek saw a marked improvement in their business as a result of actually speaking to their potential customers. “People checked out our product, fell in love with it, and our business took off via word-of-mouth,” says David. “We brought in new customers who didn’t know our service even existed and they spread it to other travelers they met along the road.”

This isn’t just one business’s success talking—word-of-mouth marketing is extremely powerful, with an estimated 500,000 conversations generated from every 1,000 customers. Not only that, but 92 percent of customers trust word-of-mouth recommendations over advertising.

• 7. Establish strategic partnerships

A strategic partnership involves your business coupling up with another business for an arrangement that benefits you both.

In the context of the travel business, this could look like an agency partnering with a hostel at their destination, where travelers get a discounted rate on a room.

Partnerships can be incredibly effective when it comes to boosting revenue. Just look at this case study from Kissmetrics, which details how one business’s partner network was responsible for a 1,983 percent increase in revenue!

Sami Belbase has had huge success with the partnerships he has established for Encore Jets. “The strongest way to partner with another company is leading in with the interest for a client,” he explains.

“[For example], when my client has a need to book at a high end property in, let’s say, St. Tropez, I will call a couple real estate firms, speak directly with someone in upper management, and discuss my client’s interest in their property. Immediately, a level of trust, and mutual interest will be stimulated between my agency and the real estate agency. Almost always they will propose a partnership moving forward as they have clients that need my service.”

• Ready to get started?

Maybe you’re still in the planning stages, and not quite ready to implement these strategies yet. If that’s the case, you’re in luck—we’ve done a lot of the legwork for you.

First, check out my other article, How to Start a Travel Agency. It’s filled with advice from entrepreneurs who have started successful travel businesses, and it covers the basics you’ll need to get started.

Second, make sure you check out Bplans  free travel and tourism sample business plans, which will give you a framework for how to structure your own business plan, and maybe some inspiration, too.

See why 1.2 million entrepreneurs have written their business plans with LivePlan

Bri Morgaine is a seasoned content marketing leader with a decade of experience in copy editing, social media operations, and content strategy— having honed her skills at industry giants like Palo Alto Software and Andreessen Horowitz.

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11 Business Ideas for Travel Lovers

Table of Contents

Do you want to explore the world and be your own boss? Starting your own business doesn’t mean you have to stay in one place. Many businesses in the digital age don’t require a brick-and-mortar shop, and some businesses will even take you to your dream destinations.

Running a business isn’t for the faint of heart, however. If you’re determined to see the world while owning a business, check out these 11 business ideas for people who love to travel. 

Business ideas for travel lovers

1. traveling personal assistant.

Some people, such as politicians and celebrities, require a personal assistant. Personal assistants usually travel with their employer whether they are going on tour, have speaking events or conduct business in other locations.

If organization, time management and problem-solving are your top skills, create your own agency. Personal assistants typically arrange travel and accommodations, manage schedules, run errands and coordinate with other staff members. 

2. Travel blogger

If you love writing and photography, a travel blog could be your ticket to several dream destinations. Bloggers often create helpful guides, explore new cities, take interesting photos, and provide recommendations and tips. Before you take the plunge, however, understand that blogging can be tough and time-consuming. It often takes a couple of years before you make money blogging, but when you do, you’re essentially getting paid to travel the world and write about it.

If writing isn’t your expertise and you’re better with a camera, try being a travel vlogger. With YouTube, vlogging is a lucrative business. Take your business on the road and create videos about traveling the world and visiting the best tourist spots.

3. Social media influencer

If you have a large online following, you can make a steady income through sponsored posts and pictures. Many brands use influencers to advertise their products and encourage followers to buy goods and services.

Some brands will even pay for social media influencers to attend their events or stay at their resorts in exchange for documenting their experience on their social media accounts.

4. Travel agency

People want honest and helpful advice. Travel agents help people plan vacations and trips across the globe. They often have specialties for different countries or niches. If there is a country or city you love to visit, you can make recommendations to others who want to see more of the world.

You can start your own home-based travel agency through either a franchise or non-franchise agency depending on your budget and accreditation. You may need to look into obtaining a certification, and you may need to pay monthly fees if you partner with a host agency.

5. Photographer

Photography is a great skill to have if you want to travel. If you start a photography business, you could travel the world and capture its beauty with your camera. You could sell these photos to publications or as art. You could also become skilled at a specific type of photography, such as candid portraits, family photography or wedding photography. People need a skilled photographer at their destination wedding, and you could be just the person for the job.

6. Public speaker

Do you have expertise in your field and great communication skills? If so, you could become a public speaker. Speakers often travel across the country or even the world to spread their message and inspire millions. These individuals also have other streams of income, such as being a social media influencer, selling books or creating a blog about their expertise.

7. Traveling event planner

Event planners organize corporate and professional events and meetings. They typically arrange catering, location selection, travel accommodations and more. If you have networking, organizational and time-management skills, you could travel the world as an event planner. Event planning worldwide could open up even more travel opportunities and larger-scale events in the long term.

8. Translator

If you’re fluent in multiple languages, creating a translation business could be a great way to see the world. Translators are needed in almost every industry. They assist international businesses, globe-trotting executives and high-profile individuals by translating documents, books, emails, conversations and more. If you’re not sure where to start, offer to translate menus for restaurants in your area or promotional materials for small businesses.

9. Wedding planner

The job of a wedding planner is to create a stress-free wedding day. Wedding planners must be the calm in the middle of the storm and have a unique ability to soothe nerves when everything doesn’t go as planned.

While a lot of wedding planners have expertise and a network in a specific town or location, many couples opt for a destination wedding. These weddings can typically be even more stressful, because you must figure out how to get guests from point A to point B. You also must make accommodations over the phone rather than in person. However, this is a great opportunity to travel to beautiful places across the globe.

10. Graphic designer

As our world becomes more digital, the demand for website developers and graphic designers is growing. With online tutorials and programs — including Photoshop, WordPress and Illustrator — it’s easier than ever to create your own graphic design business.

Market yourself as a freelance graphic designer, and assist others in creating their own branding, landing pages and promotions — a job you can do from any location. A knowledge of coding (HTML, PHP and CSS) further adds to your expertise so you can help companies develop business websites as well as design them.

11. House sitter

Many people feel better about leaving for vacation with someone staying at their house to take care of their home and pets. In exchange for your services as a house sitter (feeding and walking pets, gathering mail and tending to housework), some people may pay you to stay at their homes while they travel abroad or stay at one of their multiple homes. There are websites and services to get your name out there. You could also create your own house sitter agency, marketing yourself as trustworthy and reputable.

As fun as the above travel-lover jobs might sound, traveling can bring stress due to delayed flights, high costs and other unexpected events. Our guide to avoiding stress during business travel can help you navigate almost any challenge you face.

What to know before starting your business

There are some key tips you should know before attempting to start your own business. These are true for both travel-heavy businesses and those that would mostly keep you at home.

It takes more than just passion.

Although starting your own business allows you to do something you love, that’s only a small part of the endeavor. Running your own company involves a lot of responsibilities, many of which won’t be as enjoyable as creating your product or providing your service. However, by creating a business plan , interacting with customers and marketing your company, you’ll have a greater chance of success. 

Activity and growth aren’t the same. 

Just because your company is changing doesn’t necessarily mean you have a growing business . Hiring new employees, adding features to your products and expanding your physical space can help you grow. But unless these steps lead to a notable increase in income, you’ve expanded only your operations; in this situation, new strategies will be necessary for true growth. 

Your numbers are vital.

Data on how much your business is earning and spending are key to your success. Without working benchmarks for how well your business is performing, you might not know how to respond to potential problems until it’s too late. 

You need the right team. 

Unless you can run your business entirely by yourself, you’ll need a good team behind you. You shouldn’t pick just anyone to help you run your company; hiring the wrong employee can cost more money in the long run. Anyone you hire should have similar career goals to your own and dedicate their working hours to your success. 

Make time for fun.

You should always leave room for fun for both yourself and your employees. While getting a business off the ground does require a lot of dedication and effort, it shouldn’t take up your entire life. To perform their best work, most people need time to recharge, and they can’t do that while on the clock. Be mindful of a healthy work-life balance so you and your employees are ready for the next day.

Looking for more ways to start a business? Check out these ideas from our partners at CO–by U.S. Chamber of Commerce , or dig into these other great business ideas .

Your own business offers challenges and rewards

Whether you’re starting a business to travel or gain control over your future career, the process isn’t easy. There are plenty of obstacles that can pop up; getting a company off the ground is one of the toughest things you can do. But that makes pulling it off all the more rewarding, and the sooner you get started, the more quickly you can reap the benefits.

Isaiah Atkins and Max Freedman contributed to the writing and research in this article.

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16 adventurous travel business ideas (2024), march 11, 2024.

The travel industry is expected to grow rapidly in the coming years, reaching over $1.6 trillion by 2028 . As more people prioritize experiences over material possessions this presents a major opportunity if you have been thinking about starting a travel business. Whether you want to start a boutique travel agency focusing on specific clientele or launch an adventurous excursion company, possibilities in the travel sector are endless.

If you still cannot figure out where to start, we got you covered with some of the most inspirational and profitable travel business ideas among globetrotters.

Best 16 travel business ideas

Here are some creative and profitable travel business ideas that you can start right away:

Local experience tours

Local experience tours offer immersive local experiences to tourists and travelers. This can be a good business idea because it allows visitors to deeply engage with local cultures, foods, activities, and people. Rather than just sightseeing, guests get to participate in unique adventures and make meaningful connections. For example, they may learn traditional cooking techniques from local chefs or join neighborhood walking tours led by long-time residents. This helps travelers create memories that a standard bus tour cannot provide. Meanwhile, it funnels tourist dollars into local communities and connects residents with appreciative guests.

How much you can make: $50,000-$150,000 annually How much does it cost to start: $5,000-$10,000 How long does it take to build: 3-6 months

Eco-friendly travel planning

Eco-friendly travel planning specializes in planning vacations focused on sustainability. This business would consult with travelers to suggest eco-friendly transportation, lodging, tours, and activities at each destination. Promoting green travel helps the environment by reducing carbon emissions. It also allows tourists to reduce their environmental impact through mindful choices. As more people seek eco-trips, a travel agency well-versed in this niche can match values-driven clients to the right locations and vendors. The differentiator is expertise in vetting and curating the most planet-friendly getaways.

How much you can make: $50,000-$100,000 annually How much does it cost to start: $2,000-$5,000 How long does it take to build: 2-4 months

Digital nomad services

It is a business that provides services to digital nomads. The business would help digital nomads be productive and enjoy their nomadic lifestyle. It could offer services like a membership program to access vetted wifi hotspots, discounts at co-working spaces, a network of trusted housesitters and property rentals, social meetups and events, job boards, and more. The goal would be to simplify logistics and create a community for remote workers on the go.

How much you can make: $40,000-$80,000 annually How much does it cost to start: $1,000-$3,000 How long does it take to build: 1-3 months

Travel blogging and vlogging

Travel blogging and vlogging refer to creating a blog and video blog to document travels. It involves creating written and visual content based on experiences visiting new destinations and sharing reviews about things like hotels, restaurants, attractions, and tours. There is a large audience of people who enjoy following along on others’ trips for inspiration on where to go as well as trustworthy recommendations. The blog and social media posts have the potential to generate clicks and shares as readers find the first-hand information helpful. All the content created while traveling opens up diverse moneymaking avenues. For instance, ads and affiliate marketing related to hospitality and tourism with commissions on reservations made.

How much you can make: $30,000-$100,000 How much does it cost to start: $1,000-$5,000 How long does it take to build: 6-12 months

Local guide services

By providing local knowledge, insider tips, and unique perspectives, a local guide service can help travelers discover hidden gems, understand the culture and history of a place, and create unforgettable memories. Moreover, this business model has low startup costs and can be easily scaled based on demand. It also supports the local economy by promoting small businesses and cultural attractions. With the rise of online platforms and social media, it has become easier than ever to market and book local guide services, making it a viable business opportunity for entrepreneurs passionate about their communities and eager to share their expertise with others.

How much you can make: $30,000-$60,000 How much does it cost to start: 1,000-$3,000 How long does it take to build: 2-4 months

Vacation rental management

It is a business that helps homeowners rent out their vacation properties. Owners hire this service to advertise listings, screen guests, manage bookings and payments, coordinate check-ins/outs, handle maintenance issues, and overall take care of all aspects of making the property available as a successful rental. The service benefits owners by maximizing occupancy and rental rates and it also benefits guests by providing professional management and good experiences. Overall it connects homeowners and travelers in a mutually beneficial way through convenient, managed vacation rentals.

How much you can make: $50,000-$150,000 How much does it cost to start: $10,000-$20,000 How long does it take to build: 6-12 months

Custom travel accessories

Custom travel accessories allow customers to personalize and customize their travel accessories. This business would offer products like luggage tags, passport holders, travel pillows, blankets, and more that could all be customized with the customer’s name, initials, favorite colors, and patterns. Customers appreciate custom accessories that feel made just for them. The business would cater to this demand by providing quality customizable products and a seamless online ordering experience. This allows customers to get the travel gear delivered right to their door.

How much you can make: $30,000-$100,000 How much does it cost to start: $5,000-$10,000 How long does it take to build: 3-6 months

Budget-friendly travel

Budget-friendly travel would help budget travelers by curating affordable travel packages, hotels, activities, and transportation options. For example, packages could bundle reduced-rate rooms with discounted local attractions, meals, and airport transfers to provide an entire trip for a reasonable price. Customers would simply choose their destination and desired budget, and receive an all-inclusive, cheap but high-quality travel experience. By hunting for travel deals, pre-arranging discounted group rates, and negotiating prices for budget bundles, the business does the hard work for the customer.

How much you can make: $40,000-$80,000 How much does it cost to start: $2,000-$5,000 How long does it take to build: 3-6 months

Luxury cruises and upscale all-inclusive

Luxury cruises and upscale all-inclusive is a worthwhile business idea to consider because many high-income people desire lavish getaways with top-tier amenities and easy convenience. The business would arrange deluxe experiences including six-star cruises with private balconies, butler service, and gourmet dining or five-star beach resorts offering elite spas, golf, and personalized adventure excursions. It solves the hassle of intricate travel planning for demanding luxury guests. By leveraging partnerships and global connections, the business can facilitate access to hard-to-book suites, dream locales, and elite recreations for well-to-do travelers seeking the ultimate, no-compromises holidays tailored specifically to their desires.

How much you can make: $100,000-$250,000 How much does it cost to start: $50,000-$100,000 How long does it take to build: 12-18 months

Glamping offers the experience of camping outdoors combined with more comfortable, outfitted tents, beds, furniture, bathrooms, and other amenities more commonly found in hotels. This can appeal to those who enjoy nature and the outdoors but don’t necessarily want to rough it in a traditional tent fully. There is demand for off-the-grid vacations and glamping caters well to this market. The start-up costs may be higher than traditional campgrounds to furnish the upscale tents and build suitable restrooms/showers. However, the nightly rates charged to guests offset this over time. It allows for seasonal hospitality without large permanent real estate. The modular and transportable nature also provides flexibility if relocating the glamping resort is necessary.

How much you can make: $50,000-$150,000 How much does it cost to start: $20,000-$50,000 How long does it take to build: 6-12 months

Go solo or go social

Go solo or go social provides a platform for people to access services, either individually or in a social setting. The premise is that some services are best-enjoyed solo while others are more fun with company. For example, a massage may be preferred alone while going to a dance class could be more enjoyable with friends. The business would allow users to search for and book various services, selecting if they want to partake solo or if they want to facilitate a group social experience around the service. This can help service providers reach more customers, especially younger demographics interested in social experiences. It also caters to solo customers unable or unwilling to coordinate groups. Allowing both individual and shared services widens the target market.

How much you can make: $30,000-$60,000 How much does it cost to start: $2,000-$5,000 How long does it take to build: 2-4 months

Crypto trips

Crypto Trips accepts payment in cryptocurrencies and rewards customers with crypto tokens or NFTs. This allows crypto enthusiasts to spend their assets on memorable life experiences while earning exclusive rewards. It makes cryptocurrency more usable in daily life. The agency would partner with hospitality vendors to build travel packages that crypto holders could purchase with their preferred coin. Along with the trips, customers would gain access to unique digital collectibles from that destination. As cryptocurrencies gain mainstream traction, a crypto-based travel agency creates a practical use case while catering to a tech-savvy audience.

How much you can make: $50,000-$100,000 annually How much does it cost to start: $5,000-$10,000 How long does it take to build: 3-6 months

Sleep tourism

Sleep tourism is an idea where people travel specifically to get high-quality sleep. It would involve setting up accommodations designed specifically for optimal sleep health. This could be attractive for those who struggle with poor sleep at home due to noise, light, uncomfortable beds, etc. Quality sleep is increasingly seen as vital for physical and mental health, yet many do not prioritize it. This business would cater to that need, becoming a sleep-focused travel destination. Visitors could enjoy comfortable beds and bedrooms, carefully regulated temperatures and lighting suited for sleep, soundproofing, and possibly amenities like soothing music or scents. The sleep tourism business would be founded on the understanding that quality sleep underpins health, performance, and well-being. Providing an environment optimized solely for excellent slumber, it allows travelers to experience the proven benefits of great sleep.

How much you can make: $50,000-$100,000 How much does it cost to start: $10,000-$20,000 How long does it take to build: 6-12 months

Adventure travel guide service

Adventure travel guide service connects adventure travelers with experienced, local guides at their destination. Many people want more immersive, off-the-beaten-path experiences when they travel. However, finding trustworthy, knowledgeable guides can be challenging, especially in developing countries. This service would vet potential guides, connect them with clients based on adventure activity interests and trip details, and take a percentage from the guide fees. It would make adventure travel easier to plan and provide income to local guides.

How much you can make: $40,000-$80,000 How much does it cost to start: $5,000-$10,000 How long does it take to build: 3-6 months

Corporate travel management

Corporate travel management specializes in booking and managing business travel for companies. Many large companies spend a significant amount on employee travel but find coordinating all the flights, hotels, transportation, and other details very time-consuming which makes it a profitable business idea. A corporate travel management company simplifies the process by customizing travel booking platforms, negotiating discounts with travel vendors, providing a dedicated account manager, organizing group travel, and streamlining expense reporting.

How much you can make: $75,000-$150,000 annually How much does it cost to start: $10,000-$20,000 How long does it take to build: 6-12 months

Destination wedding planner

A destination wedding planner business helps engaged couples plan and execute their dream wedding in a romantic, exotic destination away from home. A destination wedding planner also often costs less than a traditional domestic wedding. A planner could provide end-to-end planning services to make travel arrangements, book venues, and vendors, manage legal paperwork, suggest ideas to personalize details and coordinate the event. They simplify the process for the couple while also getting a commission from referring vendors.

How much you can make: $50,000-$100,000 annually How much does it cost to start: $5,000-$10,000 How long does it take to build: 6-12 months

Success in this vibrant industry demands blending creativity, adaptability, and comprehending your audience. Yes, we know that the road ahead may be paved with challenges, but the rewards of building a successful travel business are well worth the trek. From the personal fulfillment of turning your passion into a profession to the financial freedom of a flourishing enterprise, the potential payoffs are immense.

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Small Business Trends

15 innovative travel business ideas for aspiring entrepreneurs.

As the world finally opens up for business, the beleaguered travel industry is getting its groove back. Not surprisingly, this is attracting a number of small business owners to explore travel business ideas.

What Are Travel Businesses?

Travel businesses primarily revolve around providing diverse services that facilitate and enhance the experience of traveling.

These services can range from arranging lodging accommodations, vehicle rentals for transportation, curated excursions, and immersive activities that allow travelers to deeply engage with the local culture.

While the travel sector primarily focuses on the logistics of transportation and lodging, it deeply intertwines with the broader tourism industry.

Together, they aim to create memorable experiences for tourists, catering to their varied preferences and ensuring a smooth journey from start to finish.

READ MORE: Build A Travel Business You Can Sell With These 5 Tips

Be sure to check out Income Hub’s article, “7 Travel Business Ideas Trending With Low Startup Costs,” after you’re done reading:

The Travel and Hospitality Industry

The unanticipated global pandemic wreaked havoc on the travel and tourism sector. Consequently, and for a prolonged two-year period, businesses worldwide faced unprecedented challenges as international and domestic movements came to an almost complete standstill.

However, there’s renewed optimism that this is the year the industry will make a triumphant comeback. The continued prevalence of flexible working arrangements has given birth to a new category of travelers – those combining work with leisure.

Responding to this change, the travel industry is innovating to integrate work-friendly environments, such as co-working spaces within hotels or resorts.

Furthermore, a significant shift towards sustainable travel is becoming increasingly evident. Today’s travelers are not just satisfied with basic eco-friendly initiatives. They are actively seeking out holistic, sustainable travel experiences.

This encompasses everything from choosing accommodations that practice waste reduction, opting for transportation methods with a smaller carbon footprint, to prioritizing dining options that serve vegan dishes and use locally-sourced ingredients.

Why You Should Consider Starting Your Own Business In Travel

From a commercial standpoint, this is perhaps the best time to start your own business in travel.

Let’s take a look at the factors that make this a lucrative business opportunity.

• Potential to earn more: As traveling regains popularity, there are abundant opportunities to increase your income.
• Choose your domain: Another great thing about starting a travel-related business is you have plenty of options to explore. For example, you may choose to specialize in a domain such as travel photography or travel consulting based on your interest.
• Do without an office: Thanks to digitalization, a number of small travel businesses have gone completely online. This saves these online business owners both time and money.
• Partner with other service providers: As a business owner in this sector, you don’t have to venture out alone. You can easily tie up with other service providers and offer a better deal to your customers.
• Low startup cost: Many small businesses prefer the travel industry because of the low startup cost. Depending on the scale you have in mind, you can keep your business profitable.

READ MORE: Small Business Ideas for Beginners

Our Methodology to Choose the Best Travel Business Ideas

When exploring travel business ideas, it’s crucial to choose concepts that are not only viable in the current travel market but also resonate with the entrepreneur’s interests and capabilities. Here’s the methodology we used to evaluate potential travel business opportunities:

Market Demand and Travel Trends (Rating: 9/10)

Assessing the current and emerging trends in the travel industry was our starting point. We focused on business ideas that cater to popular travel trends, such as eco-tourism, adventure travel, or luxury experiences.

Niche Market Opportunities (Rating: 8/10)

We looked for niches within the travel sector that offer unique opportunities. This includes specialized tour services, niche accommodation options, or catering to specific traveler demographics.

Low Initial Investment and Overhead (Rating: 7/10)

Considering the startup costs and ongoing operational expenses was crucial. We prioritized travel business ideas that require minimal initial investment and have manageable overhead costs.

Flexibility and Lifestyle Fit (Rating: 8/10)

The travel industry often allows for flexibility in terms of operation. We selected ideas that can adapt to the entrepreneur’s lifestyle, whether they seek full-time engagement or part-time involvement.

Profitability and Revenue Streams (Rating: 8/10)

Evaluating the potential for profit and diverse revenue streams was key. We looked for travel business ideas with a clear path to profitability, including opportunities for ancillary services and upselling.

Scalability and Expansion Potential (Rating: 7/10)

The potential for scaling and expanding the business was another important factor. We considered travel business ideas that can grow over time, either through geographical expansion, franchising, or diversifying services.

Personal Passion and Expertise (Rating: 8/10)

Finally, aligning the business with personal interests and expertise in travel is vital. We focused on ideas that match the entrepreneur’s passion for travel, enhancing their dedication and satisfaction.

By applying these criteria, we aimed to identify travel business ideas that not only promise profitability and market relevance but also align with the entrepreneur’s passion for travel and lifestyle preferences.

Popular Travel Business Ideas

Today, the travel business goes beyond setting up an agency. Thanks to customers who continue to look for better options, there are a number of profitable travel business ideas. Let’s explore some of these in detail.

1. Tour Guide Business

This is the ideal business idea if you don’t have the capital to invest in your business – at least not in the initial phase. To succeed, you should have knowledge about the location where you operate. You should also be based in a place that draws enough travelers.

2. Bed and Breakfast Business

If you want to turn your home into a business location, a bed and breakfast is the right option for you. To make it popular with many travelers, you need to offer a truly great experience. This includes having a real passion for hosting different people and making them feel comfortable during their stay.

3. Car Rental Business

Many travelers rely on cars to move around when they travel. For this reason, a car rental is the most obvious choice for many of these travelers. If you have experience with automobiles and their maintenance, this business can work for you.

4. Scooter Rental Business

Many leisure travelers prefer using scooters, especially when the weather is great outdoors. To be able to start this business, you should have at least 3-4 scooters. You should also have in-depth knowledge about scooters.

5. Travel Photography Business

If solopreneurship is your calling, starting a travel photography company is one of the obvious choices. As a travel photographer, you have the flexibility and freedom to travel, take pictures and make money. Moreover, if you’re truly talented, you can make a lot of money through the various stock photography websites.

6. Translation services

Another popular option for those who want to run their business independently is translation services. And this skill will come in handy when you are contending with customers coming from the outside. As such, your ability to converse fluently in more than one language is especially useful when you are in a busy town that sees a lot of travelers.

7. Medical Tourism

In recent years, medical tourism has become widely popular in various parts of the world. In addition to the modern medical sciences, many people are interested in holistic, traditional treatment options. It goes without saying you need to have the right credentials to be able to start this lucrative business.

8. Adventure Trips

Adventure tourism is a niche within the travel industry. Extremely popular with young people, it is a great service-based business. Generally, you will have to gain experience and credentials to start this type of business.

9. Event Planning

Another business model that pays pretty well is corporate event planning. As an event planner, you will be responsible for designing unique corporate events. Be that as it may, this is not a one-person business. You will need a personal assistant and some extra manpower to succeed.

10. Travel Blogging

Making money through their travel blog is a full-time job for a number of travelers. Therefore, if you have the passion to write and document your adventures, you can turn yourself into a social media influencer. Of course, competition on social media platforms is quite fierce, but with good content, you can easily stand out.

More Great Ideas for Traveling Businesses

With several options to choose from, zeroing in on the best travel business idea may seem challenging. The trick is to focus on where your passion truly lies. Let’s explore some more ideas for your business.

11. Coffee Shop

Travelers all over the world need coffee to keep themselves energized. A coffee shop, therefore, is a great idea to attract a client base. Your choice of location will matter greatly when you set up your shop.

12. Glamping Business

Glamping brings glamor to the fun outdoor activity of camping. The idea is to create a sophisticated ambiance for campers. Of course, you need a great location and the right services in place to succeed with this.

13. Kayak Tours

Many adventurous travelers enjoy kayaking. But since bringing a kayak is often not an option for them, they have to rely on local businesses. Fortunately, this is where you can make a difference and make money through adventure sports.

14. Water Taxi Service

Depending on the location, you can offer water taxi services to your customers. This business requires you to make a small capital investment.

15. Travel Agency

Setting up an agency is a great idea if you have the adequate knowledge and manpower to cater to your customer demands. Meanwhile, if you lack the manpower, you can work as an independent operator or partner with a major travel company.

READ MORE: How to Start a Travel Agency

Comparison of Popular Travel Business Ideas

To better assist aspiring entrepreneurs in selecting a suitable travel business venture, we’ve compiled a table that compares various business ideas based on their startup capital requirement and potential profitability:

Technological Adaptations in the Travel Business Landscape

As the travel industry continues to evolve, it is undeniable that technology-driven innovations are at the forefront of this transformation. From the emergence of smart hotels and immersive AR/VR experiences to the convenience of contactless solutions and the precision of AI-powered personalization, travelers are witnessing a revolution that promises a more seamless and efficient journey.

Here’s a closer look at some of these cutting-edge advancements :

• Virtual Reality (VR) and Augmented Reality Tours: While VR provides an immersive experience where users feel like they are in a different location, AR enhances real-world views by overlaying them with digital elements, such as historical information or interactive exhibits. Both these tools allow potential travelers to explore and interact with a location or accommodation before making a booking, offering an enriched pre-travel experience.
• Contactless Technology : Given the hygiene concerns post-pandemic, the adoption of contactless payments, check-ins, and digital room keys has increased, ensuring safety and convenience for travelers.
• AI-Powered Personalization : To enhance customer experience, businesses are increasingly leveraging Artificial Intelligence. AI tools analyze past travel behaviors to recommend tailor-made travel packages, ensuring a more personalized journey for each traveler.
• Environmental Monitoring Tools : With the rising emphasis on sustainable travel, some innovative platforms now offer real-time data on the environmental impact of travel choices. This can cover carbon footprints, energy consumption, and waste production, allowing travelers to make more informed, eco-friendly decisions.
• Mental Well-being Focus : Recognizing the pandemic’s toll on mental health, travel packages often include mindfulness and wellness components. Retreats, yoga sessions, and mental well-being workshops are becoming popular inclusions in travel itineraries.
• Smart Hotels: The concept of “Smart Hotels” encompasses automated room settings, robot-assisted services, integrated mobile apps, energy efficiency systems, and personalized guest experiences, revolutionizing the stay experience for travelers.

How Do You Start Your Own Travel Business?

Launching a travel business begins with a concrete vision and a meticulously detailed business plan. It’s pivotal to understand that while some niches in the travel segment might be lucrative, they may also demand a considerable initial financial outlay.

Thus, potential entrepreneurs should thoroughly evaluate their financial standing and possibly gravitate towards business models that are more budget-friendly, especially if initial capital is a concern.

Beyond finances, it’s crucial to introspect and understand the intrinsic motivations pushing one towards this industry.

Is it a passion for travel, an interest in other cultures, or the thrill of entrepreneurship? Recognizing this driving force can guide the business’s direction and ethos.

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Travel Agency

Back to All Business Ideas

How to Start a Travel Agency

Written by: Carolyn Young

Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.

Edited by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on December 13, 2021 Updated on March 13, 2024

Investment range

$2,150 - $10,600

Revenue potential

$78,000 - $300,000 p.a.

Time to build

0 – 3 months

Profit potential

$62,000 - $90,000 p.a.

Industry trend

Who doesn’t love to travel? But most of us do not love the endless research, planning, and booking required, which sometimes feels like it takes more time than the vacation itself. This is precisely why the $35 billion US travel agency industry has been booming of late, and why it offers a real opportunity for the travel-minded entrepreneur.

By starting your own online travel agency, you can shoulder travelers’ burden and ease their anxiety, allowing them to enjoy their holiday while you make a healthy profit. And thanks to the post-pandemic boost, now is a great time to get in on travel.

Of course, starting a travel agency will not be a vacation – it will take diligence, patience, and strong guidance. Thankfully, you’ve come to the right place, as this step-by-step provides all the information you need to develop and launch your new travel agency and give you a head-start on your entrepreneurial journey.

Step by Step Business values real-life experience above all. Through our  Entrepreneur Spotlight Series , we interview business leaders from diverse industries, providing readers with firsthand insights.

Uncover the secrets to building a thriving travel agency with our interview with Casey Halloran of Costa Rican Vacations .

Looking to register your business? A limited liability company (LLC) is the best legal structure for new businesses because it is fast and simple.

Form your business immediately using ZenBusiness LLC formation service or hire one of the Best LLC Services .

Step 1: Decide if the Business Is Right for You

Pros and cons.

Every business has its pros and cons, and a travel agency is no exception. You should weigh these carefully to decide if the business is right for you.

• Flexibility – Work from anywhere, even while traveling!
• Minimal Training – Get accredited for free online
• Travel Discounts – Travel agents get top deals and reduced prices
• Demanding Work – With clients around the world you’re on call 24/7
• Fierce competition – Top sites like Expedia, travel networks, advisors, and more

Travel agency industry trends

The US travel agency industry expanded an impressive 75% in the decade leading up to 2020, which saw a massive pandemic-driven downturn. 

In 2021, many travel agents saw a surge in business as travelers unsure of all the constantly changing Covid-19 rules and restrictions turn to them for help, rather than booking their own trips. Global travel advisor InteleTravel experienced a 35% increase in business, not from the disaster year of 2020, but from 2019, which had set records.(( https://www.nytimes.com/2021/04/14/travel/summer-vacation-travel-agents.html ))

Consumers are also turning more and more to online travel agencies, with a study by Expedia showing a 25% increase in the use of online agencies in 2020 alone. Brick-and-mortar agencies seem to be a dying breed, with British travel icon Thomas Cook closing in 2019.(( https://advertising.expedia.com ))

Industry size and growth

• Industry size and past growth – Market research firm IBISWorld values the industry at nearly $48 billion in 2022.(( https://www.ibisworld.com/industry-statistics/market-size/travel-agencies-united-states/ ))  
• Growth forecast – The industry is expected to grow further as the Bureau of Labor Statistics predicted a 5% annual growth through 2030 in the employment of travel agents.(( https://www.bls.gov/ooh/sales/travel-agents.htm )) 
• Number of businesses – More than 73,000 travel agencies are operating in the US.(( https://www.ibisworld.com/industry-statistics/number-of-businesses/travel-agencies-united-states/ ))
• Number of people employed – The industry employs more than 250,000 people.(( https://www.ibisworld.com/industry-statistics/employment/travel-agencies-united-states/ ))

Trends and challenges

Trends in travel agency industry include:

• Home-stay rentals like Airbnb(( https://stepbystepbusiness.com/business-ideas/start-an-airbnb-business/ )) outperformed hotels in 27 top markets during the pandemic
• Book-now-pay-later options, such as those offered by Expedia and Booking.com, are gaining popularity
• Travel agencies undergoing digital transformation in response to the growing demand for online services

Challenges in travel agency industry include:

• Rising gas prices are impacting travel behavior
• Compliance with global Covid-19 protocols
• Keeping up with digital marketing opportunities

What kind of people work in a travel agency?

• Gender – 76% of travel agency managers in the US are female, while 24% are male. (( https://www.zippia.com/travel-agency-manager-jobs/demographics/#gender-statistics ))
• Average level of education – 64% of travel agency managers hold a bachelor’s degree.(( https://www.zippia.com/travel-agency-manager-jobs/demographics/#degree-level-types ))
• Average age – The average age of a travel agency manager is 51 years old.(( https://www.zippia.com/travel-agency-manager-jobs/demographics/#age-statistics ))

How much does it cost to start a travel agency?

The startup costs for a travel agency range from about $2,000 to $10,000, with an average of around $6,000. The high-end includes the rental of office space and a larger marketing budget, but you could easily run your online travel agency from home to cut costs.

How much can you earn from a travel agency?

The commission paid to a travel agency by travel vendors such as airlines and hotels is generally about 10%. Some travel agents also charge a nominal consultation fee for each booking, typically between $30 and $50. Those will be your two revenue streams.

The average cost of a one-week domestic vacation is $1,500 per person. The profit margin for a home-based travel agency is usually about 80%. With an office and staff, your margin will likely drop to about 30%.

In your first year or two, you could work from home and sell five two-person vacations each week. At a 10% commission, this would mean $78,000 in annual revenue. You’d have about $62,000 in profit, assuming an 80% margin.

As your brand gains recognition, sales could climb to 1,000 two-person vacations a year. At this stage, you would rent an office and hire staff, reducing your profit margin to 30%. With expected annual revenue of $300,000, you would make about $90,000.

What barriers to entry are there?

There are a few barriers to entry for a travel agency. Your biggest challenges will be:

• Competition – Big and small online firms; self-booking travelers
• Client Acquisition – Time and marketing will be required to build a reputation

Related Business Ideas

How to Start an Airbnb Business

How to Start a Bed & Breakfast

How to Start a Glamping Business

Step 2: hone your idea.

Now that you know what’s involved in starting a travel agency, it’s a good idea to hone your concept in preparation to enter a competitive market.

Market research will give you the upper hand, even if you’re already positive that you have a perfect product or service. Conducting market research is important, because it can help you understand your customers better, who your competitors are, and your business landscape.

Why? Identify an opportunity

As a travel agency, you need to find a way to differentiate yourself from the competition. Research online travel agents and booking platforms to see their offerings and prices, while keeping an eye out for something that might be missing.

Perhaps you could specialize in travel to an under-appreciated region, such as Southeast Asia, and build a network of relevant contacts and vendors. Or you could focus on finding travelers the most incredible home-stay rentals at the best prices.

You could specialize in family vacations, corporate retreats, or honeymoons. The potential niche options in the travel industry are nearly endless.

What? Determine your products or services

Travel can involve many facets, and you can handle some or all of them, in addition to flights, lodgings, and car rentals. These might include:

• Booking tours and excursions
• Dining recommendations/reservation
• Travel insurance
• Visa and emergency services

How much should you charge for travel agency services?

Travel vendors, such as hotels, airlines, and car rental firms, pay a commission to travel agents that’s generally about 10% of the booking. For instance, if you book a $1,200 flight on Turkish Airlines for your client, Turkish Airlines will give you, the travel agent, a $120 commission.

As a result, booking flights with a travel agent sometimes costs the traveler slightly more than booking directly with the airlines or through a travel site like Expedia or Orbitz. Thus, to attract customers and boost sales travel agents rely on discounted travel packages.

For instance, a return flight from Chicago to Cancun and a 6-day stay at a four-star all-inclusive resort, plus ground transport, might cost a traveler $1,000 or more to book directly. But travel agents get significant discounts from vendors because they place volume orders, so you’d be able to offer this trip as a $599 package deal.

Even after paying your commission, the traveler still saves a chunk of money by using your services, rather than booking themselves. And keep in mind, the discounts offered by vendors are likely to increase as you become a more established agent. You may be able to negotiate commissions from tour operators and excursion companies as well.

Once you know your costs, you can use this Step By Step profit margin calculator to determine your mark-up and final price points. Remember, the prices you use at launch should be subject to change if warranted by the market.

Who? Identify your target market

Your target market will depend on the concept you’ve chosen for your agency. If you’ve decided to specialize in family vacations, you’ll be targeting parents. You might find them on sites like Facebook or LinkedIn, rather than Instagram or TikTok.

Where? Choose your business premises

In the early stages, you may want to run your business from home to keep costs low. But as your travel agency grows, you’ll likely need to hire workers and may need to rent out an office. You can find commercial space to rent in your area on Craigslist , Crexi , and Commercial Cafe .

When choosing a commercial space, you may want to follow these rules of thumb:

• Central location accessible via public transport
• Ventilated and spacious, with good natural light
• Flexible lease that can be extended as your business grows
• Ready-to-use space with no major renovations or repairs needed

Step 3: Brainstorm a Travel Agency Name

Your business name is your business identity, so choose one that encapsulates your objectives, services, and mission in just a few words. You probably want a name that’s short and easy to remember, since much of your business, and your initial business in particular, will come from word-of-mouth referrals.

Here are some ideas for brainstorming your business name:

• Short, unique, and catchy names tend to stand out
• Names that are easy to say and spell tend to do better
• The name should be relevant to your product or service offerings
• Ask around — family, friends, colleagues, social media — for suggestions
• Including keywords, such as “travel” or “bookings”, boosts SEO
• Choose a name that allows for expansion: “Wanderlust Adventures” over “Beach Bum Vacations” or “Honeymoon Haven Agency”
• Avoid location-based names that might hinder future expansion
• Use online tools like the Step by Step business name generator . Just type in a few keywords and hit “generate” and you’ll have dozens of suggestions at your fingertips.

Once you’ve got a list of potential names, visit the website of the US Patent and Trademark Office to make sure they are available for registration and check the availability of related domain names using our Domain Name Search tool. Using “.com” or “.org” sharply increases credibility, so it’s best to focus on these. 

Find a Domain

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Finally, make your choice among the names that pass this screening and go ahead with domain registration and social media account creation. Your business name is one of the key differentiators that set your business apart. Once you pick your company name, and start with the branding, it is hard to change the business name. Therefore, it’s important to carefully consider your choice before you start a business entity.

Step 4: Create a Travel Agency Business Plan

Every business needs a plan. This will function as a guidebook to take your startup through the launch process and maintain focus on your key goals. A business plan also enables potential partners and investors to better understand your company and its vision:

• Executive Summary: Present an overview of your travel agency, highlighting its focus on providing personalized travel planning and booking services for various types of travelers.
• Business Overview: Describe the services of your travel agency, including custom travel itinerary planning, booking accommodations, flights, and special experiences.
• Product and Services: Detail the range of travel packages offered, such as luxury vacations, adventure tours, and corporate travel services.
• Market Analysis: Assess the current travel market, identifying target customer segments like families, honeymooners, or business travelers.
• Competitive Analysis: Compare your agency to others, focusing on your unique offerings like specialized destinations, personalized service, or exclusive deals.
• Sales and Marketing: Outline your strategy for attracting clients, using methods like online marketing, partnerships with travel providers, or attending travel expos.
• Management Team: Highlight the experience and expertise of your team in travel planning, customer service, and business management.
• Operations Plan: Describe the process of service delivery, from client consultation to trip execution and post-travel follow-up.
• Financial Plan: Provide an overview of financial aspects, including startup costs, pricing strategy, and anticipated income.
• Appendix: Include supplementary documents such as travel industry certifications, partnership agreements, or detailed client testimonials to support your business plan.

If you’ve never created a business plan, it can be an intimidating task. You might consider hiring a business plan specialist to create a top-notch business plan for you.

Step 5: Register Your Business

Registering your business is an absolutely crucial step — it’s the prerequisite to paying taxes, raising capital, opening a bank account, and other guideposts on the road to getting a business up and running.

Plus, registration is exciting because it makes the entire process official. Once it’s complete, you’ll have your own business!

Choose where to register your company

Your business location is important because it can affect taxes, legal requirements, and revenue. Most people will register their business in the state where they live, but if you are planning to expand, you might consider looking elsewhere, as some states could offer real advantages when it comes to travel agencies.

If you’re willing to move, you could really maximize your business! Keep in mind, it’s relatively easy to transfer your business to another state.

Choose your business structure

Business entities come in several varieties, each with its pros and cons. The legal structure you choose for your travel agency will shape your taxes, personal liability, and business registration requirements, so choose wisely.

Here are the main options:

• Sole Proprietorship – The most common structure for small businesses makes no legal distinction between company and owner. All income goes to the owner, who’s also liable for any debts, losses, or liabilities incurred by the business. The owner pays taxes on business income on his or her personal tax return.
• General Partnership – Similar to a sole proprietorship, but for two or more people. Again, owners keep the profits and are liable for losses. The partners pay taxes on their share of business income on their personal tax returns.
• Limited Liability Company (LLC) – Combines the characteristics of corporations with those of sole proprietorships or partnerships. Again, the owners are not personally liable for debts.
• C Corp – Under this structure, the business is a distinct legal entity and the owner or owners are not personally liable for its debts. Owners take profits through shareholder dividends, rather than directly. The corporation pays taxes, and owners pay taxes on their dividends, which is sometimes referred to as double taxation.
• S Corp – An S-Corporation refers to the tax classification of the business but is not a business entity. An S-Corp can be either a corporation or an LLC , which just needs to elect to be an S-Corp for tax status. In an S-Corp, income is passed through directly to shareholders, who pay taxes on their share of business income on their personal tax returns.

We recommend that new business owners choose LLC as it offers liability protection and pass-through taxation while being simpler to form than a corporation. You can form an LLC in as little as five minutes using an online LLC formation service. They will check that your business name is available before filing, submit your articles of organization , and answer any questions you might have.

Form Your LLC

Choose Your State

We recommend ZenBusiness as the Best LLC Service for 2023

Step 6: Register for Taxes

The final step before you’re able to pay taxes is getting an Employer Identification Number , or EIN. You can file for your EIN online or by mail or fax: visit the IRS website to learn more. Keep in mind, if you’ve chosen to be a sole proprietorship you can simply use your social security number as your EIN.

Once you have your EIN, you’ll need to choose your tax year. Financially speaking, your business will operate in a calendar year (January–December) or a fiscal year, a 12-month period that can start in any month. This will determine your tax cycle, while your business structure will determine which taxes you’ll pay.

The IRS website also offers a tax-payers checklist , and taxes can be filed online.

It is important to consult an accountant or other professional to help you with your taxes to ensure you are completing them correctly.

Step 7: Fund your Business

Securing financing is your next step and there are plenty of ways to raise capital:

• Bank loans : This is the most common method, but getting approved requires a rock-solid business plan and strong credit history.
• SBA-guaranteed loans : The Small Business Administration can act as guarantor, helping gain that elusive bank approval via an SBA-guaranteed loan .
• Government grants : A handful of financial assistance programs help fund entrepreneurs. Visit Grants.gov to learn which might work for you.
• Venture capital : Offer potential investors an ownership stake in exchange for funds, keeping in mind that you would be sacrificing some control over your business.
• Friends and Family : Reach out to friends and family to provide a business loan or investment in your concept. It’s a good idea to have legal advice when doing so because SEC regulations apply.
• Crowdfunding : Websites like Kickstarter and Indiegogo offer an increasingly popular low-risk option, in which donors fund your vision. Entrepreneurial crowdfunding sites like Fundable and WeFunder enable multiple investors to fund your business.
• Personal : Self-fund your business via your savings or the sale of property or other assets.

Bank and SBA loans are probably the best options, other than friends and family, for funding a travel agency. You might also try crowdfunding if you have an innovative concept.

Step 8: Apply for Travel Agency Licenses and Permits

Starting a travel agency requires obtaining a number of licenses and permits from local, state, and federal governments.

Federal regulations, licenses, and permits associated with starting your business include doing business as (DBA), health licenses and permits from the Occupational Safety and Health Administration ( OSHA ), trademarks, copyrights, patents, and other intellectual properties, as well as industry-specific licenses and permits. 

You may also need state-level and local county or city-based licenses and permits. The license requirements and how to obtain them vary, so check the websites of your state, city, and county governments or contact the appropriate person to learn more. 

You could also check this SBA guide for your state’s requirements, but we recommend using MyCorporation’s Business License Compliance Package . They will research the exact forms you need for your business and state and provide them to ensure you’re fully compliant.

This is not a step to be taken lightly, as failing to comply with legal requirements can result in hefty penalties.

If you feel overwhelmed by this step or don’t know how to begin, it might be a good idea to hire a professional to help you check all the legal boxes.

Step 9: Open a Business Bank Account

Before you start making money you’ll need a place to keep it, and that requires opening a bank account .

Keeping your business finances separate from your personal account makes it easy to file taxes and track your company’s income, so it’s worth doing even if you’re running your travel agency business as a sole proprietorship. Opening a business bank account is quite simple, and similar to opening a personal one. Most major banks offer accounts tailored for businesses — just inquire at your preferred bank to learn about their rates and features.

Banks vary in terms of offerings, so it’s a good idea to examine your options and select the best plan for you. Once you choose your bank, bring in your EIN (or Social Security Number if you decide on a sole proprietorship), articles of incorporation, and other legal documents and open your new account.

Step 10: Get Business Insurance

Business insurance is an area that often gets overlooked yet it can be vital to your success as an entrepreneur. Insurance protects you from unexpected events that can have a devastating impact on your business.

Here are some types of insurance to consider:

• General liability: The most comprehensive type of insurance, acting as a catch-all for many business elements that require coverage. If you get just one kind of insurance, this is it. It even protects against bodily injury and property damage.
• Business Property: Provides coverage for your equipment and supplies.
• Equipment Breakdown Insurance: Covers the cost of replacing or repairing equipment that has broken due to mechanical issues.
• Worker’s compensation: Provides compensation to employees injured on the job.
• Property: Covers your physical space, whether it is a cart, storefront, or office.
• Commercial auto: Protection for your company-owned vehicle.
• Professional liability: Protects against claims from a client who says they suffered a loss due to an error or omission in your work.
• Business owner’s policy (BOP): This is an insurance plan that acts as an all-in-one insurance policy, a combination of any of the above insurance types.

Step 11: Prepare to Launch

As opening day nears, prepare for launch by reviewing and improving some key elements of your business.

Essential software and tools

Being an entrepreneur often means wearing many hats, from marketing to sales to accounting, which can be overwhelming. Fortunately, many websites and digital tools are available to help simplify many business tasks.

You may want to use industry-specific software to manage bookings and scheduling, such as TravelPerk , TravelCEO , and TravelOperations .

• Popular web-based accounting programs for smaller businesses include Quickbooks , Freshbooks , and Xero .
• If you’re unfamiliar with basic accounting, you may want to hire a professional, especially as you begin. The consequences for filing incorrect tax documents can be harsh, so accuracy is crucial.

Develop your website

Website development is crucial because your site is your online presence and needs to convince prospective clients of your expertise and professionalism.

You can create your own website using services like WordPress, Wix, or Squarespace . This route is very affordable, but figuring out how to build a website can be time-consuming. If you lack tech-savvy, you can hire a web designer or developer to create a custom website for your business.

Your website should showcase your offerings, customer testimonials, and detailed information about destinations.

Your clients are unlikely to find your website, however, unless you follow Search Engine Optimization ( SEO ) practices. These are steps that help pages rank higher in the results of top search engines like Google.

Here are some powerful marketing strategies for your future business:

• Leverage Social Media : Use platforms like Instagram, Facebook, and Pinterest to share stunning travel imagery, customer stories, and travel tips. Engage with your audience through regular posts, stories, and responses to comments.
• Content Marketing : Start a blog or a YouTube channel providing valuable content like travel guides, tips, destination reviews, and travel trends. This not only helps in SEO but also establishes you as an expert in the field.
• Build Partnerships : Collaborate with local businesses in your chosen travel destinations, such as hotels, tour operators, and local attractions. This can lead to exclusive deals or packages that you can offer to your clients.
• Email Marketing : Collect emails through your website and social media channels and send out regular newsletters with travel tips, special offers, and new package announcements.
• Customer Reviews and Referrals : Encourage your clients to leave reviews on platforms like TripAdvisor or Google. Word-of-mouth referrals are powerful, so consider offering incentives for referrals.
• Attend Travel Expos and Events : Participate in travel expos, seminars, and networking events to build contacts and stay updated on the latest industry trends.
• Offer Personalized Services : Tailor your services to meet individual client needs. Personal touches can make a big difference in the travel industry.
• Utilize Paid Advertising : Invest in targeted ads on social media and Google to reach potential clients. This can be particularly effective when you have special offers or new packages to promote.
• Stay Informed and Flexible : The travel industry is dynamic, so it’s important to stay informed about global travel trends, destination updates, and customer preferences.
• Sustainable and Responsible Travel : With growing awareness about environmental and cultural impacts, promoting sustainable and responsible travel practices can set your agency apart.

Focus on USPs

Unique selling propositions, or USPs, are the characteristics of a product or service that set it apart from the competition. Customers today are inundated with buying options, so you’ll have a real advantage if they are able to quickly grasp how your travel agency meets their needs or wishes. It’s wise to do all you can to ensure your USPs stand out on your website and in your marketing and promotional materials, stimulating buyer desire.

Global pizza chain Domino’s is renowned for its USP: “Hot pizza in 30 minutes or less, guaranteed.” Signature USPs for your travel agency could be:

• Travel to Asia’s best secret destinations
• The best local insights and insider adventures
• Vacations for the whole family, from grandma to the baby!

You may not like to network or use personal connections for business gain. But your personal and professional networks likely offer considerable untapped business potential. Maybe that Facebook friend you met in college is now running a travel agency, or a LinkedIn contact of yours is connected to dozens of potential clients. Maybe your cousin or neighbor has been working in travel agencies for years and can offer invaluable insight and industry connections. 

The possibilities are endless, so it’s a good idea to review your personal and professional networks and reach out to those with possible links to or interest in travel. You’ll probably generate new customers or find companies with which you could establish a partnership. Online businesses might also consider affiliate marketing as a way to build relationships with potential partners and boost business.

Step 12: Build Your Team

If you’re starting out small from a home office, you may not need any employees. But as your business grows, you will likely need workers to fill various roles. Potential positions for a travel agency would include:

• Travel Agents – sales and bookings
• General Manager – scheduling, accounting, staff management
• Marketing Lead – SEO strategies, social media, other marketing

At some point, you may need to hire all of these positions or simply a few, depending on the size and needs of your business. You might also hire multiple workers for a single role or a single worker for multiple roles, again depending on need.

Free-of-charge methods to recruit employees include posting ads on popular platforms such as LinkedIn, Facebook, or Jobs.com. You might also consider a premium recruitment option, such as advertising on Indeed , Glassdoor , or ZipRecruiter . Further, if you have the resources, you could consider hiring a recruitment agency to help you find talent.

Step 13: Run a Travel Agency – Start Making Money!

Owning a travel agency means sharing the joy of travel for a living. What could be more fun? It’s also a huge, high-growth industry that you could tap into and grow a profitable business. Startup costs are low, and all you need is a simple accreditation — there’s no real training required. You just need a good concept for your agency and a great marketing plan. Having a strong online presence in this digital age is also an absolute must.

You’ve started off on the right foot by reading this guide, and now you’re ready to begin your trip to entrepreneurial success!

• Travel Agency Business FAQs

If you run your online travel agency from home, you could have profit margins of up to 80%. Costs to run your travel agency are very low, and you’re paid around a 10% commission on everything that you book. As a home-based, one-person show, you could make $60,000 per year to start, and much more once you’re established.

Consumers are turning to online travel agencies more and more, which you could easily run from home. If your business grows fast and you need to add staff, you may want to have an office.

Some consumers prefer the personal service of a smaller online agency that can offer more local, personal insights about travel destinations. The key is to differentiate yourself in some way. You could specialize in certain locations, a specific type of lodgings, such as cabins, or in a type of vacation such as corporate retreats.

Travel agencies engage in activities such as providing travel advice, booking travel arrangements, managing logistics, and offering specialized services tailored to clients’ needs.

Effective marketing strategies for a travel agency include building a strong online presence, targeted advertising, content marketing, collaborations and partnerships, and leveraging customer referrals and reviews.

Running a travel agency can have challenges due to intense competition, evolving industry dynamics, regulatory considerations, seasonal fluctuations, and the need for customer satisfaction and crisis management. 

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• Decide if the Business Is Right for You
• Hone Your Idea
• Brainstorm a Travel Agency Name
• Create a Travel Agency Business Plan
• Register Your Business
• Register for Taxes
• Fund your Business
• Apply for Travel Agency Licenses and Permits
• Open a Business Bank Account
• Get Business Insurance
• Prepare to Launch
• Build Your Team
• Run a Travel Agency - Start Making Money!

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33 Travel Business Ideas To Start In [2024]

Are you Interested in starting innovative travel business ideas ?

Starting a travel business can be a great way to make money and have fun. You could start your travel agency or find another niche in the industry you know well.

We put together 33 travel business ideas you can start in 2024. We'll highlight real-world examples of other travel businesses to help you see what it takes.

Here's the full list:

1. Start an online travel agency

An online travel agency is a web-based marketplace that allows consumers to research and book travel products and services.

Nearly 1 billion people make travel bookings online. Besides, 70% of travelers research trips on mobile devices.

With the online booking trend on an upward trajectory, 2024 is a great time to start an online travel agency.

How much you can make: $41,666 — $114,200,000/month

How long does it take to build: 180 days (?)

How a first-time founder grew the first-ever online travel agency in Bangladesh to 700+ airlines and one million-plus hotels worldwide, with a 50% increase in revenue in October 2021 compared to pre-Covid sales and aiming to hit break-even by March 2022.

2. Start a surprise travel agency

Are you looking for a scalable side hustle idea and one that allows you some flexibility?

A surprise travel agency is a good option that will enable you to choose a friendly niche market.

Besides, a surprise travel agency lets you gain exposure and experience while it is an opportunity with unlimited income potential.

If you love sharing travel recommendations and always find the best local spots when you visit a new city, this will be ideal for you.

How much you can make: $15,000 — $550,000/month

How much does it cost to start: $250 (?)

How long does it take to build: 90 days (?)

Time commitment per week: Min. 7 hours/week

Whisked Away Surprise Travel is a curated travel service for clients overwhelmed by the planning process, with revenue growth exponentially increasing each year since its launch in March 2017.

3. Start a travel agency

Are you a passionate traveler with entrepreneurial skills? Then starting a travel agency can be a great career choice for you.

As a travel agency, you'll be responsible for linking travelers to providers of all the travel and tourism-related services such as accommodation, transportation, sightseeing, tour guides, local adventure, etc.

Starting an online travel agency is a lot easier than you might think. You'll need to perform market research, get a few necessary certifications (such as your IATA number), study competition, build a website, and do proper marketing.

To maximize earnings, negotiate discounts from the industry service providers, and charge travelers within the market rate.

How much you can make: $2,000 — $114,200,000/month

How much does it cost to start: $1,000 (?)

Marissa Daniels runs a successful travel agency, Spread Your Wings Travel, that hit $100,000 in sales within a year of launch and provides payment plan options for its all-inclusive vacations, and she hopes to help 100 families supplement their income through the business.

4. Start a travel rewards app

A travel rewards app is a special mobile app that helps you earn points and rewards while traveling. These apps are designed to be used by frequent travelers who are looking to benefit from their travels.

If you love to travel but have never been able to afford it then this might be the first step to turning your dream into a reality. By making a travel rewards app you can earn handsome money by monetizing that app.

Creating a travel rewards app sounds like a complicated task. But it can be much easier than you think. You don't need travel industry experience or an office in Silicon Valley to design something that gives people more ways to earn rewards on their everyday purchases.

How much you can make: $150,000/month

How long does it take to build: 800 days (?)

AwardWallet is a loyalty program tracking website which has grown to over $150,000 in monthly revenue, and since launch has retained users mainly through word of mouth due to its superior product in the space.

5. Start a travel blog

If you are an avid traveler, you will agree there is nothing like arriving on a tropical island. The exotic creatures, clear oceans, palm trees, plenty of water activities, and cool weather are some reasons travelers choose tropical destinations.

Do you live on a tropical island? Or maybe you are a blogger looking for the next idea. How about starting a blog relating to tropical island destinations? You can mention all the fantastic sightseeing sites, water activities, and other fun activities available to travelers.

How much you can make: $1,000 — $1,600,000/month

How much does it cost to start: $500 (?)

How long does it take to build: 75 days (?)

Learn how Jessica started a niche travel blog and quit her 9-5 job, earning a living wage through Instagram advertising, sponsorships, and affiliate income, while traveling 3-4 times a month and increasing her website traffic from 400 to 25k page views in a year with Pinterest and Instagram growth tactics.

6. Start a travel-planning app business

In the past, arranging trips on your own was a challenge only a few people could take on. Travel agents were on the rise at the time and handled everything from hotel reservations to ticket booking and traveler's itineraries.

Today, travel agents are at the risk of becoming obsolete as more travelers embrace the online travel trend. According to research, the online travel booking service will experience a compound annual growth rate of 9.0% in the coming years.

Therefore, starting an online travel-planning app business can be a profitable venture. Some potential opportunities include:

• Travel itinerary planning apps
• Travel booking apps
• Location-tracking apps
• Language translation apps

The travel-planning apps should provide users with instant availability of information, a one-stop platform, & simplify transactions,

How much you can make: $22,000 — $114,200,000/month

How much does it cost to start: $5,000 (?)

How long does it take to build: 60 days (?)

Visa List is a successful micro start-up that provides one-stop visa information for travellers, earning $5000/month on average with 350K monthly active users and has helped over 2 million users with their visa requirements, all starting from a personal frustration with visa processes.

7. Start a discount travel website

Discount travel websites help travelers save on the cost of travel. Besides, discount travel websites help hotels and travel agents achieve full booking and highlight promotions.

More people search for discount offers on travel websites. Thus, starting your discount travel website can be a lucrative business opportunity.

How much you can make: $70,000 — $1,500,000/month

I Know The Pilot founder Garth Adams shares how he grew his airfare and accommodation deals newsletter from a simple WordPress site to over 780,000 email subscribers, 110,000 app users, and 550,000 Facebook fans on a 100% free business model, and how he's pivoted domestically during the Covid-19 pandemic.

8. Start a travel products business

Even people who deeply love traveling will admit that it can be exhausting. To improve comfort levels, travelers search for everything from neck pillows to waterproof backpacks, water bottles, etc.

Imagine being an online travel store where people can go to and purchase weather-proof backpacks, hand sanitizers, travel masks, umbrellas, outdoor gear, etc.

To reach success quickly, offer them an easy and convenient shopping experience.

TourScanner, a meta-search engine for tours and activities, achieved monthly net revenue of $60k and plans to reach $1M ARR in 2022, utilizing a lightweight business model based on affiliate programs that earned a commission from referrals sent to major travel companies like Viator, GetYourGuide, Musement, and Groupon.

9. Start a travel company

Travel companies sell transportation, lodging, plan trips, and admission to entertainment activities to individuals and groups.

If you love traveling, you can start a company that organizes trips for different people. Choose a niche and ensure travel packages that suit them best.

How much you can make: $10,000 — $114,200,000/month

Under30Experiences is a travel company for people aged 21-35 that runs small group trips around the world, with over 800 five-star reviews on Facebook, Google, and Yelp combined, and nearly hitting $5M in revenue before the COVID-19 pandemic.

10. Start a travel directory

An online travel directory is a website that serves as a one-stop shop for all your travel needs.

It provides travelers with a vast selection of trusted reviews and tips to help people travel across the globe with ease.

These directories usually offer a comprehensive database of destinations, including hotels, restaurants, tourist attractions, and travel agents, among others.

One of the significant benefits of these directories is that they allow users to add destinations from their travel agent’s listings or local business listings based on reviews and testimonials from fellow travelers.

This feature helps users make informed decisions about their travel plans by providing them with a wealth of information on various destinations.

Additionally, online travel directories tend to have an active community of users who share their travel experiences and offer valuable insights and tips.

This community-driven approach to travel planning ensures that users get reliable and up-to-date information that can help them plan their trips with confidence.

Overall, online travel directories are an excellent resource for anyone looking to explore the world, whether you’re a seasoned traveler or a first-timer.

They offer a wealth of information on various destinations, making it easy to plan a memorable trip that meets your unique preferences and budget.

How much you can make: $7,000 — $250,000/month

11. Become a travel photographer

Are you a talented creative with an ever-enduring sense of wanderlust and looking for a business to support your travel expenses? Becoming a travel photographer can be a great business opportunity!

Travel photographers focus on documenting places, animals, and sceneries on their photojournalist websites or library and selling to different clients.

For instance, you could get your photo on a national geographic cover or sell it as print art at local museums or galleries.

How much you can make: $2,300 — $233,333/month

Wandering Aunt founder Robin Finney shares her journey of starting a sustainable travel business, including her decision to leave her corporate marketing job of 11 years, using a simple website and free tools like Mailchimp to grow her email list and attract customers, and the importance of investing in a coaching program for support.

12. Start a travel booking app

The travel industry is a booming business, and it’s only getting bigger. Online booking apps have made it easier for people to book their travel arrangements, and they are becoming more popular each year.

If you want to start a travel booking app, you should have a strong understanding of the travel industry and be experienced in programming too.

The recent trends that are making this business more popular are the growth of the travel industry and the rise of mobile technology. Businesses are looking for ways to offer their customers a convenient way to book travel arrangements.

Starting a travel booking app can be interesting and profitable. It offers a unique opportunity to develop an app that can be used by businesses to reach their customers. This is a great opportunity for those who want to get involved in the travel booking industry and learn more about how it works.

How much you can make: $2,800 — $1,500,000/month

How long does it take to build: 270 days (?)

Tiny Away, a network of eco-friendly 'tiny houses' across Australia, has grown to over 75 private locations and brings in an average of $156,000 in monthly rental revenue, appealing to city dwellers seeking unique and comfortable accommodation experiences.

13. Start a travel consulting business

Many people dream of traveling the world. Starting a travel consulting business is an excellent way to make a passive income, explore different parts of the world, and help others do the same.

As a travel consultant, you will provide advice to clients on various aspects of travel, including destinations, airfare, accommodations, and activities.

The objective is to assist tourists and travelers in planning personalized vacations, offer travel advice, and provide end-to-end travel arrangements for a fee.

By making use of industry knowledge and relationships with hotels, airlines, and destination experts, travel consultants can save their clients time and effort in designing their dream trips.

How much you can make: $14,167 — $1,500,000/month

How much does it cost to start: $3,000 (?)

Rayna Tours and Travels, founded by Kamlesh Ramchandani and Manoj Tulsani, began its journey as a small travel counter inside a Dubai hotel, and has now grown into one of the UAE’s leading destination management companies with earnings exceeding $40 million per year.

14. Start a travel information business

Travel information websites provide information about travel and tourism.

Travel and tourism content on the site may include articles, blogs, and forums. Travelers check websites for details such as booking flights or hotels, providing weather forecasts, or maps with directions to various destinations. If you are starting a travel information website, provide the users with an attractive, easy-to-navigate interface.

It should be well-designed and provide a comprehensive database of information about all the tourist destinations in the world. It is important to remember that such a website must be updated regularly. Content writers must ensure that they are constantly adding new articles, photos, videos, and other media content.

How much you can make: $14,167 — $1,600,000/month

How much does it cost to start: $900 (?)

How long does it take to build: 365 days (?)

15. Start a travel influencer business

Travel influencers create content about travel, tourism, and culture and share their experiences via social media or personal blogs.

If you love exploring new places and are interested in earning a side income, consider becoming a travel influencer. Your role will be to document places you have visited and feature unique formations, cultures, and landscapes.

Share your content via social media channels and include relevant hashtags. Travel influencers earn income through partnerships with travel and tour companies and advertisement revenue based on their niche.

How much you can make: $50 — $416,667/month

PlanIt is a travel recommendation and planning platform that has seen compelling growth in database coverage and user growth, covering every country in the world with several thousand users and a large SEO focus as well as a growing interest from travel and lifestyle businesses to list their details.

16. Start an adventure travel agent

Adventure travel is a type of tourism in which the tourist seeks out and experiences various physical, emotional, and mental challenges.

Adventure travel agents are experts in the field of adventure travel. The travel agents know what to expect and can help you with everything from booking flights, to finding the right hotel, to getting a visa.

Adventure travel agents book trips on travelers’ behalf and helps them plan the trips. They know the best places to visit, what time of year suits that destination, and what experiences are available. A successful adventure travel agency starts with a solid business plan. A good business plan is a foundation for any business and can be the difference between success and failure.

What should you include in your adventure travel agency business plan? A feasibility study, a marketing strategy, financial projections, a SWOT analysis, and more. The key to success is finding a niche you are passionate about and well-versed in.

How much you can make: $800 — $233,333/month

Constructed Adventures, a company that creates custom-tailored adventures for special occasions, charges a flat rate for adventures and expects a profit of around 60k in 2019, having learned valuable lessons about pricing structure for events, always being open and transparent, and using Google Drive to organize expenses and schedules among other tips.

17. Start a travel planning business

Travel planning business is a service that helps people to plan their vacations, holidays, and trips. They offer information about destinations, hotels, flights, and other travel-related services. A travel planner can help you with any aspect of your journey. They will be able to suggest the best destinations for your budget and itinerary preferences.

To succeed in this competitive environment, a travel planner needs to have the following skills:

• Excellent customer service skills
• A strong understanding of the various destinations
• Good knowledge of hotels and other travel-related services
• Good communication skills

How long does it take to build: 285 days (?)

Time commitment per week: Min. 5 hours/week

18. Start a travel guide website

A travel guide website is a website that provides information about traveling. It can be for any type of travel, such as air, bus, or train. Some websites provide general information about different types of transportation and destinations.

Other websites may provide detailed information about one type of transportation (such as trains) or one destination (such as Kenya). To start a travel guide website, you need to know your destination and the types of content you want to publish.

A travel guide website can be a blog or a full-fledged website, but it should be informative and well-designed. You should also think about how it will look on mobile devices.

The next step is to create the content for your website and ensure that it's up-to-date with current events in the region. An SEO strategy and an understanding of online marketing campaigns can help travelers find your site when searching for regional information.

Lastly, you should work on building links with other relevant websites so that search engines can find and rank your site better in their search results pages.

How much you can make: $10,000 — $30,000/month

Yolo Journal's founder, Yolanda Edwards, launched a travel lifestyle media brand with a magazine and newsletter that now generates $20k a month in revenue. Edwards' business success can be attributed to understanding the hole in the magazine market and creating trust-worthy insider information.

19. Start a travel bags business

A travel bag business is an excellent way to make money and have a flexible schedule. It's also a great way to stay in shape because you'll walk around with your bags all day. There are many ways to start your own travel bag business.

Here are the most popular methods:

• Find a supplier of wholesale bags and buy from them
• Start by making custom bags for friends and family members
• Start by making custom bags for yourself and then sell them on eBay or Etsy

How much you can make: $300,000/month

How much does it cost to start: $2,550 (?)

Maxwell-Scott is a British-born luxury leather goods company handmade in Tuscany that sells to AB degree-level educated professionals with high disposable income and is now taking $400,000 a month across websites in 7 countries.

20. Write a travel guidebook

Every travel destination offers a unique experience. Are you passionate about traveling and exploring new locations? You can translate unique experiences into something tangible for other travelers by writing a travel guidebook.

A travel guidebook explains to travelers different things about the destination, including:

• What is there to do
• What and where to eat
• How to get around
• Where to stay

If you are enthusiastic about your local neighborhoods and townships, you can share a lot of information and market them as ideal travel locations.

How much you can make: $200/month

Learn how a writer and tour guide turned her niche knowledge of the Spanish island of La Palma into a successful book business, earning ⅓ of her modest income through sales of her self-published guide book to the island's astronomical observatory and other publications, often selling directly to observatory visitors and other outlets, and how the books promote her income-earning work.

21. Start a RV rental business

An RV rental business involves acquiring a fleet of recreational vehicles to rent out as campers for travelers and vacationers.

As an RV rental business owner, you supply motorhomes equipped with living essentials for road trips and outdoor getaways.

With flexibility around RV classes from luxury to budget rates, building inventories and customizing rental packages can create diverse revenue streams.

For hospitality-inclined founders seeking an accessible franchise, an RV rental company presents a promising venture as pandemic-weary travelers prioritize domestic trips focused on flexibility and the outdoors.

How much you can make: $2,000 — $250,000/month

ROAMERICA, a campervan rental company founded by Taylor Hood and Gretchen Bayless who quit their full-time jobs to focus on their business and have expanded their fleet quickly to meet the demand of adventure-seeking customers, with most of their web traffic coming from organic Google searches and a focus on social media and brand awareness.

22. Start an airbnb management company

An Airbnb management company manages every aspect on behalf of an owner and manages a complete day-to-day running of a rental property.

The services offered by the Airbnb management company include: marketing a property, optimizing financing, meeting and greeting guests, repairs, maintenance, and cleaning.

An Airbnb management company fee structure is generally based on commission, flat rate, and guaranteed income.

Airbnb management companies can easily increase the Rental Income by a minimum of 30% to 50% without compromising guest experiences.

To become an Airbnb property manager, one should be able to find homeowners who will be interested in the services offered by you. Airbnb property managers can make an average annual salary of $55,000 or $27 per hour.

How much you can make: $1,333 — $270,000/month

How much does it cost to start: $2,500 (?)

How long does it take to build: 30 days (?)

HostButlers is Ireland's first professional property concierge service for short-term rentals on Airbnb, boasting over 200,000 hosted guests and profitability from month 5.

23. Start a tourist visa information business

The tourist visa information business is a service that provides detailed information to tourists and potential immigrants about the requirements of the country they are traveling to or immigrating to.

The tourism industry has grown tremendously in recent years, which has led to a significant increase in demand for tourist visa information services. You can start a tourist visa information business with little capital investment.

A tourist visa information business is an excellent opportunity for anyone looking to start a small business with high profits and low risk.

How much you can make: $22,000 — $250,000/month

How much does it cost to start: $5,050 (?)

24. Become a bed and breakfast owner

Bed and breakfast is a sort of hybrid between a luxury hotel and a private home. The host offers the guests affordable accommodation featuring a bed and breakfast at the room's price. B&Bs offer affordable accommodations and are becoming popular among travelers who prefer a private setting.

If you have realistic expectations, B&B can be a profitable and enjoyable business. To start, you can renovate and turn your home into an inn. Alternatively, you can build or buy a ready house and convert it into a modern B&B.

25. Start a car rental business

Starting a car rental business can be a profitable venture for those interested in the auto industry.

Retail and corporate are the main segments within the car rental industry. Retail car rentals focus on individuals who rent cars for shorter periods, while corporate car rental targets companies that want to transport clients or employees.

If you are starting a car rental business , target airports, hotels, railway stations, commercial offices, and other high-traffic areas.

Market your business, hire employees who will manage the operations and keep records, and purchase business insurance for both cars and employees.

How much you can make: $2,000 — $583,333/month

26. Start an airport bus shuttle services

An airport bus shuttle service transports people and luggage to and from or within airports. An airport shuttle service can be profitable to operate.

If you plan to start an airport bus shuttle, focus on building alliances and partnerships with companies and local businesses that will supply you with customers.

27. Start a travel youtube channel

A travel YouTube channel shares videos of anything from you or your family traveling to places you have been to or even things you have seen. There are several goals for starting a travel YouTube channel. For example, You can make money from it or use the channel to promote your travel agency.

However, you should do some research before starting your channel to know what kind of content you want to create and what type of equipment you need.

28. Start a motorcycle travel guides business

A motorcycle travel guide is a person who is both a rider and an expert on destinations. The guide provides advice, tips, and information about the best places to ride in the area. Motorcycle travel guides are often very knowledgeable about the roads and routes riders should take.

The motorcycle travel guide industry has been growing steadily over recent years as more people want to explore their country on two wheels. If you love adventure and can ride a bike, starting a motorcycle travel guide business can be an effective idea to generate additional revenue as you do what you love.

However, it is not just about telling people what they should do. It is also about listening to what they want and making sure that they have a great time while they are there.

How long does it take to build: 5 days (?)

29. Start a specialty travel business

A specialty travel business specializes in providing a specific type of travel experience. Examples of specialty travel businesses include adventure tours, eco-tourism, and luxury cruises.

These agencies are often called “niche” or “boutique” and have more experience and knowledge about their niche than larger companies. The first step to starting your own specialty travel business is to identify what niche you want to specialize in. It can be anything from destination-specific (e.g., Paris) to specific types of trips (e.g., cruises).

How much you can make: $54,000/month

How much does it cost to start: $1,500 (?)

Augustin Ndikuriyo founded Augustine Tours, a travel company that offers wildlife safari and cultural tour experiences around East Africa, which makes a monthly average of €50K/Month and focuses on transformative tourism that benefits visitors and the local communities.

30. Start a cruise ship travel agent business

Cruise ship travel agents are professionals who work on board cruise ships. They are responsible for helping passengers plan their trips, make reservations for shore excursions, and assist them with any other travel-related needs.

Cruise ship agents may specialize in a specific area of expertise, such as booking tours or finding excursions that match the interests of the passengers. For example, if the passenger is interested in wildlife viewing or diving, then the agent might have extensive knowledge of which tours would be best for them to take.

The first step to starting a cruise ship travel agent is to find a cruise line you are interested in. The next step is to find out if the company has any openings for an agent. If they do, you will need to apply for the position. If not, you may need to wait until one becomes available.

31. Start a travel trailers rental business

Travel and exploration have become a big part of everyday life in our modern society. Due to this, they need comfortable products on the road. One such product is travel trailer rental. People opt to rent a travel trailer instead of buying one themselves because:

• They don’t have enough space in their house.
• They don’t have the money to buy one.
• They want to try out different models before deciding which is best for them.

Thus, there is a ready market for travel trailers rental businesses.

32. Start a travel destination finder app business

Travelling is always an exciting adventure. Travelers want to explore the world and find new places to visit. The travel destination finder app helps travelers find their desired destinations and plan their trips accordingly. The app can be downloaded on smartphones, tablets, and laptops. It has a user-friendly interface that is easy to use.

The user can enter their preferred location, travel date, budget, interests, etc., and the app provides a list of destinations that match these parameters.

Travel app provides information about:

• The best time to visit these destinations for each season.
• Things that should be taken care of before traveling.
• Details about visa requirements.
• Top tourist attractions in different countries etc.

How much you can make: $114,200,000/month

Tripadvisor is a global travel advice network with over 1 billion reviews and recommendations from almost 8 million companies that generated 902 million U.S. dollars in global revenue in 2021, representing a 49% increase from the previous year.

33. Start a travel medicine clinic

Are you an expert in tropical and travel medicine looking for a good business opportunity? Starting a travel medicine clinic business can be profitable. The travel clinic offers travel immunizations, other travel medications, and expert travel advisories to dignitaries.

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Travel and tourism to break records, bring over $11 trillion in 2024: report

The global travel and tourism industry is expected to be at an 'all-time high' this year.

Air travel demand is incredibly strong: TSA Administrator David Pekoske

TSA Administrator David Pekoske discusses air travel demand, flight disruptions, his experience going through TSA and firearm detections at checkpoints.

Travel and tourism is expected to be a boon for the global economy this year.

Countries around the world will see travel and tourism produce $11.1 trillion in 2024, according to a report released Thursday by the World Travel & Tourism Council.

The group said the forecasted global economic contribution would mark an "all-time high" from the roughly $10 trillion the industry brought in pre-pandemic 2019.

Countries around the world will see travel and tourism produce $11.1 trillion in 2024, according to a report. (  / iStock)

The coronavirus hit many industries hard, with travel and tourism in particular seeing negative impacts from the lockdowns and restrictions instituted in the early days of the pandemic.

CLICK HERE TO READ MORE ON FOX BUSINESS

This year,   both international and domestic tourists are expected to splash out during their travels.

The report, which involved a partnership with Oxford Economics, projected a record $5.4 trillion in spending would come from domestic travelers. That would set a record, according to the WTTC.

Meanwhile, international tourists will reportedly contribute $1.89 trillion.

The report projected a record $5.4 trillion in spending from domestic travelers. (Jeffrey Greenberg/Universal Images Group via Getty Images / Getty Images)

And the WTTC had an even rosier outlook for a decade from now, when it predicted global tourism and travel will be responsible for nearly $16 trillion and 449 million jobs.

ECLIPSE TOURISM EXPECTED TO BRING BIG BUCKS TO AREAS IN PATH OF TOTALITY

The travel and tourism industry’s performance in 2023 provided momentum for this year, the group said.

In 2023, it produced $9.9 trillion around the world .

"This isn’t just about breaking records, we’re no longer talking about a recovery – this is a story of the sector back at its best after a difficult few years, providing a significant economic boost to countries around the world and supporting millions of jobs," WTTC CEO Julia Simpson said in a Thursday statement. "There’s a risk however, we need the U.S. and Chinese governments to support their national Travel & Tourism sectors."

Passengers walk past a flight status board in Terminal C at Orlando International Airport, Jan. 11, 2023, after the FAA grounded all U.S. flights, reportedly due to an FAA computer system failure. (Joe Burbank/Orlando Sentinel/Tribune News Service via / Getty Images)

The head of the WTTC warned the U.S . and China could "continue to suffer whilst other countries are seeing international visitors return much faster" if they don’t.

CRUISE LINES SAILING INTO 2024 SEEING STRONG DEMAND, AAA SAYS

The group pegged 2023’s U.S. international visitor spending at "more than a quarter below the peak of 2019" and China’s "almost 60% down."

In August, the WTTC issued a prediction that the U.S. travel and tourism industry would provide $2.2 trillion in 2023. It was responsible for $2 trillion the year prior to that.

Here's what the Credit Card Competition Act could do to your airline miles and travel rewards

• The Credit Card Competition Act would lower credit card swipe fees. 
• Major airlines have said that the bill could reduce or completely end travel reward programs. 
• About 40% of American credit card users have a card that is co-branded with a major airline.

When Jess Bohorquez stayed in a luxury hotel with a view of the Sydney Opera House, she didn't pay a cent.

The influencer and creator of "Points By J," a platform that teaches people tricks for low-cost travel, said she uses credit card points to upgrade her vacations and teaches her audience of over 180,000 Instagram followers to do the same. 

Since she started accumulating travel points a few years ago, Bohorquez told Business Insider she's gotten discounted flight upgrades, free hotel stays , and trip insurance through her Chase credit card. She even has access to premium lounges at most airports. 

"It gets you hooked once you have that first successful points deduction for free travel," said Bohorquez, adding that it's easy to get perks if you know the rules of your credit card. "It's such an exciting feeling."

However, those perks could be in danger of disappearing. The US credit card market is at a crossroads : Politicians and companies are struggling to compromise on how much card swipe fees should cost, who should get the money, and how all of it will impact consumers.

More than eight in 10 Americans use a credit card to make payments, get cash back, and build credit, according to The Federal Reserve . About 40% of those people have a card that is co-branded with a major airline.

Some lawmakers hope to bring more competition to the market, in hopes of limiting the power of major credit card companies and lowering fees. But airlines and travelers worry it could mean the end of rewards programs .

Major airlines' bottom line depends on credit card companies

The Credit Card Competition Act , which was introduced to Congress in June 2023 would require major banks to use at least one credit card payment network that isn't Mastercard or Visa — companies that control more than 80% of US credit card transactions — to introduce more competition into the credit card market.

Visa and Mastercard currently charge businesses about a 3% transaction fee when a customer uses their credit card. The more people that use a credit card, the more revenue banks and card companies make.

That's where airlines come in.

Airlines make money off selling tickets and offering in-flight purchases. But co-branded credit cards like Chase Sapphire Preferred, Delta SkyMiles, and the United Explorer Card are profit centers for banks and airlines.

Related stories

The airlines sell banks "points." Credit card holders are then awarded those points for spending money with the co-branded card. Banks and credit card companies make money off of the swipe fees, and airlines only have to pay for the points if they are actually redeemed by travelers. It also makes travelers more likely to choose their specific airline whenever they fly.

Sen. Dick Durbin , a Democrat from Illinois, is the lead sponsor of the Credit Card Competition Act. In a statement to Business Insider, he said the bill would introduce necessary competition into the credit card market.

Durbin worries that major airlines are becoming like "credit card companies that fly planes."

"(Airlines) want to protect the billions of dollars in windfall profits they collect through sweetheart deals they have negotiated with the biggest Wall Street banks at the expense of consumers and local businesses," he wrote.

Durbin said his bill would not end travel rewards.

Credit card rewards incentivize travelers

Businesses typically make up for these credit card swipe fees by raising prices for customers . In theory, increasing competition and lowering swipe fees would translate into more affordable consumer prices.

This could mean cheaper — or at least more stable — prices for buyers, per NerdWallet .

Bohorquez, however, said increased credit card competition is unlikely to lower prices in practice. Instead, she said business airlines and credit companies will be less incentivized to offer loyalty perks like frequent-flyer miles and fraud protections.

Major airlines have already said the Credit Card Competition Act could end these reward programs. Southwest Airlines said in a statement to BI that it "strongly opposes" the bill.

"This legislation is bad policy and would undermine, if not completely end, credit card rewards programs that millions of Americans rely on for their vacations or personal travel needs," Southwest wrote.

United Airlines referred BI to Airlines for America, a lobbying group that represents the US airline industry. Delta and American Airlines did not respond to BI by the time of publication.

Airlines for America said in a press release from July that airlines believe credit card competition would harm their "ability to reward our most enthusiastic customers' loyalty and putting the viability of these programs at risk."

Still, it's unclear whether the Competition Act will become law. The bill was referred to the Committee on Banking, Housing, and Urban Affairs in July, but hasn't yet been passed by the House or Senate.

Until more movement on the bill occurs, Bohorquez plans to make the most of her rewards.

"I'm not terribly worried about our points going anywhere anytime soon," she said. "I hope that people continue to earn and enjoy their credit card points and take a lot of free trips."

Do you use your credit card for travel rewards? Have you saved money on a vacation by using points? Reach out to this reporter at [email protected] .

Watch: While Delta's business is 'extremely robust,' the airline's marketing chief stays focused on the data

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How I Turned a Side Hustle into a Million-Dollar Travel Business Say hello to Trapper Martin. He left his corporate job to pursue a career in travel planning - and it's paying off.

By Entrepreneur Partner Studio Staff • May 20, 2021

Trapper Martin has always had an entrepreneurial spirit. At the age of 12, Martin began his own flower business. By the time he reached high school, he was running a floating restaurant in the middle of an Alabaman lake town. While his career would take him through a tour of culinary management positions, Martin began to cultivate a side interest for travel planning.

"In high school, I organized our senior class trip, and this jump-started my love of travel," Martin recalls. "I used my great-grandfather's travel agent to plan the whole trip on the Big Red Boat, and that's really where everything started. Later, I became the group leader of planning all our personal trips, and as my career moved along, I started to get more serious about travel planning." In 2011, Martin embarked on a fortuitous vacation cruise that would soon alter his career trajectory altogether. "I booked a trip for the inaugural cruise on Carnival's Magic, and I, pretty randomly, met a Dream Vacations franchise owner on the trip," Martin says. He and his partner Shane (they eventually got married) joined a few tours with the franchise owner while on this trip and got to talking more seriously about what it means to be a Dream Vacations travel agent. This got the wheels turning for Martin—he could finally turn a passion of his into a progressive income. When Martin returned from this trip, he decided to take the plunge and become a Dream Vacations franchise owner. "Everyone thought I was crazy, but I really felt like it was worth it for me," he says with a laugh. "I completed the training and almost immediately started to see some successes with it."

At the beginning of his Dream Vacations journey, Martin was still working full-time as a district manager in the food-service industry. But with his increasing success in travel planning, he had to make an important decision. "In year three, I hit roughly half a million dollars in sales, and it became difficult to grow beyond that while still working a full-time job," he says. In 2016, Martin left his full-time job in corporate America to pursue his travel planning ventures full-time. In January 2020, Martin was so confident about the future of travel and the business model that Shane came into the business full-time.

Reaching $1 million in sales despite the global health crisis.

Since making that leap, Martin has grown his business nearly 10x and operates as one of Dream Vacations' top-producing franchises. As any business owner can relate, his success has also been accompanied by trials and tribulations—a more recent one being the COVID-19 pandemic. With the global health crisis inciting international border closures and the travel market essentially grinding to a halt, things seemed pretty bleak for those involved in the travel industry. Though this situation seemed like the perfect storm to upset Martin's business, he was able to achieve over $1 million in sales despite the pandemic.

Martin attributes this success to a mixture of personal effort and Dream Vacations' rapid response and top-notch communications throughout the crisis. "With the rise in cruise cancellations, we had to quickly pivot to focusing on-land travel, and research all of the different avenues to make sure that each trip would be safe for customers," Martin explains. "It was a lot to keep up with, but Dream Vacations was completely on top of maintaining clear communications as new information regarding the virus and travel restrictions came to light. Dream Vacations has been transparent through all of this, and that has not only assuaged a lot of fears but also validated my franchise ownership with them."

Beyond Dream Vacations' helpful planning to keep franchise owners and their customers protected throughout the pandemic, Martin also believes that his franchise ownership has been validated through the general experience with the company. "This franchise opportunity is unlike any other chain operation I have been a part of," Martin says. "One of the things that I appreciated the most was the support network. Dream Vacations actively encourages you to reach out to other franchisees—there's no MLM or competition involved, everyone wants to see each other succeed," he says.

For travel-planning hopefuls out there, Martin encourages research into Dream Vacations. "With this type of work as a franchisee owner, there is no get rich quick scheme. You have to put in the time and effort, but with all of the training, support, and marketing that Dream Vacations offers, you will be completely set up to make a living from doing what you love."

To learn more about becoming a Dream Vacations franchise owner, fill out the form here .

Entrepreneur Staff

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SEEK THE WORLD

Founded over 40 years ago by travel industry legend Rina Anoussi, The Travel Business provides the ultimate in travel planning services enhanced by personal contacts with the world’s top hotels, airlines and cruise lines. Headquartered in New York City under the direction of Owner/President Takis Anoussis, we are a member of the Tzell Travel Group, ranked among the top Travel Management Companies in North America. At a time when dedicated and efficient service is often difficult to find, you can depend on receiving the very best care and attention from The Travel Business.

In-house concierge.

From event tickets to spa treatments and more, we can arrange every aspect of each trip from start to finish.

INDUSTRY EXPERTISE

Our agents have extensive world travel experience and are fluent in more than eight different languages.

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Whether you’re traveling for business, pleasure or both, we’ll customize an itinerary specifically for you.

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US wants airlines to boost travel benefits for military personnel

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Butler Industries joins Onepoint in Atos rescue consortium

Paris-based Butler Industries is joining a consortium to rescue distressed IT consulting firm Atos , the company's leading shareholder Onepoint said on Sunday in a statement.