How to Start a Travel Service
How to Start a Travel Service
Entrepreneur.com
With diverse options like corporate travel, niche travel and franchising, there are a number of ways you can put your love of travel to work.
Editor’s note: This article was excerpted from our Travel Services start-up guide, available from SmallBizBooks.com.
Downturns in the economy can’t stop it. Weather conditions can’t shut it down—at least, not for long. Even the catastrophic events of 9/11 couldn’t derail it. It, of course, is the travel industry, and while the economy and unforeseen incidents that tragic day in September have tended to slow down the pace of travel, the industry continues to enjoy robust activity despite challenges that are enough to send other industries into tailspins. No doubt that’s because people will always want or need to go places, whether it’s to a business meeting or conference, to spend the holidays with Grandma in another state, or just to enjoy some much deserved R&R.
This overall need to travel that’s shared by average citizens and corporate denizens alike means that this is an excellent time to launch a travel services business. The travel industry is huge. Research by the Travel Industry Association of America (TIA) indicates that the travel and tourism industry generates $1.3 trillion in economic activity in the U.S. every year. That’s equivalent to $3.4 billion a day, $148 million an hour, $2.4 million a minute and $40,000 a second. No wonder the opportunities for aspiring travel services business owners abound.
Please visit the website for the rest of the article.
Copyright © 2009 Entrepreneur Media, Inc.
Votes:18
Comments: 0