Tourism Business

Business Idea: Start A Tourism Business in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
$29K
Avg Startup Costs
$18K
Score
73
Market Size
Avg Revenue
Min Revenue
$2K/month
Max Revenue
$60K/month
Avg Days To Build
356 days

Looking to turn your passion for travel into a profitable venture? Consider starting a tourism business. This enterprise involves organizing unique travel packages and experiences that cater to the interests and needs of various travelers.

You’ll coordinate accommodations, transportation, local tours, and dining options, ensuring seamless and enjoyable trips for your clients. It’s a dynamic field where you can partners with hotels, local guides, and other service providers to offer exclusive deals and access to hidden gems.

Understanding your target market and staying on top of travel trends is crucial. Building a compelling online presence and utilizing social media for marketing will help attract your clientele. It’s a demanding but rewarding endeavor, where your hard work results in unforgettable experiences for tourists. If you love planning and have a knack for logistics, a tourism business could be your ticket to a thriving career.

Revenue & Profitability

How much do tourism businesses make?

Startup Costs

How much does it cost to start a tourism business?

  • It can cost as low as $5,000 to start a tourism business.
  • It can cost as high as $500,000 to start a tourism business.

Learn more about the costs of a tourism business.

Examples Of Successful Tourism Businesses

Successful tourism business businesses and case studies

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.

$60K Monthly Revenue
$5K Startup Costs
Read by 4,752 founders

A group of founding partners have crowdfunded enough money to purchase a private island in Belize, which will soon develop into a boutique resort and is expected to open in 2023, following a successful launch through social media and press releases.

$25K Monthly Revenue
$500K Startup Costs
Read by 3,120 founders

See full list of successful tourism businesses.