Business Idea

Start A Travel Agency

About

Starting a travel agency requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell travel service, or selling travel service online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$540B
revenue (monthly)
$138K
starting costs
$26.2K
gross margin
90%
time to build
7 months
growth
SEO
business model
Consulting
time investment
Side project

About

Starting a travel agency requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell travel service, or selling travel service online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$540B
revenue (monthly)
$138K
starting costs
$26.2K
gross margin
90%

 

time to build
7 months
growth
SEO
business model
Consulting
time investment
Side project

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $35 $3,250
Employee & Freelancer Expenses $0 $5,500
Equipment & Supply Expenses $500 $5,000
Website Costs $232 $6,500
Business Formation Fees $5,600 $20,400
Software Expenses $150 $3,044
Advertising & Marketing Costs $0 $1,400
Other Expenses $0 $800
Total Startup Costs $6,517 $45,894

Successful Businesses

Business URL Rank
Hotels by Hilton hilton.com #2,138
Discount Travel discounttvl.webflow.io #4,496
Viator viator.com #6,962
香港中國旅行社 ctshk.com #16,855
JapanTravel japantravel.com #25,357
Small Group Tours & Travel, Big Adventures intrepidtravel.com #80,015
FROSCH Travel frosch.com #131,038
Aviatur agencia de viajes aviatur.com #157,169
Disney Travel Agents disneytravelagents.com #159,896
Peru Agency peruagency.com #230,140
Cubamax, agencia de viajes y envios de dinero a Cuba, venta de boletos aereos en estados unidos, cuba, españa, francia, italia, mexico, colombia, venezuela cubamax.com #266,649

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a travel agency costs significantly less money than most businesses, ranging anywhere from 6,517 to 45,894.
Rewarding work Starting a travel agency can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs To get your travel agency started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!
Cons Description
Crowded Space Competition is high when it comes to your travel agency, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Longer Sales Process A travel agency can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Work can be inconsistent As a travel agency, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits With a travel agency, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a travel agency, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a travel agency, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.