Travel Agency

Business Idea: Start A Travel Agency in 2024

Updated: July 7th, 2024

Avg Monthly Revenue
$178K
Avg Startup Costs
$19.8K
Score
91
Market Size
Avg Revenue
Min Revenue
$1K/month
Max Revenue
$1.5M/month
Avg Days To Build
90 days

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.

Revenue & Profitability

How much do travel agencies make?

Learn more about how much money travel agencies make.

Startup Costs

How much does it cost to start a travel agency?

  • It can cost as low as $100 to start a travel agency.
  • It can cost as high as $100,000 to start a travel agency.

Learn more about the costs of a travel agency.

Examples Of Successful Travel Agencies

Successful travel agency businesses and case studies

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.

$1.5M Monthly Revenue
$80K Startup Costs
Read by 5,962 founders

Find out how Lillian Rafson started a travel agency that plans surprise getaways around the United States and sent 25,000+ travelers to 100+ destinations nationwide since launching in 2016, with a business model that takes a 20% service fee for planning trips and earns commission on hotel reservations.

$550K Monthly Revenue
$250 Startup Costs
Read by 8,251 founders

See full list of successful travel agencies.