11 Travel Planning App Business Success Stories [2024]
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,
Here are some real life success stories of starting a travel-planning app business:
1. TourScanner ($720K/year)
Simone Semprini, CEO and Co-Founder of TourScanner, came up with the idea for the business while traveling in Brazil and struggling to find activities and tours online. Seeing the opportunity in the growing market for online tours and activities, he developed the concept, connected with co-founders Guillaume Picard and Joseph Dimucci, and launched TourScanner as the first meta-search engine for tours and activities. Despite the challenges of the COVID-19 pandemic, TourScanner has recovered and is now performing better than ever, with a monthly net revenue of $60k and plans to reach $1M ARR in 2022.
How much they make: $720K/year
How much did it cost to start: $5K
Current team size: 5
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.
2. CuddlyNest ($2.8M/year)
Ritesh Raj, the co-founder and COO of CuddlyNest, came up with the idea for the accommodation booking platform after years of traveling to over 100 countries and realizing the pain points of finding diverse types of accommodations. Alongside his co-founder, they decided to create a centralized platform that offers all kinds of properties for all types of travelers. Since its launch, CuddlyNest has raised over $14 million in funding and has plans for continued growth and expansion.
How much they make: $2.8M/year
Current team size: 72
CuddlyNest has become the only online travel agency that offers all types of accommodations in one platform, with inventory currently including over 4 million properties of all types in 80k+ cities, and is expecting to hire more than fifty new employees in the coming months.
So... can you actually make money with a travel-planning app business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. RatePunk ($600K/year)
Justinas Albertynas, one of the founders of RatePunk, came up with the idea for the travel-tech startup after realizing the frustration of comparing hotel prices on different booking websites. After experiencing the inconsistency in prices, Justinas saw an opportunity to create a browser extension that would compare prices in real-time, saving users time and money. The product has gained traction quickly, with over 3000 users in just a few weeks and reaching the top of the Apple Store charts in multiple countries.
How much they make: $600K/year
How much did it cost to start: $5K
Current team size: 20
Travel-tech startup RatePunk created a browser extension that compares hotel prices across different booking websites for free and achieved over 3,000 installs within a few weeks of launch, while learning valuable marketing lessons from social media platforms, micro-influencers, and online communities.
4. Kiwi.com ($432M/year)
How much they make: $432M/year
Current team size: 1500
Kiwi.com uses its cutting-edge Virtual Interlining algorithm to combine flights on legacy and low-cost airlines into a single itinerary, helping customers find better route options and prices with 2 billion daily price checks, 100 million daily searches, and over 50,000 daily seat sales.
So... can you actually make money with a travel-planning app business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
5. Gifted Travel Network ($500K/year)
How much they make: $500K/year
How much did it cost to start: $100K
Current team size: 22
Gifted Travel Network generated $30 million in sales from travel reservations made using their credentials in 2019, promoting travel entrepreneurship through offering professional development programs, exemplary service and a supportive community.
So... can you actually make money with a travel-planning app business?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesn’t.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
6. Visa List ($264K/year)
Hari realized that the visa application process lacked a one-stop online resource for travelers. He decided to aggregate all relevant information and present it in a simplified format.
How much they make: $264K/year
How much did it cost to start: $100
Current team size: 0
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. Tripadvisor ($1.37B/year)
How much they make: $1.37B/year
Current team size: 2956
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.
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
