Business Idea: Start A Travel Planning Business in 2024

Pat Walls

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Updated: July 7th, 2024

Avg Startup Costs

$11.7K

Score

Market Size

$540B

Min Revenue

$165K/month

Max Revenue

$1.5M/month

Avg Days To Build

285 days

Market Size

$540B

Min Revenue

$165K/month

Max Revenue

$1.5M/month

Avg Days To Build

285 days

Travel planning business is a service that helps people to plan their vacations, holidays, and trips. They offer information about destinations, hotels, flights, and other travel-related services. A travel planner can help you with any aspect of your journey. They will be able to suggest the best destinations for your budget and itinerary preferences.

To succeed in this competitive environment, a travel planner needs to have the following skills:

Excellent customer service skills
A strong understanding of the various destinations
Good knowledge of hotels and other travel-related services
Good communication skills

Examples Of Successful Travel Planning Businesses

Successful travel planning business businesses and case studies

I Started The First Online Travel Agency In Bangladesh And It Now Makes $18M/Year

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 6,078 founders

How We Started The $35M/Year Dubai's Leading Tour Operator

Rayna Tours and Travels, founded by Kamlesh Ramchandani and Manoj Tulsani, began its journey as a small travel counter inside a Dubai hotel, and has now grown into one of the UAE’s leading destination management companies with earnings exceeding $40 million per year.

$500K Monthly Revenue

Read by 7,074 founders