The travel industry is expected to grow rapidly in the coming years, reaching over $1.6 trillion by 2028. As more people prioritize experiences over material possessions this presents a major opportunity if you have been thinking about starting a travel business. Whether you want to start a boutique travel agency focusing on specific clientele or launch an adventurous excursion company, possibilities in the travel sector are endless.
If you still cannot figure out where to start, we got you covered with some of the most inspirational and profitable travel business ideas among globetrotters.
Best 17 travel business ideas
Here are some creative and profitable travel business ideas that you can start right away:
Frontier travel
A frontier travel company specializes in organizing adventurous trips to extreme wilderness destinations untouched by typical tourism infrastructure. With more travelers seeking bucket-list caliber exploits away from crowded cities and resorts, frontier travel suits the rising demand to explore isolated natural areas requiring specialized logistics and know-how. It opens breathtaking backcountry, mountain, arctic, and similar virtually uninhabited regions to passionate outdoor go-getters trained and equipped to responsibly reach iconic locales few ever witnessed firsthand.
By securing expert wilderness guides, transportation, gear provisions, permits, and risk precautions, the business allows even inexperienced explorers to responsibly achieve major milestones via breathtaking guided expeditions only possible with such high-caliber support.
How much you can make: $50,000 – $500,000 annually
How much does it cost to start: $10,000 – $100,000
How long does it take to build: 3-6 months
Local experience tours
Local experience tours offer immersive local experiences to tourists and travelers. This can be a good business idea because it allows visitors to deeply engage with local cultures, foods, activities, and people. Rather than just sightseeing, guests get to participate in unique adventures and make meaningful connections. For example, they may learn traditional cooking techniques from local chefs or join neighborhood walking tours led by long-time residents. This helps travelers create memories that a standard bus tour cannot provide. Meanwhile, it funnels tourist dollars into local communities and connects residents with appreciative guests.
How much you can make: $50,000-$150,000 annually
How much does it cost to start: $5,000-$10,000
How long does it take to build: 3-6 months
Eco-friendly travel planning
Eco-friendly travel planning specializes in planning vacations focused on sustainability. This business would consult with travelers to suggest eco-friendly transportation, lodging, tours, and activities at each destination. Promoting green travel helps the environment by reducing carbon emissions. It also allows tourists to reduce their environmental impact through mindful choices. As more people seek eco-trips, a travel agency well-versed in this niche can match values-driven clients to the right locations and vendors. The differentiator is expertise in vetting and curating the most planet-friendly getaways.
How much you can make: $50,000-$100,000 annually
How much does it cost to start: $2,000-$5,000
How long does it take to build: 2-4 months
Digital nomad services
It is a business that provides services to digital nomads. The business would help digital nomads be productive and enjoy their nomadic lifestyle. It could offer services like a membership program to access vetted wifi hotspots, discounts at co-working spaces, a network of trusted housesitters and property rentals, social meetups and events, job boards, and more. The goal would be to simplify logistics and create a community for remote workers on the go.
How much you can make: $40,000-$80,000 annually
How much does it cost to start: $1,000-$3,000
How long does it take to build: 1-3 months
Travel blogging and vlogging
Travel blogging and vlogging refer to creating a blog and video blog to document travels. It involves creating written and visual content based on experiences visiting new destinations and sharing reviews about things like hotels, restaurants, attractions, and tours. There is a large audience of people who enjoy following along on others’ trips for inspiration on where to go as well as trustworthy recommendations. The blog and social media posts have the potential to generate clicks and shares as readers find the first-hand information helpful. All the content created while traveling opens up diverse moneymaking avenues. For instance, ads and affiliate marketing related to hospitality and tourism with commissions on reservations made.
How much you can make: $30,000-$100,000
How much does it cost to start: $1,000-$5,000
How long does it take to build: 6-12 months
Local guide services
By providing local knowledge, insider tips, and unique perspectives, a local guide service can help travelers discover hidden gems, understand the culture and history of a place, and create unforgettable memories. Moreover, this business model has low startup costs and can be easily scaled based on demand. It also supports the local economy by promoting small businesses and cultural attractions. With the rise of online platforms and social media, it has become easier than ever to market and book local guide services, making it a viable business opportunity for entrepreneurs passionate about their communities and eager to share their expertise with others.
How much you can make: $30,000-$60,000
How much does it cost to start: 1,000-$3,000
How long does it take to build: 2-4 months
Vacation rental management
It is a business that helps homeowners rent out their vacation properties. Owners hire this service to advertise listings, screen guests, manage bookings and payments, coordinate check-ins/outs, handle maintenance issues, and overall take care of all aspects of making the property available as a successful rental. The service benefits owners by maximizing occupancy and rental rates and it also benefits guests by providing professional management and good experiences. Overall it connects homeowners and travelers in a mutually beneficial way through convenient, managed vacation rentals.
How much you can make: $50,000-$150,000
How much does it cost to start: $10,000-$20,000
How long does it take to build: 6-12 months
Custom travel accessories
Custom travel accessories allow customers to personalize and customize their travel accessories. This business would offer products like luggage tags, passport holders, travel pillows, blankets, and more that could all be customized with the customer’s name, initials, favorite colors, and patterns. Customers appreciate custom accessories that feel made just for them. The business would cater to this demand by providing quality customizable products and a seamless online ordering experience. This allows customers to get the travel gear delivered right to their door.
How much you can make: $30,000-$100,000
How much does it cost to start: $5,000-$10,000
How long does it take to build: 3-6 months
Budget-friendly travel
Budget-friendly travel would help budget travelers by curating affordable travel packages, hotels, activities, and transportation options. For example, packages could bundle reduced-rate rooms with discounted local attractions, meals, and airport transfers to provide an entire trip for a reasonable price. Customers would simply choose their destination and desired budget, and receive an all-inclusive, cheap but high-quality travel experience. By hunting for travel deals, pre-arranging discounted group rates, and negotiating prices for budget bundles, the business does the hard work for the customer.
How much you can make: $40,000-$80,000
How much does it cost to start: $2,000-$5,000
How long does it take to build: 3-6 months
Luxury cruises and upscale all-inclusive
Luxury cruises and upscale all-inclusive is a worthwhile business idea to consider because many high-income people desire lavish getaways with top-tier amenities and easy convenience. The business would arrange deluxe experiences including six-star cruises with private balconies, butler service, and gourmet dining or five-star beach resorts offering elite spas, golf, and personalized adventure excursions. It solves the hassle of intricate travel planning for demanding luxury guests. By leveraging partnerships and global connections, the business can facilitate access to hard-to-book suites, dream locales, and elite recreations for well-to-do travelers seeking the ultimate, no-compromises holidays tailored specifically to their desires.
How much you can make: $100,000-$250,000
How much does it cost to start: $50,000-$100,000
How long does it take to build: 12-18 months
Glamping
Glamping offers the experience of camping outdoors combined with more comfortable, outfitted tents, beds, furniture, bathrooms, and other amenities more commonly found in hotels. This can appeal to those who enjoy nature and the outdoors but don’t necessarily want to rough it in a traditional tent fully. There is demand for off-the-grid vacations and glamping caters well to this market. The start-up costs may be higher than traditional campgrounds to furnish the upscale tents and build suitable restrooms/showers. However, the nightly rates charged to guests offset this over time. It allows for seasonal hospitality without large permanent real estate. The modular and transportable nature also provides flexibility if relocating the glamping resort is necessary.
How much you can make: $50,000-$150,000
How much does it cost to start: $20,000-$50,000
How long does it take to build: 6-12 months
Go solo or go social
Go solo or go social provides a platform for people to access services, either individually or in a social setting. The premise is that some services are best-enjoyed solo while others are more fun with company. For example, a massage may be preferred alone while going to a dance class could be more enjoyable with friends. The business would allow users to search for and book various services, selecting if they want to partake solo or if they want to facilitate a group social experience around the service. This can help service providers reach more customers, especially younger demographics interested in social experiences. It also caters to solo customers unable or unwilling to coordinate groups. Allowing both individual and shared services widens the target market.
How much you can make: $30,000-$60,000
How much does it cost to start: $2,000-$5,000
How long does it take to build: 2-4 months
Crypto trips
Crypto Trips accepts payment in cryptocurrencies and rewards customers with crypto tokens or NFTs. This allows crypto enthusiasts to spend their assets on memorable life experiences while earning exclusive rewards. It makes cryptocurrency more usable in daily life. The agency would partner with hospitality vendors to build travel packages that crypto holders could purchase with their preferred coin. Along with the trips, customers would gain access to unique digital collectibles from that destination. As cryptocurrencies gain mainstream traction, a crypto-based travel agency creates a practical use case while catering to a tech-savvy audience.
How much you can make: $50,000-$100,000 annually
How much does it cost to start: $5,000-$10,000
How long does it take to build: 3-6 months
Sleep tourism
Sleep tourism is an idea where people travel specifically to get high-quality sleep. It would involve setting up accommodations designed specifically for optimal sleep health. This could be attractive for those who struggle with poor sleep at home due to noise, light, uncomfortable beds, etc. Quality sleep is increasingly seen as vital for physical and mental health, yet many do not prioritize it. This business would cater to that need, becoming a sleep-focused travel destination. Visitors could enjoy comfortable beds and bedrooms, carefully regulated temperatures and lighting suited for sleep, soundproofing, and possibly amenities like soothing music or scents. The sleep tourism business would be founded on the understanding that quality sleep underpins health, performance, and well-being. Providing an environment optimized solely for excellent slumber, it allows travelers to experience the proven benefits of great sleep.
How much you can make: $50,000-$100,000
How much does it cost to start: $10,000-$20,000
How long does it take to build: 6-12 months
Adventure travel guide service
Adventure travel guide service connects adventure travelers with experienced, local guides at their destination. Many people want more immersive, off-the-beaten-path experiences when they travel. However, finding trustworthy, knowledgeable guides can be challenging, especially in developing countries. This service would vet potential guides, connect them with clients based on adventure activity interests and trip details, and take a percentage from the guide fees. It would make adventure travel easier to plan and provide income to local guides.
How much you can make: $40,000-$80,000
How much does it cost to start: $5,000-$10,000
How long does it take to build: 3-6 months
Corporate travel management
Corporate travel management specializes in booking and managing business travel for companies. Many large companies spend a significant amount on employee travel but find coordinating all the flights, hotels, transportation, and other details very time-consuming which makes it a profitable business idea. A corporate travel management company simplifies the process by customizing travel booking platforms, negotiating discounts with travel vendors, providing a dedicated account manager, organizing group travel, and streamlining expense reporting.
How much you can make: $75,000-$150,000 annually
How much does it cost to start: $10,000-$20,000
How long does it take to build: 6-12 months
Destination wedding planner
A destination wedding planner business helps engaged couples plan and execute their dream wedding in a romantic, exotic destination away from home. A destination wedding planner also often costs less than a traditional domestic wedding. A planner could provide end-to-end planning services to make travel arrangements, book venues, and vendors, manage legal paperwork, suggest ideas to personalize details and coordinate the event. They simplify the process for the couple while also getting a commission from referring vendors.
How much you can make: $50,000-$100,000 annually
How much does it cost to start: $5,000-$10,000
How long does it take to build: 6-12 months
Conclusion
Success in this vibrant industry demands blending creativity, adaptability, and comprehending your audience. Yes, we know that the road ahead may be paved with challenges, but the rewards of building a successful travel business are well worth the trek. From the personal fulfillment of turning your passion into a profession to the financial freedom of a flourishing enterprise, the potential payoffs are immense. For those brave souls embarking on the journey of travel startups, the future holds boundless opportunities.
More must-read stories from Enterprise League:
- Creative and profitable 3D printing business ideas.
- Some of the worst business ideas you should steer clear from.
- Profitable and funny business idea that you can start today.
- Healthcare business ideas with growth potential.
- Box truck business ideas with profit potential.
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