Travel is the Largest Industry in the World!
Now at $8 Billion Dollars Annually, experts have predicted this industry to increase to $15 Trillion in the next decade.
Travelers from all over the world visit travel websites to book tickets or read reviews about popular tourist destinations. Statistics say that about 95% people read reviews before planning a holiday trip to their favorite destination. With such a vast consumer base, having a website is important for people associated with travel industry or for entrepreneurs who want to start a new online travel business.
There are many online travel business ideas to choose from. As in this post we are explaining the business model behind each idea, we will also look at an example based on it. Take a look at the following five profitable business ideas in tour and travel industry.