Are you looking for ways to get into the travel and tourism business but don’t have much money to start a new venture? Check out this post for some great small-scale hospitality and tourism business ideas that won’t break the bank.
Hospitality and tourism encompass a wide range of services – from restaurants to transportation, hotels to photography, business travel to camping and cruises. There are many different aspects of this industry that cater to different leisure activities and holiday destinations.
The global travel & tourism industry has an economic impact of around 6.5 trillion USD and is continuing to grow. Investing in hospitality and tourism businesses can be a worthwhile endeavor.
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Best 35 Travel Business Ideas in the Tourism & Hospitality Industry
This compilation of ideas and opportunities allows you to explore the most profitable travel and tour businesses.
#1. Adventure Club
Starting an adventure club could be a great option for those with a passion for thrill-seeking. Demand for adventurous trips, activities, and sports is increasing worldwide. It’s essential to do your research beforehand in order to pinpoint the right market for your business.
#2. Adventure Tourism
Adventure tourism is an ideal business opportunity for those entrepreneurs who have a passion for outdoor activities. Geographically, it has great potential worldwide, as travelers are always looking for the thrill of something new and unpredictable in strange and exotic locations.
#3. Airport Shuttle Service
Starting an airport shuttle business in a tourist destination can be a lucrative venture. It will require a lot of management and foresight to succeed. One way to gain customers is by establishing partnerships with hotels, tour operators, and travel agencies.
#4. Airport Arcade Games
This is an up-to-date venture. Apart from kids, one can also get teenage and grown-up users for this service. Customers have the option of playing video games in the arcade while they are waiting, whether it be just a few minutes or several hours. It is important to match the right selection of games with the intended audience.
#5. Allergy Cards
For those who have allergies, allergy cards in languages specific to the region they are traveling to can provide great peace of mind. Setting up a business that offers these services from home can also be a great opportunity.
#6. Ayurveda Tourism
Ayurveda guarantees thorough well-being. The natural herbs and oils applied in this therapy are highly medicinal, as articulated in Ayurvedic Vedic literature.
As a result, Ayurveda tourism has a high potential to develop globally. It is one of the most popular travel-related service concepts that require relatively low start-up capital investments.
#7. Bed & Breakfast
For success in a bed and breakfast business, the owner’s personality and attitude matter. Location is also key, as well as having the necessary spare rooms. This can be a great source of part-time income.
#8. Boutique Hotel
Owning a boutique hotel can be profitable if you have the necessary knowledge and experience. Research must be done and a well-crafted business plan should be created to ensure success.
#9. Canoe and Kayak Rentals
For a successful canoe and kayak rental business, you should carefully choose a location near water bodies that is easily accessible, highly visible, and has ample parking available.
#10.Car Rental
Setting up a car rental business can be lucrative and successful for individuals living in areas with businesses, a dense population, and entertainment venues.
The primary responsibilities are scheduling reservations and securing vehicles, but remember this is an investment-heavy industry that requires thoughtful research before beginning.
#11. Coffee Shop
In the past 10 years, the coffee shop industry has been growing rapidly. A creative and knowledgeable coffee enthusiast can set up a coffee shop business with a large financial investment.
The coffee shop has become a go-to spot aside from work and home for individuals to relax. This type of business is an excellent way to capitalize on your adoration for coffee while generating profits.
#12. Community Tour Guide
Now, personal or community tour guide businesses are increasingly popular. Hence, if your area is frequently visited by tourists, you should contemplate launching this enterprise.
It can be run from your house. Along with local adverts, you may also get customers from the travel and hospitality sector’s other businesses.
#13. Corporate Hospitality Event Planning
Corporate hospitality event planning involves providing entertainment services for corporate events held by businesses for their customers, staff, or stakeholders.
The success of this business is dependent on customer satisfaction, which is often referred to as ‘business entertainment’.
#14. Double-Decker Bus Tours
Everyone loves riding on a double-decker bus, providing the perfect opportunity to take sightseeing tours. To begin this venture, it’s important to locate a busy tourist area. Crafting a well-thought-out marketing and sales scheme is essential for launching the business.
#15. Ecotourism
For those who enjoy nature and adventure, ecotourism is a perfect choice. It involves visiting untouched areas and safeguarding both the environment and the well-being of locals. This sector contributes 6% of the global gross domestic product.
#16. Hookah Bar Lounge
To be successful in opening a Hookah Bar Lounge, a dedicated business owner must understand the operational aspects. With good planning and adequate financial resources, ardent entrepreneurs can embark on this venture.
#17. Houseboat Rental
Two strategies exist for starting a houseboat rental business. To begin, you can purchase a houseboat and offer it to customers for rentals, or you may contact houseboat owners and create a mutually beneficial relationship which includes using a revenue-sharing pricing model.
#18. Conduct Kayak Tours
Are you fascinated by kayaking? You have the chance to turn your interest into a part-time money-making activity. Shorelines are the greatest area for this business endeavor. You can give a kayak tour with some auxiliary services, such as training for newbies, lunch, etc.
#19. Medical Tourism
Are you considering a career in Medical Tourism? This involves selecting high-quality medical centers for your customers, as well as organizing a comfortable journey. Medical tourism is also referred to as health tourism and wellness tourism.
#20. Night Club
Starting a nightclub business can be highly rewarding and glamorous. People desire to spend money on incredible spaces to socialize, so with proper dedication and care for detail, success is definitely achievable.
#21. Off-Road Tours
Organizing off-road tours is a highly profitable business for young and thrill-seeking people, especially in areas with lots of tourists. Typically, customers have the option of signing up for either a half-day or full-day package.
#22. Travel Photography
Are you passionate about photography? A photographer is an artist who specializes in taking pictures with a camera. Generally, they’re self-employed and take on projects from different clients.
#23. Ticketing & Reservation Service
Ticket booking and reservation is a small part of running a full-fledged tour business that requires minimal investment. Options include railway tickets, as well as domestic and international air ticket reservations.
#24. Tour Guide
Starting a tour guide business requires expertise in local history and culture. As a tour guide, you need to be able to provide interesting and educational information about the area to your group.
#25. Trade Show Visitor
Many large businesses attend trade shows to stay informed about industry trends and developments. As an information gatherer, your job is to be the eyes of the client, gathering intel on their competition at the show.
#26. Translation
Translation services are rapidly becoming a popular and lucrative online business option, due to increased internet access and globalization. Knowledge of different languages is essential for staying ahead in today’s fast-moving society.
#27. Travel Agency
Being among the top concepts for travel businesses, offering services related to travel arrangements for people who take trips is a great way to build up a business.
You can make money by aiding others in visiting unfamiliar locations on their holidays or business voyage. The travel agency industry is an ideal option to initiate a service-oriented business.
Discover How to Begin a Lucrative Travel Agency.
#28. Travel Blog
If you’re passionate about traveling, why not start a travel blog? You can share the amazing experiences you have when exploring the world and make money from home.
#29. Vacation Property Rental Agency
If your area is a popular tourist spot, you might want to consider running a vacation rental business. In order to make the most money, give customers what they need and create a great rental experience.
#30. Water Taxi Service
If you have experience boating and live close to water, why not start a water taxi business? This is an appealing tourism business that requires relatively low investment.
More Business Ideas for Travel Lovers
If you’re a travel enthusiast looking to make some money on the go, here are some business ideas for you:
#31. Personal Assistant to Celebrities
Personal assistants of celebrities are responsible for handling the administrative side of a celebrity’s life and helping to plan events when they go on tour.
#32. Travel Vlogging
If you love to travel, creating a travel vlog could be lucrative. It involves posting informative tour-related videos on social media platforms. There are plenty of successful travel vloggers who are earning good money from Youtube.
#33. Social Media Influencer
If you’re popular on social media, work with travel companies as social media influencers and promote their tour programs and products.
#34. Public Speaker
If you have a passion for travel and are good with words, pursuing a career in public speaking can be both rewarding and lucrative.
#35. Travel Event Planner
If you have good communication skills and knowledge of exotic destinations, travel event planning can be a lucrative venture to pursue. This is because many customers prefer bespoke package tour programs for more streamlined vacations.
Ultimately, you should select a travel business that caters to local needs. We hope this list of popular ideas will guide you to the right decision.
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