If you’re considering starting a tourism or travel business, we’ve got you covered. We’ll walk you through some viable tourism and travel business ideas that you can begin in 2022.
The good news is that you don’t have to break the bank to begin a business in any of these top tourism and travel business ideas. Nevertheless, some of these ideas will require you to consider funding options like small business loans. Let’s dig in.
The Future Of Tourism Industry
One of the industries that bore the greatest brunt of the Covid-19 pandemic was tourism. However, with the easing of travel restrictions thanks to vaccines, there’s soaring optimism that the future of the tourism industry is bright.
Besides, countries that depend heavily on tourism are doing their best to revamp their tourism sector. Then folks are also tired of restrictions. They would prefer to travel more to relax and enjoy better mental health.
Lastly, the advent of remote work makes it possible for workers to combine travel and work.
4 Easy And Accessible Business Tourism Ideas You Can Start
1. Rent out equipment
There’s an opportunity to set up a business that rents holiday gear to tourists. Tourists may find it logistically challenging to carry bulky equipment like bikes, snorkeling equipment, skiing equipment, boats, or climbing gear for their holidays.
Here, you’ll need to focus on equipment that goes well with the tourism activities in your area. The main impediment you’re likely to face when starting an equipment-renting business is the high initial costs. You can mitigate this by either working with second-hand equipment that’ll be cheaper. Alternatively, you can reach out to lenders for small business loans to enable you to purchase the necessary gear.
Besides having gear, consider setting up an online system for marketing your gear and a digital booking system. If you need financial support, it’s worth getting financing such as small business loans to assist set up a seamless electronic system.
2. Travel blogging
If writing is your thing, you can think of starting a travel blog. In the blog, you can write in-depth reviews of destinations, offer evergreen tips for visitors to certain tourist destinations, and booking options for accommodation and travel. But I must warn you, building a blog won’t be easy. It takes time to get a considerable following on your blog and make some decent bucks from it.
Apart from blogging, you can also explore vlogging on YouTube. Here, you’ll run videos that offer travel insights and reviews. The most important thing about running a travel blog or vlog is monetizing it. Learn how to make financial gains from your blog.
3. Travel planner
Running a travel agency is one valuable business in connecting tourists with their desired destinations. You’re able to assist tourists so that they enjoy their vacation stress-free. You can opt to specialize in certain geographical destinations or particular types of holiday packages like skiing, mountaineering, and so forth.
You can have linkage programs with other travel agencies for bigger business prospects for better coverage. If you’re short of a budget to start a travel agency, draw up a well-thought-out business plan. Use the business plan to apply for small business loans from lenders.
4. Tourism photographer
Turn your hobby for photography into a profitable business enterprise as a travel photographer. Post your best shots on your site and social media platforms to increase engagements and popularize your brand. Instagram is particularly suited for displaying your travel photos.
Monetize your photography craft by selling your photos to travel magazines or creative art pieces. You can also advertise ideal locations for destination weddings and pitch for photography gigs while at it. Additionally, you can sell tourism sites and arrange for transport and accommodation via your photography site, of course at a commission.
Tools That Can Help You In The Beginning
• A decent camera.
• Website building software: Duda, Wix.
• Photo editing tools: Canva, GIMP.
• Social media marketing tools; Hootsuite
• Cloud data storage solutions: Google Drive, Dropbox, OneDrive
Financing Your Tourism Business Idea
• Personal savings
• Support from friends and family
• Using second-hand gear such as cameras
• SBA loans
• Equipment loans
• Small business loans
• Personal loans for business use
Explore an area of your passion or expertise in the tourism industry and start a profitable business in 2022. Write down a well-articulated business plan and reach out for financing to create a viable tourism and travel business this year.