14 Tour Company Success Stories [2024]
Starting a tour company is a great way to bring your love of travel to life. You can share your passion with others and help make their dream vacations come true!
There are many types of tour businesses, so choosing something you are passionate about and knowledgeable about is best. Here are a few of the most popular tour companies to start:
- Food & Drink Tours
- Adventure & Sporting Tours
- Sightseeing & Historical Tours
- Shopping Tours
- and many more!
It’s also essential to determine what mode of transportation you want for your tour company, as this will determine the initial startup costs needed for your company.
To get started, find out if you need a license to operate in your state. Some states require tour companies to be licensed, while others do not. If you are required to be licensed, talk with the licensing agency to find out what steps must be taken before you can apply for that license.
In this list, you'll find real-world tour company success stories and very profitable examples of starting a tour company that makes money.
1. Rayna Tours ($6M/year)
Manoj Tulsani and Kamlesh Ramchandani, founders of Rayna Tours and Travels, started their business a decade ago with no experience in the travel industry. Despite the challenges, they grew their venture into one of the UAE's leading destination management companies, earning over $40 million per year. Their success is attributed to their focus on exceptional customer experience, strategic investments in their own infrastructure, and the use of advanced technology to provide convenient travel services.
How much money it makes: $6M/year
How many people on the team: 670
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.
2. Under30Experiences ($3.6M/year)
Matt Wilson, co-founder of Under30Experiences, came up with the travel company idea after going on a life-changing trip to Iceland. He saw the opportunity to bring his community of young entrepreneurs on similar retreats, and after organizing a successful trip to Iceland, the idea caught on and the business took off.
How much money it makes: $3.6M/year
How much did it cost to start: $5K
How many people on the team: 5
Under30Experiences is a travel company for people aged 21-35 that runs small group trips around the world, with over 800 five-star reviews on Facebook, Google, and Yelp combined, and nearly hitting $5M in revenue before the COVID-19 pandemic.
3. Delicious Denver Food Tours ($900K/year)
Jessica Baumgart, the founder of Delicious Denver Food Tours, came up with the idea for her business after realizing her passion for food and travel while backpacking through 25 countries on a year-long trip around the world. With a background in marketing and communications, she began teaching cooking classes and eventually launched a food tour in Denver, which quickly gained popularity and now generates $20,000/month in revenue. Through relationship building with local restaurants and positive reviews on platforms like TripAdvisor, Baumgart has been able to attract and retain customers for her successful food tour business.
How much money it makes: $900K/year
How much did it cost to start: $2K
How many people on the team: 3
How Jessica Baumgart founded a successful food tour business in Denver, which broke even and started making a profit after just three months, generating $20,000/month in revenue from offering different food tour experiences.
4. Augustine Tours ($648K/year)
Augustin Ndikuriyo, the founder of Augustine Tours, came up with the idea for his business when a client at the hotel where he worked asked for recommendations on travel companies in Burundi. Unable to find any options, Augustin saw the opportunity to fill the gap in the market and launched Augustine Tours in 2010. Since then, the company has grown to generate an impressive monthly average of €50K, offering unique safari experiences in East Africa that go beyond traditional tourism.
How much money it makes: $648K/year
How much did it cost to start: $1.5K
How many people on the team: 3
Augustin Ndikuriyo founded Augustine Tours, a travel company that offers wildlife safari and cultural tour experiences around East Africa, which makes a monthly average of €50K/Month and focuses on transformative tourism that benefits visitors and the local communities.
5. Envi Adventures ($516K/year)
Corey Rust, founder of Envi Adventures, came up with the idea for his air tour business after realizing the potential in offering scenic flights over Multnomah Falls in Oregon, a highly visited tourist spot with heavy traffic. Despite facing initial skepticism, Rust started the business with minimal funds, creating a basic website and social media presence to generate interest. After a long search for an airplane, he finally found one and obtained the necessary approvals to launch his business, which has since experienced significant growth, reaching a revenue of over $30,000 per month in its second year.
How much money it makes: $516K/year
How much did it cost to start: $300
How many people on the team: 3
Envi Adventures, a Troutdale, Oregon-based air tour business, grew from making $7,000 in a month in its first year to over $30,000 a month in its second year, using Instagram and influencer marketing to create an interactive, personalized experience for guests.
6. Arara Tour ($132K/year)
Nune Tatunts, the founder of Arara Tour, started her travel company in Armenia in 2014. Through hard work and dedication, Arara Tour has become one of the leading tour operators in Armenia, with branch offices in Georgia and Uzbekistan. Despite the challenges posed by COVID-19 in 2020, the company was on track to double its revenue from the previous year, showcasing their success in the tourism industry.
How much money it makes: $132K/year
How much did it cost to start: $7K
How many people on the team: 8
Araratour, led by Nune Tatunts, experienced impressive revenue growth, doubling its 2018 revenue to bring in $13,000 a month in 2019, offering combined tours around the Caucasus and Central Asia, and now has an office in three countries.
7. Front Desk USA ($120K/year)
Tom Shott came up with the idea for Front Desk USA after realizing there was a demand for a product that hotels could provide to their guests with local information. He saw an opportunity to improve the existing map publication and purchased Front Desk USA in 2001, expanding it to over 100 maps nationwide. The success of the business has led to the development of a digital model and plans for further expansion in the future.
How much money it makes: $120K/year
How many people on the team: 9
Front Desk USA, a visitor map publication that offers full color customized maps to the hospitality industry, has expanded from Texas to over 100 maps nationwide, catering to over 1,000 hotels, tens of thousands of hotel guests and has created over $10,000 in earnings per map for publishers.
8. Secret Food Tours ($120K/year)
Nico Jacquart and Oliver Levene, founders of Secret Food Tours, came up with the idea when they realized that many of their friends traveling to Paris or London would ask them for recommendations on where to eat. After testing the market with a quickly created website and selling their first ticket within hours, they knew they had a winning concept. Now, Secret Food Tours has launched over 80 tours in more than 50 cities worldwide and continues to experience 100% year-on-year growth.
How much money it makes: $120K/year
How much did it cost to start: $3K
How many people on the team: 4
Serial entrepreneur Nico Jacquart shares how he and his partner validated and grew a global food tour company with tours in more than 50 cities worldwide, experiencing year on year growth of 100%.
9. Wander New Mexico Food Tours ($120K/year)
Joe Griffith, founder of Wander New Mexico Food Tours, came up with the idea for his business when he and his wife decided to leave their corporate jobs and move to Santa Fe. Recognizing the potential in the tourism market, Griffith initially planned to start a bike tour company but ultimately decided on a walking food tour due to its higher demand, lower risk, and his passion for finding and eating at great restaurants. Since launching in 2016, the business has experienced impressive growth, with over $30K/mo in sales during peak months and a 70% year-over-year growth rate.
How much money it makes: $120K/year
How many people on the team: 1
Wander New Mexico Food Tours, founded by Joe Griffith, has grown 70% year over year since launching its first walking food tour in 2016; in peak months this past summer, the company did over $30K/mo in sales, and has gained the #1 tour ranking in Santa Fe on TripAdvisor as well as being named by USAToday as one of the “10 Must-Try Food Tours in North America.”
10. Free Walking Tour Italia ($118K/year)
Three young Italian travelers got the idea for their business while on a road trip from Shanghai to Cambodia. They participated in Free Walking Tours and realized it was a perfect way to discover cities. They decided to bring the concept to Italy, where it was underdeveloped, and created the first and largest network of Free Walking Tours in the country, attracting more than 7,000 tourists in just two years.
How much money it makes: $118K/year
How much did it cost to start: $3K
How many people on the team: 3
From zero to a network of free walking tours in 24 cities across Italy in just 2 years, these three friends built a €10,000/month business by offering quality tours and fostering word-of-mouth advertising, even while weathering the COVID lockdown.
11. StructurInfo (ZigZag Road Trips) ($108K/year)
Claire Robinson, founder of StructurInfo, came up with the idea for her travel blogging business after realizing the frustrations travelers had with traditional travel guides. She launched her own collection of curated road trip guides, offering practical information and stunning visuals to make trip planning easier. Despite the challenges posed by the pandemic, Claire's business was thriving, with an average monthly revenue of $9,000 pre-quarantine.
How much money it makes: $108K/year
How many people on the team: 1
French founder Claire Robinson generates an average monthly revenue of $9,000 from her travel blogging business, StructurInfo, which focuses on road trip planning; Robinson offers her own authored travel guides and has developed her business through search engine optimisation and dedicated customer focus.
12. Spread Your Wings Travel Agency ($84K/year)
Marissa Daniels, the founder of Spread Your Wings Travel, came up with the idea for her millennial travel agency while scrolling on Facebook and seeing vacation deals posted by her sponsor. Realizing that she could get paid for something she already loved doing, she started her travel agency and hit $100,000 in travel sales within a year. With plans to reach $200,000 in sales by the end of the year, Marissa offers all-inclusive vacations, cruises, luxury villas, and more, with a payment plan option to make travel accessible for all.
How much money it makes: $84K/year
How much did it cost to start: $200
How many people on the team: 1
Marissa Daniels runs a successful travel agency, Spread Your Wings Travel, that hit $100,000 in sales within a year of launch and provides payment plan options for its all-inclusive vacations, and she hopes to help 100 families supplement their income through the business.
13. Hobnail Trekking Co. ($60K/year)
Mark Johnson, the least qualified person to start an adventure travel company, got the idea for Hobnail Trekking after meeting a Nepalese man in a Lyft ride who happened to be an Everest Region Sherpa. Realizing there were no regional trekking companies offering treks to Mt. Everest Base Camp, Johnson, along with his wife and the Nepalese man, decided to create their own company with Johnson handling the marketing and web development, his wife managing finances, and the man handling the trekking logistics in Nepal.
How much money it makes: $60K/year
How many people on the team: 1
Hobnail Trekking Co. is a side-hustle adventure travel company that offers treks to Mt. Everest Base Camp and has sent 23 Americans on this journey, while grossing close to $60k since launch.
14. Urban Hiker SF ($45K/year)
After leaving her job at Google, Alexandra Kenin took time off to explore San Francisco and realized that others might want to experience the city's hidden gems. With inspiration from local hiking groups, Airbnb experiences, and coupon promotions, she started Urban Hiker SF, offering urban hiking tours that have attracted thousands of tourists and corporate clients, generating up to $8,000 per month in revenue during the peak tourist season. Alexandra also established herself as an expert on hiking in San Francisco by writing a book and partnering with travel marketplaces and DMCs.
How much money it makes: $45K/year
How many people on the team: 0
Alexandra Kenin started Urban Hiker SF in 2012, offering urban hiking tours around San Francisco and making $40,000 to $45,000 every year, with corporate tours being the biggest money maker, and has also written a book, Urban Trails San Francisco, which has sold over 8,000 copies since its launch in 2016.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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