Travel Consulting Business

Business Idea: Start A Travel Consulting Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$462K
Avg Startup Costs
$21.2K
Score
75
Avg Revenue
Min Revenue
$20K/month
Max Revenue
$1.5M/month
Avg Days To Build
90 days

Many people dream of traveling the world. Starting a travel consulting business is an excellent way to make a passive income, explore different parts of the world, and help others do the same.

As a travel consultant, you will provide advice to clients on various aspects of travel, including destinations, airfare, accommodations, and activities.

The objective is to assist tourists and travelers in planning personalized vacations, offer travel advice, and provide end-to-end travel arrangements for a fee.

By making use of industry knowledge and relationships with hotels, airlines, and destination experts, travel consultants can save their clients time and effort in designing their dream trips.

Revenue & Profitability

How much do travel consulting businesses make?

Startup Costs

How much does it cost to start a travel consulting business?

  • It can cost as low as $1,000 to start a travel consulting business.
  • It can cost as high as $80,000 to start a travel consulting business.

Learn more about the costs of a travel consulting business.

Examples Of Successful Travel Consulting Businesses

Successful travel consulting business businesses and case studies

How a first-time founder grew the first-ever online travel agency in Bangladesh to 700+ airlines and one million-plus hotels worldwide, with a 50% increase in revenue in October 2021 compared to pre-Covid sales and aiming to hit break-even by March 2022.

$1.5M Monthly Revenue
$80K Startup Costs
Read by 6,421 founders

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.

$500K Monthly Revenue
Read by 7,347 founders

See full list of successful travel consulting businesses.