Travel Consulting Business

5 Travel Consulting Business Success Stories [2024]

Pat Walls

•

Updated: October 7th, 2024

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.

In this list, you'll find real-world travel consulting business success stories and very profitable examples of starting a travel consulting business that makes money.

1. Flight Expert Bangladesh ($18M/year)

Salman Rashid, Founder & CEO of Flight Expert, came up with the idea for his business after realizing the potential of online travel agencies in Bangladesh. Seeing the decline in revenue in his family's offline-based travel agency, Salman suggested starting an OTA to his father. Despite initial skepticism, Salman recognized the need for better technology, service culture, and the value of brand trust in the industry, leading to the launch of Flight Expert in 2017.

How much money it makes: $18M/year
How much did it cost to start: $80K
How many people on the team: 60

I Started The First Online Travel Agency In Bangladesh And It Now Makes $18M/Year

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.

Read this case study

Read by 6,438 founders

2. 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

How We Started The $35M/Year Dubai's Leading Tour Operator

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.

Read this case study

Read by 7,387 founders

3. CuddlyNest ($2.8M/year)

Ritesh Raj, the co-founder and COO of CuddlyNest, came up with the idea for the accommodation booking platform after years of traveling to over 100 countries and realizing the pain points of finding diverse types of accommodations. Alongside his co-founder, they decided to create a centralized platform that offers all kinds of properties for all types of travelers. Since its launch, CuddlyNest has raised over $14 million in funding and has plans for continued growth and expansion.

How much money it makes: $2.8M/year
How many people on the team: 72

How We Solved A Major Pain Point With Travelers And Built An All-In-One Booking Platform [$2.1M Sales in 2022]

CuddlyNest has become the only online travel agency that offers all types of accommodations in one platform, with inventory currently including over 4 million properties of all types in 80k+ cities, and is expecting to hire more than fifty new employees in the coming months.

Read this case study

Read by 3,809 founders

4. Travel Blogging 101 ($660K/year)

Shelley, a former travel magazine editor, started a travel blog after leaving her corporate job.

In just two years, she became a six-figure blogger and taught others how to achieve similar success.

Through her courses and blog, Shelley has generated significant income and plans to continue expanding her business and creating more courses in the future.

How much money it makes: $660K/year
How much did it cost to start: $1K
How many people on the team: 1

How I Run Four Travel Blogs And A Consulting Blog Making An Average Of $55K/Month

Travel blogger turns four profitable blogs into a six-figure business, increasing income by 3,113% from 2021 to 2022, and now teaches others how to scale quickly using her techniques.

Read this case study

Read by 6,050 founders

5. Total Travel Solution ($240K/year)

Nishan Rajakaruna, the CEO & Founder of Total Travel Solution in Sri Lanka, came up with the idea for his travel agency after reading a tea-export company's brochure that mentioned being a "total tea solution." He decided to create a company called Total Travel Solution and partnered with a leading travel agent in Spain, which changed his life and made TTS a successful company. Despite challenges in the tourism industry, TTS remains a leading travel agency in Sri Lanka.

How much money it makes: $240K/year
How much did it cost to start: $1K
How many people on the team: 5

How I Built A Niche Travel Agency That Pulls In $300K/Year [Sri Lanka]

Total Travel Solution is a 6-figure (USD) company that sells the best quality Sri Lanka and Maldives tour packages to tourists from all over the world, generating a sales revenue of about USD 2 million from 2012 to 2018 while maintaining their growth through honest, trustworthy, and high-quality services.

Read this case study

Read by 3,068 founders