Travel Planning Business

Business Idea: Start A Travel Planning Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$540K
Avg Startup Costs
$11.7K
Score
75
Market Size
Avg Revenue
Min Revenue
$165K/month
Max Revenue
$1.5M/month
Avg Days To Build
285 days

Travel planning business is a service that helps people to plan their vacations, holidays, and trips. They offer information about destinations, hotels, flights, and other travel-related services. A travel planner can help you with any aspect of your journey. They will be able to suggest the best destinations for your budget and itinerary preferences.

To succeed in this competitive environment, a travel planner needs to have the following skills:

  • Excellent customer service skills
  • A strong understanding of the various destinations
  • Good knowledge of hotels and other travel-related services
  • Good communication skills

Revenue & Profitability

How much do travel planning businesses make?

Startup Costs

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

  • It can cost as low as $50,000 to start a travel planning business.
  • It can cost as high as $650,000 to start a travel planning business.

Learn more about the costs of a travel planning business.

Examples Of Successful Travel Planning Businesses

Successful travel planning 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 planning businesses.