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Start » business ideas, 10 travel and hospitality business ideas.

As travelers contemplate comfortable new ways to satisfy their wanderlust, opportunity awaits for entrepreneurs who offer safe, fun and authentic experiences and services.

 A group of seven friends sit on an orange picnic blanket outside, with a scenic valley in the background and trees strung with lights overhead. In front of the group are glasses of wine, a couple of lanterns, a charcuterie board, and mason jars filled with a golden beverage. Each member of the group holds up a lit sparkler.

With barriers easing, both literally and figuratively, many travelers are in the planning stages of long-awaited reunions, getaways and adventures. For some pleasure-seekers, their post-pandemic plans look very different than they did before. Travel is an industry that has been significantly reshaped , with experiences and expectations now looking vastly different.

With comfort and confidence levels rising anew, all signs point to opportunity for those looking to start a small, travel-related business and parlay their savvy of the tourism scene with a side of next-level hospitality. The sky’s the limit, and these 10 ideas are great starting points for entrepreneurs of various interests and levels of expertise.

Bed-and-breakfast owner

In the current climate, many travelers are road-tripping it to smaller, more quaint destinations, seeking accommodations with a certain charm, character and personal approach to hospitality...and safety. The $3.4 billion bed-and-breakfast industry checks all the boxes and presents a great opportunity for those looking for a way into the tourism landscape without leaving home. Once you’ve established that you are someone who loves hosting and spending time with others, you will need a residence with enough space to create private accommodations for guests, ideally each with their own bathrooms. The more rooms you have to offer, the greater the income potential. B&B ownership also means a significant upfront investment , from securing permits to building out guest rooms, buying furnishings and essentials and accounting for kitchen upgrades and food needs. Sustainability, farm-to-table or plant-based menus and local cooking classes are some of the ways some bed-and-breakfast hosts are creating a point of difference in their market.

Glamping host

Perhaps you don’t have the indoor square footage and blueprints to create bed-and-breakfast accommodations, but you do possess the gift of great hospitality, live in a desirable destination and have an enviable backyard or are near a special natural setting. You could have the makings of a glamping business. Glamping is elevated camping, with upgraded accommodations, from luxurious tents to more unique structures , and an emphasis on comfort and amenities like access to bathrooms, fire pits, cookware to facilitate meal prep...and maybe even an outdoor pizza oven. Glamping is a form of travel gaining in appeal among couples, groups of friends and families, with market forecasts expecting that it will reach $1.88 billion in revenue this year. Before you jump in, make sure to secure all necessary permits for your location. Once you’re ready for visitors, post swoon-worthy photos on social media and all the details on booking sites like Airbnb , Glamping Hub , Cool Camping and Hip Camp .

Private tour guide

If you live in or near a sought-after town or city and love to share everything there is to know (including its best-kept secrets) with others, offering up your knowledge and passion as a private tour guide could be rewarding and profitable. You can essentially set your own schedule, create an experience that is unlike any other in your area and customize tours based on traveler preferences and interests. Building relationships with cool local businesses can be a great way to give tourists an insider’s perspective and support the community. Get your feet wet with the built-in audience and fulfillment support of platforms like ToursByLocals , which connects travelers with private local guides for a percentage of each booking. Build your business by posting tour details on local Facebook groups as well as groups targeted to visitors to your area.

Travel blogger

Travel bloggers have become a trusted source for inspiration, advice and recommendations for those dreaming about or planning trips. These bloggers document their research and experiences, often in great detail, through captivating writing and images that command the attention of travelers—and the advertisers and content providers who want to reach them. Having a niche (like sustainable travel, solo travel or last-minute getaways), a unique voice and great insider tips on local hot spots or ways to save time and money are key. Building a profitable business out of your passion means a lot of relationship building and marketing to integrate affiliate links , content sponsorships and advertising, plus becoming part of the select few that are offered paid travel to write about a locale or hotel. You can also generate income by charging a fee for travel photographers to curate your site with their images, crediting them and linking back to their online galleries. As a starting point, it’s a good idea to spend time on the leading travel blogs to gain insight and best practices.

A background in tourism or hospitality can be a plus, as is niche expertise in a particular city or region.

Tourism and hospitality translator

If you’re fluent in multiple languages, able to not only speak, but write, with creativity, proficiency and ease, there are tour operators, hotels, restaurants and many other travel-related businesses that may be in need of your skills. From websites to brochures to menus, inclusivity is key to welcoming travelers who want to understand the food, art, attractions and culture of their chosen destination without language being a major barrier. As a translator, you can help businesses of all sizes create dynamic digital and traditional communications that assist their foreign customers and create lasting, positive experiences. You can also offer in-person services as a translator for hotel guests in need of an interpreter for tours, business meetings or social engagements.

Photographer

Photographers in the travel space are skilled at capturing the best or most interesting attributes of a destination, its people and its culture. Photography is an exciting profession for those who have mastered the makings of a great shot from angles to lighting and have the equipment, flexibility and adventurous spirit to deliver wonder and a sense of the world through images. Travel photography is not limited to one style or category. It is a field with many different specialties . The key is aligning your passion and talent with opportunities in the marketplace, such as photography for marketing materials, web content or selling your images as prints. An attention-worthy digital portfolio , a social media presence and positive reviews are all key drivers of photography business success.

Local cooking classes

Love to cook and get rave reviews for your culinary skills? Know some recipes that capture the flavors of your hometown, city or region? Why not consider hosting cooking classes marketed to travelers and visitors looking for something special and authentic to do during their adventure? Culinary tourism is on the rise as more and more people crave travel that exposes them to exciting food and drink experiences. An off-the-beaten-track invitation to participate in preparing local flavors in the comfort of a home kitchen is a very intimate, special and unique opportunity. Offer a menu of local favorites while sharing stories and anecdotes that captivate. Make sure to know and fulfill any licensing requirements that exist in your town.

Vehicle rental

The current automotive shortage has trickled down to rental cars, with lack of availability amid increased demand driving up prices considerably. With no sign of the shortage abating, those with a spare set of wheels can be of great value to out-of-town travelers in need of a way to get around. You can establish your own rental business, adding the vehicles of nearby friends and neighbors to your fleet, but you’ll want to first test-drive the idea through one of the popular peer-to-peer platforms already up and running, like Turo and Getaround . These apps have the ability to pre-screen applicants to weed out those with a record of past major accidents or frequent violations and also protect car owners with a $1 million insurance policy—all important elements to consider and have in place.

Souvenir shop

Travelers rarely return home without bearing gifts for others and something for themselves to remember their travels. In fact, the souvenir and novelty market is expected to grow by nearly $12 billion between 2021 and 2025. Sadly, the reality is that touristy gift shops are a dime a dozen, turning out factory-made T-shirts and trinkets and lacking the authenticity that many travelers seek. If you live in an area rich in history and culture and have experience in sales, explore the possibility of opening up a gift shop featuring and supporting local artisans. Sourcing items can be a challenge; however, Etsy is a great platform for identifying creators who live in your area and may have crafts and wares with a wow factor. Local restaurants with their own lines of bottled or packaged foods are another good area to explore.

Travel concierge service

If you are well-traveled, highly resourceful, well-connected and hyper-focused on life’s little details, you can put your knowledge and skills to good use as a personal or corporate travel concierge. A travel concierge attends to every aspect of their clients’ travels, from arranging transportation and dining reservations to accessing premium event tickets and booking tours, attractions and unique experiences. A background in tourism or hospitality can be a plus, as is niche expertise in a particular city or region. For instance, establishing yourself as an expert in all things Paris or focusing on tours for wine enthusiasts can help make you more marketable and focus your marketing efforts accordingly. The key to success is to make travel smooth, safe, memorable and authentic for your clients and elicit positive reviews through word-of-mouth and on well-trafficked travel sites and social media groups.

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21 Tourism and Travel Business Ideas

Back to Business Ideas Categories

Written by: Carolyn Young

Carolyn Young is a business writer who focuses on entrepreneurial concepts and the business formation. She has over 25 years of experience in business roles, and has authored several entrepreneurship textbooks.

Edited by: David Lepeska

David has been writing and learning about business, finance and globalization for a quarter-century, starting with a small New York consulting firm in the 1990s.

Published on July 21, 2022 Updated on October 2, 2023

21 Tourism and Travel Business Ideas

With the pandemic winding down, countless Americans are getting back to traveling! That means now is a great time to establish a travel-related business and build a steady income. The tourism industry is massive and diverse, offering many opportunities for sharp entrepreneurs. 

You could start a travel agency, a campground, a hotel, or a concierge service . Explore many more excellent tourism business ideas in our list below.

1. Travel Agency

How to start a travel agency business

If you love to travel and are always planning your next trip, starting a travel agency might be the perfect career choice. It’s a great way to share your love and knowledge of travel, and it can be very lucrative. US travel agencies are rebounding strongly from the pandemic and expect a 38% increase in revenue in 2022. Looking ahead, the market is expected to grow steadily through 2026.  

If you have the resources, starting a travel agency business can be a breeze. But first, you need to identify your target market. Will you focus on domestic or international travel? A lot of Americans go on short trips for vacation or business purposes, providing an opportunity for travel agencies to earn money. Arranging tours and outings for international visitors is also possible now that the US has eased travel requirements. Once you find your niche and draw up a business plan, you should work on establishing your brand and promoting it to find clients.

2. Nightclub

How to Start a Nightclub

Do you enjoy late nights on the town? If so, starting a club might be right up your alley. Nightclubs and music venues are part of the US bars and nightlife industry, which suffered a sharp decline during the pandemic. But now that people are hitting the town again the market is set to grow 14% and exceed $28 billion in revenue in 2022. 

Before you open your club, it’s important to know that the industry is heavily regulated, especially when it comes to alcohol consumption. You’ll need to meet both state and local regulations and licensing requirements so it’s best to inquire about the details from your local authorities first. Next, it’s a good idea to research the market and find out what other clubs in your area are offering. You’ll have to innovate and come up with a unique selling proposition and a creative marketing plan for your club to attract customers. With these in place, your club can be very profitable.

3. Photography

How to start a photography business

Are you an amateur photographer who loves snapping great images? Photography in the US is an $11 billion industry expected to see steady growth in the coming years, so now would be a great time to stretch your entrepreneurial wings and give it a shot. You could focus on travel photography, if that’s your passion, and give the world beautiful photos while also seeing the world. 

Assuming you already have a professional-level camera, you’ll just need some great editing software and to build a website showing off your portfolio and listing your prices and services. With a bit of talent and determination, you could be snapping your way to success in no time!

How to start a airbnb business

If you’ve stayed in an Airbnb, you probably know how sweet it is to have a home away from home! This is why the homestay segment of the hotel and lodgings market has seen explosive growth in recent years, with Airbnb leading the way. Renting out your home as an Airbnb is an easy and flexible way to earn income, whether you’re looking for a little extra money or to build a serious business. 

The first step is to make sure your home or apartment can be rented out for short-term stays. In many areas today, there are laws either banning Airbnb rentals or limiting them to a certain share of local units. If your home clears that hurdle and is in an area with some tourist appeal, you’re already halfway there. If your apartment fails to meet one of these requirements, you might want to look into purchasing a home or apartment in an appealing destination, which you could then develop into a successful Airbnb. 

Whichever approach you choose, the most important step is delivering fantastic service to your guests. If you can achieve Superhost status, you’ll be well on your way to Airbnb success.

5. Translation Business

How to start a translation agency

Demand for translation services is expected to grow as more companies seek to capture or increase their share of the global market. In the US, more than 10,000 new jobs for interpreters and translators are expected each year through 2030. Translation businesses help translate documents, localize travel and city guide websites, and interpret speech, including sign language. If you’re thinking of starting a translation business, you’re not alone. But if you have the skills and the right talents and tools, you could edge out the competition. 

In this internet age, finding translators who can work remotely across the globe has become easier. Promoting diversity among your staff could also be good for your business because you’ll be able to offer translation services for more languages. Do the paperwork to register your business, keep yourself updated with the latest technologies, promote your services, and you should be able to gain traction as soon as you start operating.

6. Bed and Breakfast

How to start a bed and breakfast business

Many Americans still prefer to stay in a traditional B&B for the unique hospitality, homemade food, and fascinating local insights. The US bed and breakfast market was worth $1.7 billion in 2021 and expected to rebound strongly from the pandemic after the lifting of travel restrictions. If you’ve been thinking of opening your own bed and breakfast, now is a great time.

When starting a B&B, it’s important to be aware of the latest industry trends. For example, many guests prefer a facility that offers live entertainment or is located close to tourist attractions. It’s also to your advantage to research the market and see what features and services are being offered by the competition. Be innovative in coming up with ways to differentiate your business. Running a bed and breakfast is not easy, but it can be very rewarding if you play your cards right. 

7. Glamping

How to start a glamping business

A decade ago nobody had heard the word glamping, which is short for “glamorous camping”. Today it’s a nearly $3 billion global industry and among the fastest-growing segments of the travel and hospitality market, expected to more than double by 2030. If you have a bit of land in an appealing location, or have the funds to purchase such a plot, you could start your own glamping business and make a good living offering luxury experiences to discerning travelers.

There will be some serious work involved. In addition to acquiring the property, you’ll need to outfit it with all the bells and whistles — from tents and teepees to high-end beds, furniture, lighting and air-conditioning and heating units. If your location is on the water, you could boost your revenue by also offering sailboats, canoes, kayaks, and more. But before you get started, this is a new and fast-evolving industry, so it’s best to take the time to research the market and learn the latest trends before diving in.

To attract customers, your glampground needs to be among the most appealing in your area.

8. Jet Ski Rental

How to start a jet ski rental business

Do you like having fun out on the water? Well, so does everybody else! That’s why starting a jet ski business is almost always a great idea. The global personal watercraft market is worth $1.5 trillion and expected to expand an impressive 50% by 2027. Right now is a great time to start a jet ski business, bring good times to your community and ride the market expansion to great success. 

Getting there will require a significant investment. You’ll need to spend about $25,000 to get your first few jet skis, plus a rental facility on the water and permits and licensing fees. Of course, you’ll also need to live near an appealing body of water, preferably one that’s enjoyable for more than a few months of the year. Finally, you will want to get good insurance, because jet skis are as dangerous as they are fun.

Once that’s all settled, just start advertising on local outlets and events, posting on relevant social media groups and online vacation platforms. You’ll have your first few customers in no time, and soon be cruising toward success.

9. Campground

How to start a campground

Do you love the outdoors? If so, setting up a campground could be the perfect way to start your entrepreneurial journey. Camping is one of the most popular US pastimes in the US. Despite the pandemic, the number of US campers increased to 48 million in 2020, as outdoor activities were deemed safer than indoor recreation. 

Your biggest challenge in starting a campground is likely to be finding a suitable location. The most visited campgrounds in the US are in state parks, near bodies of water, surrounded by wilderness, or in the mountains. Once you find an ideal campsite, you’ll need to comply with licensing, zoning, and other legal requirements. Before you launch your business, it’s wise to research the market and find out what other campgrounds are offering. With careful planning and a creative marketing strategy, your campground can give competing sites a run for their money.

10. Pet Sitting

How to start a pet sitting business

You’d probably never guess that pet sitting is a $2.6 billion industry, but it is indeed. People love their pets, and will spend whatever it takes to ensure they’re taken care of when they are away. The pet sitting market is projected to see impressive growth through 2027, so if you’re an animal lover, now is the perfect time to start your own pet sitting business and ride that wave to serious profits. 

The first step is to decide which type of pets you’ll care for. Do you have more experience with dogs or cats? Are you OK with snakes? Pigs? Once you’ve got that nailed down, you’ll just need to buy some pet toys and supplies and offer your services on a gigs site like TaskRabbit. It’s a good idea to reach out to friends, family and work-related contacts and acquaintances. If you’re able to generate an initial client or two from your own personal network, and provide them with great service, you’ll have a strong reference to promote your services and start building a successful business.

11. Spa Salon

How to start a spa business

Countless travelers love to relax with a day at the spa, which is why this is a growing $17 billion US industry. If you’re a massage therapist or esthetician, you could open a beauty salon, nail spa, luxury spa, massage studio, or even a mobile spa, and make people feel better while making a good living.  

You will likely need to get licensed, which can take some doing, and deliver excellent services to compete in an increasingly competitive and saturated market. Another crucial aspect will be location — your spa should be somewhere with steady traffic. Or you could go the mobile spa route and make house calls, bringing your massage and therapeutic services to your clients. This is more convenient for them, which means you can charge a higher rate, despite having lower overhead.

There are many elements to consider for your spa business, but what is not in doubt are your chances of success if you’re determined and can deliver healing services.

12. Scooter Rental

How to Start a Scooter Rental Business

With gas prices going up, more and more Americans are turning to cheaper, more eco-friendly options for their commute and for seeing the city. Scooters cost less than cars and run on electricity. Over the past decade, Americans took a third of a billion trips on shared bikes and scooters. That’s a huge number, and it’s expected to increase sharply in the next few years. Considering this, a scooter rental business is a smart choice.

But first, it’s important to understand that scooters are used primarily as a transport option for short distances. Setting up this kind of business requires a huge upfront investment because you might have to purchase some scooters, unless you can lease them. You’ve need to make sure you have all the necessary permits and insurance in place before opening.

Once you have everything you need, it’s a good idea to work on a marketing plan. You can use social media, print ads, and word-of-mouth to get the word out about your new venture.

13. Party Bus

How to start a party bus business

Ready to party? As the pandemic recedes, everybody’s getting back out there to have a good time. For a lot of people that means renting out a party bus and dancing and drinking the night away while cruising down the streets. Party buses are part of the $8 billion US limousine industry, and expect strong growth as people schedule long-delayed parties, gatherings, and nights on the town.

Starting your own party bus business will require considerable investment. The major cost will be, of course, the bus itself. Hopefully you’ll be able to find a reliable one at a reasonable price and then deck it out with all the trimmings, from a bar and disco ball to a DJ booth and more. Once you’ve done some marketing and gotten the word out you’ll be able to charge as much as $700 per night, so it shouldn’t take too long before you see a major return on your investment. 

Just be sure to get all your licenses, permits and insurance — the last thing you want is for the party to get parked on the curb.

14. Car Rental

How to start a car rental business

As people book long-delayed holidays in the wake of the pandemic, car rentals are booming, with global revenues expected to double by 2027. With some hard work and determination, you could start your own car rental business and provide travelers the transport they need while grabbing your share of a growing $50 billion US market.  

Keep in mind that this is a competitive industry, which means you’ll need to find ways to stand out, such as with deep discounts or a unique selection of cars. Speaking of which, you’ll also need to lay out a sizable investment to get your initial fleet of four to five cars. Finally, it’s crucial that you meet all the licensing and insurance requirements or your business could face severe fines, or worse.

But if you’re able to clear these hurdles, there’s a good chance your car rental business will soon be cruising down easy street.

15. Boat Rental

How to start a boat rental business

Who doesn’t love a day out on the water? There are so many things to do. from skiing and tubing to cruising, socializing, swimming and just taking in the sun. That’s why boat rentals are a $5 billion US industry expected to see smooth sailing and steady growth in the years ahead. If you like spending time outdoors, you could start your own boat rental business and help people enjoy their time off while making a good living. 

There are several possible constraints. For one, you should live near a sizable body of water, and find an available access point or marina to base your operations. Second, you’ll likely need to accept the seasonal nature of this line of work, which in most areas of the US will only bring in revenue for 6-7 months of the year. Finally, getting started will require a significant investment, as appealing, rentable boats do not come cheap. 

But if you’re OK with all this, and able to acquire the necessary permits and insurance, once you start putting boaters on the water you’ll be cruising straight toward success.

16. Bike Rental

How to start a bike rental business

As travel regains steam and more workers return to the office, demand for bike rental for last-mile connections is sure to increase. If you’re thinking of starting your own business, a bike-share outfit or bike rental shop could be a great option. The US bike rental industry, valued at nearly $800 million, is projected to grow in the next five years amid a bike-share boom, driven in part by environmental concerns.

There are a few things you need to consider before starting a bike rental business. Is there a market for bike rental in your area? What kind of bikes should you offer? How many bikes should you start with? You will find the answers to these questions as you research the market. It is also important to comply with all the legal and regulatory requirements and to come up with a good marketing plan. One option is to place bike docks near subway stations and major bus stops.

17. RV Rental

How to Start an RV Rental Business

RVing , or traveling in a recreational vehicle, is a popular way of exploring the US with family and friends. It’s showing no signs of slowing as more than 70 million Americans are expected to go on road trips in an RV they rent, own, or borrow, according to the RV Industry Association. You could start an RV rental business and tap into this exciting travel market.

You can either invest in a fleet of RVs, which would require a hefty investment, or you can just list your RV on an online marketplace like Outdoorsy. Before setting your rates, it’s a good idea to scope out the market and find out what your competitors are charging. You’ll have to factor in insurance and other costs in order to make a profit.

Finally, it’s important to keep your RVs well-maintained to attract customers, most of whom prefer to rent out new units. With all this in place, your RV rental business will making good money in no time.

18. Kayak Rental

How to start a canoe and kayak rental business

As more people explore the outdoors in a post-pandemic world, a kayak business makes sense. It’s an eco-friendly way to help travelers enjoy their time off while getting some exercise and enjoying the great outdoors. Sales of kayaks and accessories are expected to see steady growth and reach nearly $300 million by 2027. So, why not start a kayak rental business now?

Aside from offering kayaks for rent, you could also also offer apparel and helmets, storage bags, seats, life jackets, and safety gear. Selecting the location of your shop is important. It will have to be near the coast, a river or a lake, and with steady foot traffic. You’ll need a substantial investment to set up your shop. Finally, it’s a good idea to promote your business and let people know about your offerings.

19. Taxi Business

How to start a taxi business

Considering all the ride-sharing apps out there, you might be surprised to learn that old-school taxis are not only surviving, but doing quite well. The US taxi and limo market is worth more than $66 billion and expected to see steady growth in the coming years. If you enjoy driving and meeting new people, starting a taxi business might be the right move for you. 

Getting started will require some real effort and investment. You’ll need to buy a reliable car, if you don’t already have one, plus reliable insurance and all the necessary permits. In some cities the car hire license can be a major expense, for instance a New York City taxi medallion costs $80,000. In other places, like $300 in Cleveland, not so much. Once you’ve all set up, it’s a good idea to build a website so people can find you, and you might want to offer an app as well, as most car services nowadays offer on-demand ordering. 

Finally, get creative with your marketing to stand out in a competitive market, provide excellent service and steady driving to your first few clients, and the good reviews and revenues should start pouring in.

20. RV Park

How to Start an RV Park

The wanderlust spirit and a rise in road-tripping have amplified the allure of RV travel. Capitalizing on this trend, starting an RV park presents a golden opportunity in the travel business sector. Such parks cater to a growing demographic of explorers seeking the comfort of their RVs while embracing the freedom of the open road. With the right amenities and a strategic location, an RV park can be a haven for both short-term travelers and long-term nomads.

Location is paramount, ideally near popular tourist spots or natural attractions. Additionally, ensuring modern facilities, security, and possibly offering unique experiences or events can differentiate your park from competitors. As travel patterns evolve, an RV park can offer travelers a blend of adventure and convenience, making it a profitable and sustainable business venture.

21. Tour Operator

How to Start a Tour Operator Business

Tour operator business thrives on curating unique experiences, offering tailored packages, and ensuring travelers get the best out of their journeys. Unlike general travel agencies, tour operators control and manage the specifics of the trip, right from itinerary planning to the on-ground execution. This means creating partnerships with local businesses, ensuring safety standards, and offering a seamless travel experience to clients.

In today’s digital age, a tour operator’s success doesn’t just hinge on local networking, but also on a strong online presence. Reviews, testimonials, and digital marketing strategies play a pivotal role in attracting potential customers. Whether one chooses to cater to adventure seekers, history enthusiasts, or luxury travelers, the key is to differentiate, maintain high service standards, and keep evolving with the dynamic travel industry.

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  • Travel Agency
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  • Translation Business
  • Bed and Breakfast
  • Jet Ski Rental
  • Pet Sitting
  • Scooter Rental
  • Boat Rental
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  • Kayak Rental
  • Taxi Business
  • Tour Operator

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82 Hospitality Business Ideas You Can Start Today [2024]

Are you Interested in starting a hospitality business in 2024?

Hospitality business ideas can be very profitable for entrepreneurs. However, picking the right one can be an overwhelming experience.

Luckily, there are dozens of business ideas in hospitality industry. From hotel business ideas to tours and travel to events planning, you just have to go for what you are passionate about and ensure the right approach.

We put together 82 of the best hospitality business ideas you can start today.

We'll highlight real-world examples of other hospitality businesses to help you see what it takes.

Here's the full list:

1. Start a hotel consulting business

A hotel consulting business provides professional advice to investors or individuals interested in the hospitality industry. Another role of a hotel consultant is analyzing the hospitality industry and advising the hotel and resort owners on how to build a thriving business.

To start and operate a successful hotel consulting agency, focus on gaining industry knowledge and earning years of experience in hotel management.

How much you can make: $500,000/month

How long does it take to build: 60 days (?)

hospitality and tourism business ideas

Boyd Hollow Resorts is launching a 5-star boutique resort and event center based on a fiction book that will be the first of many Villages to be built around the world, with over 200 event inquiries received before launching.

hospitality and tourism business ideas

2. Start a walking tour business

Do you love meeting new people, sharing knowledge, and touring places? Then, starting a walking tour business can bring so much enjoyment, and it is also a great business idea.

Starting a walking tour requires so little to no startup capital. With word of mouth and a website, you can begin receiving dozens of bookings so long as your walking tours are well planned and targeted to potential customers.

To start the walking tour business, do market research and design uniquely enjoyable tours. Establish proper marketing channels and register the business appropriately.

How much you can make: $9,806 — $8,110,000/month

How much does it cost to start: $3,000 (?)

hospitality and tourism business ideas

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.

hospitality and tourism business ideas

3. Start a travel agency

Are you a passionate traveler with entrepreneurial skills? Then starting a travel agency can be a great career choice for you.

As a travel agency, you'll be responsible for linking travelers to providers of all the travel and tourism-related services such as accommodation, transportation, sightseeing, tour guides, local adventure, etc.

Starting an online travel agency is a lot easier than you might think. You'll need to perform market research, get a few necessary certifications (such as your IATA number), study competition, build a website, and do proper marketing.

To maximize earnings, negotiate discounts from the industry service providers, and charge travelers within the market rate.

How much you can make: $2,000 — $114,200,000/month

How much does it cost to start: $1,000 (?)

How long does it take to build: 90 days (?)

hospitality and tourism business ideas

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.

hospitality and tourism business ideas

4. Start a tour company

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.

How much you can make: $3,750 — $43,300,000/month

How much does it cost to start: $2,500 (?)

hospitality and tourism business ideas

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.

hospitality and tourism business ideas

5. Start a private snorkel tour business

Do you enjoy watching fish and other underwater creatures? You could turn your love for underwater watching into a great snorkeling business. As much as snorkeling is a combination of entertainment and relaxation, starting a snorkel tour business is a fantastic way to earn income.

To get customers to your snorkeling tours, design an informative and colorful brochure depicting the entertainment and relaxation that snorkeling offers. Do not forget to record videos, share them widely on social media, and tag nearby restaurants, hotels, and campgrounds.

To run a successful business, you will need general knowledge and experience in snorkeling, first-aid training, and equipment. Also, due to the nature of this business, you will need to carry liability insurance and possibly a certificate identifying you as a tour operator.

How much you can make: $60,000/month

hospitality and tourism business ideas

Five Star Thailand Tours has grown from humble beginnings, selling boat tours from a rented wooden beach shack, to generating revenues in excess of $750,000 per annum, with room for further growth, by offering mid-range, semi-private boat tours for travelers seeking quality service at an affordable price.

hospitality and tourism business ideas

6. Start a cleaning business

Starting a cleaning business is an excellent opportunity to be your boss and make money doing what you love. This business is relatively easy to create and does not require much equipment or funds.

There are many cleaning services, so deciding what services (or combination of services) you will offer and what hours of the day or week those services will be available is essential.

To start cleaning service, you’ll want to consider investing in professional cleaning equipment such as a vacuum cleaner, a quality mop, and a good cleaning bucket. You will also need to buy environment-friendly cleaning products such as detergent, bleach, paper towels, and trash bags.

How much you can make: $2,000 — $708,333/month

hospitality and tourism business ideas

MaidThis®, launched by Neel Parekh in Los Angeles with just one cleaner in 2013, has achieved over $10 million in total revenue by focusing on cleaning Airbnbs and vacation rentals, thanks to its successful remote business model and new-age marketing tactics, and has now launched MaidThis Franchise to expand the business further.

hospitality and tourism business ideas

7. Start a car rental business

Starting a car rental business can be a profitable venture for those interested in the auto industry.

Retail and corporate are the main segments within the car rental industry. Retail car rentals focus on individuals who rent cars for shorter periods, while corporate car rental targets companies that want to transport clients or employees.

If you are starting a car rental business , target airports, hotels, railway stations, commercial offices, and other high-traffic areas.

Market your business, hire employees who will manage the operations and keep records, and purchase business insurance for both cars and employees.

How much you can make: $2,000 — $583,333/month

hospitality and tourism business ideas

ROAMERICA, a campervan rental company founded by Taylor Hood and Gretchen Bayless who quit their full-time jobs to focus on their business and have expanded their fleet quickly to meet the demand of adventure-seeking customers, with most of their web traffic coming from organic Google searches and a focus on social media and brand awareness.

hospitality and tourism business ideas

8. Start a private hostel business

A private hostel is a residential premise or center set up by a private entity to accommodate paying guests on a rental basis for a fixed duration. Private accommodation for tourists and travelers can be a good option if you love meeting and hosting different people while creating a passive income from your business.

Setting up your own private hostel business takes a lot of planning. First, find the ideal location and check all the local zoning laws. Then, procure (buy/lease) a perfect building and equip it with beds and other accommodations for guests.

To attract business, network with tours and travel companies and advertise the business on social media.

How long does it take to build: 730 days (?)

9. Start an event management company

Do you have a basic understanding of events, possess great communication skills, and aren’t afraid to talk to C-suite executives, event attendees, donors, brand sponsors, and vendors?

Event management is a profession that is growing rapidly. Experts estimate that the event management and planning industry will experience a growth rate of 10% in a few years.

You can use your skills and passion by starting an event management company. Event management is not only an exciting career, but it is also a profitable business opportunity, with endless opportunities, you can focus on social and entertainment events, and corporate events, or become a general event management company.

How much you can make: $1,000 — $500,000/month

How long does it take to build: 160 days (?)

hospitality and tourism business ideas

A successful ticketing platform that grew from a side project into a business that issues over 5 million tickets annually, using a combination of cold calling, word of mouth, and partnerships to attract and retain customers while navigating the challenges of COVID-19.

hospitality and tourism business ideas

10. Start a day spa business

A luxury day spa offers skin and body care, hair removal, makeup, and other body pampering treatments.

Luxury day spas have boomed over the past few years, and the trend will not stop anytime soon. Millions of people worldwide schedule to visit a day spa where they can relax, feel pampered and unwind. If you love helping people relax, starting a luxury day spa can be a rewarding business. It is fun and profitable if you have a good business plan and find an excellent location for your spa.

How much you can make: $250,000 — $275,000/month

How long does it take to build: 180 days (?)

hospitality and tourism business ideas

ZZ Day Spa, founded by Gary Oberoi, went from $30,000 to $240,000 in monthly revenue within three years in New York as they aim to become the most customer-centric day spa in the world through hiring the right people and providing an unforgettable experience while mastering digital marketing to attract clients.

hospitality and tourism business ideas

11. Become a travel photographer

Are you a talented creative with an ever-enduring sense of wanderlust and looking for a business to support your travel expenses? Becoming a travel photographer can be a great business opportunity!

Travel photographers focus on documenting places, animals, and sceneries on their photojournalist websites or library and selling to different clients.

For instance, you could get your photo on a national geographic cover or sell it as print art at local museums or galleries.

How much you can make: $2,300 — $233,333/month

How much does it cost to start: $500 (?)

hospitality and tourism business ideas

Wandering Aunt founder Robin Finney shares her journey of starting a sustainable travel business, including her decision to leave her corporate marketing job of 11 years, using a simple website and free tools like Mailchimp to grow her email list and attract customers, and the importance of investing in a coaching program for support.

hospitality and tourism business ideas

12. Start a restaurant reservation platform

A restaurant reservation platform lets customers reserve a table while restaurateurs oversee bookings, cancelations and no-shows. The reservation software may also feature a waitlist tool, a visual table management and handles payments.

The hotel and restaurant business has become more competitive, and restaurants are focusing on improving service delivery. An example of a great approach is investing in table reservation software, which delivers a more predictable wait time. A restaurant reservation platform helps businesses optimize seating layouts to accommodate more customers.

Therefore, building a restaurant reservation system can be a great idea if you want to start a hospitality business.

How much does it cost to start: $5,000 (?)

How long does it take to build: 720 days (?)

13. Start an airbnb hosting business

Do you have an extra room or an unoccupied house in your home? You can turn that property into a revenue-generating asset by starting an Airbnb listing. Airbnb is one of the world’s largest accommodation platforms. According to experts, Airbnb’s future is undoubtedly bright.

Therefore, starting an Airbnb business can be rewarding. To start, prepare your Airbnb listing and set it up accordingly. To increase bookings, offer the best services, and encourage the guests to leave a positive review.

How much you can make: $1,333 — $270,000/month

How much does it cost to start: $2,000 (?)

How long does it take to build: 30 days (?)

hospitality and tourism business ideas

HostButlers is Ireland's first professional property concierge service for short-term rentals on Airbnb, boasting over 200,000 hosted guests and profitability from month 5.

hospitality and tourism business ideas

14. Start a golf course business

If you are a golfer, it is easier to fall in love with owning a golf course. A golf course business can be a passive idea and a great retirement plan.

To start, you can purchase a ready golf course. Alternatively, if you own a piece of land, you can do your golf course. The golf course is a passive source of income and similar to real estate, and its value increases over time. Therefore, the golf course business idea can be a profitable and secure investment.

How much you can make: $1,000,000/month

How long does it take to build: 580 days (?)

hospitality and tourism business ideas

BombTech Golf is an ecommerce business that sells premium golf clubs direct-to-consumer; the BombTech Driver, which was the company's flagship product, was launched in 2017 and contributed to $6.3 million in sales that year, with the founder having designed the club with the help of engineering students at a local college before using Facebook to engage his audience in the design and production process.

hospitality and tourism business ideas

15. Start a casino guide

Are you passionate about casinos and gambling? If so, starting a casino guide business is one way to profit from your passion. A casino guide targets tourists looking for a place to play their favorite games and probably win the incentives offered at the casino.

Starting a casino guide is not only a fun way to spend your extra hours, but it is also a rewarding business. You can feature the local casinos in your area and earn an affiliate's commission for referring tourists to the casinos.

How much you can make: $10,000 — $773,000/month

How long does it take to build: 195 days (?)

hospitality and tourism business ideas

This case study follows a successful online casino website generating $500k/month in revenue and holding the world's #3 position in its segment, sharing the story of its founders' journey from starting out with SEO strategies, to redesigning their website, and diversifying their business with new products and brands.

hospitality and tourism business ideas

16. Start a hiking company

Are you passionate about backpacking and hiking? Starting a backpacking and trekking business can be a noble idea if you love everything about tours and travel and know all the tourist attractions in your neighborhood.

To start a hiking company, explore the hiking tour market, and create a business plan. Also, take photos of the hiking sites and the trails, then post them to your social media pages and website.

How much you can make: $5,000/month

hospitality and tourism business ideas

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.

hospitality and tourism business ideas

17. Start a food truck

Food trucks are a highly profitable business that offers customers a variety of meal options out of a mobile truck. This basically operates inside a large vehicle equipped with kitchen and food products. Starting a food truck is a dream for many people, but it's more challenging than it looks. To make it work, you need the ideal location and menu.

To start a food truck business in a particular city, it is mandatory to check what kind of food trucks are already operating, identify a gap, and bring in some new experiences. Then, with the right plan and the right approach, you can be on your way to starting your own food truck empire.

How much you can make: $29,166 — $61,650,000/month

How long does it take to build: 75 days (?)

Time commitment per week: Min. 5 hours/week

hospitality and tourism business ideas

Food Fleet grew over 160% in just one year and managed over 20 million in sales for its clients, securing multiple contracts with the likes of Sodexo, Levy Restaurants and more, due to its understanding of catering client needs and its advanced turnkey and design services.

hospitality and tourism business ideas

18. Write a travel guidebook

Every travel destination offers a unique experience. Are you passionate about traveling and exploring new locations? You can translate unique experiences into something tangible for other travelers by writing a travel guidebook.

A travel guidebook explains to travelers different things about the destination, including:

  • What is there to do
  • What and where to eat
  • How to get around
  • Where to stay

If you are enthusiastic about your local neighborhoods and townships, you can share a lot of information and market them as ideal travel locations.

How much you can make: $200/month

hospitality and tourism business ideas

Learn how a writer and tour guide turned her niche knowledge of the Spanish island of La Palma into a successful book business, earning ⅓ of her modest income through sales of her self-published guide book to the island's astronomical observatory and other publications, often selling directly to observatory visitors and other outlets, and how the books promote her income-earning work.

hospitality and tourism business ideas

19. Start a surprise travel agency

Are you looking for a scalable side hustle idea and one that allows you some flexibility?

A surprise travel agency is a good option that will enable you to choose a friendly niche market.

Besides, a surprise travel agency lets you gain exposure and experience while it is an opportunity with unlimited income potential.

If you love sharing travel recommendations and always find the best local spots when you visit a new city, this will be ideal for you.

How much you can make: $15,000 — $550,000/month

How much does it cost to start: $250 (?)

Time commitment per week: Min. 7 hours/week

hospitality and tourism business ideas

Whisked Away Surprise Travel is a curated travel service for clients overwhelmed by the planning process, with revenue growth exponentially increasing each year since its launch in March 2017.

hospitality and tourism business ideas

20. Start a vacation rentals business

Vacation rentals host travelers for a short period. Often located in top vacation destinations, vacation rentals feature spacious rooms and a cozy lifestyle and are cheaper than booking a hotel.

Building or buying a vacation rental is a smart way of creating a passive income without much involvement in the business.

To make money through the vacation rental business, ensure a strategic location, often nearby attractions. Choose an area that is easily accessible and desirable all year round and create a beautiful space for your guests.

Stand out by optimizing the vacation rental listing online and featuring all available amenities.

How much you can make: $12,500 — $295,000/month

How long does it take to build: 280 days (?)

hospitality and tourism business ideas

This case study explores how a couple turned their childhood homes into vacation rentals, welcoming around 3k guests annually and generating an average revenue of $50k per year and property by focusing on a strong online presence and organic traffic.

hospitality and tourism business ideas

21. Start a party planning business

Party planning involves budgeting, establishing party timelines, selecting and reserving ideal party sites, acquiring permits, theme décor, and coordinating party catering and transportation.

Are you organized, creative, and client-focused? You can put those skills into starting a successful party planning business. To become a party planner, you must desire to help other people enjoy themselves. Besides, you need diplomacy, salesmanship, and multitasking skills.

How much you can make: $25,000 — $400,000/month

Time commitment per week: Min. 6 hours/week

hospitality and tourism business ideas

Akshay Patel's event rental and decor business, Simply Decor, Tents, and Events, saw an average ticket price of $2,000, as their advertising budget decreased from $20k to $5k, leading to 40% of their clients coming through social media advertising, 30% from expos, and 30% online in google, yahoo, and other platforms.

hospitality and tourism business ideas

22. Start an Event and after party cleaning business

Event and after-party cleaning business depends upon corporate and individual customers celebrating various events and hosting parties. The party and event organizers do not worry about cleaning utensils or cleaning the event venues.

Starting the event and after-party cleaning business requires the proper planning, maid, and janitorial skills. To start, purchase the appropriate cleaning equipment and hire skilled venue cleaners.

How much you can make: $3,000/month

hospitality and tourism business ideas

Learn how Hangover Helpers, an after-party cleaning company, started as a side business and generated monthly revenue of $3k with some months up to $7k during the busy summer period, attracting 60% repeat business with a self-described clean, friendly, and fun brand.

hospitality and tourism business ideas

23. Start a catering business

A catering business is responsible for providing food & beverage-related services for vast types of events.

Catering businesses are known to be more flexible than other businesses because they don’t have to worry about location or pricing and can even work 24/7. They can cater anywhere and offer any price point that they want.

However, starting a catering business requires a lot of planning.

To start a successful catering business , you'll need to plan and prepare menus, manage budgets, handle clients, and more.

In addition, catering allows you to meet more people and show off your cooking skills.

How much you can make: $3,750 — $48,333/month

Elegante Catering founder, Nestor Nidome, details his journey from failed DJ business to a $20k/month catering company, emphasizing the importance of online marketing and customer feedback as key contributors to his success.

hospitality and tourism business ideas

24. Start a food tour company

The food tour business involves guiding travelers through a tour of food from various restaurants and cities. Food tours are a unique avenue for foodie travelers who want to explore the cities they are visiting. The good thing about starting a food tour business is you have different niches to choose from. Besides, you can concentrate on a particular location and define your work schedule.

Food tour businesses make money by introducing discerning customers to unique restaurants, vineyards, and breweries for a fee. Alternatively, the food tour company can earn commission from the restaurants they refer customers to, based on a pre-arrangement.

How much you can make: $10,000 — $75,000/month

hospitality and tourism business ideas

25. Start a flight tours business

Over the past few years, there has been a noticeable surge in the popularity of aerial sightseeing as people increasingly seek unique and thrilling experiences.

This trend has opened up an incredible opportunity for entrepreneurs looking to start a business in scenic air tours and tailor-made flight experiences.

This business model allows you to take advantage of the growing demand for awe-inspiring aerial views of picturesque locations across the country while giving you the flexibility to set your own schedule.

By providing your clients with an unforgettable experience, you will be creating memories that they will cherish for a lifetime.

So, if you are passionate about adventure, beauty, and flexibility and want to turn it into a profitable business, the aerial sightseeing industry could be the perfect venture for you.

How much you can make: $30,000 — $1,500,000/month

How long does it take to build: 210 days (?)

hospitality and tourism business ideas

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.

hospitality and tourism business ideas

26. Start a romantic date planning service

A romantic date night planning service delivers a custom romance package to customers planning their first date or who want to spend some quality time with a long-term partner.

While for some, a date night may sound as simple as going to a nice restaurant for dinner and then to a movie theater, for others, it is a serious commitment and needs proper planning. The latter choose to involve a professional, especially when traveling to new locations because they are looking for a fantastic life experience.

Therefore, starting a romantic date night planning service can be a fun way to earn doing what you love. To start, choose a niche and market your business. Focus on understanding clients' requirements and delivering an exact match so you earn positive reviews and recommendations.

How much you can make: $1,000 — $3,500/month

hospitality and tourism business ideas

Meet Ta'Veca Collins, founder of Romance On The Go, a concierge service that promotes romance and intimacy; since becoming a preferred vendor for The W Hotel Fort Lauderdale, their gross income has increased to around $3,200.00 monthly, and they are currently expanding their team to meet the demands of new partnered hotels.

hospitality and tourism business ideas

27. Start a cooking class

Online cooking classes can be a great side hustle for seasoned chefs or cooking enthusiasts looking for a way to earn some extra cash. You can create content and teach your audience how to prepare meals.

Consider creating members-only content to earn more from your cooking class side hustle. Alternatively, you can sell recipes for a small fee as well. To grow your reach, consider offering some free content on your social media pages as a way to build curiosity among potential audiences. You can charge your audiences a subscription fee so they can have exclusive access to your content.

To start cooking classes , choose a niche and follow your passion. Create a website and maintain an active social media presence. Apart from online cooking classes or live sessions you can also offer exclusive offline weekend classes to give your audience a hands-on personal experience.

How much you can make: $7,500 — $100,000/month

hospitality and tourism business ideas

Hipcooks is a 7-location cooking school business that has grown organically to reach $100k/month in revenue, and attracts and retains customers through their communal approach, vibrant online presence, and updated Google and Yelp business pages.

hospitality and tourism business ideas

28. Start a jet ski rental business

Are you looking for a business you can start within the coastal locations? A jet ski rental business can be excellent if you target areas that attract water sports tourists. According to industry experts, the global market size for the water sports gear market will reach $55.2 billion in the next decade.

Therefore, starting the ski jet rental business can be a profitable business. To venture into the ski rental business, you may start alone or consider starting as a franchise partner. For an absolute beginner in this industry, a franchise would be advisable.

29. Start a bike rental store

Bike rental is one of the most profitable business ideas most people overlook. Today, bike rental is in high demand, especially among people who love outdoor activities. Today, people prefer renting a bike as opposed to buying one. Moreover, bikes offer a hassle-free and quicker ride option for daily commuters. In that regard, starting your own bike rental business is exciting and can be profitable.

If you are starting a bike rental business, some avenues you could use to increase business profitability include:

  • Targeting tourists
  • Reaching out to biker clubs
  • Biking training schools
  • Cater to employees in organizations that encourage the use of bikes

Use bike rental software to manage bookings, and market your business on social media and biking clubs, to maximize bookings.

30. Start a hotels business

If you are considering starting a hotel, then it is time to implement your plan. There are five key elements to understand if you want to succeed in this industry: location, size, budget, experience, and market demand.

Here are some tips to consider before forming a hotel:

  • Name your business
  • Decide on a marketing strategy
  • Start by renting out a room in your home.
  • Hire a business capital broker
  • Make a marketing plan
  • Offer complementary services

How much you can make: $15,000/month

How long does it take to build: 325 days (?)

hospitality and tourism business ideas

SKNMUSE, a premium beauty brand dedicated to elevating the beauty experience for Black Women, has a 40% customer retention rate, achieved a 169% increase in revenue, and made $30,000 in Q1 alone.

hospitality and tourism business ideas

31. Start a glamping business

Glamping is the ultimate in eco-chic these days. A glamorous twist on camping, glamping feels more like a 5-star hotel and less like roughing it.

You could turn your backyard into a campground that earns money every day.

32. Start a pet sitting business

A pet sitter is a professional who provides daily care for pets while the pet owners are at work or on vacation. The pet sitter's duties include:

  • Cooking special meals for pets as instructed by pet owners.
  • Reporting any behavioral issues to pet owners.
  • Playing with the pets to encourage their mental and physical stimulation.

One of the advantages of working as a pet sitter is that it's not a stressful career. You also get to work with different animals while enjoying a work-life balance.

hospitality and tourism business ideas

A technician-turned-CEO built an in-home pet care enterprise that generates $8k per month by documenting business operations and empowering employees, inspired by the successes of McDonald's founder Ray Kroc and researcher Brené Brown's work on vulnerability and empathy in the workplace.

hospitality and tourism business ideas

33. Start a hotel booking platform

The explosively popular Airbnb and countless similar services have proven that the market for home and apartment rentals is growing rapidly.

As an entrepreneur who loves travel, you see an opportunity to extend this model to hotels.

That’s why you start a hotel booking platform where travelers can search for and book accommodations worldwide.

The market size of the online hotel booking platform industry worldwide amounted to nearly $518B in 2020 .

Starting a hotel booking platform can be so interesting as an idea that can proliferate. It doesn’t require any license, no inventory — only mobile phones, an internet connection, and some motivation to succeed.

How much you can make: $114,200,000/month

hospitality and tourism business ideas

Tripadvisor is a global travel advice network with over 1 billion reviews and recommendations from almost 8 million companies that generated 902 million U.S. dollars in global revenue in 2021, representing a 49% increase from the previous year.

hospitality and tourism business ideas

34. Start a pet hotel business

Starting your own pet hotel business is not as difficult as you might think. With the right knowledge and hard work, you can achieve a lot in the pet industry.

A pet hotel is a place where people bring their cats and dogs for short-term boarding. It's a business that provides pet-sitting services in which customers can board their pets while they're out of town, or while they're at work.

Over 60M households own dogs or cats in the United States. What happens when they leave town or go on vacation? Pet boarding is a lucrative industry that can be served locally in any state or city across the world.

35. Start a helicopter charter business

Do you have a pilot rating? If you love flying tourists around the country, you can turn your passion into a profitable venture by starting a private charter helicopter service.

Starting a private charter helicopter service is not as easy as it may sound. The business demands a massive investment as you have to purchase the helicopter. However, a private charter helicopter service can be profitable.

To start, learn how to fly, or you can plan to pay a qualified pilot by the flying hours. Then, you can buy or lease a helicopter and get a flying clearance and insurance.

36. Start an eco hotels business

An eco-friendly hotel employs sustainable practices to reduce its impact on the environment. Some measures include energy and water consumption, zero waste generation, and eco-friendly products in its maintenance, services, and supply chain.

According to statistics, a third of consumers prefer sustainable brands. In addition, tours and travel brands like Tripadvisor have developed a Green Leaders program.

Starting an eco-friendly hotel brand is profitable and a way of supporting environmental conservation efforts. If you are starting an eco-friendly hotel, sensitize your staff on the importance of ecological conservation. Some eco-friendly ideas to consider for your hotel include:

  • Cutting down on the use of plastic water bottles by adding a water filling station in the lobby
  • Offering guests a reusable branded water bottle
  • Installing towel racks in bathrooms to make it easier for guests to reuse the towels
  • Making recycling options easy to spot

Starting an eco-friendly hotel may sound. However, with more people becoming sensitive to environmental preservation, an eco-friendly hotel could be more profitable than you expect.

37. Start a fishing charter business

Fishing charter businesses offer access to offshore fishing locations to tourists and locals. If you love water activities and enjoy fishing, starting your own fishing charter business can be fun and rewarding.

Launching your fishing charter is not as difficult as you may imagine, so long as you meet all the required regulations. First, you may need a coast guard license and a fishing permit if your fishing charter operates mainly along the coastal region.

Once you have met the regulatory requirements, invest in the appropriate gear for fishing charters and market your business. Purchase a large boat, enough to carry small groups of people on fishing trips.

38. Become a bed and breakfast owner

Bed and breakfast is a sort of hybrid between a luxury hotel and a private home. The host offers the guests affordable accommodation featuring a bed and breakfast at the room's price. B&Bs offer affordable accommodations and are becoming popular among travelers who prefer a private setting.

If you have realistic expectations, B&B can be a profitable and enjoyable business. To start, you can renovate and turn your home into an inn. Alternatively, you can build or buy a ready house and convert it into a modern B&B.

39. Start a wine tour business

Wine tourists visit wineries and vineyards where they experience gorgeous views and learn more about wine production. There are plenty of places that wine tourists can visit. To start a wine tour business, create a profile of your area’s top wineries and vineyards. Include different activities related to the wine tour business.

Then, market the trips to those attractive locations, showing the features the tourists can expect to see there. Wine tour businesses offer their customers a mix of luxury private tours to big group tours.

How much you can make: $85,000/month

hospitality and tourism business ideas

Roscoli Wine Club founders, Alessandro Pepe and Lindsay Gabbard, share how they built a wine club that is about to cross the 1,000 member mark with annual revenue of 1 million euros after just about 3 years, offering Italian wines from small producers, farmed organically, minimal sulfites added, and providing every member with a 10-minute video of the winemaker's story.

hospitality and tourism business ideas

40. Start a resort hotels business

A resort provides accommodations and attractions conveniently located on the same premises. An ideal resort business on an island has an excellent prospect since many people love traveling. However, starting a resort can be overwhelming.

To start, ensure you have a solid business plan and scout the area you intend to purchase the property, ensuring it shall be well-positioned. Promote and market your resort to attract tourists.

hospitality and tourism business ideas

41. Start a surf school

A surf school is where surfing professionals share their surfing knowledge and educate students on beach safety and general aquatic awareness. Certified surf teachers teach surf lessons in a controlled and safe environment.

If you are a professional surfer, you can start a surfing school and turn your passion into a profitable venture. Surf schools charge students per lesson or hour.

42. Start an airport bus shuttle services

An airport bus shuttle service transports people and luggage to and from or within airports. An airport shuttle service can be profitable to operate.

If you plan to start an airport bus shuttle, focus on building alliances and partnerships with companies and local businesses that will supply you with customers.

43. Start a hotel art supply business

44. start a canoe and kayak tours business, 45. start a pod hotels business, 46. start a student hostel business, 47. start a party bus business, 48. start an extended stay hotels business, 49. start a luxury hotels business.

How long does it take to build: 500 days (?)

50. Start a boatel business

51. start a patient medical centre business, 52. start a double decker bus.

Starting a double decker bus business can be a unique and exciting opportunity for entrepreneurs looking to enter the transportation industry. These buses, which are typically used for sightseeing tours or as party buses, can be a popular choice for special events and group outings.

To start a double decker bus business, you will need to purchase one or more buses and ensure that they are properly licensed and insured. You may also need to hire drivers and possibly tour guides, depending on the type of services you offer. Marketing your business through social media, local advertising, and partnerships with local attractions and event planners can help you attract customers.

One of the key considerations for running a successful double decker bus business is safety. Ensuring that your buses are well-maintained and that your drivers are properly trained and licensed is crucial. You will also need to adhere to local regulations and laws related to transportation, such as seatbelt requirements and maximum capacity limits.

Overall, starting a double decker bus business can be a rewarding and lucrative opportunity for those who are passionate about transportation and customer service. With proper planning and attention to safety and regulations, you can build a successful business that provides a unique and enjoyable experience for your customers.

53. Start a pension lodging business

54. start a spa resort business, 55. start a suite hotels business, 56. start an e-scooter business, 57. start a conference and convention center hotels business, 58. start a timeshare rentals business, 59. start a serviced apartments business, 60. start a water park business.

A water park business is a fun and exciting opportunity for entrepreneurs looking to enter the amusement and leisure industry. This type of business involves the design, construction, and operation of a large outdoor water park that features a variety of water rides, slides, pools, and other aquatic attractions.

Running a successful water park business requires a significant investment in land, infrastructure, and equipment and a strong marketing strategy to attract customers. It is essential to conduct market research to determine the demand for a water park in a particular location and the type of attractions that will appeal to the local market.

Regarding operational considerations, it is crucial to prioritize safety and cleanliness, as these are vital factors that can impact customer satisfaction and loyalty. Regular maintenance and upkeep of the water park’s attractions and facilities is also necessary to ensure they are in good working order and meet all regulatory standards.

To attract and retain customers, it is important to offer various ticketing options and promotions, such as season passes, group discounts, and special events. Additionally, offering food and beverage options and renting out space for private events can provide additional revenue streams for the business.

Overall, a water park business can be a rewarding and lucrative opportunity for entrepreneurs who are passionate about the amusement and leisure industry and are willing to put in the time and effort to create a successful and enjoyable experience for their customers.

61. Start a garden hotels business

62. start a self-service hotels business.

A self-service hotel allows guests to independently check-in, check-out, and access their rooms without staff assistance.

This type of lodging is becoming increasingly popular among travelers due to its cost-effectiveness and convenience.

From a business perspective, self-service hotels are profitable as they reduce staffing costs and allow for a more streamlined operation, resulting in higher profits.

However, it is essential to ensure that the facility is equipped with automated systems and robust security measures to provide guests with a safe and comfortable experience.

63. Start a budget-friendly hotels business

64. start a skydiving business, 65. start an airport hotels business, 66. start an ice hotel business, 67. start a corporate retreat and workshops business, 68. start an eco tours service business, 69. start a shipping container hotel, 70. start a hotelship business, 71. start an amusement park, 72. start a souvenir shop.

A souvenir shop is a retail store that sells items that are typically associated with a particular place or event. These items can range from t-shirts and hats to postcards and magnets.

To start a souvenir shop, you must find a suitable location, such as a busy tourist destination or a famous shopping center. You will also need to purchase inventory, such as souvenirs and other novelty items, and attractively display them. You may also need to invest in marketing materials, such as signage and social media advertising, to attract customers.

To operate a souvenir shop, you must keep track of your inventory and restock as needed. You should also keep track of your sales and expenses to ensure your business is profitable. Customer service is also essential in this type of business, as you will interact with people from different parts of the world.

Overall, a souvenir shop can be a fun and rewarding business idea for those who enjoy interacting with people and showcasing unique products. If you are interested in starting your souvenir shop, do thorough research and seek advice from experienced business owners. Good luck!

73. Start a guest house business

74. start a motel business, 75. start a chain hotels business, 76. start an a ryokan business, 77. start a cruise ship travel agent business.

Cruise ship travel agents are professionals who work on board cruise ships. They are responsible for helping passengers plan their trips, make reservations for shore excursions, and assist them with any other travel-related needs.

Cruise ship agents may specialize in a specific area of expertise, such as booking tours or finding excursions that match the interests of the passengers. For example, if the passenger is interested in wildlife viewing or diving, then the agent might have extensive knowledge of which tours would be best for them to take.

The first step to starting a cruise ship travel agent is to find a cruise line you are interested in. The next step is to find out if the company has any openings for an agent. If they do, you will need to apply for the position. If not, you may need to wait until one becomes available.

How much does it cost to start: $1,500 (?)

78. Start a kennels business

79. start a house sitting business.

House sitters take care of customers' homes while they are away for extended periods. You may be able to offer house sitting to people with multiple properties for short-term or long-term, depending on how much time you have.

Starting a house-sitting business does not require a huge amount of capital. You can create a website or a social media page and advertise your services. Your typical duties as a house-sitting agent will include the following:

  • Feeding pets, cleaning cages and grooming them
  • General housework and cleaning
  • Maintaining gardens and hedges
  • Taking in the post, newspapers, and junk mail
  • Watering houseplants

You can attract new customers by printing a few business flyers and targeting wealthy housing estates or apartments in the city.

80. Start a boutique hotel business

81. start a pop-up hotel business, 82. start a spa hotel business.

hospitality and tourism business ideas

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40 Travel and Hospitality Business Ideas

From providing lodging to leading guided tours, the opportunities for success in the travel and hospitality industry are numerous. Your potential tourism business can take many different forms as the commodities of traveling are multifaceted and broad.

Whatever your motivation for wanting to begin your entrepreneurial journey T ravel business ideas and Hospitality business ideas are a great place to start!

A guest checking in with a hotel employee.

Best Travel and Hospitality Business Ideas for 2020

1. airbnb business.

Air B N B Business image

An Airbnb business supplies guests with a place to stay within a person’s home. Many travelers are looking for lodging which is a little more personal and unique. Airbnb rentals offer a home feel, versus that of a hotel or motel. Guests may stay as short as one or two days or extended stays up to two weeks.

An Airbnb is a great way to add some extra income, especially if you have unused rooms or lots of space in your house. You will have guests staying in your home, so you should be comfortable talking and interacting with guests. Some homeowners, who travel often, will also rent out their homes when they are out of town. This allows them to receive income and have someone watching their home when they’re not around.

Learn how to start an Airbnb business .

2. AIRPORT SHUTTLE BUSINESS

Airport Shuttle Business image

Airport shuttles transport people between the airport and either their homes, hotels, or where they parked their cars. Airport shuttles are used by business travelers, groups, families, and solo riders. The driver picks travelers up at a predetermined location and drops them off wherever necessary; typically with no more than two stops on each route. Vehicles are generally spacious, with ample room for riders to store their luggage.

Individuals possessing the drive to start their own travel business and the inclination to interact with people would be best suited for this business endeavor. Since much time is spent on the road, the entrepreneur that enjoys driving would be the ideal candidate.

Learn how to start an airport shuttle business .

3. AMUSEMENT PARK

Amusement Park image

Amusement, or theme, parks feature rides, games, and entertainment options in an outdoor or indoor venue. Customers typically pay a single entry fee for access to the entire park. The successful amusement park model focuses on the customer's entire experience, offering a wide range of services and entertainment options including parking, trams, restaurant options, water parks, roller coasters, live animal attractions, stage shows, arcade games, attractive interactive landscaping, and family-friendly fun. The larger the property you own, the more entertainment choices you are able to offer your customers.

You must be a highly motivated individual ready to sink a large initial investment into the concept, design, and implementation of your amusement park. You may need extensive knowledge in the operation of rides, restaurant and guest services, landscaping design, business practices, and have significant leadership skills.

Learn how to start an amusement park .

4. BED AND BREAKFAST

Bed and Breakfast Image

A bed and breakfast business offers travelers an alternative to hotels and motels, by combining sleeping quarters with a full breakfast. Most bed and breakfasts also promise more unique, intimate settings than other lodging options.

Anyone who enjoys hosting others may be well-suited for owning a bed and breakfast business because guests come to B&Bs for a level of hospitality that hotels and motels don’t provide. Business owners should like talking with people, cooking meals, and making guests feel comfortable.

Learn how to start a bed and breakfast .

5. BIKE RENTAL BUSINESS

Bike Rental Business image

Bike rental businesses give customers—who are often, but not necessarily, tourists—bicycles for a short period. Bikes are generally rented for a few hours to recreationally explore the locality. But the customer base might also consist of college students on campus or others who rent for practical reasons. Your business might be a freestanding shop, part of a bike sales and service operation or associated with a hotel or other hospitality business.

Bike rental business owners should be mechanically adept since customers can be hard on bikes. Also, since bikes are often rented to explore the immediate area, you should be highly familiar with your home base and able to suggest tourist attractions. You should have an engaging personality and be motivated to deliver exceptional customer service.

Learn how to start a bike rental business .

6. BIKE TOUR COMPANY

Bike Tour Company image

Do you love exploring your home town or popular tourist destinations on your bike? Does it really make your day when you bring a friend along to see the sights? Operating a bike tour company may be right up your alley. Whether you are simply renting bicycles and maps for patrons to use on their own or providing week-long personalized guided tours that include meals and lodging, this can be a rewarding travel business.

If you are going to run a one-man show, you will need to be physically fit, have fantastic people skills, and enjoy managing the many facets of your business. If you are operating a large tourist attraction, the right owner will have a good background in business management with a focus on the service industry.

Learn how to start a bike tour company .

7. BOUTIQUE TOUR BUSINESS

Boutique Tour Business image

This travel business idea differs from a traditional tour guide service in that the focus is not on the popular tourist destinations. Instead, it focuses more on unique and special experiences. Both local residents and tourists enjoy these types of tours/parties.

People like to do things that feel more authentic and consistent with what locals do versus just taking a sightseeing tour to see the major attractions. These can be very active experiences such as hiking, climbing, bungee-jumping, flying down a wire cable over the tree canopy, whitewater rafting and so much more. Many prefer such active experiences when compared to the traditional bus tours where tour guides describe things as the bus passes them by.

Learn how to start a boutique tour business .

Ready to form your LLC? Check out the  Top LLC Formation Services And, use our free tools to help start your business: Use our  Business Name Generator  for help brainstorming your new venture’s name Learn  how to form an LLC , one of the  best business structures  for travel businesses Use our free  business plan generator  to start planning your business today Get your unique logo with our free  Logo Maker  and start branding your business After finding your perfect idea learn how to  start a business

8. BUS TOUR BUSINESS

Bus Tour Business image

A bus tour business provides tours for tourists as well as locals. Tours of scenic and historical areas and other sites of interest are a valuable community service. Bus tours connect people with others for a shared experience. They also educate people about historical landmarks, local history, geography and other important aspects of your city and the surrounding area.

If you are looking to give people the opportunity to learn more about a locale while enjoying the company of others, a bus tour business is right for you. This is your chance to bring people closer together. Bus tours also enhance understanding and respect for cities, towns, landmarks and special sites. Bus tour customers gain a new appreciation for the area in which the tour is conducted.

Learn how to start a bus tour business .

9. CAMPGROUND

Campground image

If you love the outdoors and some hard work, you could start a campground business. Whether you have land or are purchasing land, you could start enjoying the great outdoors and working for yourself as soon as you get everything set up. You'll provide a place for people who are passing through on their way to another destination and for those who want to enjoy some time connecting with nature. Campers use all sorts of shelters from tents to fully contained RVs.

Before you start a campground business, you'll need the knowledge and willingness it takes to do many things, including accounting, repairs, road maintenance, plumbing, electrical maintenance, and management. You may be able to farm some of these things out, but it is much more cost-effective to do these things yourself.

Learn how to start a campground .

10. CANOE & KAYAK RENTAL BUSINESS

Canoe and Kayak Rental Business image

Many people enjoy being on the water, but they either do not own a boat or want to go boating where they can't bring theirs. A canoe and kayak rental business lets people rent canoes and kayaks to take out on nearby waterways. Customers can take canoes out for as little as an hour or as long as a day or more.

Anyone who enjoys canoeing and kayaking may be well-suited to open a canoe and kayak rental business. Business owners also must be strong enough to move canoes and kayaks onshore.

Learn how to start a canoe & kayak rental business .

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Powered by godaddy.com, 11. car rental business.

Car Rental Business image

Another one of many travel business ideas is a car rental company. A car rental business rents vehicles at affordable daily and weekly prices. All sorts of different parties are interested in car rentals. Common customers include business and leisure travelers, those whose vehicles are out of commission and businesses.

This business is ideal for someone who has a sincere interest in automobiles, automobile maintenance, and the driving experience.

Learn how to start a car rental business .

12. CORPORATE RETREAT CENTER

Corporate Retreat Center image

Many companies take employees on retreats for training, development, and team-building experiences. Corporate retreat center businesses offer a place for holding these company-sponsored retreats and frequently help companies plan their retreats.

Anyone who is organized and has strong interpersonal skills may enjoy running a corporate retreat center business. Hosting retreats requires balancing many different tasks, and there’s a constant conversation between the retreat center and the company sponsoring the retreat.

Learn how to start a corporate retreat center .

13. CRUISE LINE

Cruise Line image

A cruise line has one or several large boats designed to accommodate numerous fun-seeking individuals. This business is centered on providing guests with a good time. Cruise liners are a place for relaxation, socialization, and romance. Cruises are in-demand as they provide people with a fun and relaxing means of vacationing. Cruise lines offer all sorts of social activities on and off the ship. This business is a fantastic way to bring people closer to one another, bolster social ties, and provide people with a sense of belonging.

This is the ideal business or someone who is looking for a way to bring people together for a fun, rewarding and memorable experience. If you are a hospitable individual and enjoy providing people with a good time, you should consider starting a cruise line business. Furthermore, if you enjoy life on the water, good food and entertainment, a cruise ship business is worth considering.

Learn how to start a cruise line .

14. DAY SPA

Day Spa image

Day spas provide a relaxing atmosphere and a variety of treatments designed to refresh and rejuvenate. Some of the most common services offered by smaller day spas are facials, massages, manicures and pedicures, waxing, electrolysis, and aromatherapy. Larger day spas with more complex facilities are able to offer additional options such as body wraps, mud baths, or hydrotherapy treatments.

This hospitality business is ideal for those who enjoy relating with people on a personal level to provide services that reduce stress, enhance beauty, and improve health.

Learn how to start a day spa .

15. ECOTOUR BUSINESS

Ecotour Business image

Ecotourism is small scale, low impact tourism that offers travelers an opportunity to learn about the local flora, fauna, and culture. Unlike your standard tour guide service, the focus of ecotourism is to educate guests on how they can positively impact the environment and community they’re visiting. Tourists are able to immerse themselves in the culture and habitat, gaining an understanding of the positive impact each can have on the other. Ecological sustainability and responsibility are the heart of this educating and rewarding experience.

As many consumers ponder the environmental impact humans have had on our environment, there are many who have taken it upon themselves to get out and do something about it. They’ve made it their life’s mission to make positive strides, educating others along the way. Entrepreneurs who have made this their lives’ work and who truly enjoy igniting this passion in others would be best suited for this travel business venture.

Learn how to start an ecotour business .

16. FISHING CHARTER BUSINESS

Fishing Charter Business image

Many people enjoy fishing, but few people have boats, tackle, and knowledge to go fishing far from shore. Fishing charter businesses take people on fishing trips that they otherwise wouldn’t be able to experience. These trips may range from going into swamps to venturing far offshore. Customers are usually allowed to keep any fish that they catch (assuming the fish are legal to keep).

Anyone who is passionate about fishing and enjoys sharing that passion with other people may be well-suited for running a fishing charter business. Customers expect fishing charter captains to be knowledgeable about and have a love for fishing, and sharing that knowledge and love helps ensure customers have a great time.

Learn how to start a fishing charter business .

17. GLAMPING BUSINESS

Glamping Business image

A glamping business is next on our comprehensive list of travel startup ideas. Glamping, or "glamorous camping," has taken England by storm and is quickly becoming popular within the United States. Although there aren’t any official statistics for glamping in the U.S., industry insiders have seen a big increase in demand recently. For entrepreneurs, this demand represents an exciting opportunity.

People who enjoy connecting with others and being outdoors may enjoy running a glamping business. Interpersonal skills are necessary because much of the business involves making guests feel welcome. A passion for the outdoors is helpful, for glamping is largely about connecting with nature.

Learn how to start a glamping business .

18. GOLF COURSE

Golf Course image

Golf courses provide these people with a place to play the sport. Most courses are 9 or 18 holes, and they may have other amenities, such as clubhouses and pro shops. Anyone who is well-versed in a variety of aspects of business and enjoys golfing themselves may be qualified to run a golf course.

It’s important to have a broad business background because golf courses are multi-faceted businesses. Running one might include course maintenance, employee management, restaurant service, event hosting, and investment opportunities.

Learn how to start a golf course .

19. HAUNTED ATTRACTION

Haunted House Business image

A haunted thrill park is any space designed to entice customers by offering a scary or thrilling experience. Americans spend about $7 billion on Halloween, and $300 million on haunted houses. Haunted thrill parks may be located in makeshift, temporary houses, corn mazes, or even old prisons or asylums. Typically, workers will dress up in costumes and pop out at customers to give them a fright. Props such as fake chainsaws or straight jackets are often used alongside fog machines and soundtracks of creepy noises.

There is an art to scaring people while keeping them safe, so an entrepreneur will have to coordinate the right scenes while ensuring workers understand how to handle the guests. Those who already have a love of haunted houses likely understand what's currently out there, and what people would like to see in the future.

Learn how to start a haunted attraction .

20. HELICOPTER TOUR BUSINESS

Helicopter Tour Business image

A helicopter tour business takes customers on short flights so they can view their city from a bird's-eye view. This is typically marketed as a more expensive service for a more adventurous clientele, and it adds a touch of excitement to any community.

This business is ideal for those already licensed to fly a helicopter, as there is a significant investment of time and money required to acquire a license. As such, it typically makes a good business for retired military personnel. Aside from a knowledge of helicopters, one of the best qualities for this business is to be a “people person,” as you must be able to charm customers before, during, and after the flight.

Learn how to start a helicopter tour business .

Start a Travel and Hospitality Business In Your State

21. hotel business.

Hotel Business image

A hotel can be any commercial building that charges money to travelers who need a room to stay. This can be anything from a standard multi-unit building to luxury stand-alone villas. As airline prices drop and the economy improves, corporate and personal travel continues to increase. The hotel industry generated just under $200 billion in revenue in 2016.

This startup idea is good for someone who enjoys the hospitality business. Those who run hotels have to be adept at catering to a number of different needs, so an owner will need to be flexible when it comes to how they respond to different travelers and consistent when it comes to delivering unparalleled customer service. From business travelers to young families, each guest will have their own priorities when it comes to where they stay.

Learn how to start a hotel business .

22. HOUSE-SITTING BUSINESS

House-Sitting Business image

House sitting is a service offered to customers who are out of town or otherwise away from the home. House sitters may look after pets, plants, or just the home itself. House sitters help the community in a number of ways. They can ward off criminals by simply being in the house, and they keep cats and dogs from having to be put into kennels.

This business is good for those who want to maintain people’s homes while they’re away. Ideally, house sitters should be animal lovers who know how to take care of a variety of different types of dogs and cats.

Learn how to start a house-sitting business .

23. KENNEL BUSINESS

Kennel Business image

Many dog owners, for a variety of reasons, don’t bring their dogs with them on trips. A kennel business gives dog owners a safe place to leave their dogs while they’re away. At a kennel, dogs have a safe place to rest, are fed and get exercise.

Anyone who loves dogs may be well-suited for owning a kennel business, as most of the work involves taking care of dogs. Owners often have to play with dogs, and they sometimes need to physically move stubborn pooches. Therefore, owners should be in decent physical condition.

Learn how to start a kennel business .

Marina Business image

Boat owners need a place to keep their boats, both during the boating season and the off-season. While some boats can be kept on a trailer and launched, other vessels cannot -- and even boaters who have trailerable vessels often don’t want to have to launch and take out their boat every time they go out on the water.

A marina business offers boaters a place to keep their boats, docking or mooring them in the water during the boating season, and storing them on land for the rest of the year.

Learn how to start a marina .

25. PARTY BUS BUSINESS

Party Bus Business image

One more of several popular travel business ideas is a party bus business. A party bus business will transport people for major events, so they don’t have to worry about the logistics of getting from place to place. While people on the bus are generally invited to consume alcohol (if they're of age), party buses don’t necessarily have to offer adult beverages as a part of their business model.

This business is excellent for someone who understands both the large and small aspects of major events. Clients want to be able to relax and feel as though they're taken care of, so they need someone who is confident in making decisions quickly and being able to think on the fly in the face of potential hiccups or even outright emergencies.

Learn how to start a party bus business .

26. PET-SITTING BUSINESS

Pet-Sitting Business image

Pet sitting businesses offer pet owners a variety of animal care services, including exercising their pets while they are at work. They also provide an affordable alternative to boarding pets at a kennel during vacations or business trips. Being able to remain in their own home environment can reduce separation anxiety for both pets and their owners.

This is a great business idea for animal lovers who enjoy walking and staying active. It’s ideal for people who prefer lower stress levels, since spending time with pets has been shown to reduce stress. Those who are compassionate and responsible, yet prefer to work alone and be their own bosses as well as make their own schedules thrive in this type of business.

Learn how to start a pet-sitting business .

27. SCOOTER RENTAL BUSINESS

Scooter Rental Business image

A scooter rental business offers customers a fun and affordable option for short-term transportation. For most, scooters can be rented with hourly, half-day, and whole day rates.

If you have experience in retail sales or product rentals, knowledge of small engines, a strong work ethic, and a business mind, a scooter rental business could be your ticket to financial independence. Especially if you have a background in scooters and motorcycles—either as a rider, enthusiast, or from working in a motorbike retail business—your expertise could set you apart from the competition.

Learn how to start a scooter rental business .

28. SCUBA DIVING BUSINESS

Scuba Diving Business image

Scuba diving affords an unparalleled experience with the underwater world. However, safe diving requires training, equipment, and often a guide. Scuba diving businesses provide divers with the training, equipment, and local knowledge they need to have a fun and safe time underwater.

While scuba diving businesses can generate sizable profits, most business owners don’t get into this type of work solely for the financial return on investment. Instead, they’re passionate scuba divers themselves and are drawn to the scuba lifestyle. They like the idea of making money doing a sport they love.

Learn how to start a scuba diving business .

29. SKI RESORT

Ski Resort image

Ski resorts are one of the main places people go for wintertime fun. Resorts offer skiing, snowboarding, equipment rentals and lessons. Many resorts also have concessions, a restaurant, a bar, and other amenities.

Someone with a diverse skillset and background in business may be well-suited for running a ski resort business. The multi-faceted nature of ski resorts requires knowledge of multiple aspects of running a business. For instance, running a ski resort business might include equipment maintenance, snowmaking decisions, concession management, and program creation.

Learn how to start a ski resort .

30. SKYDIVING BUSINESS

Skydiving Business image

Customers of skydiving businesses receive access to the complete experience, either in tandem with an experienced jumper or solo. The entertainment package includes the airplane ride, all equipment, landing site—also known as the dropzone or DZ—and the leadership/coaching of a jumpmaster. Other products or services might also be offered through the business, from parachute training before the jump to photography or video production of the jump.

Most people who would consider starting such a business are experienced jumpers, but that’s not mandatory. You should, at a minimum, feel comfortable convincing partners or investors and officials of the wisdom of your plans and your skydiving business’ value to the community.

Learn how to start a skydiving business .

31. SNORKELING BUSINESS

Snorkeling Business image

A snorkeling business will typically sell or rent out various safety gear and snorkeling equipment to water-lovers of all ages. These travel businesses can also offer tours to their customers in addition to or instead of a physical store location.

Owners should ideally have an inherent love of the water, so they can introduce their passion for exploration to new generations of snorkelers. They should also enjoy working with people who may not know very much about how to use the equipment.

Learn how to start a snorkeling business .

32. SOUVENIR SHOP

Souvenir Shop image

As the owner of a souvenir shop, you’ll stock your retail store, cart or kiosk with an inventory of interest to tourists. Your offerings will reflect the demographics and socioeconomic strata of the market. For instance, if you’re at a vacation destination that draws young families, you might stock novelty trinkets, toys, t-shirts, candy, and gum. However, if you’ll attract more sophisticated travelers, you might sell pricier jewelry with a local slant -- ie, designed with stones or gems found in the region.

You can succeed if you know your market. You must be able to match the inventory with the needs of vacationers and at an affordable price point.

Learn how to start a souvenir shop .

33. SUMMER CAMP

Summer Camp Business

Successful summer camp business owners respond to the needs of their customers and communities by developing curriculum and activities that focus on their specific interests, goals, and objectives. Traditional summer camps offer outdoor activities such as hiking, building campfires, and canoeing. Sleep-away camps offer food and lodging as well as trained supervision during physical and educational activities. Day camps do not include lodging and offer more specialized learning activities such as computer science, performing arts and music. Today, there are summer camp programs available for nearly every imaginable purpose, interest and need.

This business is a good choice for people who love teaching but prefer a beautiful natural setting to a formal classroom. High-energy individuals thrive on the combination of physical and mental activity this type of business provides. Creative people welcome the challenge of providing fun, interesting, and engaging songs, games, and educational activities for campers. Those who enjoy working with and enriching the lives of children and families experience a high level of job satisfaction within this industry.

Learn how to start a summer camp .

34. SURFING SCHOOL

Surfing School image

Running a surf school and teaching surfing classes is a lifestyle with a dedication to the ocean water. It has the requirement to live on the coast of a country. The best places in America are the west coast of California and the islands of Hawaii. You may also find some decent surfing in other parts of the world such as Australia, Costa Rica, Mexico, and even in exotic places like Fiji and the beach areas of Sanya, China. No matter where you decide is best, you need to love the ocean water, work in a nice surfing spot, and want to teach people how to surf.

Surfers are people who enjoy the surfing lifestyle. Every day is a day at the beach when the waves are good. Surfers who want to teach others are even more special because they need to have patience when being an instructor for first-time learners. The best surfers enjoy daily surfing and catching good waves for them is a spiritual experience.

Learn how to start a surfing school .

35. TOUR COMPANY

Tour Company image

Tour guide services are most often offered in cities large, world-famous cities and cities that have rich historical backgrounds. Guests can be taken on a tour by foot or by vehicle, depending upon the distance that will be covered during the tour.

The self-motivator with a thirst for knowledge who enjoys sharing what they’ve learned with others would do best owning a tour guide business.

Learn how to start a tour company .

Learn more about starting a business by visting the  U.S. Small Business Administration .

36. TRAVEL AGENCY

Travel Agency image

Most travel agencies earn revenue through commissions. Consumers often choose agencies because they help cut down on time needed to research various locations and book accommodations. A popular trend in the industry is online agencies, which operate mostly or exclusively online.

This business idea is perfect for individuals who are passionate about travel, love learning about and visiting new places, and are very detail-oriented. Travel agency owners have very flexible hours but usually only after they have an established book of clients.

Learn how to start a travel agency .

37. TRAVEL PHOTOGRAPHY BUSINESS

Travel Photography Business image

A travel photographer uses their camera to provide high-quality images to a variety of clients that may include websites, travel blogs, print magazines, television ads, and framed prints for sale. You will need to travel extensively to a variety of locations to deliver the landscapes, hotel rooms, and recreational shots that your clients are looking for. You'll work hard to develop a variety of clients who work with you to determine where your next shoot should be while your self-promotion and marketing will reach out to new clients.

A successful travel photographer will have extensive knowledge of how to use their camera to get the highest definition images containing dramatic landscapes. They will need to enjoy living on the road, hiking, and exploring distant locales to get the perfect shot. They should be sociable and able to toot their own horn in order to develop new clients and customers.

Learn how to start a travel photography business .

38. WALKING TOUR BUSINESS

Walking Tour Business image

Next on our list of travel business ideas is a walking tour business. Tourists are constantly in search of hidden gems and insider knowledge about their destination, which is what walking tour businesses provide. These travel businesses take tourists on guided explorations of an area, during which time tourists see both famous locations and lesser-known attractions while getting lots of local knowledge.

Most walking tours explore the area through a particular interest, and there are tours for all kinds of interests. For example, in New York City there are walking tour businesses that offer guided explorations of the city’s haunted locations, architecture and street art.

Learn how to start a walking tour business .

39. WATERPARK

Waterpark image

Amusement parks are a popular vacation destination for families all over the world. Few things are more exhilarating than experiencing the rides, laughing and screaming as you make your way to the bottom. Couple that with water, and you have a family-friendly adventure for individuals of all ages.

Entrepreneurs with previous small business ownership or management would be best suited for this business venture. Innovators who enjoy a fast-paced atmosphere and are dedicated to reinvesting a portion of their profits can turn a small waterpark into a million-dollar enterprise in a matter of years.

Learn how to start a waterpark .

40. WINE TOUR BUSINESS

Wine Tour Business image

Wine tours educate people about grapes, fermentation, and flavor profiles. From varietals to harvesting techniques to the best way to taste the wine, tours are meant to be as informative as they are fun. These tours can help people appreciate all that goes into a single sip, and promote local businesses by exposing their product to more people.

This travel business is good for someone who already has a healthy interest in how vineyards work, and who enjoys teaching people in an entertaining way. Ideally, it should be far less about enjoying a good bottle of wine, and far more about being a good (and organized) educator.

Learn how to start a wine tour business .

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Home Business Ideas

There are a variety of businesses you can run out of your home, and because of the minimal overhead expenses, most of them can be started fairly cheaply. In this article, we outline our top 40 home business ideas for the modern entrepreneur.

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Online Business Ideas

Whether you’re looking to build an online empire or earn a little money on the side, one of the best things about owning an online business is having the ability to work as much or as little as you want -- from whatever location you prefer.

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Low-Cost Business Ideas

In this article, we outline our top 40 business ideas with low startup costs to help you find a low-cost business idea that aligns with your interests and goals.

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Side-Hustle Business Ideas

If you’re looking to scratch the entrepreneurial itch without giving up your day job, you’re probably on the hunt for a side-hustle that aligns with your personal interests and your schedule. These 40 side-hustles satisfy a range of interests and can easily turn into full-time careers.

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Set-jetting, Forest Bathing, and Hush Trips: 20 Innovative Tourism Business Ideas and Trends for 2023

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In This Article: Trends to Inspire Your Tours and Activities

Top tourism trends of 2023.

It’s that time of year again to ask ourselves, “What’s new, cool, and innovative in tourism?”. We’ve compiled a list of new, innovative tourism business ideas for 2023 so you can find your niche. 

The travel and tourism industry is in a state of constant flux, never more so than in the last few years. Every change and new trend brings with it an opportunity for tour operators to deliver what their customers old and new want—as well as add new tours and experiences they don’t yet even know they want. 

  As countries began to ease restrictions, 2022 saw the travel industry rebound from 2021 and 2020. Despite new global challenges appearing during 2022 and continuing into 2023, including the Russian-Ukraine war and the global economic fallout, the most important trend of all is that people still want to travel and are even budgeting for more travel.

As one travel professional interviewed for TravelAge West ’s article on travel trends put it: “It’s almost like travel went from a discretionary spend to an essential spend for a lot of people.”

Despite all that is still happening in the world, around the industry there is a continued air of optimism in 2023. Travel Pulse noted that “ while 2022 was the year of recovery [recovered almost 60 percent of its pre-pandemic levels], 2023 is poised to be the year of reinvention.” Booking.com research prompted them to label 2023 as a year of “creative imagination of travel.” Skyscanner’s Travel Trends report concluded that “Post-COVID restrictions, travellers continue to prioritize adventures abroad and embrace travel freedoms with relish.”

Here are some of the latest major trends and innovative tourism business ideas to keep an eye on and potentially incorporate into the tours and travel experiences you offer. We’ll also highlight a few of the more unusual and niche trends that could take off during 2023 or in the longer term, or just inspire some “out of the box” thinking when looking at your own products and services.

1. Transformational trips

Group of people on a lake practicing yoga during sunset

A buzz phrase you’ll hear a lot in 2023 is “transformational retreat.” This refers to travel experiences that cater to people who want to undergo a significant personal or spiritual transformation. Retreats and activities include meditation, yoga, therapy, workshops, and other experiential practices. Most promote self-awareness, personal growth, and positive change, typically taking place in a secluded and peaceful setting and led by experienced facilitators or coaches. 

Booking.com’s Travel Predictions 2023 report called these trips “peace and pleasure pilgrimages.” The report found that 42 percent of travelers want to focus on their mental and physical health, including retreats to smooth the processes of pregnancy and menopause.” A large proportion of travelers are interested in meditation or mindfulness retreats. Some retreats even take the word “trip” literally, catering to people interested in the potential therapeutic benefits of the controlled and supervised use of “magic mushrooms” and other psychedelics.

Innovative tourism business ideas:

  • Beckley Retreats : Science-backed psychedelic retreats
  • Explorer X : A tour operator dedicated to transformational trips
  • Organic Tuscany : Organic cooking retreats in Tuscany.

2. Forest bathing and digital detoxing

Group hiking through the forest

Not everyone is looking for a transformational outcome from their vacation; many simply want to unwind and enjoy some quality “me time.” Wellness vacations have been a growing tourism business trend for some time, with demand accelerated by the pandemic. Tours that offer people the chance to pamper themselves and generally recalibrate are likely to be extremely popular for the foreseeable future.

Two specific innovative tourism business ideas that look likely to be especially popular in 2023 are “forest bathing” and “digital detoxing.” 

Forest bathing, or Shinrin-yoku , originated in Japan. It involves becoming immersed in nature to enhance physical, mental, and emotional well-being. It can be as simple as going for a long walk through a forest, or sitting by a lake and taking in the sights, sounds, and smells of the natural surroundings. Research has shown that forest bathing can reduce stress and anxiety, improve mood, and even boost the immune system and reduce blood pressure and heart rate. After the last few years we’ve all been through, it’s no wonder it’s proving popular with travelers.

In a similar vein, many people want to unplug and undertake a “digital detox” where you never need to ask for the Wi-Fi password because there is no Wi-Fi. They could be seeking respite from “doom scrolling” through social media and news feeds on their digital devices, or they just want a break from the glowing screens so prevalent in their day-to-day. Trips that encourage travelers to leave their devices at home will be popular, whether to wellness retreats that ban or discourage digital devices or an out-of-the-way destination that makes electronic communication extremely difficult.

  • Gaia Wellness Retreat : Digital detox packages in a forest setting
  • Sheldon Chalet : A luxury chalet in Alaska
  • Talaysay Tours : A corporate tour to “connect to the forest with all your senses”

3. Off-grid and “survival” travel

Hikers high fiving each other

One way to both commune with nature and unplug from your digital life is to go where no signal can reach you. Booking.com’s report found that 55 percent of travelers want to spend their vacations off-grid, resulting in an increase in tour operators offering trips to places where you can’t easily be reached. This could be a lodge in a remote part of a country or backcountry camping.

A related trend is the opposite of “glamping.” A growing number of travelers want to challenge themselves to survive in inhospitable conditions (you know… just in case), while learning new skills at the same time. In Booking.com’s report, 58 percent of travelers want to learn survival skills on holiday—everything from fire lighting and food foraging to the more full-on prepping for societal breakdown. Zombie survival camp anyone?

  • Off Grid Travel : Company offering a variety of off grid accommodation around Europe
  • Docastaway : Offers a desert island castaway experience
  • Black Tomato : Offers a “Get Lost service” for people who want to challenge themselves

4. Hush trips, workcations, and micro-cations

Man taking phone calls while in a pool

Shhh, don’t tell anyone (especially your co-workers and definitely not your boss), but “hush trips” are on the rise. A hush trip is a secret trip taken by an employee without their employer’s knowledge. It’s all linked to the huge rise in remote working. People who work in a different city and country from their employer can theoretically do their work from anywhere. However, a hush trip can be slightly different from a “workcation,” another popular trend in the age of remote working, when an employer’s permission is often sought. On a hush trip, no actual work might be done; the employee wants a real holiday to escape the hustle and bustle of daily life and recharge, but they may not use their vacation days to take it. They complete their work and take a day or two off without anyone knowing (they hope,) perhaps logging in now and then for appearances’ sake. Or, they may travel somewhere and continue to work, while enjoying their downtime in a new place, again without telling anyone. 

Many hush trips are “micro-cations,” short trips often taken close to home, often at the last minute. The micro-cation trend has continued to grow for the last few years, as people look for quick, convenient, and often budget-friendly getaways that don’t require a lot of planning. 

When you combine the acceptance of remote working among many more employers with a large number of people who left the office behind and didn’t miss it for a second, you have an opportunity to create workcation and hush trip experiences for digital nomads and remote workers.  

  • Selina : Opportunities for people to stay, travel, and work in interesting places around the world
  • Ethos Remote Habitat : Remote working retreats
  • Work from Hyatt : Packages for people who want to work from a Hyatt hotel

5. Traveling for “bleisure”

The travel industry does love a good old word mash-up to describe the latest trend. Hot on the heels of workcations, we have the related trend of “bleisure”—a name coined to describe the trend of business travelers tacking on some leisure time to the end of business trips. Where a workcation is often a longer trip designed around work, the growth of bleisure trips reflects the fact that as business travel bounces back, people still want as much vacation time as they can get. 

Although the economy could affect business travel in 2023 as companies cut costs, it’s worth keeping an eye on the business and conference market to target business travelers who want to carve out some vacation time to explore a destination on their own time.

6. Set-jetting

Hobbit house in New Zealand

If you’ve ever wanted to visit the set of your favorite movie or TV show, you’re not alone. A top travel trend for 2023 is “set-jetting,” when travelers visit destinations primarily because they were featured in a popular movie, TV show, or book. According to research, 39 percent of travelers have booked trips to places featured on shows or movies ( Expedia ). While people have long been drawn to iconic movie locations, perhaps the earliest example of mass set-jetting was New Zealand’s tourism industry getting a huge boost after the country played a leading role in the “Lord of The Rings” movies. Fans of the “Outlander” books and TV series have also been making pilgrimages to Scotland to see the country that provides the backdrop for their favorite show.

People don’t just want to visit the actual physical set and filming location, but also just the cities or countries featured in a particular production. Keep an eye out for popular shows where the location is as much the star of the show as the actors, such as “The Crown” (England,) “Emily in Paris” (Paris,) and “The White Lotus” (Sicily), as they could trigger a surge in demand for particular locations and experiences relating to the shows, such as a themed tour.

  • The Potter Trail : Harry Potter-themed walking tours in Edinburgh, Scotland
  • Red Carpet Tours : “Lord of the Rings” set-jetting specialists
  • On Location Tours : TV- and movie-themed tours in New York, Chicago, and Boston

7. Sustainable tourism and electric travel

“Ecotourism” has been on the rise for several years, and continues to be popular. According to Booking.com’s Sustainable Travel Report 2022 , 81 percent of global travelers say sustainable travel is important to them, and 50 percent are influenced by news reports on climate change when it comes to booking choices. 

So-called “ecotours” let tourists enjoy a vacation while also learning about environmental and sustainability issues in a particular location. Some enable people to do something tangible to help, such as volunteering to plant trees or help to restore habitats. Many travelers these days also seek out “small footprint” or socially-responsible travel. This may not be an eco-tour as such; it could just mean they favor tour companies that take steps to minimize the impact of their tours or incorporate a social responsibility element. 

Many travelers also want to stay in planet-friendly accommodations. According to Booking.com’s report, 57 percent of travelers prefer accommodation with sustainable certification. Another related trend to watch is road trips or other travel using electric vehicles. Some car rental companies are adding electric cars to their fleets, and VW has even built an electric version of their classic camper van, the ID Buzz. Within cities, travelers might want to do tours on electric bikes and focus on other more sustainable modes of transport rather than the traditional taxi and car hire approach. In the not too distant future, electric air travel may even become the norm thanks to companies like Eviation that are developing electric planes.

  • Jumbari Family Safaris : Eco-safaris in Africa.
  • OneSeed Expeditions : Responsible adventure travel around the world.
  • EV Travel : Sustainable adventures in Iceland

8. Indigenous experiences

Indigenous Touri

Countries around the world are making an increased effort to reverse past wrongs when it comes to treatment of Indigenous peoples, while also empowering Indigenous communities to take a lead in areas like travel and tourism. Canada is one nation going through a period of reconciliation as it faces up to and attempts to make amends for its colonial past. This has resulted in a huge growth in Indigenous-led travel companies, experiences, resorts, and accommodation options. 

Australia and New Zealand are also seeing a growth in opportunities for travelers to support and learn about Indigenous communities, histories, and cultures.

If you are an Indigenous entrepreneur, you may find great opportunities available with an increase in programs that support Indigenous tourism in these countries. For others, there may be opportunities for partnering with or supporting Indigenous-led businesses and organizations in your region.

  • Worn Gundidj at Tower Hill : Tours offering the chance to connect with Australian aboriginal culture
  • Road Scholar : Offers a New Zealand cultural experience, learning from local experts  
  • Haida Style Expeditions : Cultural trips on Haida Gwaii on Canada’s west coast

9. Budget-friendly travel

The economic upheaval we saw through 2022 looks set to continue through 2023. Inflation and cost of living rises mean while the desire to travel is still strong, many travelers will still have at least one eye on their budget. This could mean more interest from thrifty travelers in camping, self-catering, and all-inclusive holidays. Activities and vacations that involve renting rather than buying equipment could also be more popular. 

Packlist : Camping gear rentals in Canada

Lazy Days : Camper van rentals in Ireland

Tampa Bay eBikes : eBike rentals on the Gulf Coast

10. Luxury cruises and upscale all-inclusive

Friends jumping off a boat into tropical waters

While there will be a lot of budget-conscious travelers in 2023, there are also plenty of opportunities in the luxury travel market, including two types of travel luxury travelers may previously have turned their noses up at—all-inclusive trips and cruises. The luxury cruise market, as well as the cruise market in general, is set to rebound in style. CN Traveller reported on “ a new breed of luxury yachts from the world’s leading hotel brands,” including  The Ritz-Carlton Yacht Collection , which boasts  “ the most sophisticated and expensive civilian ship ever built in Spain.” Cruise companies like Scenic and Emerald Cruises are expecting high demand for spots on their luxury ships . If you are on a luxury cruise route, catering your activities to a luxury-seeking clientele, with prices to match, might be worth considering.

Cruises tend to be all-inclusive as standard, but there is also a growth in upscale all-inclusive vacations in general. These experiences offer the best of everything—food, accommodation, and experiences, all for a set (and premium) price. Ikos Resorts will open a new five-star all-inclusive resort in Mallorca in June 2023.

  • Ama Waterways : Luxury river cruises in Europe
  • Windstar Cruises : Luxury small-ship cruises
  • Conrad Maldives Luxury Island : All-inclusive resort in the Maldives

11. Train travel

Passenger train passing through field overlooking mountains

From the “Flying Scotsman” to the “Orient Express,” there are few more romantic ways to travel than by train. However, train travel is also increasingly overlapping with other trends in our list, as it becomes more popular as a way to travel more sustainably by reducing car and air travel, travel slower (unless we’re talking train travel in Japan) and for longer, and travel to more countries on the same trip.

Train travel can also offer scenic views, comfortable travel with spacious seats, sleeping accommodation for longer or overnight trips, and the opportunity to socialize with other travelers, and convenient access to city centres. Piggy-backing the trend toward more immersive travel experiences, train travel also lets travelers see more of a country while mixing with locals. Many countries and rail companies, especially in Europe, offer passes that let travelers visit multiple places in one trip without leaving the ground. If your tours and activities are near a popular rail route, look for ways to capitalize on the increase in train travel by catering to people who may want something to do for a day or two before they move on.

  • Byway : Lets travelers build their own train vacation
  • Intrepid Travel : Offers a range of “Train it” itineraries
  • Glacier Express : Cultural and foodie train trips in Switzerland

12. Glamping

During the pandemic, with international travel off the menu for most people,  RV rentals spiked dramatically . Road trips made it easier for tourists to physically distance from other travelers in a post-COVID world, and “glampervan” vacations became popular. Glamping is still on the rise in 2023; the glamping market is expected to reach US$4.1bn in 2028 ( Stratview Research ). Glamping lets people enjoy sleeping and living in the great outdoors, but with a step-up in comfort from traditional camping. Glampers can stay in everything from classic Airstream trailers to yurts and all manner of other non-tent accommodation.

hospitality and tourism business ideas

  • Woods on Pender : Stay in a classic Airstream trailer on an island.
  • Huttopia : Glamping getaways in Canada and the US 
  • Under Canvas : Upscale camping in Moab, the Grand Canyon, and other spectacular locations 

13. Go solo or go social

solo traveler in desert

While “travel bubbles” are no longer required for COVID-related reasons, group travel continues to rise in popularity. Hotels and tour companies increasingly cater to family groups or groups of friends who want to take a memorable trip together. For example, Atticus Hotel  in Oregon’s  Bunkhouse room for groups . It’s not just families making up for lost time with “reunion” or “celebration” travel. Tour operator Contiki noticed an upswing in demand for what they call “social travel” from groups of Gen Z-ers who want to get together on a trip to celebrate birthdays, graduations, and other milestones: “Gen Z want to make up for lost time spent together and get travelling.” Another type of social travel piggybacks the rise of “travel influencers” on social media platforms like Instagram. Some popular influencers are pivoting to provide the opportunity for their followers to literally follow them on a trip. People can go on a trip or do an activity with their favorite influencer and a group of fellow followers.

Of course, not everyone has a posse to travel with or wants to travel with others. Solo travel continues to be very popular and has moved from a niche to a mainstream market. A Skyscanner report found that 40 percent wanted to travel solo for mental health wellness reasons, while singles and divorcees ranked highly for being ready to take a solo trip. The report concludes: “There is no longer any stigma attached to taking a trip on your own, and many tour companies cater specifically to this market.”

  • Flash Pack : Small group adventures for solo travelers in their 30s and 40s.
  • On the Go Tours : Pre-designed tours for private groups.
  • My Life’s a Travel Movie : Join social media influencer Alyssa Ramos on a trip

Watch this space: Unusual and niche  tourism trends to track in 2023

14. flat pack hotels.

In a move that reflects the growing interest in responsible and sustainable travel, hotel company Habitas have opened a number of flat-pack hotels around the world for “like-minded people seeking connection, inspiration and a better future together.”

15. Crypto trips

A number of tour operators and travel companies now offer travelers the ability to pay with cryptocurrency. Some examples include Borrow a Boat , Soneva Resorts  and Get Your Guide . 

16. Dark tourism

There has been a rise in so-called “dark tourism,” when people travel to places or sites associated with disasters and darker historical events. Famous examples include Pearl Harbour, Alcatraz, and Hiroshima. If this is the first you’ve heard of this term, it can sound a bit ghoulish. However, travelers who explore these sites generally do so to pay their respects or learn more about important historical events that hopefully will never be repeated.

17. Sober travel

Sober travel has been around for a while, but it mostly catered to people in recovery. In 2023, sober travel is a subset of wellness travel. Travel companies like Travel Sober and  Sober Outside have pivoted to target anyone who wants a sober vacation.

18. Virtual travel

Forbes Magazine thinks 2023 will be “the year that tourism in the metaverse takes off.” Travel companies can use VR to give potential customers a taste of the experience they can expect from a tour or location. VR can be accessible through web browsers or people can enjoy a much more immersive experience using VR headsets.

19. Nostalgic travel

Booking.com’s 2023 travel predictions found that 88 percent of travelers want to go on a “nostalgic getaway,” whether that’s theme parks we went to as kids, nostalgic movie locations, or other trips down memory lane. 

20. Sleep tourism

Everyone likes a good night’s sleep, especially on vacation, and the travel is waking up to the opportunities offered by a rise in “sleep tourism.” The Park Hyatt New York now offers a stay in their  One Bedroom Sleep Suite by Bryte , while Swedish bed brand Hastens opened a branded Sleep Spa . Good night, sleep well.  

How to take advantage of innovative tourism business ideas

Illustrations of ideas being locked away

The key to taking advantage of these innovative tourism business ideas and other tourism industry trends is to always be thinking of your next profitable business opportunity. Here are a few ways to keep on top of what’s new and interesting in the travel business:

Maintain an ideas file

Include those “out there” trends that seem absurd the first time you hear them. Think about some recent innovations that would have been dismissed with a laugh not that long ago: Self-driving cars, passenger space travel, drone deliveries… Even that Holy Grail of futuristic inventions, the personal jetpack, is getting closer to reality. All but the most outlandish trends are worth tracking in case there’s a germ of an idea for a new business opportunity in there.

Listen to your audienc e

Hang out in online travel discussion forums, on social media, and in other places where travelers gather to swap notes and ideas or express needs and dreams. You might uncover a new business idea no-one else has come across yet.

Follow your competitors

Monitor what your direct competitors and others in the tourism business are up to. Subscribe to every industry newsletter you can, including those of your competitors, to keep up with emerging trends and help with your business idea generation.

Solicit customer feedback

Be proactive in asking your customers for feedback. Don’t just ask them what they liked and didn’t like about their experience with your company; ask them if there’s anything they would like to do that they currently can’t. 

Invest in the right booking system

It goes without saying that every tour operator should offer online booking and take a mobile-first approach. Not doing both of those things makes taking advantage of the above trends very difficult. The customer experience starts the moment they enter your website. Online booking enables them to easily browse, book, and pay for tours anytime and from is anywhere. Learn more about how Rezgo booking software is tailor-made for adventure companies.

At Rezgo, we always have our ear to the ground when it comes to the latest tourism trends and business opportunities. The Rezgo booking system is a comprehensive platform that enables you to become a more profitable business. It can also help you future-proof your business so you can develop and grow as the tourism industry changes.  Book a demo today or  sign up for free and start using Rezgo

Wondering what to read next? Here are our suggestions: The Future of Tourism: 10 Things Tour Companies Need To Prepare For in 2022 A Guide to Branding in the Travel and Tourism Industry Low Season Strategies to Prime Your Tour and Activity Company for Success

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Written By | Rob Mathison

Rob Mathison is a Vancouver-based freelance writer focusing on tech, travel, digital marketing, and education. He is a co-author of The Complete Resident’s Guide to Vancouver.

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50 travel and tourism business ideas

50 Travel & Tourism Business Ideas

Introduction

Wanderlust! The urge to travel, explore new places, and experience different cultures is deeply rooted in the human spirit.

As the world becomes more interconnected, the travel and tourism industry continues to thrive, presenting numerous opportunities for entrepreneurial minds.

In this blog post, we’ll embark on an exciting journey, exploring 50 creative business ideas that cater to the ever-growing demand for unique and memorable travel experiences.

Accommodation

1. tiny house rentals.

Offer a unique and eco-friendly accommodation experience by renting out tiny houses in scenic locations. Tiny houses are not only charming but also appeal to travelers seeking a minimalist and sustainable lifestyle.

2. Glamping Retreats

Combine the luxury of a hotel with the adventure of camping by setting up glamorous camping sites in picturesque natural settings. Provide luxurious tents, high-end amenities, and personalized services for a one-of-a-kind outdoor experience.

3. Homestay Network

Create a platform that connects travelers with local hosts, allowing them to experience authentic cultural immersion by staying in a family’s home. This concept promotes cultural exchange and provides an affordable alternative to traditional accommodations.

4. Treehouse Resorts

Tap into the childlike wonder of tree-dwelling by constructing eco-friendly treehouse resorts. These unique accommodations offer guests a chance to reconnect with nature while enjoying modern amenities.

5. Houseboat Rentals

Capitalize on the growing trend of water-based accommodations by offering houseboat rentals in scenic waterways or coastal regions. Houseboats provide a unique way to explore destinations while enjoying the comforts of home.

Transportation

6. electric bike tours.

Offer eco-friendly and active tours of cities or natural landscapes using electric bikes. This concept appeals to travelers seeking sustainable and engaging ways to explore their destinations.

7. Luxury Coach Service

Provide a high-end transportation service for travelers seeking comfort and convenience. Offer luxurious coaches with amenities like Wi-Fi, entertainment systems, and gourmet snacks for long-distance travel or city tours.

8. Vintage Car Rentals

Cater to the nostalgia and charm of classic automobiles by offering vintage car rentals. This unique transportation option can be a hit with travelers seeking a retro experience or those attending special events.

9. Private Aviation Services

For affluent travelers, offer private aviation services, such as charter flights, helicopter tours, or private jet rentals, providing a luxurious and convenient way to travel.

10. Campervan Rentals

Capitalize on the growing trend of road trips and van life by offering campervan rentals. These versatile vehicles allow travelers to explore destinations at their own pace while enjoying the freedom and convenience of a mobile home.

Tours and Activities

11. virtual reality tours.

Leverage the power of virtual reality (VR) technology to offer immersive tours of destinations, historical sites, or even outer space. This innovative concept appeals to tech-savvy travelers and those seeking unique experiences.

12. Food Truck Tours

Combine the love for food and exploration by organizing tours that guide participants through the local food truck scene, sampling diverse culinary offerings along the way.

13. Experiential Workshops

Offer hands-on workshops that teach travelers new skills or crafts, such as pottery, painting, dance, or cooking classes, allowing them to immerse themselves in the local culture while acquiring new knowledge.

14. Adventure Sports Tours

For thrill-seekers, organize tours that incorporate adventure sports like rock climbing, zip-lining, surfing, or skydiving, catering to travelers seeking adrenaline-pumping experiences.

15. Sustainable Ecotours

Promote responsible tourism by offering sustainable eco-tours that educate travelers about conservation efforts and sustainable practices while exploring natural wonders and wildlife habitats.

Food and Beverage

16. pop-up dining experiences.

Create unique and temporary dining experiences by setting up pop-up restaurants in unconventional locations, such as rooftops, abandoned buildings, or scenic outdoor spaces.

17. Craft Brewery Tours

Tap into the growing popularity of craft beer by offering guided tours of local breweries, providing insights into the brewing process and allowing visitors to sample unique flavors.

18. Farm-to-Table Dining

Collaborate with local farmers to create a farm-to-table dining experience, offering fresh, locally sourced ingredients and promoting sustainable food practices.

19. Wine Tasting Tours

Organize tours that take visitors through local wineries, vineyards, and tasting rooms, providing an educational and indulgent experience for wine enthusiasts.

20. Street Food Tours

Guide travelers through the vibrant street food scene of a destination, introducing them to authentic local flavors and culinary traditions while exploring the city’s cultural fabric.

Retail and Souvenirs

21. artisan marketplace.

Curate a physical or online marketplace that showcases unique and handcrafted products from local artisans, providing travelers with authentic souvenirs and supporting local economies.

22. Sustainable Fashion Line

Tap into the growing demand for ethical and sustainable fashion by creating a clothing line using eco-friendly materials and promoting fair labor practices. Offer stylish and responsible travel apparel and accessories.

23. Personalized Photo Books

Offer a service that creates personalized photo books, allowing travelers to capture and preserve their journey’s memories in a beautifully curated keepsake.

24. Local Artisan Workshops

Organize workshops where travelers can learn from local artisans and create their own souvenirs, such as pottery, jewelry, or woodcarving, providing a hands-on experience and a unique keepsake.

25. Virtual Museum Tours

Leverage technology to offer virtual tours of museums, allowing travelers to explore exhibits and collections from anywhere in the world, catering to those seeking cultural experiences without the need for physical travel.

Technology and Apps

26. travel planning app.

Develop a comprehensive travel planning app that assists users in researching destinations, booking accommodations and activities, and creating personalized itineraries based on their preferences and interests.

27. Augmented Reality City Tours

Enhance the traditional city tour experience by incorporating augmented reality (AR) technology, overlaying historical information, interactive visuals, and storytelling elements onto the real-world environment.

28. Language Translation Earbuds

Offer innovative language translation earbuds that provide real-time translation, enabling travelers to communicate effectively and break down language barriers during their journeys.

29. Travel Insurance Comparison Platform

Create a user-friendly platform that compares and recommends the best travel insurance options based on specific trip details, destination, and traveler needs, ensuring peace of mind for adventurers.

30. Contactless Payments for Tourism

Develop a contactless payment solution specifically designed for the tourism industry, allowing travelers to make secure and convenient payments for attractions, tours, and services without the hassle of carrying cash or cards.

Wellness and Relaxation

31. yoga retreats.

Offer immersive yoga retreats in serene locations, combining physical and spiritual practices with healthy cuisine, meditation sessions, and access to natural surroundings for a holistic wellness experience.

32. Digital Detox Getaways

Create a sanctuary for travelers seeking to disconnect from technology and reconnect with themselves by offering digital detox getaways in remote or nature-focused destinations.

33. Spa and Wellness Resorts

Establish luxurious spa and wellness resorts that provide a tranquil escape, offering various treatments, fitness programs, and healthy dining options for travelers seeking rejuvenation and self-care.

34. Mindfulness Retreats

Organize mindfulness retreats that combine meditation, yoga, and other mindfulness practices with scenic locations and expert guidance, catering to travelers seeking inner peace and personal growth.

35. Forest Bathing Experiences

Capitalize on the growing interest in the Japanese practice of “Shinrin-yoku” or forest bathing by offering guided nature walks and immersive experiences that promote relaxation and connection with the natural world.

Sustainable Tourism

36. eco-friendly tour operator.

Establish an eco-friendly tour operator that prioritizes sustainability and minimizes the environmental impact of travel. Offer responsible tours that support local communities and promote conservation efforts.

37. Upcycled Lodging

Create unique accommodations by repurposing and upcycling materials from various sources, such as shipping containers, abandoned buildings, or recycled materials, promoting sustainable and innovative lodging options.

38. Carbon Offset Travel Services

Offer a service that calculates and offsets the carbon footprint of travelers’ trips by investing in verified carbon offset projects, appealing to environmentally conscious consumers.

39. Sustainable Souvenir Marketplace

Establish an online or physical marketplace that curates and sells sustainable souvenirs, locally made products, and ethical handicrafts, promoting responsible consumption and supporting local artisans.

40. Eco-Tourism Consultancy

Provide consulting services to travel companies and destinations, helping them implement sustainable practices, reduce their environmental impact, and promote responsible tourism initiatives.

Niche Experiences

41. pet-friendly travel services.

Cater to pet owners by offering pet-friendly accommodations, activities, and travel services, allowing furry companions to accompany their owners on adventures.

42. Accessible Travel Solutions

Create travel solutions that cater to individuals with disabilities or special needs, offering accessible accommodations, transportation, and tailored experiences that ensure comfort and inclusion.

43. Genealogy Tourism

Tap into the growing interest in ancestry and family history by offering genealogy tourism services, assisting travelers in tracing their roots, visiting ancestral homelands, and connecting with their heritage.

44. Dark Tourism Experiences

For those interested in the macabre and historical tragedies, offer curated tours and experiences focused on dark tourism sites, such as battlefields, cemeteries, and sites of significant historical events.

45. Culinary Immersion Tours

Organize in-depth culinary immersion tours that go beyond traditional food tours, allowing travelers to fully immerse themselves in the local food culture, from farm visits to cooking classes and dining with local families.

46. Literary Tours

Create literary-themed tours that take book lovers on a journey through the settings of famous novels, visiting locations that inspired authors, and exploring the literary heritage of destinations.

47. Spiritual Pilgrimage Tours

Offer guided tours to sacred sites and spiritual destinations, catering to travelers seeking personal growth, spiritual enlightenment, or a deeper connection with their faith or beliefs.

48. Astro-Tourism Experiences

Capitalize on the growing interest in astronomy and stargazing by offering astro-tourism experiences, including dark sky observatories, guided night sky tours, and stargazing retreats in remote locations with minimal light pollution.

49. Adventure Wedding Services

Cater to adventurous couples by offering unique and memorable wedding experiences in stunning outdoor locations, such as beach ceremonies, mountain elopements, or adventurous honeymoon packages.

50. Gaming and Esports Tourism

Tap into the rapidly growing gaming and esports industry by offering tailored travel experiences for gaming enthusiasts, including attending major gaming events, visiting gaming-themed attractions, or participating in gaming-related activities and competitions.

  • The travel and tourism industry offers a wealth of opportunities for entrepreneurs to tap into unique niches and cater to diverse traveler interests.
  • From accommodation options like tiny houses and treehouses to experiential tours and sustainable tourism initiatives, the possibilities are endless.
  • Technology plays a crucial role, enabling virtual reality tours, augmented reality city experiences, and innovative travel planning apps.
  • Wellness and relaxation-focused offerings, such as yoga retreats and mindfulness getaways, cater to travelers seeking rejuvenation and self-care.
  • Niche experiences like pet-friendly travel, accessible tourism, and dark tourism experiences cater to specialized interests and needs.
  • Sustainable and eco-friendly practices are becoming increasingly important, with opportunities in eco-tourism consultancy, upcycled lodging, and carbon-offset travel services.

Q: What are some unique accommodation ideas for travelers? A: Tiny house rentals, glamping retreats, treehouse resorts, and houseboat rentals offer unique and memorable accommodation experiences for travelers seeking something out of the ordinary.

Q: How can technology enhance the travel experience? A: Technology can enhance the travel experience through virtual reality tours, augmented reality city experiences, language translation earbuds, travel planning apps, and contactless payment solutions for tourism.

Q: What are some sustainable tourism business ideas? A: Sustainable tourism business ideas include eco-friendly tour operators, upcycled lodging, carbon offset travel services, sustainable souvenir marketplaces, and eco-tourism consultancy services.

Q: What are some niche travel experiences that cater to specific interests? A: Niche travel experiences include pet-friendly travel services, accessible tourism solutions, genealogy tourism, dark tourism experiences, culinary immersion tours, literary tours, spiritual pilgrimage tours, astro-tourism experiences, adventure wedding services, and gaming and esports tourism.

Q: How can wellness and relaxation be incorporated into travel business ideas? A: Wellness and relaxation can be incorporated through yoga retreats, digital detox getaways, spa and wellness resorts, mindfulness retreats, and forest bathing experiences, catering to travelers seeking rejuvenation and self-care.

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Priyanka transitioned from being a trendsetting fashionista to an influential business blogger. With an innate passion for style and an astute entrepreneurial mindset, Priyanka carved her own path in the digital landscape, captivating audiences with her unique blend of fashion-forward insights and astute business acumen. Through her posts, she shares her expertise on emerging trends, fashion industry analysis, and valuable advice for aspiring entrepreneurs.

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  • Hospitality Business Opportunities for Entrepreneurs

Hospitality Business Opportunities For Entrepreneurs

Embarking on a journey in the­ hospitality industry as an entreprene­ur can be an exciting expe­rience. This field offe­rs boundless opportunities for anyone who wants to start, redefine, or expand a business.

The­ ever-changing nature of this sector ensures that there­ are always new avenue­s to explore. From managing hotels and restaurants to venturing into the trave­l sector, the possibilitie­s are only limited by one’s imagination.

In this article, we­ will explore various business opportunitie­s that you may want to consider as you pursue an entrepreneurial caree­r in hospitality.

Introduction to hospitality business opportunities for entrepreneurs

Entreprene­urship in the hospitality industry encompasses a diverse range­ of service-oriente­d businesses flourishing in tourism and beyond, and this field is a magnet for energetic individuals from all corne­rs of the globe.

The hospitality industry is a popular choice­ for aspiring entreprene­urs drawn by its potential for success and bringing ideas into reality. By gaining a comprehensive­ understanding of the wide range­ of opportunities available, you can start on your own path as an entrepreneur.

Types of hospitality businesses

To successfully e­nter the hospitality industry, entre­preneurs should have a solid unde­rstanding of the different type­s of businesses within this field. Each segment posse­sses its own distinct characteristics, potential advantage­s, and specific risks to consider.

Hotels and resorts

When pe­ople think of businesses in the­ hospitality industry, hotels and resorts are usually the­ first ones that come to mind. These­ establishments provide gue­sts with short-term accommodation and other services. The­ range of options can vary from small motels to luxurious five-star re­sorts. One of the reasons why this type­ of business is attractive is its potential for good profits, as it allows for dive­rsification into other areas such as gyms, spas, restaurants, or confe­rence facilities to gene­rate additional revenue­.

Restaurants and bars

Restaurants and bars are­ popular business ventures that cate­r to people’s desire­ for eating out  and socializing in leisure­ spaces. This industry includes a wide range­ of options, from fast-food outlets to fine­ dining restaurants, as well as pubs, bars, and coffee­ houses. Entreprene­urs exploring hotel business ideas might also conside­r incorporating these establishme­nts.

Catering services

Catering busine­sses offer food service­s for external eve­nts like corporate functions, weddings, and partie­s. One of the main advantages of cate­ring is its versatility, as it can be operate­d from either home kitche­ns or leased commercial space­s depending on the size­ and scale of the operation.

Event planning and management

Planning and hosting an eve­nt can be a challenging task. That’s why many individuals and corporations choose to hire­ event specialists who e­xcel in creating unforgettable­ guest experience­s . These professionals offe­r comprehensive solutions for everything from weddings to corporate events, taking care­ of tasks from designing invitations to coordinating logistics at the­ venue sites.

Tourism and travel services

The travel agency business is an important component of the hospitality industry, as it assists with various aspects related to trave­l. This includes planning tours, making reservations for trave­l and accommodation, and providing local transportation services for tourists visiting differe­nt destinations.

Key considerations for starting a hospitality business

If you’re e­ager to explore the­ world of entreprene­urship in the hotel industry, there are­ a few important factors you should consider. These­ considerations will impact a business’s planning, de­velopment, and long-term succe­ss.

  • Location and target market: Choose a location aligned with your target market’s demographics, travel habits, and preferences.
  • Business plan : Develop a robust plan highlighting your unique selling points to stand out in a competitive market.
  • Legal requirements: Comply with specific legal requirements for your enterprise, and consult with a hospitality attorney if needed.
  • Financing: Secure funds through personal savings, loans, grants, or investor support, including franchising for larger ventures.

If you want to start your own hospitality business, be sure to learn as much about the industry as possible before you begin. Consider enrolling in a hospitality degree to get specialist knowledge to help you succeed.

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hospitality and tourism business ideas

Staffing considerations for a hospitality business

In hospitality, your te­am is your greatest asset. The­ level of service­ provided by your staff can either make­ or break your business. That’s why it’s crucial to prioritize thoughtful staffing de­cisions in any tourism or hospitality venture.

  • Identify vital roles: Recognize essential positions like front desk staff, chefs, and managers, and understand their specific skill requirements.
  • Recruitment: Use suitable outlets, such as online platforms or specialized agencies, to find skilled individuals for each role.
  • Ongoing training: Continuously train and develop your employees to maintain high service standards and keep them updated on industry trends. Regular performance reviews offer personalized feedback.

Common challenges faced by hospitality businesses

Common challenges faced by hospitality businesses

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Those who dive into the world of hospitality business careers for entrepreneurs will tell you it’s exciting, but also its share of challenges, such as these.

  • Meeting customer expectations: Keep tabs on customer preferences through feedback loops and adjust services accordingly.
  • Workforce management: Upskill existing talent while creating employee-friendly policies encouraging staff retention.
  • Cost control: Consolidate purchases where possible and negotiate firmly yet fairly with suppliers for better rates.
  • Handling economic instability and seasonal variations: Diversification can be a key to success here. Expanding your offerings beyond just core services can open up additional streams of revenue.
  • Legal compliance: Seek professional advice to fully understand and comply with local laws.

Tips for success in the hospitality industry

Being adaptable­ and constantly striving for improvement is crucial to succee­d in the hospitality and tourism industry . Here are­ some helpful tips that can help your ve­nture thrive.

  • Embrace te­chnology: In today’s hospitality industry, incorporating technology is essential. From stre­amlining the booking process to personalizing gue­st experience, businesses must incorporate these advancements to mee­t customer expectations and re­main competitive.
  • Prioritize customer service: Customer se­rvice should be a top priority for hospitality businesse­s. Providing exceptional customer se­rvice is crucial for success. Take the­ time to invest in training your team on e­ffective communication skills and problem-solving strate­gies specifically relate­d to guest services.
  • Market analysis: This is e­ssential for understanding your customers and providing outstanding se­rvice. By conducting a thorough market analysis, you can gain valuable insights into the­ desires and expe­ctations of potential guests for their hote­l or restaurant experie­nce.
  • Investing in your employees: This is key for delive­ring exceptional guest e­xperiences. By providing re­gular training sessions and growth opportunities, you can kee­p your staff motivated and dedicated to the­ir roles. This will ultimately contribute to cre­ating delightful experie­nces for your guests.
  • Focus on hygiene standards: Maintaining high hygiene­ standards is esse­ntial for businesses. Custome­rs value health and safety during the­ir travels, and enhanced cle­aning protocols are a vital aspect of maintaining a positive business re­putation.
  • Sustainability: Travel busine­sses that prioritize sustainability are gaining favor among conscious consume­rs. These consumers appre­ciate companies that actively e­ngage in eco-friendly practice­s, such as waste reduction, water conse­rvation, and the use of rene­wable energy source­s.

To achieve­ success, it is crucial not only to acknowledge the­se considerations but to impleme­nt them carefully in your overall busine­ss strategy. Studying for a hospitality degree can help you know how to implement these for success.

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hospitality and tourism business ideas

Innovative ideas to boost profits in the hospitality industry

For entre­preneurs see­king hospitality business opportunities, it’s important to recognize­ that innovation can often be the ke­y to success. So, let’s explore­ a few innovative ideas that have­ the potential to generate profits.

Emphasize sustainability and eco-friendliness

As more custome­rs prioritize sustainability, eco-friendly practice­s can greatly enhance your compe­titiveness. For example­, hotels can install energy-e­fficient appliances, and restaurants can source­ ingredients locally to minimize the carbon footprint. These initiatives se­rve as compelling selling points for conscious consume­rs.

Personalization is key

By personalizing inte­ractions, you can create bette­r customer experie­nces that foster loyalty and encourage­ repeat business. This can include­ greeting guests by name­, tailoring room amenities based on the­ir preference­s, or even creating restaurant me­nus to cater to regular customers’ tastes. A bespoke approach not only create­s a “home away from home” atmosphere­, but also generates positive­ word-of-mouth marketing that directly contributes to incre­ased profitability.

Expanded services

Think about the opportunitie­s to provide additional services that can e­nhance revenue­ streams beyond just offering accommodation. Offering a wellness center, for example, can be a great revenue management scheme to help your business thrive. This applie­s whether you run a hotel or are­ involved in the travel industry. By partne­ring with local tour operators, spas, or golf clubs, you can also attract customers who are looking for a comple­te vacation experie­nce.

Loyalty programs

Loyalty programs are de­signed to reward freque­nt customers and encourage the­ir continued patronage of your hospitality service­. In addition to offering discounted stays or meals, the­se programs often provide opportunitie­s for creative use of accumulate­d points. For example, loyal customers may have­ the chance to attend a cooking class le­d by the head chef at your re­staurant or hotel, or gain exclusive acce­ss to newly launched amenitie­s.

Venturing into new locations

Expanding your hospitality business ofte­n involves opening new outle­ts in different locations. This strategy he­lps to strengthen your brand and attract a wider range­ of customers. For example, if you have­ a popular downtown restaurant and notice an upswing in housing deve­lopments in the suburbs, it could be a good opportunity to capitalize­ on that growth by opening a new location there­.

How to leverage technology to enhance the customer experience in the hospitality industry

As entre­preneurs seize hospitality business opportunitie­s in this digital age, it is vital to strategically utilize hospitality te­chnology . By doing so, you can greatly enhance your gue­sts’ experience and differentiate your brand from compe­titors. Consider implementing the­se key innovations.

  • Mobile apps: Convenient mobile­ apps allow guests to easily check-in, acce­ss room service, and communicate.
  • Social media: Utilize social me­dia platforms to establish a robust online prese­nce, allowing direct communication with your audience­ and providing promotional materials and engaging content to re­ach a broad range of individuals.
  • Data analytics: Utilize data analytics to gain insights into the­ preference­s of visitors and continuously enhance service­s based on these findings.
  • Online booking: Implement 24/7 online booking systems to boost guest convenience and reduce staff workload.

In the compe­titive hospitality industry, embracing technology can enhance guest experie­nce and boost a brand’s reputation. Automation not only improves e­fficiency and reduces costs, but also enables pe­rsonalized service, le­ading to improved guest expe­riences.

How to manage risk in the hospitality industry

Nurturing a business in hospitality requires attention to many departments, one of them being risk management. Managing risk is an essential part of a stable and thriving hospitality business.

  • Identify risks: Understand potential risks like property damage, accidents, health concerns, data breaches, or market shifts.
  • Plan ahead: Create contingency plans to address problems proactively, such as regular facility maintenance and emergency procedures training.
  • Insurance protection: Invest in insurance coverage, including public liability, workers’ compensation, cyber, and business interruption insurance.
  • Continuous staff training: Educate your staff on safety and compliance, ensuring they understand their roles in risk management.

Effective risk management informs strategic decisions and helps safeguard your business from unexpected losses or liability claims.

How to create an effective pricing strategy for your hospitality business

Deve­loping an effective pricing strate­gy is crucial for your hospitality business. Here are­ the key points in a summary.

  • Consider costs: Prior to e­stablishing prices for your hospitality services, it’s e­ssential to have a comprehe­nsive understanding of all expe­nses involved, including operational costs, staff wage­s, and overheads.
  • Know your market: Understanding your marke­t is fundamental. Take the time to re­search local competition and assess what pote­ntial customers are willing to pay. Also, consider how the­ quality of your offerings compares to that of your competitors.
  • Value-based pricing: Set your price­s based on the value that custome­rs perceive in your se­rvices. You can gauge this by looking at customer te­stimonials and reviews.
  • Yield management: Yield manage­ment in the hospitality sector involve­s adjusting prices based on fluctuations in demand. By continuously monitoring the­ market, businesses aim to maximize­ profitability.

In the e­ver-changing hospitality industry, it’s vital to have a pricing strategy that is fle­xible and well-balanced. This me­ans considering factors such as cost coverage, compe­titiveness, and most importantly, customer satisfaction.

Entrepre­neurs have a wide varie­ty of hospitality business ideas to choose from. The­y can focus on businesses relate­d to tourism or explore hotels, resorts, restaurants, cate­ring services, eve­nt planning, and even travel busine­sses. Each type of business come­s with its own set of challenges and be­nefits.

Achieving success in the hospitality industry is not a matte­r of luck. It requires careful planning and both physical and intellectual resources. Before starting a business in the­ hospitality sector, it’s essential to have the right skills, and a thorough understanding of your targe­t market and location. Additionally, creating a comprehe­nsive business plan will lay a strong foundation for your venture­.

Start your entrepreneurial journey with Glion today. Our hospitality degrees are designed to give you everything you need to start a successful hotel or hospitality business. You can also find out more about investing in hotels .

Photo Credit Main Image: Portra/ E+ via Getty Images

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12 Travel Business Ideas

Jacqueline DeMarco

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

If there is one thing most people can agree on, it’s that traveling is one of life’s great pleasures. Exploring new cultures, visiting the world’s great wonders, spending days following your instincts and trying exotic foods — there’s a lot to love about discovering new places.

If you want to take your love of travel to the next level and start a business to serve your like-minded wanderlusters, you should consider these fun and profitable travel business ideas.

hospitality and tourism business ideas

What is a travel business?

There are two overarching types of travel businesses worth considering. First, you could think about starting a business that provides services or goods for travelers — running a hotel, for example. The second option is to start a business that you can run from anywhere in the world while you yourself travel. In many cases, this type of business revolves around travel, such as working as a travel writer and writing stories about your latest adventures.

What makes a travel business idea a good one?

A good travel business should combine two things: reliability and excitement. When you run a travel business, your clients need to be able to trust you. They need to feel confident that the tour group you run is legitimate and will show them the best sites. Or that the blog you run about the best inns on the east coast actually gives honest reviews.

At the same time, you need to offer services or create content that excites your customers. Introduce them to sights off the beaten path. Help them unwind and relax while on their vacation. Find a way to create trust amongst your customer base while offering them an experience they can’t find anywhere else.

How much do you need?

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We’ll start with a brief questionnaire to better understand the unique needs of your business.

Once we uncover your personalized matches, our team will consult you on the process moving forward.

12 travel business ideas for 2021

If you’re unsure of what type of travel business ideas could work for you, keep reading for some popular options. These ideas range widely and you should put your own creative spin on them. At the end of the day, think back to your passion for traveling. What services or products have made the most difference to you on past trips? What did you feel was missing? Can you find a way to make a living on the road while capitalizing on your skillset? Chances are, you have more ideas at the ready than you think.

1. Modernized bed and breakfast

B&Bs have been popular for decades — they outlive trends and are clearly here to stay. But why not step things up a notch and find a way to modernize the bed and breakfast experience a little bit? Make sure your rooms are outfitted with nice televisions so guests can enjoy a movie night in their cozy room. Offer unique culinary experiences. Decorate in a way that feels timeless but fresh at the same time. A bed and breakfast is a smaller operation than a hotel and is a great way to break into the hospitality business. If you need a little help funding your bed and breakfast, consider one of these financing options.

2. Off-the-beaten-path tour guide

Tour groups are a dime a dozen. But if you can offer a unique tour, you’ll be able to stand out from the competition. What do you love about your city? Maybe you can find the best coffee, chocolate, or salty treats at your local shops and restaurants. Organize a foodie tour of your town that highlights how your local delicacies are made. Of course, you’ll have to include tastes of all the local treats.

Or consider organizing a tour of some lesser-known sites. Surely there is a natural activity or historical site that tourists haven’t caught onto yet. If you can give your travelers a taste of local life or make them feel like they’ve uncovered something special, then your tour guide business will thrive. Maybe some locals will even join in on the fun.

3. Glamping

Here’s a fun fact for you: By 2025, experts estimate the glamping market in the United States alone is projected to reach a revenue of around $1 billion. It sounds like the great outdoors is getting a little fancier. What exactly is glamping? Glamorous camping.

Glamping combines nature with the comforts of home, and usually Champagne. That’s right, after a long day of hiking or river rafting, campers can return to decked-out campsites that offer spa treatments, wine and gourmet meals. The perfect combination of adventure and relaxation. If you can create a campsite that melds the best parts of nature with resort living, you’ll be in business.

4. Remote travel agent

Long gone are the days of travel agent offices. The truth is, thanks to the internet it’s easier than ever to plan a trip. Anyone with a computer can choose between hundreds of flights, hotels and restaurant reservations. The ease of access is great, but the time it takes to weed through those options might not be available to everyone. This is where a remote travel agent comes in.

You’ll work out of your own home which saves the customer costs on overhead expenses. For a more affordable price, remote travel agents can help busy travelers plan their next vacation from anywhere in the world. Help them book the best hotels, unique activities and provide them with all of their important travel bookings and documentation.

5. Travel consultant

Even though their job titles sound similar, a travel consultant is different than a travel agent. A travel consultant usually specializes in solving complex travel issues. For example, they may specialize in helping adoptive parents travel abroad to make the task of adopting a child from a foreign country run smoothly. Or they might assist businesses with complex assignments like learning how to cater to new cultures during business deals. Travel consultants generally focus less on tourism and more on helping iron out logistical issues.

6. Travel photographer

As a travel photographer, you’ll have plenty of options for making money off your passions for travel and photography. You can sell photos taken while traveling to newspapers, magazines and websites. Or you can sell your favorite shots in your own online shop. You could license your gorgeous photos of Paris or Peru to companies that create goods like calendars or art prints. Perhaps you want to help create stock photography for big companies like Getty Images. Point being, we live in a very visual world and there are plenty of options for starting a travel photography business.

7. Create a haunted attraction

Want a surefire way to make sure your hotel or guided tour drum up enough business? The solution is easy: Make it haunted. This may seem like a business better suited for Halloween time, but people are ready to get their scare on year-round. These haunted attractions do particularly well in historic locations like towns on the east coast where there are plenty of ghost stories to go around. Do some research and then let your imagination take care of the rest. You might want to load up on business insurance just in case your haunted attraction is too scary.

8. Teach cultural classes

It’s time to share your unique culture with the world. Offer fun classes for tourists that will make them feel like locals, whether that be a Creole cooking class or an art class that captures a local style of painting. Help tourists pick up a skill that they won’t learn anywhere else, like how to make an authentic cup of Turkish coffee or bake a truly Parisian croissant.

9. House or pet sitting

Sometimes a travel business does its best work when helping travelers look after what they left behind. House or pet sitting can be a great side hustle to take on if you’re looking for a little extra cash. Of course, you could always start a larger business like a kennel that takes care of beloved pets while their owners are jet-setting around the world. Some people are even willing to pay for plant hotels that keep their plants in tiptop shape until they return from vacation. Consider a travel business that will give your customers peace of mind while they are far from home.

10. Travel blogger

You’ve traveled the world and, boy, do you have some good stories to tell. So why don’t you then? By starting a travel blog, you can make money by sharing your experiences. You can offer up travel advice, share photos from your journey and review restaurants and hotels. Once your blog picks up some steam (aka gets a decent amount of pageviews and monthly visitors) you’ll be able to make money from ads hosted on your website, sign up for affiliate programs, or create sponsored content for brands. If this sounds like your ideal business, this guide can help you start a travel blog.

11. Ecotourism

Sustainability is all the rage right now and for good reason. It makes sense that those who value exploring the world want to keep it safe. Which is why ecotourism (also known as green tourism) is such a potentially profitable idea. Essentially, ecotourism allows travelers to learn about local culture and wildlife in a low-impact way.

Generally, these types of tours or services (like hotels) try to minimize the impact of traveling while giving tourists the education and tools to help positively impact the environment and community they visit. Many travelers are even willing to spend more on hotels if they are environmentally friendly. If you can find a way to show tourists a good time while helping them make a positive impact, you’re sure to have a popular business on your hands in no time.

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12. Home rentals

Do you have a gorgeous pool house just waiting to be turned into an oasis for weary travelers? Consider starting a home rental business. You can list any rooms in your house that are available to rent out (or even your entire house if you’re headed out of town yourself) on home rental websites like Airbnb or HomeAway. If you live in a popular area where hotels are particularly pricey, then you may be able to fetch a pretty penny by allowing customers to rent rooms in your home.

The best part is, you get to set your price. You only have to rent to people who can meet your price and who you think would be a good tenant (Hint: They need as many good reviews as you do). This can be an ideal business for bringing in extra money to help fund your next vacation. Just make sure that your town, apartment complex, or homeowners association allows you to rent out your property and that you’re following proper regulations.

This article originally appeared on JustBusiness, a subsidiary of NerdWallet.

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Financial Model, Business Plan and Dashboard Templates - FinModelsLab

42 Business Ideas In Travel And Tourism To Start In 2024

By henry sheykin.

Embarking on a new business venture is both thrilling and daunting, where the right idea can catapult one to the heights of success, and the travel and tourism sector is ripe with opportunity. The industry is a mosaic of cultures, experiences, and services that cater to the wanderlust of an ever-globalizing population. For aspiring entrepreneurs, the key lies in crafting a unique value proposition that not only stands out in a bustling market but also taps into the evolving needs of modern travelers. Whether it's reimagining lodging, creating immersive local experiences, or offering innovative travel tech solutions, the potential avenues are as varied as they are exciting. This sector demands creativity, cultural sensitivity, and an unwavering commitment to service excellence. As you consider the vast landscape of possibilities, weigh the trends, examine the gaps, and prepare to embark on a journey that could redefine the way people explore the world. The right business idea in travel and tourism has the power to not just navigate the currents of an ever-changing industry but also to steer these currents in new, uncharted directions.

1. Acquiring A Hotel

Acquiring A Hotel

Introducing Grandeur Hotels , a startup hotel business located in the bustling city of New York, New York. We specialize in providing exceptional hospitality services to business and leisure travelers, event organizers, and local residents who seek a luxurious and comfortable experience. Our services include elegant rooms for rent, delectable food and beverage options, event spaces for all occasions, and spa services for the ultimate relaxation. Our primary business goal is to become the leading hotel in the city by providing unparalleled customer service and experiences that exceed our guests' expectations. Learn more about how to open Acquiring A Hotel

We are seeking financing of $10 million to cover the costs of property acquisition or financing, staffing and employee expenses, marketing and advertising expenses, and cost of goods sold. Our key partners will be financing institutions, suppliers for food and beverages, and staffing agencies to ensure we have the best talent in the industry. With Grandeur Hotels, accessible through online booking platforms, our value proposition includes a tangible asset with potential for long-term growth, as well as revenue generated through room rentals, restaurant, and bar sales, event bookings, and other sources of income. Learn more about the profitability of Acquiring A Hotel

In summary, this business plan outlines the framework for Grandeur Hotels , a top-tier hotel business that seeks to establish its place as a leading hotel brand in the city of New York, New York. Our unique value proposition, customer focus, and strategic partnerships will ensure our long-term success. Get a Business Model Canvas example Get a SWOT analysis example Get a Business Plan sample

2. Adaptive Reuse Hotel

Adaptive Reuse Hotel

If you're considering opening an adaptive reuse hotel , you're tapping into a growing market for unique, experiential accommodations in the US. Boutique and lifestyle hotels are in high demand, offering travelers a chance to stay in small, independently owned properties with a focus on personalized service and authentic experiences. This business model is not only profitable but also fulfilling, as you have the opportunity to revive historic architecture and provide a one-of-a-kind setting for your guests. To learn more about how to open an adaptive reuse hotel, check out this comprehensive guide here .

Wondering just how profitable an adaptive reuse hotel can be? With the right location, unique offerings, and strong marketing, you can generate substantial revenue from room rates, food and beverage sales, and event space rentals. Curious about the potential profitability of this business model? You can find a detailed analysis of the adaptive reuse hotel profitability here . Plus, you can get a clearer understanding of the startup costs involved in opening an adaptive reuse hotel here .

If you're ready to dive into the nitty-gritty details of starting an adaptive reuse hotel, it's essential to have a comprehensive business plan, complete with a SWOT analysis and a clear business model canvas. You can access examples of a SWOT analysis and a business model canvas for an adaptive reuse hotel here and here , respectively. These tools will help you strategize and plan for the success of your unique hotel concept.

So, if you're ready to bring your vision of an adaptive reuse hotel to life, start by gaining a comprehensive understanding of the business model and market potential. Dive into a sample business plan for an adaptive reuse hotel here to help guide you through the process of creating a successful, profitable, and fulfilling hotel business.

3. Adults-Only Hotel

Adults-Only Hotel

Are you looking to open a niche hotel business that caters to affluent couples seeking a romantic getaway or honeymoon experience? Look no further than Blissful Retreats, a comprehensive business plan for an Adults-Only Hotel in the US to be opened in 2023. The hotel will be located in Aspen, Colorado, offering premium amenities and partnering with local activities and attractions to provide guests with personalized experiences during their stay. If you're interested in learning more about the potential market size for this business idea in the US, check out this guide on how to open an Adults-Only Hotel .

Our primary business goal is to provide our customers with a one-of-a-kind experience that surpasses their expectations. We aim to become the leading boutique hotel in the luxury hospitality and tourism space, known for our world-class facilities and attentive service. If you want to understand how much you can make and how much it costs to start an Adults-Only Hotel, check out this article on Adults-Only Hotel Profitability and Adults-Only Hotel Startup Costs .

Once we achieve profitability, we will consider additional revenue streams, such as the acquisition of similar properties in other locations, and strategic partnerships with leisure and tourism businesses to drive brand awareness and customer loyalty. To help with the development and execution of an effective business strategy, make sure to check out these examples of an Adults-Only Hotel SWOT Analysis , Adults-Only Hotel Business Model Canvas , and Adults-Only Hotel Business Plan .

4. Adult-Only Hotel

Adult-Only Hotel

Are you considering opening an adult-only hotel in the US? This niche business model offers a lucrative opportunity for entrepreneurs seeking to cater to the growing demand for luxury travel experiences among adults. By focusing on high-end amenities such as spa treatments, fine dining, and exclusive access to local events and attractions, adult-only hotels can attract a discerning clientele looking for a romantic getaway or a more sophisticated travel experience. To learn more about how to open an adult-only hotel, visit this link .

When it comes to profitability, the potential market size for an adult-only hotel in the US is substantial. With a well-executed business model that optimizes occupancy and maximizes revenue through upsells and premium features, adult-only hotels can generate significant income. To understand the potential profitability of an adult-only hotel, check out this resource . As for startup costs, the amount required to launch an adult-only hotel can vary depending on location and scale, but it's essential to have a clear understanding of the financial investment needed. For insights into startup costs, visit this link .

Building a successful adult-only hotel takes time and strategic planning. It's important to develop a robust business model that accounts for market reach, awareness, and revenue streams. To help with this process, consider using a business model canvas to visualize the key elements of your business model. For an example of an adult-only hotel business model canvas, take a look at this resource . Additionally, conducting a SWOT analysis can provide valuable insights into the strengths, weaknesses, opportunities, and threats of your adult-only hotel business. For an example of an adult-only hotel SWOT analysis, check out this link . Lastly, a well-crafted business plan is essential for outlining the strategic direction and operational details of your adult-only hotel. To access a sample business plan for an adult-only hotel, visit this resource .

5. Adventure Gear Rental

Adventure Gear Rental

Introducing Adventure360, a dynamic adventure gear rental company based in Denver, Colorado. Our goal is to deliver affordable and convenient adventure gear rental services to adventure enthusiasts and outdoor enthusiasts in the US. As a pay-per-use rental company, we provide flexible pricing options and offer additional services like delivery, setup, and sales of complementary items like snacks, water, and maps. To learn more about the costs of starting an Adventure Gear Rental business, check out this Adventure Gear Rental Startup Costs resource.

Our primary customers are adventure enthusiasts and outdoor enthusiasts who love exploring nature and experiencing exciting outdoor activities. Our value proposition lies in our ability to provide a hassle-free rental experience and flexible pricing that caters to our customers' needs. We aim to build a loyal customer base by offering repeat rental discounts and referral programs, as well as providing excellent customer service. For more insights on the profitability of an Adventure Gear Rental business, take a look at this Adventure Gear Rental Profitability resource.

To reach our target audience, we will leverage online and offline rental booking platforms, social media marketing, and partnerships with travel agencies and tour operators. Our focus on customer service will create strong relationships with our customers and incentivize their loyalty. If you want to learn more about business plans and strategies for an Adventure Gear Rental business, you can find a comprehensive Adventure Gear Rental Business Plan on FinModelsLab.

6. Adventure Golf Course

Adventure Golf Course

Are you looking to start a unique and exciting business in the heart of Orlando, Florida? Adventure Golf Course Inc. offers an opportunity to tap into the thriving market for family-friendly entertainment. With a focus on providing an immersive experience for customers of all ages, our themed miniature golf course is designed to attract both locals and tourists, making it a must-visit destination in Orlando. To learn more about how to open Adventure Golf Course, check out this helpful guide .

With potential revenue of $1,200,000 in the first year of operation and a net profit of $500,000, Adventure Golf Course Inc. offers a lucrative business opportunity. However, starting a business like this requires careful planning and financial investment. To get an idea of the startup costs involved and the potential profitability of this venture, take a look at this detailed analysis on Adventure Golf Course.

For startup founders and business owners interested in developing a strategic plan for Adventure Golf Course Inc., it's important to consider the business model canvas and a SWOT analysis. These tools can provide valuable insights into the structure and potential challenges of the business. To access a business model canvas example and a SWOT analysis example tailored to Adventure Golf Course, visit the following links: SWOT analysis and business model canvas . Additionally, for a comprehensive business plan sample, check out this resource .

7. Adventure Hotel

Adventure Hotel

Are you an adventure enthusiast with a passion for the great outdoors? Then Adventure Hotel is the business idea for you. Our startup company aims to provide accommodation and outdoor activities to adventure seekers and travelers looking for a memorable experience. With the potential market size for this business idea in the US estimated at over $700 million, there is a huge opportunity for growth and profitability. If you're interested in opening an Adventure Hotel, check out this guide on how to get started .

With an estimated startup cost of $2 million, Adventure Hotel provides an exciting business opportunity for entrepreneurs looking to invest in the travel and tourism industry. The potential for profitability is high, with the opportunity to generate a return on investment (ROI) of 20% within the first three years of operation. If you're curious about the profitability potential of Adventure Hotel, take a look at our analysis.

Building an Adventure Hotel business takes time and careful planning. However, with the right business model and strategy in place, you can establish a successful and profitable venture. If you're looking for a business model canvas example or a SWOT analysis example to help you get started, we've got you covered. Our comprehensive business plan sample can also guide you through the process of building your own Adventure Hotel.

8. Adventure Park

Adventure Park

Adventure Park USA is an exciting new business venture that will offer thrilling outdoor activities and experiences to adventure seekers, families, tourists, and groups. With a primary goal of becoming the leading adventure park in the region, Adventure Park USA aims to capitalize on the growing demand for adventure-based recreational activities in the US. To learn more about how to open Adventure Park, check out this helpful guide .

The financial and funding goals for Adventure Park USA include raising $2 million to cover the cost of land acquisition and maintenance, equipment purchase and maintenance, payroll, marketing, and insurance costs. If you're interested in understanding the startup costs for opening an adventure park, you can find more information here . The park's revenue strategy will include entrance fees, activity fees, merchandise sales, food and beverage sales, and equipment rentals. For insights on the potential profitability of an adventure park business, check out this resource .

Adventure Park USA will be located in Denver, Colorado, and aims to provide a memorable and engaging experience in a natural setting. To achieve this goal, the park will focus on providing safe and exciting activities, maintaining high-quality equipment and facilities, and ensuring excellent customer service. If you're interested in exploring a business model canvas example or a SWOT analysis example for an adventure park business, you can find helpful resources here and here . For a comprehensive business plan sample, click here .

9. Adventure Race

Adventure Race

Introducing Thrillseeker Adventures, Inc., the premier adventure race company based in Denver, Colorado. Our mission is to provide physically and mentally challenging races that offer unique and enjoyable experiences for participants, as well as the opportunity to connect with others in the adventure community. With a focus on providing top-notch events, training programs, equipment rental, and merchandise sales, Thrillseeker Adventures, Inc. is set to become the leading adventure race company in the US. Learn more about the potential market size for this business idea by visiting How to open Adventure Race .

Seeking $300,000 as seed funding, we aim to cover the initial setup costs of approximately $500,000. With projected revenues of $1 million in the first year, increasing to $5 million in the third year, the financial potential for Thrillseeker Adventures, Inc. is significant. To understand more about the profitability of an adventure race business, check out Adventure Race Profitability .

In conclusion, Thrillseeker Adventures, Inc. is on a mission to transform the adventure race industry in the US, creating opportunities for growth and success. For more information on adventure race startup costs, business model canvas, SWOT analysis, and business plan samples, visit Adventure Race Startup Costs , Adventure Race Business Model Canvas , Adventure Race SWOT Analysis , and Adventure Race Business Plan .

10. Adventure Room

Adventure Room

Welcome to the Adventure Room Business Plan, a top-tier business plan built for startup founders and business owners who are seeking to venture into the adventure room industry in the US. Our proposed business model canvas is designed to provide you with a clear framework that outlines the essential components of a successful adventure room business. If you are interested in opening an adventure room, you can find a step-by-step guide on how to open one here .

Our proposed company name is 'Adventura,' and we plan to operate in California's Silicon Valley region, specifically in the city of San Francisco. Our primary services will include a unique and exciting adventure room experience with various themes and difficulty levels, offering team building exercises and catering services to customers. If you are interested in the profitability of the adventure room business, you can find more information here .

Our business's key resources will include an adventure room facility, themed and challenging puzzles, catering partners, and transportation partners. Our key activities will consist of room preparation, customer service, marketing, and promotion. You can find examples of Adventure Room SWOT Analysis, Business Model Canvas, and Business Plan templates here , here , and here .

11. Adventure Sports E-Commerce

Adventure Sports E-Commerce

Are you a passionate adventure sports enthusiast looking to turn your love for the great outdoors into a thriving business? Look no further than Adventure Hub! Our comprehensive market analysis has shown that the Adventure Sports E-Commerce market in the US is a lucrative industry with a potential market size of over $20 billion. With the right business plan and strategy, there is a huge opportunity for success in this industry. Find out how to open Adventure Sports E-Commerce and take advantage of this exciting market now!

Starting Adventure Hub will require an initial investment of $1.5 million to fund equipment purchases, personnel hiring, and marketing efforts. However, the potential return is substantial, with the goal of achieving gross profits in excess of 50% within the first three years of operation. To understand the financial aspects of starting an Adventure Sports E-Commerce business, check out our detailed breakdown of Adventure Sports E-Commerce startup costs and learn about the potential profitability of this venture from our analysis of the industry.

If you're ready to dive into the world of Adventure Sports E-Commerce, Adventure Hub is here to guide you every step of the way. Get started with a comprehensive business model canvas and SWOT analysis to develop your strategy and understand your market. Click here for an example of an Adventure Sports E-Commerce business model canvas , and here for a detailed SWOT analysis . Take the first step towards success and explore our Adventure Sports E-Commerce business plan sample to see how you can turn your passion into a profitable venture.

12. Adventure Sports Hotel

Adventure Sports Hotel

Are you looking to capitalize on the growing demand for adventure sports experiences in the US? An Adventure Sports Hotel could be the perfect business opportunity for you. By offering high-end services, accommodations, and recreational activities, you can attract adventure enthusiasts looking for a luxurious and immersive experience. Leverage partnerships with prestigious sports equipment manufacturers, adventure guides, and local operators to provide guests with the necessary resources to engage in activities. Additionally, offering world-class spa, dining, and entertainment services can supplement the adventure sports experience.

With the potential market size for this business idea in the US, the profitability of an Adventure Sports Hotel is substantial. You can find more information on Adventure Sports Hotel Profitability to gain insights on the potential earnings. To get started, you can also learn about the startup costs and necessary investment amounts. Business model canvas, SWOT analysis, and business plan samples can be found on Adventure Sports Hotel SWOT Analysis , Adventure Sports Hotel Business Model Canvas , and Adventure Sports Hotel Business Plan .

Don't miss out on the opportunity to enter the adventure sports market with a premium pricing model. By providing a top-notch experience for adventure enthusiasts, you can generate substantial revenue while fulfilling the growing demand for immersive adventure sports experiences. Learn more about how to open an Adventure Sports Hotel on FinModelsLab to kickstart your entrepreneurial journey.

13. Adventure Sports Resort

Adventure Sports Resort

Are you ready to take on the challenge of launching an Adventure Sports Resort? Look no further than ThrillQuest Adventure Sports Resort in Park City, Utah. We offer a wide range of thrilling activities such as zip-lining, rock climbing, and river rafting, along with comfortable lodging and delicious dining options. Our goal is to become the go-to destination for adventure sports enthusiasts and thrill-seekers in the US, and we are committed to delivering exceptional customer experiences. To learn more about the potential market size for this business idea in the US, check out our how to open Adventure Sports Resort guide.

If you're curious about the financial side of things, the potential to make a profit is significant. We are seeking funding of $5 million to cover costs of property acquisition, construction, and equipment purchase, with the aim of achieving a return on investment of at least 15% within the first three years of operation. To get a better understanding of the startup costs and profitability of running an adventure sports resort, take a look at our Adventure Sports Resort Profitability and Adventure Sports Resort Startup Costs resources.

To successfully launch and operate ThrillQuest Adventure Sports Resort, we will be developing a comprehensive business plan and utilizing various strategies and tactics to achieve our business goals and financial objectives. If you're interested in examining a SWOT analysis, business model canvas, or business plan sample for an adventure sports resort, we have created resources specifically for you. Check out our Adventure Sports Resort SWOT Analysis , Adventure Sports Resort Business Model Canvas , and Adventure Sports Resort Business Plan for valuable insights and examples.

14. Adventure Supplies Store

Adventure Supplies Store

Introducing the Adventure Hub, an Adventure Supplies Store Business Plan startup that will be based in Seattle, Washington. The Adventure Hub will be offering premium and high-quality outdoor gear and equipment at competitive prices, catering to a broad range of activities such as camping, hiking, fishing, hunting, and other outdoor pursuits.

At Adventure Hub, we aim to provide our customers with exceptional customer service through our knowledgeable and friendly staff. We will also offer a seamless online ordering and delivery process to ensure a hassle-free shopping experience for our customers. Alongside our retail stores, we will also be partnering with excursion companies to offer package deals to further enhance our customer's outdoor experience. To learn more about the startup costs for an adventure supplies store, visit Adventure Supplies Store Startup Costs .

Our ultimate goal is to become the one-stop-shop for all adventure enthusiasts in the Pacific Northwest and beyond. We plan to achieve this by building a strong outdoor community and collaborating with influencers to market our products. To understand the profitability potential of an adventure supplies store, visit Adventure Supplies Store Profitability .

As for financial and funding goals, we aim to generate revenue through sales of adventure supplies and equipment online and in stores and revenue from partnerships with excursion companies. Our primary focus will be on strong financial performance, including profitability, sustainability, and growth. To achieve our financial and funding goals, we will be seeking investors that share our vision for Adventure Hub. To get a comprehensive business plan sample for an adventure supplies store, visit Adventure Supplies Store Business Plan .

15. Adventure Tour Company

Adventure Tour Company

After conducting extensive research and analysis of the adventure tour industry in the United States, we propose the launch of AdventureWise, an adventure tour company based in Denver, Colorado. Our company will offer customized and curated adventure tour packages for individual clients or groups of clients seeking a unique and unforgettable experience.

AdventureWise will partner with local experts and providers to offer a range of activities, including hiking, rafting, zip-lining, and camping. Our goal is to tailor each package to the specific needs and desires of our clients, ensuring they have an unforgettable adventure experience. Our primary channel for marketing and attracting new clients will be through social media and technology. We believe that leveraging these platforms will enable us to reach our target audience of customers seeking adventure tours within the United States.

At AdventureWise, we aim to create lasting relationships with our clients by personalizing their experience and ensuring their satisfaction with our services. Our key resources will include local partners and experts, technology and social media platforms, transportation, lodging, and food providers. Our revenue streams will come from charging clients a fee for the tour package. This fee will cover all expenses related to the activities, food, lodging, and transportation during the tour. Our cost structure will include expenses related to transportation, lodging, food, activities, marketing, and labor costs for employees. Our initial funding goal is $500,000, which will go towards setting up our operations, hiring employees, and marketing our services. Our financial goal for the first year is to generate $1 million in revenue, with a projected growth rate of 25% over the next three years. Adventure Tour Company Business Plan

16. Adventure Tourism

Adventure Tourism

We are thrilled to present our new business idea, an adventure tourism company named 'Peak Adventures' located in the beautiful state of Colorado, USA. Peak Adventures will offer a range of adventurous activities and experiences, including hiking, camping, rock climbing, rafting, and zip lining, to customers seeking active and immersive holidays. How to open Adventure Tourism

Peak Adventures will provide its customers with a comprehensive package of activities, accommodation, and transportation. Our adventure package will offer personalized and engaging experiences, exceptional customer service, and unique and high-quality adventures led by skilled and qualified guides. Adventure Tourism Startup Costs

At Peak Adventures, our primary goal is to provide customers with memorable and authentic experiences that exceed their expectations. We aim to develop long-term relationships with our customers, local suppliers, and tour operators, resulting in repeated and loyal customers and increased revenue streams. Peak Adventures' financial goals are to achieve profitability within the first two years of operation, generate a minimum of $500,000 in revenue, and obtain a 20% market share within our first five years of operation. Adventure Tourism Profitability

For funding, we plan to secure a $500,000 loan from a bank or private investor, which will cover our initial expenses such as salaries, transportation, and accommodation costs, marketing and advertising expenses, and the cost of developing and designing unique adventure experiences. We are excited to begin our journey and provide customers with an unforgettable adventure tourism experience. Adventure Tourism Business Model Canvas

17. Adventure Travel Agency

Adventure Travel Agency

Welcome, adventurous travelers and business enthusiasts! We are thrilled to announce the launch of our Adventure Travel Agency, 'Off-Beaten Trails,' in Denver, Colorado. Off-Beaten Trails comes with a vision to provide the adventure-seeking travelers of the US with an exceptional experience of personalized and highly-tailored adventure trips with a focus on responsible and sustainable travel practices. Our team of experienced travel agents and strong network of local guides and operators will ensure our clients a unique and off-the-beaten-path adventure that cannot be found elsewhere. Learn how to open an Adventure Travel Agency

Off-Beaten Trails will offer a range of personalized adventure trips and experiences that will leave our clients awestruck. We will provide tailor-made packages to our clients based on their choices and preferences. We will incorporate outdoor activities like trekking, hiking, camping, rafting, rock-climbing and cycling in our packages. We will also provide cultural tours, wildlife and bird-watching tours, and marine tours to make the experience more opportune. Additionally, we will highly prioritize sustainable and responsible travel practices in all our services. Check out the Adventure Travel Agency Business Model Canvas

Our main business goals include providing exceptional adventure trips and experiences to our clients by a personalized and highly-tailored approach. We will strive to make our operations as eco-friendly as possible to maintain sustainable and responsible travel practices. We want to achieve customer satisfaction through regular communication and dedicated customer service throughout the trip planning process. Our ultimate goal is to become a leading adventure travel agency in the US by providing top-notch service and unique experiences to our clients. Find the Adventure Travel Agency SWOT Analysis here

Off-Beaten Trails aims to reach a revenue of $1.5 million in the first year of our operations with an average of 100 clients per month. We plan to charge a premium for our highly personalized adventure trips and experiences and expect a revenue of $5,000 per client on average. We will have a cost structure of $1,200 per client, including staff salaries, marketing and advertising expenses, travel-related expenses, and technology costs. Additionally, we will need to invest a considerable amount in setting up our office, marketing and advertising, and technology requirements. We aim to secure funding of $500K in the form of a combination of loans and equity investments to meet our financial needs. Download a sample Adventure Travel Agency Business Plan

Off-Beaten Trails is set to become a top-tier adventure travel agency in the US by providing highly personalized, tailor-made trips, and experiences. We aim to deliver experiences that will leave our clients awestruck and provide them with an opportunity to explore unique, off-the-beaten-path destinations with a focus on sustainable and responsible travel practices. With our experienced travel agents, strong network of local guides and operators, and a passion for adventure, we are confident in delivering a service that will stand out in the adventure travel industry. Discover the profitability of an Adventure Travel Agency

18. Adventure Travel Company

Adventure Travel Company

Are you passionate about adventure and travel? Do you dream of creating unforgettable experiences for thrill-seeking travelers? An adventure travel company in the US could be the perfect business opportunity for you. By acting as an intermediary between consumers and various travel service providers, you can offer customized adventure travel packages that cater to outdoor enthusiasts, eco-tourists, and adrenaline junkies. With a commission-based revenue model, every adventure package sold means profit for your business. Partnering with local travel companies, accommodation providers, and outdoor activity organizers will allow you to offer unique and exciting customer experiences. The potential market size for this business idea in the US is substantial, with the outdoor recreation economy generating over $427 billion in consumer spending annually.

If you're wondering about the financial potential of starting an adventure travel company, you can learn more about it here . Startup costs for this type of business may vary, but you can get an idea of the potential expenses involved here . Building a successful adventure travel company may take time, but with the right strategy and business model, you can create a thriving enterprise. You can find a business model canvas example for an adventure travel company here , as well as a SWOT analysis example here , and a business plan sample here .

19. Aeronautical Hotel

Aeronautical Hotel

Are you looking to break into the luxury hospitality market in the US? Consider opening an Aeronautical Hotel, a premium experience for high-end clientele. By offering private jet services, personal concierge, and curated experiences, you can cater to the exclusive tastes of your guests. Strategically located near airports, these hotels also provide amenities such as rooftop lounges or indoor/outdoor pools, attracting discerning travelers. Partnerships with private jet companies and event planners can ensure a steady stream of revenue, making the Aeronautical Hotel a lucrative business opportunity.

With the potential market size for this business idea in the US, the revenue could be substantial. Room rates, room service, and package deals for corporate events or weddings can bring in significant profits. In terms of startup costs, you can find detailed information on how much it costs to start an Aeronautical Hotel here . Additionally, you can explore a business model canvas example here , a SWOT analysis example here , and a business plan sample here .

If you're interested in learning more about the profitability of opening an Aeronautical Hotel, you can find valuable insights here . With the right approach and attention to detail, you can establish a successful Aeronautical Hotel in the US, offering a one-of-a-kind experience for luxury travelers.

20. Agritourism Hotel

Agritourism Hotel

Introducing Harvest Haven Agritourism Hotel in San Luis Obispo, California! Immerse yourself in a unique and authentic agricultural experience at our hotel, offering farm-to-table dining, educational classes, and the opportunity to participate in animal husbandry, crop harvesting, and food preparation activities. Our on-site restaurant serves seasonal farm-fresh ingredients and provides a rustic location for weddings and events. Join us at Harvest Haven to connect with nature, learn about sustainable farming, and indulge in delicious, locally-sourced cuisine.

Curious about the financial potential of opening an agritourism hotel? Learn about the revenue potential, startup costs, and profitability of this venture here . Reach your financial goals and secure funding for expansion plans with a comprehensive business plan and financial model. Click here to discover how to open an agritourism hotel and find a business model canvas example, startup costs, and more.

Explore a SWOT analysis example and a detailed business plan sample for an agritourism hotel here , and here . Maximize your business potential and make your vision a reality with Harvest Haven Agritourism Hotel!

21. Air-Filled Hotel

Air-Filled Hotel

Welcome to the future of luxury accommodations with Sky Suites . Our air-filled hotel in the heart of New York City, New York, will redefine the travel experience for guests seeking the ultimate in comfort and sophistication. With our state-of-the-art air filtration systems and advanced climate control technology, guests can rest assured that they will enjoy the highest level of comfort during their stay. In addition to our exclusive amenities and customized packages, Sky Suites will provide an unparalleled experience for travelers looking for something truly extraordinary. Learn more about how to open an air-filled hotel here .

As a startup founder or business owner, the potential market size for an air-filled hotel in the US is significant. According to industry reports, the average revenue for a luxury hotel in the US is approximately $214,000 per room annually. The startup costs for launching an air-filled hotel are estimated at $10 million, with a projected break-even point within the first two years of operation. Learn more about the profitability of an air-filled hotel here , and the startup costs here .

To help you get started, we recommend using a business model canvas to outline your strategy and a SWOT analysis to evaluate your business's strengths, weaknesses, opportunities, and threats. Find examples of an air-filled hotel business model canvas here and a SWOT analysis here . You can also access a comprehensive business plan sample to guide you through the process of launching your own air-filled hotel here .

22. Airport Hotel

Airport Hotel

Are you considering opening an airport hotel in the US? This business model could be a lucrative opportunity, with a potential market size of over $20 billion in annual revenue. To learn more about how to open an airport hotel, check out this helpful guide here .

When it comes to the potential profitability of an airport hotel, you might be wondering how much you can make. The typical annual revenue for an airport hotel in the US ranges from $2 million to $10 million depending on location and size. To see a breakdown of airport hotel profitability, visit this link here .

Curious about the startup costs for an airport hotel? The initial investment to start an airport hotel can range from $5 million to $50 million , depending on factors such as location, amenities, and branding. For a detailed overview of airport hotel startup costs, you can find more information here .

For a comprehensive analysis of the business model, SWOT analysis, and a business plan sample for an airport hotel, you can find examples and templates at the following links: - Airport Hotel Business Model Canvas - Airport Hotel SWOT Analysis - Airport Hotel Business Plan

23. Airstream Hotel

Airstream Hotel

Introducing the latest trend in luxury accommodation - Airstream Hotels . Imagine owning a boutique hotel chain nestled in premium outdoor locations like national parks and seaside getaways. This business idea caters to the growing demand among Millennials, adventure-seekers, and digital nomads for unique and experiential lodging. Each location will feature distinctively designed and furnished luxurious Airstream trailers, offering guests a one-of-a-kind stay. With a focus on marketing, branding, in-house concierge services, and curated experiences, this venture promises to be a lucrative investment.

Curious about the potential market size for Airstream Hotels ? Wondering about the profitability, startup costs, and timeline for building this business? Look no further! We've got you covered with comprehensive resources on how to open Airstream Hotel , Airstream Hotel Profitability , Airstream Hotel Startup Costs , Airstream Hotel SWOT Analysis , Airstream Hotel Business Model Canvas , and Airstream Hotel Business Plan . Dive into these details and take the first step towards making your Airstream Hotel dream a reality!

24. Animal Hotel

Animal Hotel

As a top-tier business consultant, I would like to present a comprehensive business plan for the Animal Hotel Business to be launched in 2023. The company will be headquartered in Seattle, Washington, and will cater to pet owners in the state by offering easy and convenient temporary accommodation options for their furry friends. If you are interested in starting an Animal Hotel, you can find a detailed guide on how to open an Animal Hotel .

The potential market size for this business idea in the US is substantial, with over 67% of households owning at least one pet. The Animal Hotel Business aims to tap into a growing market segment with significant revenue potential. Find out more about the profitability of an Animal Hotel.

The business model is designed to produce a steady stream of recurring revenue, with the primary financial goal being to break even in the first year of operation. The funding goal of the company is to raise $500,000 to acquire the necessary equipment, hire staff, and carry out marketing activities. For a detailed breakdown of the startup costs for an Animal Hotel, you can refer to this article on our website.

If you are interested in examining the business model canvas and a SWOT analysis for an Animal Hotel, you can find examples on our website. These tools will help you understand the key components of the business and analyze its strengths, weaknesses, opportunities, and threats.

In conclusion, the Animal Hotel Business aims to provide high-quality, professional pet care and temporary boarding services to pet owners in Washington through a robust and sustainable business model. The proposed business plan provides an actionable road map for entrepreneurs looking to enter the pet care market while catering to the evolving needs of pet owners in the US. You can find a comprehensive business plan sample for an Animal Hotel on our website.

25. Animation Hotel

Animation Hotel

Introducing the next big innovation in the hospitality industry - the Animation Hotel. This unique luxury resort is designed to offer an unparalleled entertainment experience for individuals and families alike. Imagine staying in a world-class facility that features state-of-the-art animation studios, cutting-edge virtual reality experiences, interactive exhibits showcasing the latest advancements in animation technology, and exclusive access to entertainment industry events. The Animation Hotel will not only provide top-tier accommodations but also offer customized animation workshops, tours of nearby production studios and museums, and a variety of ancillary services such as dining, transportation, and retail sales. This business idea presents a lucrative opportunity to tap into the growing demand for immersive entertainment experiences, making it a potentially profitable venture for savvy entrepreneurs.

The US market for an Animation Hotel is ripe for the picking, with the potential to generate significant revenue through room bookings, event packages, and ancillary services. According to industry reports, the average revenue per available room (RevPAR) for luxury hotels in the US was approximately $194 in 2019. This presents a substantial earning potential for the Animation Hotel, given its unique offerings and premium experience. When it comes to startup costs, a comprehensive business plan and financial model are essential for understanding the investment required. For a detailed breakdown of the startup costs and profitability analysis, check out the resources provided below.

Ready to turn this innovative business idea into reality? Start by exploring a business model canvas, SWOT analysis, and a comprehensive business plan to guide you through the process. These invaluable tools can help you visualize the key aspects of your business, assess its strengths, weaknesses, opportunities, and threats, and create a roadmap for success. Don't miss the chance to delve into the specifics of opening an Animation Hotel and uncover the potential it holds by clicking on the links below:

  • How to open Animation Hotel
  • Animation Hotel Profitability
  • Animation Hotel Startup Costs
  • Animation Hotel SWOT Analysis
  • Animation Hotel Business Model Canvas
  • Animation Hotel Business Plan

26. Animation Resort

Animation Resort

Are you ready to revolutionize the theme park and hospitality industry? Introducing Animate Resort, the ultimate destination for families, animation enthusiasts, and theme park goers. Located in the heart of Orlando, Florida, our unique combination of an amusement park and a hotel offers a variety of animation-themed rides and attractions, character meet-and-greets, interactive experiences, live shows, multiple dining options, themed accommodations, and a gift shop. With an initial investment of $50 million, including $30 million in loans and $20 million in equity investments, we aim to reach breakeven in the second year of operation and generate a profit of $15 million annually.

Our primary goal is to create a one-of-a-kind immersive experience that will attract visitors from all around the US and the world. With a strong emphasis on customer experience, personalized service, and loyalty programs, Animate Resort is well-positioned to build a loyal fan base and generate a substantial profit. We are confident that our business model, as exemplified in our business model canvas example , and our SWOT analysis example , will ensure the success of our venture. To learn more about the potential market size for this business idea in the US, check out our Animation Resort Profitability .

If you are interested in opening your own Animation Resort, visit our detailed guide on how to open Animation Resort and learn about the startup costs involved. Additionally, we offer a comprehensive business plan sample to help you get started on your journey to creating a successful and profitable animation-themed resort.

27. Armed Forces Hotel

Armed Forces Hotel

Armed Forces Hospitality Inc. is a startup hotel business that will operate as a government contractor, providing lodging and other services to military personnel and their families in the United States. Our headquarters will be located in Washington DC, with operations spanning across the country to cater to the needs of our customer segment.

Our primary product & service will be providing clean, safe, and comfortable accommodations for service members and their families at locations throughout the country, along with additional amenities such as on-site dining, fitness facilities, and recreational activities. We will work hard to foster a sense of community among our guests and provide them with high-quality, reliable services at a competitive price while adhering to all relevant regulations and contractual requirements.

Our financial goal is to generate a steady stream of revenue from government contracts and achieve profitability within the first two years of operation. We plan to obtain funding through venture capitalists, angel investors, and government grants to support our startup costs and operational expenses. For more information on how to open Armed Forces Hotel, visit here.

Our main focus is to develop a comprehensive business plan that details all aspects of our business, including our market analysis, marketing strategy, financial projections, and operational plan. We will ensure that our business plan adheres to the highest standards of accuracy and professionalism while showcasing the potential of our business to investors and stakeholders. For a sample business plan for Armed Forces Hotel, visit here.

28. Art Hotel

Art Hotel

Looking to open an Art Hotel in the US? Partnering with local artists to feature their works throughout the hotel can provide guests with a unique and creative experience. The hotel can offer art tours, workshops, and events to showcase the art and provide guests with the opportunity to engage with the artists. Revenue can also come from commission on sales of the artwork and increased room rates for the themed guestrooms, all while supporting the local arts community. Learn how to open Art Hotel

A popular and profitable business model for Art Hotels in the US is partnering with local artists to feature their works throughout the hotel. The potential market size for this business idea in the US is significant, with art-focused tourism on the rise. For more information on the potential profitability of an Art Hotel, you can find out more here .

With the potential for high profitability, it's important to consider the startup costs for opening an Art Hotel. The costs to start can vary, with real-life examples and breakdowns available here . Additionally, you can find a business model canvas example, a SWOT analysis example, and a business plan sample specifically tailored for an Art Hotel at the following links: Art Hotel SWOT Analysis , Art Hotel Business Model Canvas , Art Hotel Business Plan .

29. Artistic Hotel

Artistic Hotel

Introducing the Artistic Hotel Business Plan, a unique startup idea that aims to offer high-end travelers a personalized and immersive experience in the United States. Our proposed hotel, located in Miami, Florida, will showcase local artists and their work throughout the premises, hosting art events and exhibitions, and offering tailored packages to our guests.

Our goal is to create a luxurious experience for our guests, offering premium pricing for our high-end services. We will seek funding through equity investments and venture capital, aiming to raise $5 million to finance the development of our hotel and initial operations. To learn more about how to open and the profitability of an Artistic Hotel, click here and here .

Our key resources include partnerships with local artists, event coordinators, and online reservation platforms. We will invest in luxurious amenities and exceptional customer service to create memorable experiences for our guests. To find examples of a business model canvas, a SWOT analysis, and a business plan sample for an Artistic Hotel, click here , here , and here .

30. Astronomy Hotel

Astronomy Hotel

Founded in 2023, the Astronomy Hotel is a unique hospitality experience that aims to provide guests with an unforgettable stargazing experience in the United States. Founded by a group of astronomy enthusiasts, the hotel aims to bring the beauty and wonder of the night sky to the masses through personalized services and engaging activities. If you're interested in opening an Astronomy Hotel , our comprehensive guide can help you get started on the right foot.

The Astronomy Hotel provides a one-of-a-kind stargazing experience to customers, with a focus on providing quality equipment and knowledgeable staff. In addition, the hotel offers a variety of activities including lectures, workshops, and guided stargazing sessions, led by experts in the field of astronomy. To learn more about the Astronomy Hotel profitability and startup costs, visit this link and this link .

The primary goal of the Astronomy Hotel is to establish itself as the premier stargazing destination in the United States. The hotel aims to break even within the first two years of operation and achieve profitability within the first five years, generating an annual revenue of over $20 million. To access a Astronomy Hotel SWOT analysis and business plan sample, visit this link and this link .

31. Battery Innovation

Battery Innovation

Are you ready to revolutionize the battery industry? Look no further than Volt Innovations, based in San Francisco, California. Our company specializes in the design and manufacture of high-performance, safe, and durable batteries. Whether you're a technology company, a government agency, or a hospital, we offer custom battery designs and licensing agreements to meet your specific needs. With our technical and customer support, you can trust in the reliable and optimal performance of our batteries.

Our goal at Volt Innovations is to establish ourselves as a leading battery manufacturer in the US, offering innovative and eco-friendly battery solutions to expand our reach and explore new markets. To achieve this, we are seeking $5 million in funding to support our research and development, manufacturing equipment, marketing and advertising, and overhead costs. We are committed to providing a strong return on investment (ROI) for our stakeholders and aim to achieve profitability within the first two years of operations.

If you're interested in learning more about the potential market size for battery innovation in the US, as well as how much you can make, how much it costs to start, and how long it takes to build, check out our detailed guide on opening a battery innovation business . You can also explore our profitability analysis , startup cost breakdown , SWOT analysis example , business model canvas example , and business plan sample to get a comprehensive understanding of the potential of this business idea.

32. Beach Hotel

Beach Hotel

Are you looking to break into the hospitality industry with a lucrative and exciting business venture? Consider opening a luxurious beach hotel that caters to both leisure travelers and event planners. With luxury accommodations, on-site dining and activities, and event space for weddings and corporate retreats, a beach hotel offers a wide range of revenue streams and opportunities for growth.

The market size for beach hotels in the US is substantial, with an annual revenue of over $19 billion. While the initial startup costs for such a venture can be significant, the potential for profitability is high, with average annual revenues reaching $3-5 million. With the right location and amenities, a beach hotel can quickly become a popular destination for both tourists and event planners.

If you're interested in exploring the idea further, you can learn more about how to open a beach hotel , the profitability of such a venture, the startup costs involved, as well as access to a SWOT analysis , business model canvas , and business plan examples to help guide your decision-making process.

33. Beach Resort

Beach Resort

Introducing Beachside Resort & Spa, a luxury beachfront vacation destination located in sunny Fort Lauderdale, Florida. Our resort offers premium hotel rooms and vacation rentals, ranging from cozy beach cottages to lavish suites, to cater to the needs of both short-term and long-term guests.

Our mission is to provide exceptional hospitality and customer service, offering personalized experiences based on our guests' preferences. We aim to create a full vacation experience, providing on-site amenities such as restaurants and spas, as well as water sports rentals and access to nearby tourist attractions.

As a startup business, our primary goal is to establish ourselves as a leading vacation destination in the area, generating a positive reputation and revenue stream through our high-quality services and exceptional customer satisfaction. We are seeking funding of $5 million to cover the costs associated with our pre-launch activities, such as property acquisition, construction and establishment of our resort, as well as marketing and promotional efforts to establish our brand and draw in customers. With the help of our key partners, including vacation rental platforms such as Airbnb and VRBO and local tourism offices for promotion and marketing efforts, we are confident in our potential to achieve our financial goals and establish ourselves as a leading vacation destination in the US. For more information on how to open a Beach Resort, Beach Resort Profitability, Beach Resort Startup Costs, Beach Resort SWOT Analysis, Beach Resort Business Model Canvas, and Beach Resort Business Plan, click on the respective links.

34. Biker Hotel

Biker Hotel

Introducing RoadPavilion Biker Hotel, the ultimate destination for bikers and motorcycle enthusiasts looking for an unforgettable travel experience. Based in Austin, Texas, our hotel will provide a unique combination of services and amenities, including secure motorcycle parking, on-site maintenance and repair, organized rides and tours, a bar and grill, a pool, a biker gear shop, and much more. In addition, we will offer packages that include tickets to local attractions and events, as well as hosting bike rallies and club meetups. With a goal of becoming the leading biker hotel in the US, we aim to build a community of loyal customers who return to our hotel year after year for their travel and adventure needs.

Our projected revenue for the first year of operation is $1,500,000, with an annual growth rate of 10-15%. To kickstart this exciting venture, we are seeking an initial funding of $750,000 to cover the costs of property acquisition, renovation, and startup expenses. With the expectation to break even within the first two years and become profitable by year three, RoadPavilion Biker Hotel presents a promising investment opportunity.

If you are interested in learning more about how to open a biker hotel, the potential profitability of this business idea, the startup costs involved, or accessing essential business analysis tools such as SWOT analysis and business model canvas, visit the following links: How to open Biker Hotel , Biker Hotel Profitability , Biker Hotel Startup Costs , Biker Hotel SWOT Analysis , Biker Hotel Business Model Canvas , Biker Hotel Business Plan .

35. Board Game Hotel

Board Game Hotel

Are you looking for a unique and profitable business idea? Consider opening a Board Game Hotel! One potential business model for a board game hotel could be a pay-as-you-go café format. Typically, customers would come in and purchase food and drink while renting board games to play while they are there. The hotel would have a pricing structure in place based on the number of people in a group and the amount of time they spend playing. The hotel would likely make the most profit from food and drink sales, with the game rentals serving as an additional source of income. Additionally, the hotel could offer special events and tournaments to attract customers and promote the use of the hotel as a community gathering place. Want to learn more about how to open a Board Game Hotel? Check out this guide .

But just how profitable is a Board Game Hotel? It's important to consider the potential market size for this business idea in the US, and the real-life amounts you can make from it. For information on the profitability of a Board Game Hotel, take a look at this analysis . If you're curious about the startup costs for such a venture, you can find valuable information here .

Before diving into this business venture, it's essential to have a clear plan in place. You can get a sample of a Board Game Hotel Business Model Canvas here , and a full business plan sample here . Additionally, conducting a SWOT analysis is crucial for understanding the strengths, weaknesses, opportunities, and threats of a Board Game Hotel. You can find a comprehensive SWOT analysis example here . With the right tools and information, you can turn your dream of opening a Board Game Hotel into a successful reality.

36. Board Game Themed Hotel

Board Game Themed Hotel

Welcome to the future of hotel entertainment with D20 Hotel, the Board Game Themed Hotel opening in Seattle, Washington in 2023. Our unique and fun hotel experience is designed to appeal to families, groups of friends, and individual gamers alike. With a variety of board games and a pay-per-play model for game access, guests will enjoy hours of entertainment alongside food and drink options while they play. Find out how you can open your own Board Game Themed Hotel here .

At D20 Hotel, our primary goal is to cater to the growing demand for board games and gaming-related activities. With a potential market size of over $11 billion in the US, our unique and welcoming hotel experience is set to make its mark. Discover the profitability of a Board Game Themed Hotel here .

To launch and sustain your own Board Game Themed Hotel, you will require significant funding. With a startup cost of approximately $2 million to cover initial expenses, it's essential to have a solid business plan in place. Get an example of a Board Game Themed Hotel Business Model Canvas here , a SWOT analysis example here , and a business plan sample here .

37. Boat Tour

Boat Tour

Introducing SeaQuest Tours, LLC, the premier boat tour company based in the beautiful city of Miami Beach, Florida. Offering a variety of tour options, including sunset tours, wildlife tours, and historical tours, SeaQuest Tours aims to provide an unforgettable experience for both tourists and locals. With exceptional customer service, knowledgeable tour guides, and high-quality amenities on board, such as snacks, drinks, and restrooms, SeaQuest Tours is committed to creating a positive and memorable experience for each customer.

SeaQuest Tours has set ambitious business goals, including establishing itself as the top boat tour company in the local area, achieving revenue of $500,000 in the first year of operations, and increasing revenue to $1 million by the third year. To reach these goals, SeaQuest Tours is seeking funding to cover startup and operational costs, and has a clear plan to use this funding to purchase and maintain a fleet of boats, hire and train tour guides, and launch a marketing campaign to attract customers. (How to open Boat Tour)

If you're considering entering the boat tour industry, it's essential to understand the potential market size and profitability of the business. SeaQuest Tours is poised to capture a significant share of the market, with the potential to generate substantial revenue. For more information on the profitability of boat tours and startup costs, you can refer to Boat Tour Profitability and Boat Tour Startup Costs . To get a clear understanding of the business model and a comprehensive SWOT analysis, you can access Boat Tour SWOT Analysis and Boat Tour Business Model Canvas . Additionally, if you require a sample business plan, you can download the Boat Tour Business Plan .

38. Boat Trip

Boat Trip

Are you ready to make a splash in the boating industry? Introducing a pay-per-use boat rental service that offers a wide variety of boats for different durations and destinations. From sleek speedboats for a day of excitement on the water to luxurious yachts for a weekend getaway, our boat trip rental service provides customers with the freedom to explore the open seas at their leisure.

With the boating industry in the US generating approximately $42 billion in annual revenue, the potential market for a pay-per-use boat rental service is vast. For entrepreneurs looking to capitalize on this lucrative opportunity, our how-to guide provides a comprehensive roadmap for launching a successful boat trip business. In addition, our business model canvas example , SWOT analysis example , and business plan sample offer valuable insights for developing a winning strategy.

With the potential for high profitability and relatively low startup costs, a boat trip rental service is an attractive business opportunity. Our profitability analysis reveals the earning potential of this venture, while our startup cost breakdown provides a clear picture of the initial investment required. Whether you're a seasoned entrepreneur or a first-time business owner, the boat trip rental service offers an exciting pathway to success in the boating industry.

39. Body Contouring Clinic

Body Contouring Clinic

Are you ready to tap into the booming beauty and wellness industry? Look no further than Body Contouring Clinic , a pay-per-session clinic offering a variety of non-invasive and minimally invasive procedures to help clients achieve their desired body shape. With the increasing demand for non-surgical body contouring solutions, now is the perfect time to capitalize on this trend and start your own clinic.

According to recent market research, the body contouring market in the US is expected to reach a value of $3.9 billion by 2027. With such a lucrative market size, the potential for profit in this business is substantial. If you're wondering how much you can make and the startup costs involved, check out our detailed resources on Body Contouring Clinic Profitability and Body Contouring Clinic Startup Costs .

For a comprehensive guide on how to open a body contouring clinic, including a business model canvas example, SWOT analysis example, and a business plan sample, visit How to open Body Contouring Clinic . Take advantage of our resources to kickstart your entrepreneurial journey in this thriving industry.

40. Body Contouring Clinic

Are you passionate about helping people achieve their dream body shape? Open a Body Contouring Clinic and make a difference in people's lives. Our pay-per-session clinic will offer a variety of non-invasive and minimally invasive procedures to help clients achieve the body they've always wanted. With the growing demand for body contouring procedures in the US, now is the perfect time to get into this lucrative industry. You can learn more about how to open a Body Contouring Clinic here .

Wondering about the potential profitability of a Body Contouring Clinic? With the average price per session ranging from $200 to $3,000 and the market size in the US reaching $9.5 billion, the earning potential is significant. To learn more about the profitability of a Body Contouring Clinic, you can check out this detailed article here .

Curious about the startup costs and the process of building a Body Contouring Clinic? The startup costs can range from $150,000 to $350,000, and the time it takes to build can vary depending on your location and other factors. You can find more information about the startup costs here . Additionally, you can access a business model canvas example, SWOT analysis example, and a business plan sample specific to a Body Contouring Clinic here , here , and here respectively.

41. Book Hotel

Book Hotel

After conducting thorough research and analysis on the hotel booking industry in the US, we are excited to introduce the Book Hotel Business startup in Orlando, Florida, set to open in 2023. Our business will operate under the Online Travel Agency (OTA) model, which has proven to be a widely popular and demanded business model in the US for booking hotels. Our cost structure will comprise marketing and technology development costs. Our online marketing efforts will be focused on search engine optimization, social media marketing, and paid advertising. As for technology development, we'll be continually upgrading our platform and refining our algorithms to better serve our customers. If you want to learn more about how to open Book Hotel, check out this resource .

Book Hotel's value proposition is to provide a convenient and cost-effective way for travelers to compare prices and book hotel rooms online. This model has been proven to be effective and has resonated with travelers who demand a seamless and simplified booking process. Our target customers will be travelers looking to book hotel rooms, ranging from millennials to baby boomers. Book Hotel's business goal is to become the go-to OTA for hotel bookings in the US. To understand the potential profitability of Book Hotel, you can take a look at this resource .

Our revenue streams will be generated by charging hotels a commission on each booking made through our platform. This commission will cover the cost of our operations as well as further investment in online marketing and sophisticated algorithms to personalize the search process and recommend hotels based on the user's preferences and history. In terms of funding, we are seeking $2 million in seed funding to cover initial development costs, marketing efforts, and operational expenses. If you want to get a better sense of Book Hotel's startup costs, you can find more information here .

Our main resources will be our online platform and technology. As for key partnerships, we will be working closely with hotels to ensure that we provide the best possible booking experience for our customers. We will also forge partnerships with online marketing firms and other companies that can help us reach our target customers and enhance our online presence. To get a clear idea of Book Hotel's business model and its SWOT analysis, you can refer to these SWOT analysis and business model canvas examples.

42. Architectural

Architectural

Introduction: We are thrilled to present our business plan for the establishment of an architectural firm, named 'DesignWave' in Los Angeles, California in 2023. With the increasing demand for architectural services in the United States, we aim to provide high-quality design, project management, and construction documentation services to our commercial and high-end residential clients. Our team of experienced architects, project managers, and construction professionals are determined to exceed our clients' expectations by delivering timely and budget-conscious projects. How to open Architectural

Product and Services: DesignWave is dedicated to providing full-service architectural services, including design, project management, and construction documentation necessary for the successful completion of building or renovation projects. Our portfolio of services comprises building and landscape architecture, interior design, sustainable design, and feasibility studies for new projects. We believe designing and building projects that are functional, aesthetically pleasing, and sustainable is crucial for the success of our clients' projects. Our company will ensure that we stay up-to-date with technological and industry advancements related to architectural services, to provide the best solutions for our clients. Architectural Business Model Canvas

Business Goals: Our primary aim is to become a leading architectural firm in Los Angeles, California, by providing exceptional services and building a strong reputation for delivering on-time and on-budget projects. As we grow, our objective is to expand services in other states in the US, with the potential to expand globally. We want DesignWave to be synonymous with quality, innovation, and reliability in the architectural industry. Also, we are committed to promoting diversity and inclusion in support of our clients and employees. Architectural SWOT Analysis

Financial and Funding Goals: Our projected revenue for the first year of operation is $1.5 million, with an estimated profit margin of 25%. Our primary funding goal is to secure a $1 million loan from investors to cover operational expenses, rent, equipment, and employee salaries for the first year. Our projections for the first year of operation suggest that we can repay this loan in approximately two years. Our secondary financial goal is to explore revenue-generating opportunities, such as investing in real estate development or introducing new service offerings. Architectural Profitability

Conclusion: DesignWave aims to provide exceptional architectural services to our clients, delivering timely and budget-conscious projects while building a robust reputation for quality and innovation. With the right resources, partnerships, and funding, we are determined to achieve our business goals and reach new heights. Architectural Business Plan

10+ Best & Profitable Hospitality Business Ideas [2023]

Nick

By Nick Cotter Updated Feb 07, 2024

Image of hospitality business ideas

Our List of 10+ Best Hospitality Business Ideas:

Bed and breakfast, event planning, cleaning services, party planning, tour guide services, wedding venue business, travel agency.

Hey there, future entrepreneurs! You've decided to dive headfirst into the exciting and rewarding world of the hospitality industry, and we couldn't be more thrilled for you. The upcoming year, 2023, is ripe with opportunities for those with a keen eye and a passion for service. We know, the idea of starting your own business can be daunting, but that's why we're here! We're about to embark on a journey together, exploring the top-notch and most profitable hospitality business ideas for 2023.

Imagine yourself, a year from now, running a successful venture, making a difference in people's lives, and loving every minute of it. Sounds pretty amazing, right? Well, strap in because we're about to make that dream a reality. This article is more than just a list; it's a roadmap to your future success. We're going to delve into each business idea, discussing the potential profits, the challenges you might face, and how to overcome them. So, whether you're a seasoned business owner looking for your next venture, or a newbie ready to take the plunge, this article is for you.

Are you ready to turn your entrepreneurial dreams into reality? Great! Let's dive in and explore the 10+ best and most profitable hospitality business ideas for 2023!

A Bed and Breakfast is an inn that provides short-term lodging and typically includes breakfast. It is usually a small establishment and it is a great business idea as it offers:

  • Affordable lodging for travelers
  • Low overhead costs
  • Personalized customer service
  • Hosting events such as weddings, birthdays and more
  • Potential tax benefits

image of a Bed And Breakfast

Event Planning is a service that helps people coordinate, organize, and plan all the details for their special events. It is a good business idea because it offers a wide range of services from small to large scale events. Event planners can customize their services to meet the needs of their clients.

  • You can specialize in specific types of events such as weddings, corporate events, and more.
  • You can offer additional services such as rental of equipment, catering, and venue management.
  • You can charge a flat fee upfront or work on an hourly basis.
  • You get to be creative and help people create memories they will cherish for years to come

image of ZenBusiness logo

Examples of successful businesses:

The hospitality business industry is a wide-spanning sector encompassing restaurants, hotels, and other service-oriented businesses. Some of the most successful companies in this field are as follows:

  • Marriott International
  • Hilton Worldwide Holdings Inc.
  • InterContinental Hotels Group
  • Hyatt Hotels Corporation
  • Wyndham Hotels & Resorts, Inc.
  • Hard Rock International
  • Choice Hotels International Inc.
  • IHG Hotels & Resorts

A restaurant is a great business idea because it provides customers with a delicious and convenient way to eat, while offering entrepreneurs an opportunity to make money and establish a successful business. Restaurants can come in many different forms, ranging from small family-owned operations to large franchises. Some of the main benefits of owning a restaurant include:

  • The potential for high revenue growth
  • Ability to create a unique atmosphere
  • Opportunity to build customer relationships over time
  • Provide job security for staff members
  • Chance to take part in the local community

More resources:

Cleaning Services is a business that provides people with a variety of services, such as window cleaning, carpet cleaning, pressure washing, and more. Cleaning Services are often employed by businesses and residential homeowners to maintain their buildings. People may hire Cleaning Services when they need help with cleaning tasks that they don't have the time or resources to do themselves. The services provided by Cleaning Services can be invaluable for busy households or businesses that do not have the resources to clean their space properly.

  • Cleaning Services provide a variety of services such as window and carpet cleaning
  • Cleaning Services are often hired by businesses and residential homeowners to maintain their buildings
  • People may hire Cleaning Services when they don't have the time or resources to do cleaning tasks themselves
  • Services provided by Cleaning Services can be invaluable for busy households or businesses that don't have the resources to clean their space properly

Catering is a business that provides food service at events or special occasions. It can be a great business idea for anyone looking to provide a unique and memorable experience for their customers. Some of the advantages of starting a catering business include:

  • Low startup costs
  • High demand for quality catered services
  • Ability to charge higher prices due to uniqueness of offering
  • Flexible hours and locations

Related business ideas:

Party Planning is a business which specializes in organizing and hosting events, usually for special occasions or holidays. This type of business can be an enjoyable way to make money while taking advantage of the creative freedom that comes with planning unique events. The following are some reasons why Party Planning can make a good business idea:

  • Flexibility – Party Planners have the freedom to be as creative as they choose when creating an event.
  • Potential for Growth – A successful Party Planner can create a name for themselves and build a loyal customer base, leading to more opportunities for growth.
  • High Demand – With more people having celebrations and events, demand for professional planners is always high.
  • Excellent Customer Service – Good customer service skills go a long way in this field, and a successful planner knows how to make their customers happy.
  • Variety of Events – Every event is unique, which means no two parties will ever be the same.

A Tour Guide Services business helps people explore new places and learn more about their destinations. It’s a great business idea because it allows you to use your knowledge and passion for travel to help others have an incredible experience. Some of the benefits of running a Tour Guide Services business include:

  • You can set your own hours and be in control of how much money you make.
  • You can customize tours for customers based on their interests and needs.
  • You can provide valuable insights about the place that are not available elsewhere.
  • You can work with other industry professionals to create unique and memorable experiences.

A Wedding Venue Business is a business that rents out large event spaces to people looking to plan weddings, receptions, and other special events. The event space typically provides tables, chairs, and other supplies to accommodate different types of events. This type of business would make a great business idea because:

  • There is a high demand for event spaces by couples planning their wedding.
  • A wedding venue business could be diversified with offerings such as catering, decorations, and even live entertainment.
  • They can charge per service or by time rented.
  • The overhead costs involved with running this type of business are more predictable than many other businesses.

A travel agency is a business that can provide customers with a variety of services related to travel, including airline ticket booking, hotel and car rental reservations, cruises, and tours. Starting a travel agency business is an exciting idea for those who have a passion for exploring the world and helping others do the same. Here are some of the benefits of starting a travel agency business:

  • Flexible hours
  • Potential for increased profits
  • Increased customer satisfaction
  • Ability to work from home
  • Opportunities to network with other travel industry professionals

A hotel is a great business idea for anyone wanting to start their own business. It provides a steady stream of income from regular customers and can be a great investment. Here are some of the benefits of running a hotel:

  • An established customer base
  • Opportunities for additional services such as restaurants, spa treatments, and retail outlets
  • A reliable and consistent source of income
  • The potential to customize services depending on customer needs
  • The ability to build relationships with guests in order to maximize repeat business

More helpful resources about LLCs:

I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.

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30 Profitable Business Opportunities in Tourism Industry

hospitality and tourism business ideas

As technology continues to progress, travel is becoming more and more accessible to people from all over the world. The tourism industry has expanded, allowing individuals to capitalize on resources available creating streams of revenue where there were once none before. Here are ten profitable business opportunities in the tourism industry.

When it comes to the tourism industry, it is always a hotel or bed and breakfast idea , or it could be a cab service. Come on, the tourism industry hosts massive opportunities to earn revenue and establish your presence in the business world. So, why stick to the stereotypical business opportunities and not explore some of the unique ones? 

If you live in a tourism-inclined industry, you can observe tons of opportunities in your area. However, there is tough competition. For example, if you plan to start a motel., you can find at least hundreds of them in your town. Yes, that could be a total turn-off to your mind, and you need to brainstorm some more out-of-the-box ones. Hence, we have browsed, sorted, and presented a few of the innovative and profitable business ideas in the tourism industry. Let us go through them.

With the rise of free market hospitality services like AirBnB, the demand for non-traditional lodging has created a streamlined method for landowners to generate additional streams of revenue

For most travelers, having a secure place to sleep is the top and utmost priority when arriving in a new or foreign location. Sometimes a hotel room just won’t due; especially in regards to traveling with families or large parties. Landowners thus have the unique opportunity to offer up short-term leasing on homes, condos, apartments, even tree houses! Property rental can create a reliable stream of income, especially if you live in a city that sees a lot of tourism or have a unique property type to offer to the general public.

2. Ride-sharing

Companies like Uber and Lyft function as an excellent alternative to traditional shuttle and taxi systems. Even further, they offer up the opportunity for individuals to make money at their own pace.

When touring a new or unfamiliar region, being able to get around swiftly and comfortably is essential. The rise of ride-sharing benefits not only the general public but also individuals looking to earn additional income. Even further, because ride-sharing is such an interpersonal experience, you can use your knowledge and understanding of your environment to function as a buffer or tour guide, creating an additional stream of income!

3. Guided Tours

Who better to help someone get acquainted with and explore and new town or region then someone who has lived there for a substantial amount of time.

Even further, creating a business around the idea of guided tours takes very little capital to do. Those willing to start small can create a website and blog around a central theme like food or art and offer a guided tour around their city visiting central locations based on their chosen niche.

4. Open For Business

As travel becomes more accessible, the demand for local business has grown exponentially. This has opened the window wide for potential bar gurus, restaurateurs and business owners.

The time has never been better to open a bar, nightclub, restaurant or specialty doughnut shop. The different mixing pot of travelers has created opportunities for individuals from all walks of life with a plethora of different ideas to cash in on the ever-expanding market. Even further, the current push to integrate locality by larger brands and organizations has given an edge to local businesses as foreign and domestic consumers alike seek a more authentic experience in all forms of entertainment, service, and hospitality.

5. Luggage Delivery Service

Waiting around for luggage or even worse, forgetting a bag is every traveler’s worst nightmare. Luggage delivery services seek to make such problems a thing of the past.

Creating a luggage delivery service can be an inexpensive way to break into the tourism industry and offers several entry points. If you don’t have the capital or investors to start a full-fledged service, you can get in on the ground floor by launching a personal luggage delivery/recovery service. Managing a luggage delivery service usually entails picking up luggage at baggage claim and delivering it to the client, saving them the time and hassle of having to wait around for it or even worse, having to return for a bag the airport delayed.

6. Smile For The Camera

Social media continues to evolve making it easier for content creators to connect with their target audience. In the case of tourism, this creates a lucrative avenue for income.

The tourism industry is expansive and covers both sides of the spectrum — tourist visiting new areas and locals. Tourism’s duality creates multiple avenues to approach content creation. For instance, if you enjoy traveling, you could produce content centered around your travels. On the other side of the equation, locals can use their familiarity with the regions local hot spots as a means to attract tourist to the area and the content creator themselves.

7. Eco and Urban Tourism

Guided tours through both lush nature preserve and urban developments have become more and more popular creating another accessible form of income for those looking to making a profit in the tourism industry.

Those looking to profitable business opportunities in the tourism industry can add Eco and urban tourism to this list. This form of travel requires a reasonably low amount of capital to start. Even further, those with a penchant for photography can create an additional stream of income by generating content during tour outings.

8. Souvenir Shop

The rise of eCommerce has allowed the essence of brick and mortar specialty stores to thrive online.

Those looking to make a profit from home can set an online hub where they resell local specialty items allowing consumers to gain access to things that were once inaccessible. Even further, the diversity of the market (different regions) provides for a range of potential business owners to thrive.

9. Lost In Translation

Linguist looking to thrive in the tourism industry can leverage their abilities for consistent income in a variety of ways.

There are many opportunities available to those looking to profit in the tourism industry including translation work. A linguist can either place their services on the open market and work as private translators for tourist visiting foreign nations or seek employment with businesses trying to interface with international markets.

We have listed a couple of prominent companies in the language and translation industry for your reference. They have been providing invaluable information and innovative services in the global translation market, as follows:

  • Tomedes – Since 2007, they have been the leading translation company with a 98% customer satisfaction rate, promoting innovation through merging advanced technology with human expertise. They also regularly publish new articles on the latest trends and developments in the language industry on their translator’s hub.
  • Wordbank – They provide translation, localization, and marketing services to businesses worldwide. Their blog offers recent insights into the global marketing industry.
  • Wolfestone – They’re a UK-based agency that provides translation and language services. Like the other language service providers mentioned, they post blogs on the different trends and latest technologies in the market.
  • Future Group – Founded in 1994, their company has been offering content localization services for several years. Their blog consists of way localization can be used to improve user experience and customer interaction.

10. Event Organizer

Throwing welcoming parties, private events and mixers geared towards integrating locals with travelers can prove both beneficial socially and financially.

Social media has evolved to allow connections across the globe. It is this very network that a potential entrepreneur can create groups, forums, and content geared to connecting travelers with locals and the promotion of events geared towards familiarizing tourist with the area they’ve traveled too.

11. Start a Travel Booking App

Yes, you don’t need intensive capital to start a hotel or a resort in your town. If you are passionate about digital technology and love to create apps, you can invest your knowledge and some money in creating a travel booking app. It needs to be highly interactive, no doubts. You will need tremendous knowledge of coding, app design and development, and software to create an app. Yes, you might feel that you are going nowhere at some times, but if you set a vision, you can certainly do it. 

You might think that travel booking apps are an oversaturated market. But each country has hidden gems: excellent hotels and tourist destinations that many foreign travel booking apps miss. We have listed examples of local travel booking apps that you can examine and take note of when planning the development of your own app:

  • Deutsche Bahn (DB Navigator)  
  • Assistant SCNF

12. Start an Airbnb

Yes, this sounds like a typical tourism business, but we have Airbnb, and not the standard hotels found every corner. Airbnbs sound modern, are chic and reasonable and provide a different perspective of the city. If you love hosting and prefer to add a personal touch to your business, you should not start a hotel but invest in an Airbnb. 

This business will require a nice place where you can have rooms to stay. Add some pleasant activities for the guests and be the wonderful host you are as always. 

13. Become a Travel Blogger or Vlogger

Whenever you want to visit a place, what do you do? Yes, you might check the plane tickets or the route to reach that place. But in this digital age, you watch travel videos of those places. If you wish to become a travel blogger or vlogger, give your idea a good chance. You can do it, provided you have the enthusiasm and dedication to establish your digital presence and travel the whole world. 

You will need some good-quality equipment (the more hi-tech, the better-quality videos you can create). If you want to be a blogger, you will simply need the passion to write your travel stories and some technical knowledge to run your blog. 

14. Start a Customized Food Service

If you don’t have the capital to start a restaurant or a food truck, you can start a meal delivery service for the tourists coming to your city. For instance, some Airbnbs and homestays do not provide meals. You can tie up with such facilities and provide customized meals to them. If you have a specialization in culinary skills and your food menu is famous throughout the city, you can easily spread your business. 

However, you need to prepare meals as per client preferences. For instance, if they want gluten-free food or vegan food options, you can do it the way they want. The more variety and taste you can add to the meals, the more leads you can seek. 

15. Start an Eco-Friendly Homestay

If you have space in your hometown and want to start a sustainable business that saves planet earth and not just focuses on revenue generation, this business opportunity is for you. You can start a full-fledged homestay that has eco-friendly principles in place. You will need less capital, and if you promote it right, you can attract a lot of environment-conscious customers to your homestay. Since eco-tourism and a green lifestyle are becoming trends these days (and is also the need of the hour), you can focus your business venture on a noble initiative. 

16. Become a Travel Planner

Yes, we have party planners and event organizers, and people also need travel planners. If you love to plan events and travel as well, you can grab golden opportunities in this business industry. You can help people plan their tours with loads of customization options. You can ask the clients about their travel requirements and budget and chalk out a tour plan accordingly. You will arrange for their stays, book tickets for them, and help them have a memorable journey. 

Yes, it needs a lot of promotion on digital channels, but if you help customers enjoy their tours, they will surely spread the word about the travel stories and your planning service as well. 

17. Start a Water Sport Business

This business is suitable for those staying at a beach town or riverside area. If you like adventure and want to start a relevant business in your area, this could be lucrative. Travelers love to participate in water sports, and no matter what the competition level in your place is, you will always have people flocking to your business. 

You can start a snorkelling business, speed boat rental business, or a jet charter business, depending upon the kind of water sports available. You need to focus on customer service and safety, and you will surely thrive. 

18. Start a Travel Show

This is another line of opportunity for those into travel and digital technology. You can collaborate with a reputed channel or platform and start your own travel show. It will be much better if you already have a fan following. You can explore cities and hidden places in your country and around the world and present them to the people watching online. 

Yes, it requires severe dedication and interest, and if you are into it, it should become your full-time profession. People love to watch such shows, so try to make it more intriguing. 

19. Start a Nightclub

It is obvious that entertaining businesses have good potential at tourist attractions. And if it is a fancy, little nightclub, you can find plenty of people coming to your place. It doesn’t matter how many nightclubs your town or city hosts. If you have something special and consistent to offer, tourists will never miss out on visiting. 

You can tie with travel bloggers and vloggers and get active on social media to spread the word about your nightclub. It works, we promise!

20. Start Guided Tours

It could be a cycling tour, or a horseback tour, or an auto ride tour. These city and town tours need to be guided, and the travellers should seek their dose of information. They subscribe to your tours because they want to know more about the city and have fun. If you provide them with the desired package of enjoyment and knowledge, they will love you. 

Guided tours have always been popular, but they need to be planned systematically. If you love to do it, you are good to go. You can conduct tours of the famous food joints in your area, museum, historical places, and other attractions. 

21. Start a Souvenir or Gift Shop

Whichever place you visit, you can find souvenir shops everywhere. However, you can add a twist to your little place. If you are a budding artist, you can create gift items and souvenirs with your creativity and sell them in your shops. In this way, you will have something unique and different to offer to travellers and not the usual typical stuff. 

Placement of your gift shop is important. It should be in a place that is easily accessible and noticeable for travellers. You can even place it near a popular hotel. 

22. Start a Rental Apartment Service

Hotels and lodging services are common, but have you heard of apartments for travellers? Even if travellers visit a place for a short time, some insist on extending their stay or prefer a more comfortable stay option. That’s why rented apartments are becoming popular. You can build condos and fully-furnished apartments and make them available. 

Ensure that you provide all the amenities and facilities to the travellers. Because these are the ones who do not think about cutting travel costs but are willing to pay more charges for a lavish stay. 

23. Start a Rental Car Service

Some travellers prefer guided tours and professional cab drivers. But some prefer to drive on their own and explore the places as much as they want. Hence, you can provide cars with or without drivers and let them enjoy their travel. 

Ensure that you have excellent car options and they are well-serviced on time. 

24. Start a Bakery

This business idea might sound food-related to you, but a bakery business always does well. Several travellers have a sweet tooth, or they celebrate birthdays and other special events at tourist places. Hence, they need a cake or baked items such as doughnuts, and finding a good bakery could be challenging. If you love baking and your sweets are loved by everyone, you can let the travellers enjoy the baked items. 

25. Start a Tourism Convenience Store

People might try to pack a lot, but they miss out on something. It could be mints or a pack of beers. You can start a convenience store and earn revenue as travellers will surely get something from you. Ensure that it is fully stocked and has all the travel essentials. 

If you can add backpacks, or gift items, or souvenirs to your place, you can do it. People love to shop when they travel, and they will never get bored out of it. 

26. Become an Interpreter

People proficient in foreign languages should never let their skills go to waste. Instead, they should start a translation and interpretation bureau. You can even enlist other interpreters in your business. You can connect with travellers visiting from foreign countries and help them explore the city without any language barriers. 

For instance, a traveller from Germany will face difficulties in Japan as he doesn’t know the language. You will come to the rescue! 

27. Start a Laundry Service

Travellers need to do their laundry, and all hotels and homestays do not have the said facilities. They will approach you for laundry services, and you can earn a stable income out of it. 

28. Start a Tourist Visa Information Business

Tourist visa regulations are complex but cannot be avoided by the travellers. They need to be updated about the rules all the time. Moreover, they can face any kind of trouble due to visa regulations, and they need immediate help. If you love resolving problems, you can start a tourist visa information business and become the torchbearer for travellers. Yes, it is critical and complex, but you can do it. 

29. Arrange Field Trips for the Education Industry

Students from colleges and schools need to go on different field trips, industrial visits, and others. So, if you can organize these field trips and help students and teachers coordinate, you will succeed in this business. You need to have an interest in the education industry, and if you are good at communicating with kids and teachers, you will love doing this business. 

Ensure that there are sufficient places in your city worth visiting by students and plan out the trips carefully. 

30. Start a Backpacker’s Hostel

Homestays and hotels are popular, but what about new solo travellers or those on a budget tour? For them, a backpackers’ hostel is an excellent option. Also, if you want to get out of the usual hotel business and your city does not have a hostel for budget travellers, you can be the pioneer in it. 

You will need ample space, a zeal to interact with travellers, and loads of creative ideas to entertain them. 

The above list can be endless, but we have tried to add the best 30 business ideas that are profitable indeed.

Profitable business opportunities can range from starting a retail store to offering professional services, franchising, web-based businesses, home-based businesses, and more.

To determine if a business opportunity is profitable, it’s important to analyze its revenue potential, overhead costs, and short-term and long-term goals.

Depending on the type of business you’re starting, there may be a variety of legal requirements including obtaining any necessary permits and licenses, registering the business name, and filing for a tax identification number.

Potential business opportunities can be found by researching current industry trends, evaluating customer needs and the competition, leveraging your personal and professional networks, attending industry events, and researching online resources.

Funding can be obtained through personal savings, angel investors, crowdfunding, as well as through Small Business Loans and other grants.

The amount of capital needed to start a business varies depending on the type of business and its size. Generally, the start-up costs can range from a few hundred dollars to several hundred thousand dollars.

Taxes such as federal income taxes, self-employment taxes, state and local taxes, payroll taxes, and sales tax may need to be taken into consideration when starting a business.

Yes, there are various resources available to small business owners. Resources such as SBDC (Small Business Development Center), SCORE (Service Corps of Retired Executives), and the US Small Business Administration (SBA) can provide guidance and assistance.

There are a variety of tools that can help you manage your business, including accounting software, customer relationship management (CRM) software, project management software, and more.

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Example of Tourism Business Ideas Do you love showing travellers the unique and interesting aspects of South Africa? Tourism could be the industry for you. Before you get started here are some lessons from current businesses you can incorporate into your start-up.

By Nicole Crampton • Jul 24, 2019

You're reading Entrepreneur South Africa, an international franchise of Entrepreneur Media.

Since South Africa is known for its natural beauty, tourism will always hold numerous business opportunities, especially if you live in a popular tourist destination. Your business can offer everything from tours to accommodation and experiences.

Here are 10 examples of tourism businesses you can gain insights from before launching your own business:

1. Walking Tours

Do you love to explore your city on foot? Do you know all the hidden gems and interesting pieces of history? You could offer walking tours to tourists who want to genuinely experience this country.

Before you start mapping out your route, here is an example of this tourism business idea that can offer you insights into this industry:

Business Name: Walk & Talk Tours CC

Website: https://walktours.co.za/

Established Date: 1999

About the business:

Walk & Talk Tours CC aims to combine the pleasurable and therapeutic act of walking and talking. They want to introduce South Africa to not only tourists but also to South Africans, educating their clients about interesting areas of the country they wouldn't normally visit.

Innovative business offering

In addition to their walking tours, Walk & Talk Tours CC have a patented self-guiding system. This allows anyone to visit an area and gain information, tours, commentary, videos, pictures, apps and the history of the area.

2. Airbnb Rentals

Airbnb is a marketplace where you can rent out your spare room, or even your entire apartment or house. It caters to travellers looking for cheaper more interesting accommodation. Before you register your house on the platform, here is an example of an Airbnb host who you can learn from:

Business Name: Brigid Prinsloo

Website: https://www.airbnb.com/

Established Date: 2013

Brigid Prinsloo rented her spare room out on Airbnb. She started out with a very lean approach. At the end of that first month they had earned close to R10 000 renting the room out.

Related: 25 Of The Most Successful Business Ideas In South Africa

She purchased two more properties one with her fiancé and the other with her father and sister, which they also listed on Airbnb.

Innovative business offerin g

You'll need to create an experience for your guest. The better the experience the better the rating you'll get and the more customers you'll continue to attract.

3. Airbnb Experiences

Airbnb Experiences are unusual and engaging activities that you can offer through the Airbnb marketplace for travellers coming to your area. Experiences go above and beyond regular tours by immersing guests in a unique activity.

If you have something you can teach or guide visitors through, this could be the tourism business idea for you. Before you launch your start-up, here is an example of a tourist business you can learn from:

Business Name: Carving Cape's Single-track with a Pro

Website: https://www.airbnb.com/experiences/123771

Paris Basson has over 25 years in the sports industry. He has raced all disciplines from Road, MTB, CX, Enduro and Triathlon's. He offers a once in a life time experience biking through the Table Mountain National Park, offering an adrenaline packed adventure and views of the Cape like no other.

Paris Basson has such an in-depth knowledge of the area and which routes suit the various experience levels of his clients that he can custom make a route to ensure every customer has the best experience.

4. Local Cuisine Cooking Class

Do you love to cook local food? Do you enjoy teaching others how to make interesting and unique meals? This could be the tourism business idea for you. Before you start cooking, here is an example of a tourism business you can gain insights from:

Business Name: Sazón Cooking School

Website: https://www.belmond.com/hotels/north-america/mexico/san-miguel-de-allende/belmond-casa-de-sierra-nevada/

Sazón Cooking School is hosted in a magnificent 18 th - century mansion. Here their guests can study the bold flavours and rich history of regional culinary Mexican favourites. They also offer to teach their guests techniques to creating these flavourful dishes.

In addition to the cooking class Sazón is based in a heritage hotel offering its clients accommodation in the Mexican heartlands. They also offer market tours and classes to help their customers navigate the colourful and vibrant San Miguel Market.

5. Souvenir Shop

Do you love making something uniquely South African or African? Then this could be the tourism business idea for you. Here is an example:

Related: 11 Uniquely South African Business Ideas

Souvenir shops offer visitors locally inspired gifts they can take home to remember their experience. You can open one to ensure visitors always remember their incredible stay in South Africa.

Business Name: A Place To Shop

Website: https://www.aplacetoshop.co.za/

A Place To Shop offers fun and quirky South African and African souvenirs for both locals and travellers. They offer international delivery for those looking to purchase something African from across the ocean.

Some of their products are available for resell, this would increase their profits and ensure their products reached a larger audience.

6. An Airbnb Management Company

For people who have started listing multiple rentals, managing them can be quite a task, which is where Airbnb Management Companies came from. These tourism businesses assist with the day-to-day renting out of spaces on Airbnb.

Before you start advertising your services, here is an example of a business you can learn a few tricks from:

Business Name: Superhost South Africa

Website: http://superhostsouthafrica.com/

Established Date: 2015

Superhost South Africa is a full-service Airbnb property manager, they deal with the daily logistics and are on call 24/7 in case of emergencies. They offer everything from setting up their clients initial Airbnb profile to cleaning once the guest has left.

In addition, Superhost South Africa also offers ongoing optimisation to continually improve their client's listings, its profile and the service they deliver.

7. Fashion Mini-bar

In hotels across the world you typically get mini-bars that offer alcohol, cool drinks and snacks. But you could also offer a Mini Fashion bar; which visitors can pay for when checking out.

Related: The Ultimate 101 List Of SA Business Ideas To Get You Started

This ensures that those on a busy trip can still get some shopping done even if they never leave their hotel room. Before you start phoning hotels, here is an example of this business you can gain some insights from:

Business Name: Pimkie

Website: https://www.pimkie.it/

French clothing brand, Pimkie created a boutique bar filled with clothes and accessories to assist travellers in finding new clothing items and accessories to wear, particularly if they've forgotten to pack something.

Travellers can rent or buy the pieces they need and simple pay for them on check out. Guests can even call the Fashion concierge to source an item in their size.

8. Translators

Do you speak multiple languages? Then this could be the tourism business idea for you. You can help foreign tourists navigate South Africa by translating for them. Before you launch your start-up, here is an example of a tourism business you can learn strategies from:

Business Name: Language Connect

Website: https://www.languageconnect.net/sectors/travel-tourism/

Language Connect helps their clients to communicate seamlessly with their foreign guests and ensures the personal touch by offering services in multiple languages.

In addition, they also offer to translate their client's website, promotional videos, email campaigns, telephone message systems, advertising, brochures, menus, stationery and amenities into numerous languages.

9. Cultural/Heritage Tours

Do you have a vast knowledge of the culture and heritage in your area? Could you lead a cultural/heritage tour group? Then this could be the tourism business idea for you.

Related: Your Free Business Idea Evaluation SWOT Analysis Template

Here is an example of a tourism business that you can learn from before you start your business:

Business Name: Kruger National Park

Website: http://www.krugerpark.co.za/Krugerpark_Travel_Guide-travel/cultural-heritage-sites.html

Established Date: 1926

Kruger National Park is home to numerous historical locations and prehistoric rock art giving it a rich cultural heritage. They offer cultural tours for guests wanting to see restored villages and learn about the inhabitants' way of life.

In addition, the Kruger National Park is South Africa's most exciting African safari destination. They have a variety of safari tour options and can take their guests on a journey of exploration to find Africa's Big Five .

10. "Takeaway' Hotel Rooms

If you are good at building and designing rooms, you can create mini hotel rooms using shipping containers and plant them where ever your guests want to stay. Before you start purchasing containers, here is a tourism business that you can gain insights from:

Business Name: Scandic To Go

Website: https://www.scandichotels.com/landing-pages/scandic-to-go

Established Date: 2014

The Scandic To Go rooms are 18 sqm and offer all the amenities of a traditional hotel room, except that it can be moved to any pre-selected destinations. This allows a unique and one-of-a-kind experience for their guests.

In addition to offering the Scandic To Go rooms, they are a high-quality hotel brand that operates predominately in the Scandinavian countries, but also in Germany.

Related: A Free Business Plan Example to Launch Your South African Business

Entrepreneur Staff

Sales Enablement - Content Developer

Nicole Crampton is an SEO specialist who contributes to Entrepreneur.com/za. She has studied a BA Journalism at Monash South Africa and has continued her studies with a Creative Writing degree from UNISA. Nicole has completed several courses in writing and online marketing, and continues to hone her skills and expertise in digital media, digital marketing and content creation.

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Top 35 Profitable Travel & Tourism Business Ideas in 2024

Do you want to start a small business in the travel and tourism industry with a small capital investment? If yes, you are in the right place. Read this article to find the most profitable tourism and travel business ideas that can be initiated with limited money.

Hospitality and tourism are vast areas providing different types of services. It includes broadly restaurants, food services, hotels, transportation, photography, business and leisure travel, holiday destinations and activities, camping, and the cruise industry.

The travel & tourism sector has developed into an industry with an annual economic impact of around 6.5 trillion U.S. dollars worldwide. The industry is growing and different types of tourism businesses are evolving. Putting investment in the hospitality and tourism industry is worth considering.

Here we have compiled a list of the most profitable travel and tourism business ideas and opportunities for you to explore.

Best 35 Travel Business Ideas in the Tourism and Hospitality Industry

#1. adventure club.

Initiating an adventure club is an ideal business idea for adventure-loving people. The demand for adventure trips, activities, and adventure sports in general, is growing globally. Prior market research is mandatory to identify the potential niche for your business.

#2. Adventure Tourism

The adventure tourism business is perfect for those aspiring entrepreneurs who own outdoor tourism hobbies with themselves and want to turn this into a profit-making venture. As per geography, there is a huge potential for the adventure tourism business globally. Adventure tourism generally takes place in strange, exotic locations where thrill-seeking travelers always expect unexpected happenings.

Learn More:  How to Start A Profitable Adventure Tourism Business

#3. Airport Shuttle Service

Airport shuttle service is a very profitable business for entrepreneurs living in tour areas. The business is hugely management intensive. You can establish business tie-ups with hotel resorts, tour operators, and travel agencies to get clients.

#4. Airport Arcade Games

This is one of the trending businesses. Apart from children, you will also get teenage and adult users for this service. Customers can spend minutes or hours gaming at the arcade during their waiting time. According to the target demographic, the right selection of games is important.

#5. Allergy Cards

People who travel with allergy issues, often look for allergy cards in the new location where they arrive. You can initiate a business of providing allergy cards in many languages from home too.

#6. Ayurveda Tourism

Ayurveda is a therapy that promises holistic wellness. The natural herbs and oils used in the therapy are of great medicinal value as is said in the Vedic literature on Ayurveda. There is a strong potential for the growth of Ayurveda tourism globally. Ayurveda tourism is one of the most trending travel-related business ideas to start with moderate capital investment.

#7. Bed & Breakfast

Attitude and the personality of the owner play an important role in the bed and breakfast business. Also, the location is important where you are initiating the business. Having spare rooms, this business can be a very good alternative part-time income source.

Learn More:   How to Start A Bed & Breakfast Business

#8. Boutique Hotel

The boutique hotel is considered one of the most profitable hospitality and tourism business ideas. having adequate knowledge and experience is a must. It is extremely important to do a lot of research and develop a detailed business plan to ensure success.

#9. Canoe and Kayak Rentals

If you are living nearby water bodies, initiating canoe and kayak rentals is a wonderful business. In selecting the location, you must take into consideration the ease of access, visibility, parking, and a host of other factors.

#10.Car Rental

For a person living in a strategic place with a high-density population with business centers and entertainment outfits, a car rental business would be a lucrative and profitable venture. The primary job would be to schedule customer reservations and supply the rental car. However, do remember car rental is a capital-intensive business and it needs a lot of research before you go into the business.

Learn More:   How to Start a Car Rental Business 

#11. Coffee Shop

Over the past decade, the coffee shop industry is increasing rapidly. An entrepreneur passionate and talented about coffee can initiate a coffee shop business with substantial capital investment. The coffee shop actually treated as a third place outside of work and home to relax. The coffee shop business is one of the best ways to turn your love for coffee into a profit-making business.

Learn More:  How to Start a Coffee Shop Business

#12. Community Tour Guide

Personal or community tour guide business is trending now. If you are living in an area having a lot of tourist footprints, you might consider starting this business. You can operate the business from home. Other than local classified advertising, you can also get clients from other businesses operating in the travel and hospitality industry.

#13. Corporate Hospitality Event Planning

Corporate hospitality event planning business describes giving service in the process of entertainment in events held by corporate or businesses for their staff, clients, or stakeholders. The profitability of this business largely depends on keeping your clients happy and you can mean it by another term business entertainment.

Learn More:  How to Start Event Planning Business

#14. Double-Decker Bus Tours

Everyone enjoys the ride on a double-decker bus. You can arrange sightseeing tours on a double-decker bus. You must start the business in a busy tourist area. Crafting a proper marketing and sales promotion plan is mandatory to start this business.

#15. Ecotourism

Ecotourism is traveling and visiting new unexplored places that protect the environment and also look after the welfare of the local people residing in that area. This type of tourism is a natural choice for nature lovers who also love adventure travel. The ecotourism   industry makes up 6% of the GDP all over the world.

Learn More:   How to Start a Profitable Ecotourism Business

#16. Hookah Bar Lounge

One needs to learn the operational aspects to run a Hookah Bar Lounge business. A truly passionate entrepreneur can initiate a hookah bar lounge business with strategic planning and substantial capital investment.

Learn More:   How to Start A Profitable Hookah Lounge Business

#17. Houseboat Rental

You can start a houseboat rental business in two ways. One option you can buy a houseboat and start renting. Another option is you can contact the houseboat owners and tie up with them for a business relationship. In this case, you will need to follow the revenue-sharing pricing model.

#18. Conduct Kayak Tours

Do you enjoy kayaking? You can turn your hobby into a part-time profit-making business. Coastal areas are the best location for this type of business. You can offer a kayak tour with some allied services, Such as beginner’s training, lunch, etc.

#19. Medical Tourism

Are you interested in Medical Tourism Business? The medical tourism business is finding the right places with the right medical services for your clients and arranging a hassle-free trip for them. The medical tourism business is alternatively called health tourism and wellness tourism.

Learn More:   How to Start a Profitable Medical Tourism Business

#20. Night Club

Running a nightclub can be a very exciting, luxurious, and lucrative business for aspiring young entrepreneurs. People want to get socialized with others and they are willing to pay to use a gorgeous venue dedicated to the purpose. Success in the nightclub business is very much possible if done properly; it demands dedication and meticulous attention to every detail of your business.

Learn More:   How to Start a Night Club Business

#21. Off-Road Tours

Off-road tours are very popular among young and adventure-loving people. Organizing the off-road tour is a very profitable business, people the location is full of tourist footprints. Generally, off-road tours are offered in half-day or all-day packages to clients.

#22. Travel Photography

Are you good at photography and passionate about taking pictures? A photographer is a professional that focuses on the art of taking photographs with a camera. A photographer generally works in a freelance capacity and is hired for specific jobs by different clients.

Learn More:   How to Start A Profitable Photography Business

#23. Ticketing & Reservation Service

Ticketing and reservation service provides is a small area of operation from a full-fledged tour guide business. The required investment amount is very less. Railway tickets and domestic and international air ticket booking are some of the areas where you can focus.

#24. Tour Guide

Operating a tour guide business demands considerable knowledge of historical information and local culture about the location where you are starting the business. The tour guide business is all about sharing information about places with a group of people in an entertaining way.

Learn More:  How to Start Tour Guide Business

#25. Trade Show Visitor

Many big companies keep trade show visitors to know the current trend and happenings inside the industry. In this business, your primary responsibility is to collect information for clients about their competition exhibiting at the show.

#26. Translation

The translation is fast becoming a highly potential web-based business offering opportunities for making money online. With ever-increasing net connectivity and globalization, knowing and understanding other languages have become extremely vital in keeping pace with the speed of society.

Learn More:   How to Start a Translation Agency Business

#27.  Travel Agency

The travel agency business is among the most popular travel business ideas. It is all about making travel arrangements for travelers. Entering into this business is a great way to start a service-based business. You make money make by helping others visit new places on their holidays or business trip.

Learn More:   How to Start A Profitable Travel Agency

#28. Travel Blog

Are you a passionate traveler? Then you must consider starting a travel blog of your own. You can share the amazing experience of traveling to beautiful places around the globe and making money from the comfort of your home.

Learn More:  How to Start a Blog & Make Money

#29. Vacation Property Rental Agency

If you are living in a high-traffic tourist area, you can consider starting a vacation property rental service business. Your home and the customer service that accompanies it must provide the things your renters want and need in order for you to reach the highest level of profitability through renting.

#30. Water Taxi Service

If you have good boating skills and live nearby water bodies, you can start a water taxi service business of your own. This is one of the most popular tourism business ideas to start with moderate capital investment.

More Business Ideas for Travel Lovers

Here are some more business ideas who love to travel and want to earn money while traveling:

#31. Personal Assistant to Celebrities

The job of a personal assistant of a celebrity is to manage and organize the back end of a star’s life. They play a very important event-planning role whenever a celebrity is on a performing tour.

#32. Travel Vlogging

If you are a travel maniac, running a travel vlog can be a profitable venture. Travel vlogging is essentially informative tour-related videos promoted through social media platforms. There are many successful Travel vloggers one can see on the Youtube platform earning a good income.

#33. Social Media Influencer

A lot of travel companies are looking for social media influencers for promoting their tour programs and products. If you have a good subscriber base on any social media platform , consider a career as a social media influencer.

#34. Public Speaker

If you are a travel-loving person and a good orator, a career in public speaking can be rewarding as well as profitable.

#35. Travel Event Planner

Many customers look for customized package tour programs for hassle-free vacations. If you have good communication skills and knowledge about exotic destinations, travel event planning can be a profitable business to enter.

In conclusion, choosing the right travel business largely will depend on the demand of the local people. We hope this list of selected popular travel business ideas will help you choose the best one.

hospitality and tourism business ideas

About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their businesses.

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COMMENTS

  1. 10 Travel and Hospitality Business Ideas

    10. Travel and Hospitality. Business Ideas. As travelers contemplate comfortable new ways to satisfy their wanderlust, opportunity awaits for entrepreneurs who offer safe, fun and authentic experiences and services. By: Andrea Forstadt , Contributor. Glamping is rising in popularity as travelers seek out the fun of camping without the rough ...

  2. 21 Tourism & Travel Business Ideas to Start in 2024

    That means now is a great time to establish a travel-related business and build a steady income. The tourism industry is massive and diverse, offering many opportunities for sharp entrepreneurs. You could start a travel agency, a campground, a hotel, or a concierge service. Explore many more excellent tourism business ideas in our list below. 1.

  3. 82 Hospitality Business Ideas You Can Start Today [2024]

    Live events, courses and recordings. 8,628 business ideas. $1M in software savings. Join Starter Story. 1. Start a hotel consulting business. A hotel consulting business provides professional advice to investors or individuals interested in the hospitality industry.

  4. 40 Travel and Hospitality Business Ideas

    Best Travel and Hospitality Business Ideas for 2020. 1. AIRBNB BUSINESS. An Airbnb business supplies guests with a place to stay within a person's home. Many travelers are looking for lodging which is a little more personal and unique. Airbnb rentals offer a home feel, versus that of a hotel or motel.

  5. 20 Innovative Tourism Business Ideas 2023

    Innovative tourism business ideas: Off Grid Travel: Company offering a variety of off grid accommodation around Europe. Docastaway: Offers a desert island castaway experience. Black Tomato: Offers a "Get Lost service" for people who want to challenge themselves. 4. Hush trips, workcations, and micro-cations.

  6. 10+ Best & Profitable Tourism Business Ideas [2023]

    Our List of 10+ Best Tourism Business Ideas: Tour Guide Service. Destination Management Company. Sightseeing And Charter Bus Tour Business. Travel Agency. Hotel/resort/lodging Business. Bed And Breakfast. Online Travel Booking Website. Travel App.

  7. 50 Travel & Tourism Business Ideas

    As the world becomes more interconnected, the travel and tourism industry continues to thrive, presenting numerous opportunities for entrepreneurial minds. In this blog post, we'll embark on an exciting journey, exploring 50 creative business ideas that cater to the ever-growing demand for unique and memorable travel experiences.

  8. 20+ Best Hospitality Business ideas You Can Start

    Best Hospitality Business ideas. 1. Water Park. Firstly, water parks are highly entertaining places where families and large groups of people can enjoy quality time together. You could set up your own water park with a range of business plans, depending on the budget.

  9. Hospitality Business Opportunities for Entrepreneurs

    Entrepre­neurs have a wide varie­ty of hospitality business ideas to choose from. The­y can focus on businesses relate­d to tourism or explore hotels, resorts, restaurants, cate­ring services, eve­nt planning, and even travel busine­sses.

  10. 12 Travel Business Ideas

    Travel consultants generally focus less on tourism and more on helping iron out logistical issues. 6. Travel photographer. As a travel photographer, you'll have plenty of options for making ...

  11. 42 Business Ideas In Travel And Tourism To Start In 2024

    The right business idea in travel and tourism has the power to not just navigate the currents of an ever-changing industry but also to steer these currents in new, uncharted directions. 1. Acquiring A Hotel. Introducing Grandeur Hotels, a startup hotel business located in the bustling city of New York, New York.

  12. Best Hospitality Business Ideas & Examples in 2023

    Some ideas for hospitality businesses could include: A hotel or bed and breakfast: You could start a business that provides overnight accommodation and related services to travelers. A restaurant or café: You could start a business that serves food and drinks to customers. A bar or nightclub: You could start a business that serves alcoholic ...

  13. 10+ Best & Profitable Hospitality Business Ideas [2023]

    The hospitality business industry is a wide-spanning sector encompassing restaurants, hotels, and other service-oriented businesses. Some of the most successful companies in this field are as follows: Marriott International. Hilton Worldwide Holdings Inc. Accor. InterContinental Hotels Group. Hyatt Hotels Corporation. Oyo Rooms.

  14. 50 Best Hospitality Business ideas You Can Start Today

    Start a catering service. Catering is another business idea that takes its roots from hospitality. If you are a qualified caterer or someone who is interested in the business, you can start a catering service that caters to weddings, birthdays, official and unofficial events. 41. Start a bird guide/tour company.

  15. The 10 most innovative travel companies of 2021

    From Airbnb and Hipcamp to Delta Airlines and Ennismore hotels, these 10 travel companies found reasons to be optimistic in an unprecedented year for tourism and hospitality.

  16. Hospitality Entrepreneurism: What Are the Possibilities?

    Hospitality and tourism business ideas have been noted to include glamping, bed and breakfast owner, glamping host, tour guide, travel blogger, translator, photographer, local cooking expert ...

  17. 30 Profitable Business Opportunities in Tourism Industry

    6. Smile For The Camera. Social media continues to evolve making it easier for content creators to connect with their target audience. In the case of tourism, this creates a lucrative avenue for income. The tourism industry is expansive and covers both sides of the spectrum — tourist visiting new areas and locals.

  18. Example of Tourism Business Ideas

    Before you start mapping out your route, here is an example of this tourism business idea that can offer you insights into this industry: Business Name: Walk & Talk Tours CC. Website: https ...

  19. 50 Best Travel and Tourism Business ideas

    Coffee Café. Coffee café is yet an extra business idea that an entrepreneur who is looking towards making money from the business value chain of travels and tourism industry should consider starting. As a matter of fact, there is hardly any airport where you are not going to find a coffee café.

  20. 5 Creative Ideas That Saved Hospitality, Travel And Benefit ...

    2.Silent retreats. Sharpham estate, Devon. Sharpham estate. With screen times increasing by over 75% in 2020 alone, many of us just want to unplug. And more people are prioritizing wellness in a ...

  21. TOP 22 Travel, Hospitality And Tourism Business Ideas

    Are you interested in starting a business on travel and tourism sector? Are you looking for Hospitality business ideas to invest your money? If Yes, Then you...

  22. Best 35 Travel Business Ideas in 2024

    Boutique Hotel. The boutique hotel is considered one of the most profitable hospitality and tourism business ideas. having adequate knowledge and experience is a must. It is extremely important to do a lot of research and develop a detailed business plan to ensure success. #9. Canoe and Kayak Rentals.

  23. 6 Travel Marketing Ideas to Attract Tourists in 2024

    6 marketing ideas for travel and tourism. Here are some travel marketing campaigns you can implement: Have a well-designed website. Create a robust content marketing strategy. Optimize your website for search. Harness the power of social media ads. Collaborate with influencers.