Franchise Spotlight: Travel
The travel sector is teaming with franchise opportunities as consumers look forward to those much needed vacations.
Travel franchises offer the opportunity to run your own company as a one wo/man band working from home, right up to large offices managing hundreds of employees.
With the average time to book a vacation coming in at 5 hours and travel agents saving clients an average of $452 - there is certainly profit to be made for franchisees as they help others plan and book dream vacations and business trips.
Franchises such as Dream Vacations and Cruise Planners offer low start up costs and can have you up and running quickly from your own home (no flights needed!).
Travel Industry Analysis
The travel sector is one which is set to be as competitive as ever. A franchise can offer the credibility of an established brand as well as the expertise and resources to guide you on your journey.
If you enjoy traveling yourself then it will certainly help when working with consumers, but strong organisation and good communication skills are also invaluable in this sector. Of course, there is the added perk of significantly reduced travel and accommodation costs as a travel franchisee yourself - after all, researching your favorite destinations can only help business!
This can be a hugely rewarding industry to be a part of for those who enjoy building good relationships with consumers and are interested in the world and travel.
Although the Covid-19 pandemic saw travel opportunities greatly reduce, travel has always been a highly competitive and profitable industry. In 2019, statistics show Americans took over 2 billion domestic flights and, after months at home, the travel industry looks set to boom once more.