Tag: travel agency

  • Best Travel Business Ideas in India for Adventure Enthusiasts in 2025

    Traveling is an exciting experience that often leads to the birth of innovative business ideas, especially for entrepreneurs interested in tapping into the lucrative and ever-evolving travel industry. In today’s technologically advanced world, there is no limit to how entrepreneurs can leverage technology to enhance travel experiences.

    The possibilities are endless for travel businesses, from cutting-edge apps to VR experiences. While these are great options, traditional methods still have value. Innovative approaches that cater to client preferences, interests, and budgets can differentiate a travel agency from competitors. Balancing modern and traditional methods is critical to offering a unique experience that meets client needs. In this article, we’ll explore some of the best tour and travel business ideas that promise profitability and the opportunity to fuel your passion for exploration and adventure

    Travel Blogging and Vlogging
    Travel Agency
    Travel Photographer
    Luxury Cruises
    Travel Event Planner
    Local Experience Tours
    Vacation Rental Management
    Budget – Friendly Travel
    Glamping
    Adventure Outfitter
    Experiential Travel Concierge
    Sustainable Travel Consultancy
    Destination Wedding Planning

    $10 Trillion Economy : How Tourism Sector make India Economic Superpower by 2030? | Future of India

    Travel Blogging and Vlogging

    In the digital age, travel blogging and vlogging have emerged as powerful platforms for sharing your adventures and inspiring others. By leveraging your storytelling skills, photography, and videography talents, you can build a loyal following of travelers eager to experience the world through your eyes. Monetize your blog or vlog through advertising, sponsorships, affiliate marketing, and even the sale of digital products, such as e-books or travel guides.

    To succeed as a travel blogger or vlogger, developing a solid personal brand, creating consistently high-quality and engaging content, and fostering a genuine connection with your audience is essential. Leveraging social media and strategic partnerships can also help drive traffic and expand your reach.

    The key is to find your unique voice and perspective. Whether it’s highlighting off-the-beaten-path destinations, providing in-depth cultural insights, or inspiring adventurous outdoor experiences, your ability to captivate and inspire your audience will be the foundation for building a successful, profitable travel-focused digital content business.


    Travel and Tourism Industry Trends in 2021: Post-Pandemic
    Covid-19 has badly impacted the travel industry. Listing the top travel industry’s trends in 2021 that are likely to show up in the future.


    Travel Agency

    Establishing a travel agency can be a rewarding business venture for those with a deep understanding of the industry and a knack for curating exceptional travel experiences. As a travel agent, you can offer personalized itinerary planning, group travel coordination, and specialized services catered to niche markets, such as adventure, luxury, or sustainable travel. Leveraging your industry connections and expertise can help you stand out in a competitive landscape.

    By taking the time to understand your clients’ unique preferences, budgets, and travel goals, you can craft customized itineraries that maximize their experience and satisfaction. This level of personalization is difficult for online travel booking platforms to replicate, and it positions you as a trusted advisor rather than a mere booking agent. Having a travel agency is one of the traditional business ideas in India.

    Establishing strong industry connections is also crucial for the success of a travel agency. Building relationships with airlines, hotels, tour operators, and other travel providers can give you access to exclusive deals, priority bookings, and insider information that you can pass on to your clients. These connections can be a competitive advantage, especially for smaller, independent agencies.


    Top Tour & Travel Startups in India | Tourism Startups
    Travel startups are serving customers very innovative services and memorable experiences. We’ve listed the top tour & travel startups in India.


    Travel Photographer

    Becoming a travel photographer can be thrilling and lucrative for the visually inclined. Capture the essence of destinations, cultures, and experiences, and sell your stunning images to travelers, tourism boards, and various media outlets. 

    One of the primary revenue streams for travel photographers is selling their stunning images to travelers, tourism boards, and various media outlets. Travel publications, websites, and even social media platforms constantly seek captivating visuals that can transport viewers to far-flung corners of the world. By building a robust portfolio and effectively marketing your work, you can sell your photographs as stock imagery or secure licensing agreements for specific usage rights.

    Additionally, high-quality, professionally printed travel prints can appeal to travelers seeking to capture the memories of their journeys or decorate their homes and offices with stunning imagery.


    15 Ways To Earn Money While Travelling
    Want to travel the world and make money? We have listed some of the best options you can consider while travelling.


    Luxury Cruises

    The luxury cruise industry continues to soar, catering to travelers seeking elevated experiences at sea. As a luxury cruise operator, you can offer bespoke itineraries, premium amenities, and exceptional service, appealing to a discerning clientele. Leverage your hospitality, culinary arts, and destination curation expertise to create unforgettable voyages that set you apart from the competition. 

    By leveraging your expertise in hospitality, culinary arts, and destination curation, you can craft itineraries that go beyond the typical cruise experience. This could include unique shore excursions, private VIP events, and custom-designed onboard programming that caters to your guests’ specific interests and preferences.

    To further enhance the luxury cruise experience, you can invest in premium amenities and enriching activities that cater to your discerning clientele. This could include state-of-the-art spa facilities, fitness centers, wellness programs, immersive cultural experiences, educational lectures, and opportunities for exploration and adventure. 

    Travel Event Planner

    Organize and coordinate unique travel-themed events, such as adventure retreats, wellness getaways, or culinary-focused experiences. Leverage your knowledge of travel logistics, vendor management, and event production to curate seamless and memorable events that attract adventure-seeking participants. By carefully selecting suitable venues, adventure providers, and support staff, you can create a truly immersive and unforgettable retreat that leaves participants rejuvenated and inspired.

    Wellness-focused travel events are another growing trend that you can capitalize on. Curating all-inclusive getaways that combine relaxation, mindfulness practices, and holistic therapies can attract a discerning clientele seeking to prioritize their physical and mental well-being.

    By combining your expertise in travel logistics and event production and a deep understanding of the evolving preferences of adventure-seeking, wellness-conscious, and culinary-focused travelers, you can create unique and highly desirable travel-themed events that stand out in a competitive market.


    How to Become Best at Event Planning?
    Event planning is a cool job to have but hard to execute. Check out the tips to become the best event planner.


    Local Experience Tours

    Tap into the growing demand for authentic, immersive travel experiences by offering local experience tours. Showcase the hidden gems, cultural nuances, and everyday lives of the communities you serve, allowing travelers to connect with the destination more profoundly and meaningfully. Collaborate with local guides, artisans, and businesses to create unforgettable, one-of-a-kind experiences.

    The key to success in this space lies in your ability to collaborate closely with local guides, artisans, and businesses to create truly unforgettable, one-of-a-kind experiences. These intimate, immersive tours should go beyond the typical tourist attractions and provide travelers with a genuine understanding of the local way of life. This enhances the overall travel experience, supports the local economy, and helps preserve the cultural heritage of the communities you engage with.

    Vacation Rental Management

    As the popularity of vacation rentals continues to rise, offering vacation rental management services can be a lucrative business opportunity. Manage the end-to-end process, from listing properties and handling guest inquiries and bookings to ensuring the properties are well-maintained and cleaned between stays. 

    You can position your vacation rental management business as a trusted and reliable partner for property owners by leveraging your hospitality expertise, marketing prowess, and customer service skills. This, in turn, will attract a steady stream of high-quality properties to manage and a growing base of satisfied guests who appreciate the seamless experience you provide.

    Additionally, by staying informed about industry trends, implementing cutting-edge technologies, and continuously enhancing your service offerings, you can differentiate your vacation rental management business and maintain a competitive edge in a rapidly evolving market.

    Budget – Friendly Travel

    Cater to the growing segment of budget-conscious travelers by offering affordable yet memorable travel experiences. This could involve organizing group trips, planning logistics for backpackers and solo travelers, or curating budget-friendly itineraries that maximize value without sacrificing quality. Leverage your knowledge of budget-friendly accommodations, transportation, and local insider tips to provide an exceptional travel experience at a fraction of the cost.

    One fundamental approach is to organize group trips, which can offer significant cost savings for individual travelers. By negotiating group rates with accommodation providers, transportation companies, and activity operators, you can pass on the savings to your participants. This model also allows you to create a sense of community and shared experience, appealing to solo travelers and backpackers looking to connect with like-minded adventurers.

    Effective marketing and promotion will also be crucial in reaching your desired clientele. Leveraging social media, travel forums, and strategic partnerships with complementary brands can help you connect with the budget-conscious traveler community and build a strong brand reputation. 

    Glamping

    Capitalizing on the rising trend of “glamorous camping,” or glamping, can be a unique and lucrative business opportunity. Offer upscale, luxury camping experiences with plush amenities, gourmet meals, and stunning natural settings. Leverage your creativity, attention to detail, and understanding of the great outdoors to provide travelers with a one-of-a-kind glamping experience.

    Provide spacious, well-appointed tents or eco-friendly “glamping” structures with high-end furnishings, comfortable bedding, and thoughtful amenities like en-suite bathrooms, heating/cooling systems, and private decks—partner with skilled chefs to curate a culinary experience that elevates the typical camping fare. Offer multi-course meals with locally sourced, seasonal ingredients, complemented by fine wines and craft cocktails. Ensure that your guests are attended to with the highest level of hospitality, from dedicated on-site staff to anticipatory concierge services that address their every need. These innovative ideas for travel business can inspire growth and fresh experiences.

    Market size of the travel and tourism market in India in 2023, with forecast until 2030
    Market size of the travel and tourism market in India in 2023, with forecast until 2030

    Adventure Outfitter

    For the more adventurous spirits, consider establishing an outdoor adventure outfitter business. Offer guided tours, equipment rentals, and logistical support for hiking, rock climbing, kayaking, or whitewater rafting activities. Leverage your expertise in outdoor recreation, safety protocols, and customer service to create unforgettable adventures for your customers and cosidering it as one of the best adventure business ideas in India.

    To ensure the success of your outdoor adventure outfitter business, it’s crucial to maintain a strong focus on safety and risk management. This includes providing comprehensive training for your guides, maintaining high-quality equipment, and adhering to industry best practices for each activity offered.

    Consider incorporating additional services such as equipment rentals, transportation logistics, and custom trip planning to enhance your offerings further. This one-stop-shop approach can simplify your clients’ planning process and increase your services’ overall value.

    Experiential Travel Concierge

    Tourism Business Ideas - Experiential Travel Journeys
    Tourism Business Ideas – Experiential Travel Journeys

    Travelling business ideas in India are booming, with growing demand for eco-tourism, adventure travel, destination weddings, and personalized travel planning, offering entrepreneurs exciting opportunities. Become an experiential travel concierge, catering to travelers seeking bespoke, immersive experiences. Utilize your extensive knowledge of destinations, cultural nuances, and local connections to curate highly personalized itineraries beyond typical tourist offerings. Offer services such as private tours, exclusive access to local events, and customized activities that allow travelers to immerse themselves in the destination truly.

    As an experiential travel concierge, you provide your clients with a truly elevated and customized travel experience. This goes far beyond simply booking flights and hotels – crafting a unique, one-of-a-kind journey that immerses travelers in the destination deeply.

    To excel as an experiential travel concierge, you must understand your target destinations in-depth, cultivate a robust network of local contacts, and have a keen eye for detail. Continuously researching emerging trends, staying up-to-date with the latest developments, and fostering relationships with travel industry partners will provide your clients exceptional experiences.

    Sustainable Travel Consultancy

    Tourism Business Ideas - Sustainable Tourism Consultants
    Tourism Business Ideas – Sustainable Tourism Consultants

    As environmental consciousness grows, there is an increasing demand for sustainable and responsible travel options. Establish a sustainable travel consultancy, advising individuals and organizations on eco-friendly travel practices, carbon-neutral accommodations, and responsible tourism initiatives. Leverage your expertise in sustainable travel to help clients plan and execute their journeys in a way that minimizes their environmental impact.

    By positioning yourself as a knowledgeable and reliable sustainable travel expert, you can help your clients navigate the complex landscape of eco-friendly travel options and make informed decisions that align with their values and environmental objectives. This contributes to the overall sustainability of the travel industry and positions your consultancy as a valuable resource in a rapidly growing market.

    Destination Wedding Planning

    Offer destination wedding planning services, helping couples design and host their dream weddings in beautiful locations worldwide. This service blends travel planning with event coordination, handling everything from venue selection and guest accommodations to local vendors and cultural experiences. The goal is to create a stress-free, memorable celebration, tailored to each couple’s vision while ensuring seamless logistics. It is one of the most profitable travelling business ideas.

    FAQs

    How can I make money as a travel blogger or vlogger?

    Monetization methods for travel blogs/vlogs include advertising, sponsorships, affiliate marketing, and selling digital products like ebooks or guides. Building a strong brand, high-quality content, and audience engagement are key.

    What services does a vacation rental management company provide?

    These companies handle the full process of marketing vacation rental properties, guest communication/bookings, cleaning, and property maintenance for rental owners.

    What is glamping?

    Glamping refers to upscale, luxurious camping with amenities like high-end accommodations, furnishings, chef-prepared meals, and resort-style services in outdoor settings. Glamping is one of the best tour and travels business ideas.

    How can I focus on sustainable tour and travel as a business?

    As a sustainable travel consultant, you can advise clients on eco-friendly accommodations, carbon offsetting, responsible tourism practices, and minimizing environmental impact.

    Tourism-related business ideas include destination wedding planning, offering couples dream weddings in scenic locations, and eco-tourism services, promoting sustainable travel experiences. Other options are adventure tourism for thrill-seekers, cultural tours that explore local traditions, and travel consultancy to help clients plan personalized trips. Each idea taps into travelers’ desire for unique and memorable experiences.

    What are tourism startup ideas?

    Tourism startup ideas include destination wedding planning, eco-tourism services, adventure tourism, cultural tours, and travel consultancy, catering to travelers seeking unique experiences.

  • 10 Best Things to Do in Istanbul, Turkey

    The capital, Istanbul, is a unique city where you can witness both modern and traditional life, offering attractions that are filled with culture and history. Whatever it is that you like, from exploring old worship places to lively markets and peaceful boat rides, there is something for everyone. You can also experience the city’s nightlife, which might make you never want to leave! You can do it all by joining hands with the best travel agency, Next Holidays, and getting your Turkey tourist visa from Dubai.

    Visit the Hagia Sophia

    This is one of the most famous sights in the capital. This place served as the place of worship and is now a museum. Its large dome and the blend of designs make it a place you shouldn’t miss. The dome looks like it’s floating, creating a dazzling appearance, while the rest of the structure offers a look at the past.

    Discover the Topkapi Palace

    This palace, once home to sultans, is a large and unique complex that shows the elegant lifestyle of the past Empire. The palace has different sections, including the courtyards with beautiful views. Be sure to see the Dagger of Topkapi and the Diamond of the Spoonmaker, two of the palace’s most famous treasures.

    Explore the Grand Bazaar

    Your trip to the capital wouldn’t be complete without a visit to the lively Grand Market. This historic place, one of the largest and oldest in the world, has over a thousand shops filled with spices and textiles. You can also find amazing jewelry in the markets. Practice your bargaining skills and bring home a piece of the rich culture.

    Take a Bosphorus Cruise

    It is the cruise that offers a special view of the capital, highlighting its skyline, palaces, and fortresses. Whatever it is that you choose, from a short ride or a full-day journey, you’ll get to see two different sides of the city, charming fishing villages, and grand waterfront mansions. Sunset cruises are especially magical.

    Visit the Blue Mosque

    This is famous for its six tall minarets and beautiful blue tiles. You can experience its peaceful atmosphere during prayer times and appreciate the blend of art and building formation that makes this place so special and worth visiting.

    Explore the Basilica Cistern

    This is an ancient underground structure that feels both mysterious and awe-inspiring. Built in the sixth century to supply water to the Great Palace, it has marble columns supporting it. Look out for the Medusa heads, which add a unique and slightly creepy touch to the place.

    Go Up the Galata Tower

    For breathtaking views of the capital, head up this Tower. This old stone tower in the Galata district offers a full view of the city, including sights like the Golden Horn. It’s a great spot to take in the expansive beauty of the capital from above.

    Explore the Spice Bazaar

    This Spice market is a feast for the senses with its bright colors and rich scents. What used to be a spice market, now sells a variety of items, like fruits, and traditional sweets. You can taste different flavors and take home some unique treats.

    Discover Istanbul Modern

    For a taste of culture, it is a must visit this place. This art museum has a wide range of national and international art. With its ever-changing displays, educational activities, and beautiful waterfront setting, it’s a must-see for anyone interested in art.

    Try a Turkish Bath

    Experience the ancient tradition of a bath in the country. Visit one of the capital’s historic baths to enjoy a soothing and refreshing ritual. The steamy environment, cleansing scrubs, and calming massages have been part of people’s lives for generations.

    Tips for Visiting Istanbul

    • Check the climate before having a trip: Summers can be quite intense, so it’s best to visit in spring when the climate is nicer and there are fewer people around.
    • Use local transport to get around: The public transport in the city is easy to understand and cost-effective. This is way better than booking a private cab, as you will save both money and time and can explore local areas
    • Respect the culture: When visiting religious places, it’s important to dress nicely. Always check if it’s okay to take photos, as some places may not allow it.
    • Be responsible: Although this city is usually safe for visitors, be mindful of your things in crowded areas and markets. 

    Pack Your Bags for a New Adventure

    This Turkish city draws you in with its charm and energy. It’s a place where old traditions meet modern life, creating a unique experience. As you explore its historic wonders or enjoy its delicious food, the city leaves a lasting impression. Get ready to explore and let the wonders of the city surprise you.

    Ready to explore some holiday packages from Dubai to Turkey? Hop to the Next Holidays’ official website.

  • Expedia – An Online Booking Portal for Business Travel and Vacations

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Expedia.

    Are the countries present on this globe closer to you? Does the word ‘travelling’ boost your daily life activities? It always accounts for around 1 out of every 11 jobs connecting its workers globally, emotionally and most importantly physically of course not on a device, but in the real atmosphere where memories do matter the most. It expands minds, feeds souls and opens hearts! Simply, travelling is a force for good.

    Expedia is an American travel organization for both consumers and small businesses. It is a travel portal offering travelers a great variety of hotels in their desired destinations and many more. Read the Expedia Success Story below!

    Expedia – Company Highlights

    Startup Name Expedia
    Headquarters Bellevue, Washington, US
    Industry Online Ticket booking, Hotel Booking, Travel Agency
    Founder Rich Barton
    Founded 1996
    Website expedia.co.in

    Expedia – About
    Expedia – Founder
    Expedia – Startup Story
    Expedia – Mission and Vision
    Expedia – Tagline and Logo
    Expedia – Business Model
    Expedia – Revenue Model
    Expedia – Funding and Investors
    Expedia – Growth
    Expedia – Online and Social Media Presence
    Expedia – Competitors

    Expedia – About

    Expedia is such an online American company that is considered to be the 8th largest travel agency in the United States. It is the one that cares about each and everyone’s budget and activities of every kind, especially during this era of competitive rates.

    Expedia has thousands of hotel partners all over the world and most importantly it is a space where travelers can book everything needed for a holiday.

    Expedia – Founder

    Rich Barton - Founder and the CEO of Expedia
    Rich Barton – Founder and the CEO of Expedia

    Rich Barton is the founder and the CEO of the company. He initially began as a General Manager at Microsoft. Then he worked at various other companies as a Board Director most of the time. He completed his education at Stanford University.

    Expedia – Startup Story

    Expedia initially began providing online travel services on the Microsoft Network toward the end of 1996. Microsoft in 2001 agreed to sell its interest in Expedia and it was a deal that was finalized the next year. Expedia expanded in many ways.

    It grew from selling flight tickets to providing a vast range of travel products such as hotels and packaged travel plans! It also entered the corporate travel market and expanded internationally, opening sites in Canada, and other European countries.

    Expedia – Mission and Vision

    The mission and the vision of the company Expedia is to power global travel for everyone and everywhere!

    Expedia Logo
    Expedia Logo

    The new tagline of the company is, ‘It matters who you travel with!

    Expedia – Business Model

    Expedia has got a merchant model when it comes to the offering of hotel rooms! Expedia buys hotel accommodations at a discounted price and then turns around and sells it at a sizable markup to the end-user. Such sort of rooms are always booked in advance by the clients and then paid for hotel rooms during the time of the main purchase done by the clients.

    Expedia – Revenue Model

    Expedia makes money in different ways! The greatest of all those ways is through hotel reservations, which the company is mainly known for enabling clients to do. Around 70%-75% of Expedia’s revenue is generated from hoteliers, the lodging sector. Expedia has got a very simple supply and demand strategy. Flight ticket sales comprise just 3% of the entire revenue generated by the company. Car rental, insurance and other services also do play a role in generating the revenue which is just 15% of the total induced.

    It initially buys up a large number of rooms at a discounted price and then advertises the bookings through its site as the cheapest one will find currently in the marketplace.

    Expedia – Funding and Investors

    Expedia did raise $3.3 billion in funding over the three funding rounds.

    Date Transaction Name Money Raised Lead Investors
    April 23, 2020 Post-IPO Equity $1.2 billion Apollo and Silver Lake
    April 23, 2020 Post-IPO Debt $2 billion
    April 27, 2000 Private Equity Round $60 million TCV


    MakeMyTrip Success Story – Becoming India’s Top Travel Startup
    MakeMyTrip has established its dominance in the Indian travel segment. This is MakeMyTrip’s success story, business model, funding. and more


    Expedia – Growth

    Expedia Revenue
    Expedia Revenue

    The global revenue of Expedia rose by approximately around 65% the last year that is over the previous year. There was a decrease sharply seen to $5.2 billion in 2020 because of the onset of the coronavirus (COVID-19) pandemic. Anyway, the company’s revenue went up to $8.6 billion in 2021 as the travel need improved.

    Expedia – Online and Social Media Presence

    Expedia has got its social media profiles present on Facebook, Instagram and Twitter and also has got its professional profile present on Linked In. Not only this but also Airbnb has got its name on various famous web portals.


    OYO: Growth | Subsidiaries | Challenges Faced by OYO Rooms
    Ritesh Agarwal founded OYO in 2013. Read to know the insights of OYO Rooms subsidiaries, growth, expansion, and challenges faced by OYO.


    Expedia – Competitors

    The competitors of the company are CWT, American Express Global Business Travel and Booking Holdings.

    CWT

    CWT is one of the top competitors of Expedia! It is headquartered in Minnetonka, Minnesota and was founded in 1994. CWT works in the Travel Industry Sector.

    American Express Global Business Travel

    American Express Global Business Travel is also one of the top competitors of Expedia. It is headquartered in Jersey City, NJ, USA and was founded in 2013. This company works in the Travel Agency Sector.

    Booking Holdings

    Booking Holdings is perceived as one of the top competitors of Expedia. It is headquartered at Norwalk, Connecticut and was founded in 1997. It operates in the Packaged Vacations and Your Operations Field.

    FAQs

    When was Expedia founded?

    Expedia was founded in 1996 in Bellevue, Washington, US.

    Who is the founder of Expedia?

    Rich Barton is the founder of Expedia.

    Who are the competitors of Expedia?

    Top competitors of Expedia are:

    • CWT
    • American Express Global Business Travel
    • Booking Holdings
    • Priceline
    • Trivago
    • TripAdvisor
  • How to Start a Travel Agency?

    Starting a travel agency will be so much fun, fulfilling, and most profitable career. The start-up costs are relatively low and there are plenty of opportunities for someone with a passion to sell travel. Starting any business is not easy, but it certainly helps you if you have someone to advise you and give out a path. In the travel industry, there is a huge option to earn also the travel and tourism industry plays a major role in the country’s economic development. This is because people always want or need to go to places.

    There are several resources available today, anyone with a passion for travelling can easily start a travel agency. In this article, we will talk about how you can start a travel agency by following some important steps. So without any further ado, let’s get started.

    Find a Travel Agency Niche
    Choose Your Travel Agency’s Name
    Choose a Business Structure
    Find Some Great Partners
    Build Your Marketplace
    Adapt to Your Target Market
    Promote Your Company

    Find a Travel Agency Niche

    A niche is your friend. When you start a travel agency a niche will help you establish your brand, create your travel agency name, and navigate the world when you get to that point. Starting a travel agency without a niche is like travelling without a smartphone.

    If you can confidently say that you have found a travel niche that you are passionate and knowledgeable about, then you have made a first step on the road to setting up a successful travel agency. You finding your business idea is one of the most important steps in starting a business.

    Total contribution of the Indian tourism industry in billion US dollars

    Choose Your Travel Agency’s Name

    Choosing a company name for any kind of business is a difficult and tricky task, so you need to take some time to do some research to come up with a creative and effective name. The company name ideas that you select for your travel agency should not only be functional, but they should be catchy and noteworthy too.

    When naming your agency, you will want to sit down and give some time to think about your business’s niche; how will you make your travel agency different and how can you set yourself apart? Before you start using the name that you have selected for your travel agency, make sure that it is still available and not already in use by some other company or business.

    Choose a Business Structure

    A base step in your travel agency business is to create a business structure. Let’s start from the ground up. You need to decide what type of business are going to have. Your options include:

    • Sole proprietor – Starting a sole proprietorship is easy. You can use your name and Social Security number to get started. You can use this information to get the permits and licenses that you need to start your business. When you are a sole proprietor, you can decide how you want to run your business. You can choose the job that you want to take. When you are a sole proprietor, you get all of the income that you make.
    • Corporation – As soon as your business becomes a corporation, you gain credibility. People are more likely to work with businesses that are a corporation than those that are not. If you are going to need help financing your business, you may need to start a corporation. When you start a corporation, you can have silent partners, who will help with financing. Corporations can offer benefits for their employees, such as health insurance.
    • Partnership – It is easy to set up a partnership because it is formed with an agreement between the partners. Just like it is easy to get started, it is easy to dissolve a partnership. As long as one partner is ready to stop, the partnership can change or dissolve depending on what everyone wants.
    • Limited Liability Company(LLC) – It is much cheaper to start an LLC than a corporation and it still gives you plenty of the same benefits. If you have a business that has plenty of risks, you may start San LLC to protect your assets. You can control your business, the way you want. Many believe that having an LLC behind your business name can make your business more official. People are more likely to work with you because your business looks more serious.

    Find Some Great Partners

    It makes a great value add for the customer making the booking, and the business involved gets their product in front of a large market. As travels fast in the industry, your travel partners will refer clients to your business once you have earned their trust. In return, you will do the same for them. You need to realise what type of tourism business you want to operate and what your objectives are for setting up the right partnership.

    Your travel partner network needs to be a good fit for your business, and have values that align with your own. For the active participation of all parties within your travel partner network to continue, each must see some direct benefits from the relationship. You never want to end up in a situation where one is doing all the work and another enjoys the benefits.

    Build Your Marketplace

    Nowadays people travel a lot around this world to see the unseen and to know the unknown. As a marketplace owner, you work as a middleman and your marketplace brings lower costs to the customers by letting them purchase directly from the sellers. Travel and tourism startups can only function if they are aware of their marketplace. It is natural to think that the marketplace can get thousands of users. It is the main task of a successful marketplace to facilitate communication between the suppliers and the customers. Understanding the trends that are out there, can allow marketplace owners to decide the best tools and tactics to use for that the company’s objectives.

    Adapt to Your Target Market

    To develop a successful marketing technique you need to define your target audience. This is important for new businesses looking to establish their presence within the market. Analyzing the market is also about researching competitors to-be. Look out for other travel agencies, who their audience are and how they are managing them. Different regions and different suppliers may have varying profit margins. First, you have to know the situation on the market, what deals are presented, and how you are being ranked compared to your competitor travel agencies.

    Promote Your Company

    • Instead of trying to compete with competitors, focus on pointing out the unique benefits of your service.
    • Travellers of all age groups are using social media networks where they talk about travel products, share experiences, or express their preferences. Use images, videos, questions, or statuses to promote and motivate potential clients to follow you.
    • Suggesting additional products on top of a standard package is the most straightforward method of increasing your revenue per customer. Explore and test to find out what your customers want, and use travel agency software to easily track and manage special offers and complementary products.
    • Combine different products into a unique travel experience. Create a package and try to offer a better price by setting a hotel, flight, and activity together.
    • One way to be a successful travel company is to establish your business in a niche market. The travel niche doesn’t need to be complicated or rare – but the more unique it is, the better. Niche travel means you are selling something that no one else sells, and that your product is different in some way.
    • The internet has changed every aspect of life and it has also affected how travellers book trips and how agencies can sell packages. Your customers can book 24/7 because the system receives and processes the reservations automatically.
    • A good way to stay ahead of your competitors is by offering the best possible prices on a worldwide range of high-quality travel plans.
    • Promote your business in Social media, when it comes to travelling, social media is the best option. Apart from that digital marketing strategies can also help you in achieving your goal.

    Conclusion

    While starting your travelling agency, you need to understand what can set your business apart from other travel agencies, and what you can offer that others cannot offer to the clients. If you are still in the planning stage of starting your travel agency, you need to keep in mind and follow all these steps. As everything is opening up once again after a big break because of Covid-19, the travel industry is once again back in action.

    FAQs

    Is tourism a big industry in India?

    Travel and tourism is one of the biggest industries in India.

    How much does the travel industry contribute to the Indian economy?

    The tourism industry contributes over $247 billion to the Indian economy.

    The most popular travel agencies in India are:

    • Cox & Kings
    • Make My Trip
    • Yatra.com
    • Goibibo
    • Travelguru
  • Business model of MakeMyTrip | How does MakeMyTrip make money

    When it comes to tour and tourism, MakeMyTrip holds a leading position in the market. The very popular Indian travel company, MakeMyTrip, launched in the year 2000. Ever wondered how this company makes money? Or how its business model is designed? Well, in most simple words, the business model of MakeMyTrip entirely revolves around the online travel services it offers.

    MakeMyTrip provides the facility of booking tickets for holidays, flights, busses, cars and trains. This travel company has made booking tickets very convenient for Indians. Also, it has improvised the travel conditions and arrangements in India.

    In this article, we have discussed the business model of this amazing travel company- MakeMyTrip and how it makes money. So, let’s get started!

    About MakeMyTrip
    Key services of MakeMyTrip
    Target Audience
    Where does MakeMyTrip operate?
    Business Model of MakeMyTrip
    What is unique about the business model of MakeMyTrip
    How does MakeMyTrip make money?
    FAQ

    About MakeMyTrip

    MakeMyTrip is a very famous Indian travel company, established in 2000. The company provides some very amazing online travel services and offers. With MakeMyTrip, you can book tickets for flights, hotels, buses and many more.

    This famous travel company was founded by Deep Kalra. The company directly communicates with the customers through its verified online platform and deals with all customers’ concerns related to travelling. In other words, MakeMyTrip is the perfect guide for you to plan your vacation.

    MakeMyTrip owns around 30+ franchised stores along with 14 different stores across 28 cities. In the year 2012, the company developed and launched its mobile application for its customers that provides over 10 lakh routes all around India. MakeMyTrip has made travelling super cool and convenient for the Indians by helping them in all aspects of travel requirements.

    Key services of MakeMyTrip

    MakeMyTrip provides various beneficiary services for its customers. Some of them are booking tickets for any sort of travel media such as flights, trains, buses or many others. Besides this, booking tickets for hotels, hire cars, and holiday packages, etc.

    Apart from this, there are many third-party services also available such as travel insurance, Visa and many others, especially for travelling in any other country.


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    Target Audience of MakeMyTrip

    There isn’t any specific group that MakeMyTrip separately focuses on. The travel company focuses on different groups with different specifications and segments. It attracts all kinds of age groups and genders. Although the company does prefer customers who have a vivid connection with the internet.

    Where does MakeMyTrip operate?

    MakeMyTrip is an India-based travel company but the company has expanded itself into foreign countries as well such as America, UAE and many others. MakeMyTrip has well-functioning offices in New York, Bangkok, Dubai, Kaula, Singapore, Phuket and many others.

    Business Model of MakeMyTrip

    The business model of MakeMyTrip is very strategic and mainly based on customer service. MakeMyTrip provides the audience with great offerings and also, facility to book tickets.

    India, being the fastest-growing digital travel agency that basically benefits brands like MakeMyTrip in making them a strong contender in the global market. And for this, their business model entirely strategies the marketing, price, name, promotion and location. The company provides satisfaction to its customers through its amazing customer-centric services.

    Apart from this, MakeMyTrip provides its services at affordable pricing rates. MakeMyTrip provides an e-marketplace that is basically available for a huge range of audiences across the world.

    The company promotes its services and offerings through electronic banners on television commercials, websites and various other channels. Also, it promotes through offline retail stores.

    Today, MakeMyTrip has become an elite brand and has great strategic planning including various marketing schemes and campaigns.

    What is unique about the business model of MakeMyTrip

    MakeMyTrip is way beyond just creating the most amazing experience for customers. In the competitive marketplace, MakeMyTrip offers the facility of customer testimonials that give strong feedback on the company’s customer service managers. And the great customers’ experience is what favours the company most.

    In addition to this, MakeMyTrip works on various tactics and technologies to improvise its products and services. This brings out a great additional advantage to the company, especially over its audience. Along with this, MakeMyTrip provides an advanced place to its retail stores for showing the company’s products.

    Revenue of MakeMyTrip
    Revenue of MakeMyTrip

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    How does MakeMyTrip make money?

    MakeMyTrip has its major revenue source from the fee it charges over the online bookings. Although the company provides the most affordable flight tickets, that’s what attracts the customers more. They do this by purchasing the tickets from the private airlines by a huge number and they then reduce the charge and sell these tickets to the customers and earn a good extra commission fee.

    MakeMyTrip earns huge profit through the flight tickets but as there aren’t many options available with the trains that’s why they did not offer this service over train tickets. The company has over 5000 to 10,000 registered hotels and around 1000 registered busses.

    Apart from this, the major source of revenue is from marketing of various companies like Tata, Kingfisher, SpiceJet and many others. They also earn revenue by advertising holiday packages of various hotels on their website.

    Conclusion

    MakeMyTrip is known as the leader in the travel market in India. The company follows the Business-to-consumer digital business model. It is amazing with its services and products, both online and offline platforms. The travel market in India has grown at the rate of 40% and a huge market share is taken by MakeMyTrip.

    This clearly shows that the company has its marketing strategies very effective and efficient. MakeMyTrip earns a good amount of revenue and has a strong marketing position. Stay tuned for more content!

    FAQ

    Who is the founder of MakeMyTrip?

    MakeMyTrip was founded by Deep Kalra in 2000.

    What is the revenue of MakeMyTrip?

    The revenue of MakeMyTrip was 163 million U.S. dollars as of 2020.

    Who are the competitors of MakeMyTrip?

    MakeMyTrip’s top competitors include Flight Centre Travel Group, Treebo, TravelTriangle, Yatra and ClearTrip.

  • Sabina Chopra: Co-founder & COO of Yatra

    Sabina Chopra is an Indian entrepreneur, who co-founded Yatra Online, Private Limited and serves as its Chief Operating Officer (COO) of Corporate Hotels. Prior to that, she served as an Executive Vice President of Operations at the company. She has 25 notable years of work experience in the Travel BPO sector and shares an astounding network within the travel community. She was appointed to the RCI India, where she escorted strategic priorities for the growth of the Indian travel market. She is an active Philanthropist and supports the “girl child” through NGOs. As of 2016, she has an estimated net worth of Rs. 263 crores.

    Sabina Chopra-Biography

    Name Sabina Chopra
    Born Delhi, India
    Current city Bangalore, India
    Nationality Indian
    Education University of Delhi
    Profession Entrepreneur
    Position Co-founder & COO, Yatra
    Net worth Rs. 263 crores (2016)
    Marital Status Married
    Spouse Aadesh Chopra
    Daughters 2

    Sabina Chopra- Personal Life
    Sabina Chopra- Education
    Sabina Chopra- Professional Life
    Sabina Chopra- Co-founder & COO of Yatra
    Sabina Chopra- Business Idea
    Sabina Chopra- Challenges
    Sabina Chopra- Honors & Awards

    Sabina Chopra- Personal Life

    Sabina Chopra - Founder of Yatra
    Sabina Chopra – Founder of Yatra

    Sabina was born and brought up in Delhi, India. She loves to go for a walk and spend time with nature. She likes to play music and is a graceful dancer as well. She has multiple talents and is an inspiration for many aspiring entrepreneurs.

    Sabina Chopra- Education

    Before co-founding Yatra.com, Chopra headed India based Operations of ebookers, an online travel company based in Europe. She completed her education at the University of Delhi. She took up a Bachelor of Arts degree.

    Sabina Chopra- Professional Life

    Sabina Chopra Entrepreneur

    Sabina started her professional career as a Supervisor/ Manager at Japan Airlines in 1991. She examined airport operations, ticketing, reservations and sales. She served at Japan Airlines for ten years and left the job in 2001. She has handled operations at Air Canada as well.

    She then joined one of the leading European travel agency firm, ebookers (Mr Jet). She worked as the Head of Sales of the Indian counterpart of ebooks for three years and left the job in 2004. She started working at Rac Business Solutions (Aviva Plc) and headed the operations at the company.

    In 2005, she joined a company called Hewitt Associates, which provides financial services owing to risk, retirement and health solutions. She soon left the job to establish her startup Yatra Online Private Limited in January 2006.

    She also served as the Managing Director at Wyndham Destinations, which is the world’s largest vacation club and exchange firm. She worked there for about three years, from March 2017 to July 2019.


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    Sabina Chopra- Co-founder & COO of Yatra

    Yatra Logo

    Sabina is the Co-founder and Chief Operating Officer (COO) of corporate hotels at Yatra Online Inc. She examines several operations of the company. Under her leadership, the company experienced a substantial growth with 370 billion travel-related online market in April 2012.

    Yatra Online Inc. is an Indian company which offers online travel agency services. It is headquartered in Gurugram, Haryana, India. It enables its users to book airline, railway and bus tickets online as well as car and hotel accommodations for customers.

    Yatra is today one of the largest online travel-related websites in India. The company has received funding from Reliance Venture, Web18 and Intel Capital.

    Sabina Chopra- Business Idea

    After working for a bundle of travel companies, she knew how the operations worked there. She thus decided to establish her own travel agency. Accordingly, she co-founded Yatra.com with Dhruv Shringi, Manish Amin and launched it in 2006.

    They aimed at availing services required for travelling be it, residential hotels, booking tickets, etc. Initially, she worked as the Executive Vice President of Operations at Yatra and later she sat on the position of COO. Some creative ideas like, “holiday-cum-shopping card” in association with the State Bank of India, developed more buzz and customer interests.

    Sabina Chopra- Challenges

    There was a time when Sabina had to take a break to support her family as the woman of the house. In spite of various challenges, she believed that she should never give up on circumstances rather learnt to fight and face them. She eventually returned back to start from where she had left. And today, people see Sabina as a wonder woman of all times.

    While establishing her travel agency, there was a lack of facilities as the market was not ready for her online portal as people were using the offline model since a long time. She and her team struggled to face the rejection of their online model from the airlines and the hotels. They had to make the website lighter as broadband penetration in India was burgeoning.


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    Sabina Chopra- Honors & Awards

    • She was bestowed with Women Leader in Travel and Tourism (January 2010)
    • World Women Congress gave her Women in Leadership Excellence Award (January 2014)
    • Corporate Dossier- Spencer Stuart, Economic Times conferred her with India Inc’s Rising Women Leaders (January 2015)
    • Financial Express named her in Ecom Startup Angels (January 2015)
    • Iamwire named her among 10 notable women in the Indian Ecommerce Ecosystem (January 2015)
    • She was named in LinkedIn Power Profile 2015. She was featured among the 10 most viewed profiles in India in the Internet Industry among 20 million plus users.
    • She was the Winner 2016 of She the People (October 2016)
    • She received Women Leadership Award for Excellence in Hospitality & Tourism Sector 2016 from Femina World Women Leadership Awards (February 2017)
    • She received Women of the Decade in the category of Innovation & Enterprise (April 2017)

    FAQs

    Who is the owner of Yatra com?

    Dhruv Shringi, Manish Amin and Sabina Chopra

    How does yatra com make money?

    There is a prospect of making good money with increasing demand for flight tickets. For domestic hotel bookings, your commission is based on the value of the bookings.

    Does Yatra charge convenience fee?

    The convenience fee for booking tickets through Online Travel Agents like Cleartrip, Yatra and MakeMyTrip has gone up significantly: MakeMytrip, Yatra and Cleartrip are each charging Rs 125 as a ‘convenience fee’.


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  • Teliportme – Simple and Powerful Platform to Create Virtual Tours for Every Budget

    Technology has dramatically changed the way real estate projects are marketed in the industry. Out of the various aspects of marketing, satisfaction is the priority for almost every organization. As for, customer engagement, virtual tours have proven to be a really effective tool for real estate companies.

    Gone are the days where people had to live in a hotel or a location to find out if it’s actually suitable. It is not easy or convenient for customers to visit every hotel before making a decision.

    The solution?

    Creating virtual tours for your business and customers so they can check out a location without actually visiting.

    The developers realized that 360- degree virtual tours are a good marketing strategy when added with eye-catching visuals and animations. All they need to do is to share these virtual tours over the internet and it can help strengthen their overall marketing strategy by conveying the message to the buyer.

    What is Teliportme?

    Teliportme is a virtual, cloud-based software with intuitive features. Its user-friendly design allows for a truly immersive virtual tour experience for users.

    It is ideal for real estate agents, hotels, businesses, travel agencies and restaurants. It has an unlimited free version that allows for 360 – degree camera functionality, unlimited embed functionality, and delivers your videos in 4k resolution.

    Create live or private virtual tours on Teliportme
    Create live or private virtual tours on Teliportme

    It is a premium virtual tour software because its comprehensive toolset is equipped with features for robust marketing and branding. Apart from creating virtual tours, it also features tools for live tours and private tours.

    You don’t need to have any advanced technical knowledge to create virtual tours. All you need is to simply capture and upload panoramic pictures and Teliportme will automatically set up everything.

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    Teliportme – Features

    Teliportme lets you explore listings through images and panorama taken by users. It provides features like

    Custom brand

    Teliportme allows you to easily share or embed tours with your own logo in its editor.

    Custom hotspot icons

    You can add images, videos, audio and fully customize the look and feel of your tours. You can customize every aspect of your tour.

    Unmetered bandwidth and disk space

    Unlimited file sizes of your virtual tours without any cap on data transfer.

    Teliportme real estate virtual tours dashboard
    Teliportme real estate virtual tours dashboard

    Free training webinar

    The business upgrade lets you access 3 in-depth training webinars which will increase your ability to create stunning photos and virtual tours.

    Supports all 360 cameras

    Teliportme lets you use any 360-degree camera or DSLR to capture your images and upload them.

    Embed

    You can customize and embed virtual tours on any website as long as it is built on WordPress, Squarespace, or Wix.

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    Share everywhere

    You can share your virtual tours with anyone using a public link including your social media channels with custom thumbnails.

    Virtual Reality Player

    Your customers will experience 360 – degree photos in virtual reality directly from their mobile devices.

    World-class support

    If you have any issues, the Teliportme team will address your queries within 24 hours. Support is provided through both email and phone.

    Teliportme – Pricing Plans

    Single – $79/ lifetime

    • 1 Brand account
    • 10 live virtual tours
    • 3 GB storage

    Double – $158/ lifetime

    • 10 Brand accounts
    • 20 live virtual tours
    • 6GB storage

    Multiple – $237/ lifetime

    • 25 brand accounts
    • 40 live tours
    • 9 GB storage

    Teliportme – FAQ’s

    What is a Virtual Tour?

    A virtual tour is a collection of 360 degree photos linked together with “hotspots”. These hotspots are used for navigation and allows a viewer t experience the space virtually. These tours can include branding, contact info, videos, URL links, location information, images etc.

    What are hotspots? How to add and edit them?

    A hotspot is an interactive element that you add to your virtual tours. It consist of an icon and an optional label which triggers a variety of actions, when clicked.

    What is Horizon Correction?

    Sometimes taking videos on a 360 camera can be difficult as the camera gyro stops giving you the right readings if the camera is tilted in anyway. Horizon correction removes any tilts and slants to create perfect panoramas that you can use for your tours.

    What is the difference between private, public and unlisted virtual tours?

    Public tours are visible to everyone. Private tours are only visible to the owners of the account when they are logged in, whereas unlisted tours are only visible when you have access to the link of panoramas or tours.

    Is Teliportme virtual tours MLS compliant?

    Yes- they are MLS compliant. After you create a tour and are ready to share, you will be given an option to choose the MLS link after which your virtual tour will become fully MLS compatible.

    Teliportme – Conclusion

    No matter how descriptive your listings are, you cannot expect your customers to make a decision without physically checking them out. However, physical inspections take time and effort, and you might lose out a few customers in the process.

    With Teliportme, you have complete control over your real estate projects as you offer your clients virtual tours that can be viewed on their own devices. Teliportme will set up everything up once you capture and upload your panoramic images.

    Since it offers unlimited embed, you can easily use YouTube videos and more, in just a click. Your clients can enjoy these tours as Teliportme easily integrates with Samsung Gear VR and Oculus Go.