The chances for success in the travel and hospitality business are vast, ranging from providing housing to conducting guided tours. Because the commodities of travel are varied and vast, your future tourism company may take many different shapes.
Whatever your reason for wanting to start your own business, Travel and hospitality business ideas are excellent places to begin!
2020’s Best Travel and Hospitality Business Concepts
1. AIRBNB COMPANY
An Airbnb company provides visitors with a place to stay in someone’s home. Many guests are searching for housing that is more personalised and one-of-a-kind. In comparison to a hotel or motel, Airbnb homes provide a more homey atmosphere. Guests may stay for as little as one or two days or for as long as two weeks.
Airbnb is a terrific method to supplement your income, particularly if you have vacant rooms or a large amount of space in your home. You will be hosting people, so you should be comfortable conversing and connecting with them. Some homeowners who travel often may rent out their properties while they are away. This enables them to get revenue while also having someone look over their house while they are not around.
2. AIRPORT SHUTTLE SERVICE
Airport shuttles bring passengers from the airport to their homes, hotels, or parking lots. Business travellers, groups, families, and solitary riders all utilise airport shuttles. The driver picks up passengers at a prearranged spot and lets them off wherever needed; normally, no more than two stops are made on each trip. Vehicles are often roomy, with plenty of capacity for passengers’ belongings.
Individuals with the desire to create their own travel company and a desire to communicate with others would be most suited for this business venture. Because so much time is spent on the road, an entrepreneur who likes driving would be an excellent choice.
3.AMUSEMENT PARK
Amusement parks, often known as theme parks, provide rides, games, and entertainment choices in either an outdoor or indoor setting. Customers usually pay a single admission ticket to get access to the whole park. The successful amusement park strategy emphasises on the full customer experience, including parking, trams, food choices, water parks, roller coasters, live animal attractions, stage performances, arcade games, appealing interactive landscaping, and family-friendly fun. The bigger your property, the more entertainment options you may provide your clients.
You must be a highly driven person who is willing to spend a significant amount of money in the idea, design, and execution of your amusement park. Extensive understanding of ride operation, restaurant and visitor services, landscape design, business processes, and strong leadership qualities may be required.
4. BREAKFAST AND BED
By combining sleeping rooms with a complete meal, a bed and breakfast company provides guests with an option to hotels and motels. Most bed & breakfasts also provide more distinctive and intimate settings than other types of hospitality.
Anyone who likes entertaining others may be well-suited to operating a bed and breakfast company, since customers want a degree of hospitality that hotels and motels can not supply. Business owners should like interacting with customers, preparing meals, and making visitors feel at ease.
5. BIKE RENTAL COMPANY
Bike rental shops sell out bicycles to clients, who are often, but not always, visitors. Bikes are often leased for a few hours to explore the area recreationally. However, customers may include college students on campus or those who rent for practical reasons. Your company might be a stand-alone store, part of a bike sales and servicing operation, or affiliated with a hotel or other hospitality establishment.
Because clients may be rough on bikes, operators of bike rental businesses should be technically savvy. Also, since bikes are often hired to explore the surrounding region, you should be quite acquainted with your home base and be prepared to recommend tourist spots. You should have a friendly demeanour and be driven to provide excellent customer service.
6.TOUR COMPANY FOR BIKES
Do you like riding your bike around your hometown or major tourist destinations? Does bringing a buddy along to view the sights actually brighten your day? Running a bike tour business might be exactly up your alley. This may be a fulfilling travel company, whether you are just renting bicycles and maps for customers to use on their own or giving week-long tailored guided tours that include meals and housing.
If you want to manage a one-man show, you must be physically active, have excellent people skills, and like managing all aspects of your company. If you run a significant tourist attraction, the ideal owner will have a strong experience in business management, with an emphasis on the service sector.
7. BOUTIQUE TOUR COMPANY
The emphasis of this travel company concept is not on major tourist locations, as it is with a standard tour guide service. Instead, it concentrates on one-of-a-kind and distinctive experiences. These sorts of tours/parties are popular among both locals and visitors.
People choose activities that are more genuine and congruent with what locals do rather than just taking a sightseeing trip to view the big landmarks. Hiking, climbing, bungee jumping, flying down a wire cable above the tree canopy, whitewater rafting, and other activities may be quite energetic. Many people prefer such active experiences to regular bus excursions, when tour operators narrate things as the vehicle goes by.
8. BUS TOUR COMPANY
A bus tour company offers excursions to both visitors and locals. Tours of beautiful and historical regions, as well as other points of interest, are an important community service. Bus excursions bring people together to share an experience. They also teach people about historical sites, local history, geography, and other vital features of your city and its surroundings.
A bus tour business is ideal if you want to provide people with the chance to learn more about a location while also enjoying the company of others. This is your opportunity to bring people together. Bus tours can help people learn and appreciate cities, towns, monuments, and unique places. Customers who take a bus trip have a new respect for the location in which the tour is performed.
9. CAMPSITE
You might establish a campground company if you like the outdoors and are willing to put in the effort. Whether you own property or are in the process of acquiring land, you might begin enjoying the great outdoors and working for yourself as soon as you have everything in place. You’ll give a stop for individuals passing by on their route to another location as well as those who wish to spend some time interacting with nature. Campers utilise a variety of shelters, ranging from tents to completely enclosed RVs.
You’ll need the expertise and desire to handle many things before you start a campground company, including bookkeeping, repairs, road maintenance, plumbing, electrical maintenance, and management. You may be able to outsource some of these tasks, but doing them yourself is significantly more cost-effective.
10..RENTAL OF CANOES AND KAYAKS
Many individuals like being on the water but do not own a boat or wish to go boating someplace they cannot bring their own. People may borrow canoes and kayaks from a canoe and kayak rental company and take them out on neighbouring rivers. Customers may rent canoes for as little as an hour or as much as a day.
Anyone who likes canoeing and kayaking may be a good candidate for starting a canoe and kayak rental company. Canoes and kayaks must also be moved onshore by business owners.