Why Travel?
In real estate, they say location is everything. In business, success usually has a great deal to do with timing. In travel, there couldn’t be a better moment than right now. There are two huge trends in the travel industry right now that can be taken advantage of.
Trend 1
Simply put, travel is the world’s largest industry. At over 8 Trillion spent annually worldwide, and a growth rate that puts it on pace to double in the next 4-6 years, it’s a vast market. Baby Boomers are retiring at the rate of 1 every 8 seconds and they will continue to drive the growth for the next 10-20 years. This is a huge opportunity both from a business perspective and a leisure perspective!
Trend 2
With the dawn of the internet age, more and more consumers are booking their travel online. In 2006, Forrester Research reported that 73% of US Households are online and 82% of US travelers are online. More than half of them research and book travel online. In 2008, nearly $1 Trillion USD was spent in tourism and travel related activities. According to CNN Money, travel is the single largest category or e-commerce, accounting for about 43% of all online spending. This means that the industry is no longer controlled by store-front agencies.
What’s This Mean?
With hotels hurting for business, the tourism industry booming, and airlines making positive business solutions, there’s only one conclusion: now is the time to begin the lifestyle of your dreams! There is a way to not only achieve your own travel dreams, but also help others achieve theirs! I would love to tell you all about how I help others achieve their dreams while living my own. Contact Me!