Tour Company

How Much Money Do Tour Companies Make? (2024)

Pat Walls

•

Updated: June 23rd, 2024

TL;DR:

Based on our data, tour companies can make between $3,750-$500,000 per month.
The average revenue for a successful tour company is $74.8K per month.
The highest grossing tour company in our records makes over $6,000,000 per year.
Tour company owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting a tour company?

And now you're wondering how much tour company owners actually make...

Well, let’s dive in!

Here are example of real tour companies and how much money they make - as reported by the founders themselves:

1. Rayna Tours ($6M/year)

Manoj Tulsani and Kamlesh Ramchandani, founders of Rayna Tours and Travels, started their business a decade ago with no experience in the travel industry. Despite the challenges, they grew their venture into one of the UAE's leading destination management companies, earning over $40 million per year. Their success is attributed to their focus on exceptional customer experience, strategic investments in their own infrastructure, and the use of advanced technology to provide convenient travel services.

How much money it makes: $6M/year

2. Under30Experiences ($3.6M/year)

Matt Wilson, co-founder of Under30Experiences, came up with the travel company idea after going on a life-changing trip to Iceland. He saw the opportunity to bring his community of young entrepreneurs on similar retreats, and after organizing a successful trip to Iceland, the idea caught on and the business took off.

How much money it makes: $3.6M/year

3. Delicious Denver Food Tours ($900K/year)

Jessica Baumgart, the founder of Delicious Denver Food Tours, came up with the idea for her business after realizing her passion for food and travel while backpacking through 25 countries on a year-long trip around the world. With a background in marketing and communications, she began teaching cooking classes and eventually launched a food tour in Denver, which quickly gained popularity and now generates $20,000/month in revenue. Through relationship building with local restaurants and positive reviews on platforms like TripAdvisor, Baumgart has been able to attract and retain customers for her successful food tour business.

How much money it makes: $900K/year

4. Augustine Tours ($648K/year)

Augustin Ndikuriyo, the founder of Augustine Tours, came up with the idea for his business when a client at the hotel where he worked asked for recommendations on travel companies in Burundi. Unable to find any options, Augustin saw the opportunity to fill the gap in the market and launched Augustine Tours in 2010. Since then, the company has grown to generate an impressive monthly average of €50K, offering unique safari experiences in East Africa that go beyond traditional tourism.

How much money it makes: $648K/year

5. Envi Adventures ($516K/year)

Corey Rust, founder of Envi Adventures, came up with the idea for his air tour business after realizing the potential in offering scenic flights over Multnomah Falls in Oregon, a highly visited tourist spot with heavy traffic. Despite facing initial skepticism, Rust started the business with minimal funds, creating a basic website and social media presence to generate interest. After a long search for an airplane, he finally found one and obtained the necessary approvals to launch his business, which has since experienced significant growth, reaching a revenue of over $30,000 per month in its second year.

How much money it makes: $516K/year

6. Arara Tour ($132K/year)

Nune Tatunts, the founder of Arara Tour, started her travel company in Armenia in 2014. Through hard work and dedication, Arara Tour has become one of the leading tour operators in Armenia, with branch offices in Georgia and Uzbekistan. Despite the challenges posed by COVID-19 in 2020, the company was on track to double its revenue from the previous year, showcasing their success in the tourism industry.

How much money it makes: $132K/year

7. Front Desk USA ($120K/year)

Tom Shott came up with the idea for Front Desk USA after realizing there was a demand for a product that hotels could provide to their guests with local information. He saw an opportunity to improve the existing map publication and purchased Front Desk USA in 2001, expanding it to over 100 maps nationwide. The success of the business has led to the development of a digital model and plans for further expansion in the future.

How much money it makes: $120K/year

8. Secret Food Tours ($120K/year)

Nico Jacquart and Oliver Levene, founders of Secret Food Tours, came up with the idea when they realized that many of their friends traveling to Paris or London would ask them for recommendations on where to eat. After testing the market with a quickly created website and selling their first ticket within hours, they knew they had a winning concept. Now, Secret Food Tours has launched over 80 tours in more than 50 cities worldwide and continues to experience 100% year-on-year growth.

How much money it makes: $120K/year

9. Wander New Mexico Food Tours ($120K/year)

Joe Griffith, founder of Wander New Mexico Food Tours, came up with the idea for his business when he and his wife decided to leave their corporate jobs and move to Santa Fe. Recognizing the potential in the tourism market, Griffith initially planned to start a bike tour company but ultimately decided on a walking food tour due to its higher demand, lower risk, and his passion for finding and eating at great restaurants. Since launching in 2016, the business has experienced impressive growth, with over $30K/mo in sales during peak months and a 70% year-over-year growth rate.

How much money it makes: $120K/year

10. Free Walking Tour Italia ($118K/year)

Three young Italian travelers got the idea for their business while on a road trip from Shanghai to Cambodia. They participated in Free Walking Tours and realized it was a perfect way to discover cities. They decided to bring the concept to Italy, where it was underdeveloped, and created the first and largest network of Free Walking Tours in the country, attracting more than 7,000 tourists in just two years.

How much money it makes: $118K/year