2 Travel App Business Success Stories [2024]
Traveling has become an essential part of people’s lives. A travel app business can help you tap into the ever-growing travel industry, providing a platform for travelers to explore new destinations and experiences.
By offering a wide range of services such as booking flights, hotels, rental cars, and tour packages, a travel app can become a one-stop-shop for all travel-related needs. Moreover, it can provide users with valuable information about travel destinations, including popular tourist spots, local customs, and safety tips, making their travel experience more enjoyable and stress-free.
With an intuitive, feature-packed app that caters to diverse globetrotter needs and makes travel more epic, connected, and memorable, you can position your platform as a must-have tool for modern adventurers across the world.
In this list, you'll find real-world travel app business success stories and very profitable examples of starting a travel app business that makes money.
1. LuggageHero ($1.2M/year)
Jannik Lawaetz, the CEO and Co-Founder of LuggageHero, came up with the idea for his business after experiencing the inconvenience of dragging his luggage around while traveling. His lightbulb moment came when he was stranded outside an Airbnb apartment with his luggage and had to convince a local shop owner to store his bags. Since then, LuggageHero has grown to over 40 locations in major cities across Europe and North America, offering travelers a convenient network of short-term luggage storage options.
How much money it makes: $1.2M/year
How much did it cost to start: $10K
How many people on the team: 12
LuggageHero CEO Jannik Lawaetz founded a network of short-term luggage storage options with +40 locations across the world and raised $2.25 million in funding in 2019, with aims to expand to +1800 locations using a POI algorithm, offering customers value and building a reliable team.
2. TourScanner ($720K/year)
Simone Semprini, CEO and Co-Founder of TourScanner, came up with the idea for the business while traveling in Brazil and struggling to find activities and tours online. Seeing the opportunity in the growing market for online tours and activities, he developed the concept, connected with co-founders Guillaume Picard and Joseph Dimucci, and launched TourScanner as the first meta-search engine for tours and activities. Despite the challenges of the COVID-19 pandemic, TourScanner has recovered and is now performing better than ever, with a monthly net revenue of $60k and plans to reach $1M ARR in 2022.
How much money it makes: $720K/year
How much did it cost to start: $5K
How many people on the team: 5
TourScanner, a meta-search engine for tours and activities, achieved monthly net revenue of $60k and plans to reach $1M ARR in 2022, utilizing a lightweight business model based on affiliate programs that earned a commission from referrals sent to major travel companies like Viator, GetYourGuide, Musement, and Groupon.
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