Business Idea: Start A Travel Planning App Business in 2024
In the past, arranging trips on your own was a challenge only a few people could take on. Travel agents were on the rise at the time and handled everything from hotel reservations to ticket booking and traveler's itineraries.
Today, travel agents are at the risk of becoming obsolete as more travelers embrace the online travel trend. According to research, the online travel booking service will experience a compound annual growth rate of 9.0% in the coming years.
Therefore, starting an online travel-planning app business can be a profitable venture. Some potential opportunities include:
- Travel itinerary planning apps
- Travel booking apps
- Location-tracking apps
- Language translation apps
The travel-planning apps should provide users with instant availability of information, a one-stop platform, & simplify transactions,
Revenue & Profitability
How much do travel-planning app businesses make?
Startup Costs
How much does it cost to start a travel-planning app business?
- It can cost as low as $100 to start a travel-planning app business.
- It can cost as high as $200,000 to start a travel-planning app business.
Learn more about the costs of a travel-planning app business.
Examples Of Successful Travel Planning App Businesses
Successful travel-planning app business businesses and case studies
CuddlyNest has become the only online travel agency that offers all types of accommodations in one platform, with inventory currently including over 4 million properties of all types in 80k+ cities, and is expecting to hire more than fifty new employees in the coming months.
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.
See full list of successful travel-planning app businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
