How to Open A Travel Agency – A Complete Guide (2024)

The travel business is a fast growing business (CAGR ~ 6%), making it a compelling option for entrepreneurs. The travel industry has consistently demonstrated resilience and growth, driven by factors such as increasing disposable incomes, globalization, and a growing desire for experiential travel. Travel businesses can generate revenue from various sources, including booking commissions, tour packages, accommodation reservations, transportation services, travel insurance, and ancillary products like excursions or event tickets.