How Promising is The Travel And Tourism Buisness?

[glitch]

Its not everybody that are find of travelling , some people prefer staying closer with their love ones , since they have a well paying job that is sufficient to satisfy their family.

That is true as well. Some people just don't care to travel be it for work or otherwise and I can't fault them for that. With how everything is in the world these days, I think people are realizing how time is precious.

 

[tyrim88]

Traveling and Tourism has ever been a lucrative business and it will still be profitable after the pandemic, this is because a lot of people have stayed in their current location for long and they will like to take a break or holiday to chill after a long pandemic staying in one place.

The travel and tourism sector is a very important one because if the country has fully develope that sector they will benefit fromthe patronage of foreigners and the country residents as well,because some persons will like to be going for tourism

Travelling and tourism business is a very lucrative business but it will require a lot of capital and I will see have not seen an individual who owns a tourism and traveling business here in Nigeria. most tourism business and mostly government government.

That is why the enabling environment need to be put in place for investors to come in and tap from the potential in the sector,a lot of persons are really interested in going into that sector,but the encouragement is not there.

 

[Shigobad20201]

That is true as well. Some people just don't care to travel be it for work or otherwise and I can't fault them for that. With how everything is in the world these days, I think people are realizing how time is precious.

The time is really precious and there are many things you can gain where you are if you have a stable business to handle instead of travelling around visiting people without making profit

 

[glitch]

The time is really precious and there are many things you can gain where you are if you have a stable business to handle instead of travelling around visiting people without making profit

I think there is more value in establishing a firm foundation where you are, within your community. If you choose to raise a family, then that is even more of a reason to ensure you have a stable community and home for your children to grow up in. We tend to focus too much on other places and comparing other places, wanting other things.

 

[Shigobad20201]

The travel and tourism sector is a very important one because if the country has fully develope that sector they will benefit fromthe patronage of foreigners and the country residents as well,because some persons will like to be going for tourism

That is why the enabling environment need to be put in place for investors to come in and tap from the potential in the sector,a lot of persons are really interested in going into that sector,but the encouragement is not there.

Though travellings and tour business is a good and lucrative investment, but there are fewer people who tend to invest in the business because they dont know much about it.

 

[tyrim88]

Though travellings and tour business is a good and lucrative investment, but there are fewer people who tend to invest in the business because they dont know much about it.

This kind of sector thiugh have huge potentials,and that is one areas that the government need to come in to encourage actors in the sectors,because as it is the enabling environment like security is very vital for those coming in from outside the country.

 

[Ronald]

Once the pandemic is over, my aunty is planning on starting a traveling and tourism business. She is still carrying out her feasibility studies on several destinations while also juxtaposing the risks and benefits.

She wants to know to what degree is she likely to succeed and make mega bucks form this venture. How lucrative can this business be and the possible risk involved?

This business is very lucrative but it is important for her not to expect instant profits. This is due to the fact that people are still adapting to the impact of COVID-19. Many people are still hesitant to travel in case they contract the virus and this will take some time before they let go of this thinking

 

[Shigobad20201]

This kind of sector thiugh have huge potentials,and that is one areas that the government need to come in to encourage actors in the sectors,because as it is the enabling environment like security is very vital for those coming in from outside the country.

Travelling and tourism business has a lot of potential , apart of the money you can get from the business , you also have the opportunity of meeting new people most especially foreigners in the line of business .

 

[tyrim88]

Travelling and tourism business has a lot of potential , apart of the money you can get from the business , you also have the opportunity of meeting new people most especially foreigners in the line of business .

Yes that is true,the potentials in the sector is very massive,you will get to meet different persons from diverse baground,and also the aspect of flow of foreign exchange into the economy is another advantage.