How Promising is The Travel And Tourism Buisness?

[TopSilver]

In other countries can be rewarding for resorts and things like that. They make big money in certain countries that are popular like the Bahamas and so forth. Most seaside resorts have hurricanes though sometimes and weather can be a factor. Also be careful what country you do your business in. There have been stories of resorts being raided in Africa by African tribal gang members and people getting kidnapped.

But that's rare and it can be a good industry.

 

[Jlife]

Well it is only profitable in the western country or a country that has a lot of tourist sites, I just believe this type of business may not really be profitable in Africa where people here do not appreciate tourism, really need to do a lot of research about it.

 

[Kunkun]

Indeed it's a great endeavor especially if it's in a place that welcomes tourists and secure, because their safety has to be guaranteed first or there is no point doing tourism then

 

[Psalmseen]

Traveling and tourism business is a very lucrative business that fetches lots of money after a reasonable feasibility studies has been carried out. There ain't much people that are into the business in Nigeria

 

[Kelly5]

Travel and tourism business has been a lucrative type of business since the existence of humans on earth and still is in our today's world. Just do your research on how to go about it

 

[Setfragil]

In my country, travel and tourism is a very good business if you have a good knowledge and experience on it especially if you deal with pilgrimage tourism that moves a large numbers of people at a time, you will surely makes good profits.

 

[Ralphjoe]

this type of business is very complicated because for you to saxena need you need to do it in a certain location in location that is highly populated or a location that is a travel destination for a lot of people and example is Dubai and other countries in the West, that is why you should think of starting up this business.

The tourism and travels business is in shambles now as a result of the covid-19 pandemic restrictions and locked and which most countries has refused to open their borders for tourism but I am very hopeful that this borders would be open soon.

 

[Bousine123]

It's a really lucrative business my friend. If you can find a way to get lots of connections and also lots of startup Capital, you can make lots of profits within a few years.

 

[eLdavis]

It is indeed a good business to go into but personally I feel to succeed or fail in this business is based on how much effort you put into it, you also need to put your creativity in action as well. Though it is not that common in my location so I can't say much on this.

 

[cryptogan]

Travel and tourism though is very fast moving business and quick cash generator very profitable provided you reach out to people who wanr to travel and is looking for your services. Investment also is very limited but huge profit saving. All you need is suppliers and their prices. Either they give you commission or you add your margin of profit.
With third wave round the cornor how long pandemic stays noone can predict but if ever we come through it and that also alive. Then massive tourism. Will be there all over the world people are fed up of not travelling staying in one place. All sorts of tourism will explode. Even budget tourism will see an explosion of tourists. Yes people are laid off people have no wages savings left. Economy is down. Despite many problems one industry will rise massively and that is Travel and Tourism and other is food beverage restuarents Industry third is shopping yes fashion is going to boost up may be not as much as tnt and food but still.
So ask your aunt to first make up her mind in which dept she wants to do business air or road transport or accomodation or travel services such as packages etc she needs to know whether domestic or international or food tourism or shopping tourism such as dubai etc

 

[Sotherefore]

It is indeed a good business to go into but personally I feel to succeed or fail in this business is based on how much effort you put into it, you also need to put your creativity in action as well. Though it is not that common in my location so I can't say much on this.

For now that I do not have enough capital to start up a business I prefer to invest my money in trusted investments such as cryptocurrency, I may not be able to start up a profitable business now.

 

[tyrim88]

What I realized about this business is that you dont need much to start up.So long as you are able to raise money to have an office and a few for marketing yourself you are good to go.The main thing is having a convincing power to dealers you willing to work with.You talk with big hotels and attractions sites managers on how they will charge when you organize for such and bring people.

This is a very good idae,especially where you will have to serve as agent operating under an agency to facilitate these persons coming in,aother thing that will kep one going is the issue of good tourist attraction in the area.

 

[Alexandoy]

My niece and her friends were about to make a start up of a local tour agency. Fortunately the pandemic came before they registered the business. Tourism is dead right now even if some local resorts are having customers (in subtle way because it is prohibited). It can only recover when the pandemic ends.

 

[Kelly5]

The travel and tourism business is one very good and lucrative type of business to engage in out there today. She can make it even more interesting if she runs it online and have a lot of advertisement about it on various channels of the social media

 

[eLdavis]

For now that I do not have enough capital to start up a business I prefer to invest my money in trusted investments such as cryptocurrency, I may not be able to start up a profitable business now.

This is also a good move, instead of spending the little you have on other things simply because it's not enough to start your desired business, you can simply invest them on crypto currency then with time save up to carry out your original business plan.

 

[Heatman]

It's actually a very good kind of business when you know exactly how to go about it because it's not something that most people have the knowledge to do which makes it a unique business.

 

[tuna89]

Such businesses need a high level of . marketing and trust, you get the trust especially when you have help lots of clients successfully, a very profitable business as well

 

[Ezekiel]

I could remember when I when to visit a tourist center at ogun state,the place is called olumo rock that is the first time I had seen a rock that big but n my life,we when to the cave where the people hid themselves during war it was interesting,I met white people taken pictures of the rock and when I came back sincerely virtually everybody wanted to see pictures of it on my phone,if I was into business then I would have made larger frame of the pictures and sold them out, traveling and tourism is a lucrative business

 

[Sotherefore]

This is also a good move, instead of spending the little you have on other things simply because it's not enough to start your desired business, you can simply invest them on crypto currency then with time save up to carry out your original business plan.

Yes for now cryptocurrency is my most preferred option because that's one of the best type of investment for me, a lot of people have interest in investing in cryptocurrency ,what about you ?

 

[eLdavis]

Yes for now cryptocurrency is my most preferred option because that's one of the best type of investment for me, a lot of people have interest in investing in cryptocurrency ,what about you ?

Yes I also have interest in investing in crypto currency, I have invested in some in the past, and I plan on investing in more with time once I have enough capital, right now things are Abit much for me.