If you’re looking for a turnkey business opportunity and are thinking a travel agency franchise might be the way to go, we couldn’t agree more — especially if you partner with Cruise Planners! We’re the nation’s largest home-based travel advisor franchise network, and the demand for our services is at an all-time high.
But what are some factors that are shaping the travel industry? What are the projections for it, and what are some perks you can look forward to as a Cruise Planners franchisee? Keep reading to find out!
A Renewed Enthusiasm for Travel
The Covid-19 pandemic has touched just about every aspect of life, particularly travel. Initially, people across the globe were required to stay put, with little to no opportunity for exploring new environments. Travel to other countries became impossible because of lockdowns, restrictions, and health risks, affecting people all over the world.
Thankfully, that has changed. In fact, today, as a result of past restrictions, many people are embracing the idea of travel with renewed enthusiasm. Because traveling was not possible for a few years, many would-be travelers have been able to save money earmarked specifically for traveling, which they’re now spending on vacations and trips — a phenomenon that’s become known as “revenge travel.” Additionally, with offices having opened again, many businesses are shifting back to in-person events, which are acting as an additional industry driver.
A Personalized Approach To Booking
Today's traveler also wants to feel like they're being taken care of and to feel as though their wants and needs are being factored in. They want a personalized approach to travel, one that allows them to build unique itineraries and that lets them customize their travel packages to accommodate their interests, their budget, and the size of the party they'll be traveling with. This will require travel advisors to always be responsive and flexible to the needs of their clients and that agents have the resources at their disposal to create the kind of travel experiences their clients want — everything your Cruise Planners franchise will be known for!
As most of us know, the pandemic has created the unique opportunity for millions of Americans to work from home. Today, however, many of those workers are combining business with pleasure, choosing to work from “home” in locations other than their own living rooms. Today's travel industry is recognizing this new breed of traveler and their quest for "bleisure" time, with the latest statistics pointing to nearly 5 million digital nomads in America. Furthermore, business travel is back to near pre-pandemic levels, and when traveling for work, more than 50% of Americans say they’d extend their trip to enjoy some personal time at whatever destination they’re at.
This blurring between work and pleasure has added fuel to the travel industry in a way that has allowed it to grow exponentially, and it shows no signs of slowing down. Just take a look at these numbers:
- $855B: Projected revenue of the travel and tourism market for 2023
- 4.42%: Projected annual industry growth rate for 2023-2027
- $1,016B: Projected market volume by 2027
- 74%: Percent of revenue generated through online sales by 2027
What these statistics speak to is an industry that is very much thriving and showing no signs of slowing down.
Full-Time. Part-Time. Your Time!
A Cruise Planners franchise from home investment opportunity is one of the most affordable available, one that will allow you to capitalize on an industry that continues to grow and evolve. You’ll have the ongoing support of our expert team, a business model that takes the guesswork out of things, and the ability to call the shots! Work as little or as much as you’d like from anywhere in the world — how many careers can boast perks like that? Best of all, you’ll be able to live the lifestyle you’ve always wanted, one that leaves room for a personal life and some fun along the way!
So, what are you waiting for? Get in touch today to open your Cruise Planners travel agency franchise and start living the life you’ve always dreamed of!