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Travel Business Opportunity - Baby Boomers Creating A Vast Market For Online Travel
Published by admin | Filed under Automotive, Travel and Leisure
Opportunity in travel?
Location. Location. Location. You hear this all the time in real estate. Location is key. However, in business your success usually has more to do with timing. In the travel industry, right now is that moment.
There are two trends that are merging at this very moment that could put this market in position for exponential growth.
TREND #1:
Simply put, travel is the world’s largest industry. Worldwide, over $7 Trillion is spent annually, and at a growth rate that’s on track to double in the next 4-6 years, it’s a vast market to say the least. Baby Boomers are retiring at the rate of 1 every 8 seconds and will continue to spur this growth for the next 10-20 years.
This could be a rate of 10,000 potential vacationers retiring every day! Any company able to take advantage of this growth in an industry this enormous could be poised to make more money than seems imaginable.
TREND #2:
With the help of the internet in recent years, a growing majority of consumers are booking their travel online. Forrester Research stated, in 2006, that 73% of all US Households are online and 82% of all American travelers are online. More than half of them research and book travel online.
In fact, CNN Money states that about 43% of ALL online spending is for travel, making it the single largest category of e-commerce. This means that the brick and mortar travel agent is no longer driving the travel market. The little privately owned travel agencies you used to find at every shopping mall and strip center are quickly vanishing.
What is the outcome of all this? More and more money is being spent on travel every day, and more and more of it is being spent online. There is opportunity revealing itself to those who are not blind to these hard hitting facts. If you can find something that can help you take advantage of these numbers, you could very well be setting yourself up for a windfall.
I hope you can see the huge potential here…success comes from getting into something at the right TIME.
- Travel is a $7 Trillion Industry
- Baby Boomers are driving the market
- Boomers are retiring 1 every 8 seconds
(10,000 per day) for the next 19 years!
- 73% of All US Households are online
(82% of US Travelers)
- 43% of ALL Online spending is Travel
Will Thompson has been working as an artist for most of his life. Growing tired of working many late nights on popular video games led him to trying to find the perfect work at home opportunity. That search resulted in him becoming a referral travel agent and working from home part time running a travel website that generates income and free travel. Travel Home Business Opportunity
Tags: agent, home, income, online, opportunity, travel, travel agent, vacation, work, work at home
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