Travel Franchises Information

Most people dream of sitting on white sands by clear blue seas with a cocktail in one hand and cooled by the shadow of a palm tree – and sending people on holidays to their dream locations is big business.  Unsurprisingly, the market is bursting with travel agents and businesses offering to help tourists revitalize themselves in sunnier climes, despite the number of package holidays tumbling in recent years.

But anybody looking to get involved in the industry has a few problems, namely breaking into such a vast market teeming with businesses. Of course, this is where franchising can help, with travel franchises providing stability and support for potential businessmen and women hoping to get a foothold in travel.
 

Interesting Travel Industry Facts

• The travel industries in the U.S., are surging, with the number of visits abroad made by UK residents more than tripling since 1985.
   
• A record 66.4 million visits were made in 2005, with these happy travelers splashing out around £32.2 billion on overseas travel.
   
• In 2006, domestic and international travelers spent $700 billion in the U.S. This generated 7.5 million jobs, $178.1 billion in payroll income, and $109.9 billion in tax revenues for federal, state and local governments.(Source: Travel Industry Association)

Travel Franchise Opportunities
 

As with any franchise, starting up in the travel franchise industry allows franchisees to benefit from a proven trademark and formula for doing business. Travel franchisees can set up a travel agency and profit from the competitive prices and high commissions its franchisor can negotiate from major tour operators and airlines, meaning exclusive offers and deals which would otherwise be unavailable to travel businesses are accessible to the franchisee.

And sending people on holiday means you often get a lot of satisfaction out of the job. One franchiser, Global Travel, explained: "A new business is a long term commitment and one of the first and most important factors to consider is whether the business will interest and excite you, both in the early days and once established. Day to day involvement in sending people to all corners of the world is both stimulating and rewarding as are the opportunities for personal travel at reduced rates."

Nevertheless, potential franchisees should be aware of the pitfalls of stepping into the franchising world, with financial concerns and ultimately a professional loss of control some major concerns. Franchising can be expensive, as franchisers require their businesses to keep to its strict standards which can mean franchisees are contractually bound to spend money on improvements and training whenever the need arises.

But travel franchising is a particularly popular method of tackling the tourism market and cashing in on the boom of people needing advice and help heading overseas.