Holiday Season Brings Plateful of Business Opportunities in Travel Industry

Nibedita Mohanta
Nibedita Mohanta Dec 15 2017 - 3 min read
Holiday Season Brings Plateful of Business Opportunities in Travel Industry
Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country.

The Holiday season has begun and Christmas is a countdown away, where as New Year is around the corner. This is the time, when people like to celebrate time with their family, friends, loved one and like to bid a happy farewell while walking to the next year, be smooth & cheerful. Travel makes them take that much needed break from routine life.

Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country.

India is expected to move up five spots to be ranked among the top five business travel market globally by 2030, as business travel spending in the country is expected to treble until 2030 from US$ 30 billion in 2015.

International hotel chains will likely increase their expansion and investment plans in India, and are expected to account for 50 per cent share in the Indian hospitality industry by 2022, from the current 44 per cent.

Here is the list of things, millennial look out for, when they are travelling or touring places in India:

Local Food Business:

Tourists and travelers pay visit to certain places for enjoying the scenic beauty, taking pictures and also for savoring the local cuisines.

There are some places, which are famous, the cuisines such as for the finest bread, wine, snacks or sea food produced there.

These local delicacies equally attract tourists, which is why opening a local food business makes it a lot more special and profitable business opportunity for local people.

Souvenirs Shop:

The tourists and travelers, when visit to some places they prefer to collect souvenirs to keep it as a collection of memories or to share with their friends and relatives as a token of gift.

Every village or town, no matter how small it is, has this quality of producing an unique item, which makes it special in its own way, which is why opening a souvenir shop is a good idea to let your city’s or village’s or town’s specialty be known to the world.

Tourist Guide

If your city or town is a tourist place, then it is obvious that it is famous for some extraordinary work of nature or for something, which is not available everywhere.

A tourist guide, who has seen every nook & corner of the place and is well versed, can do business by producing more tourist guide and running a fully fledged business service.

Local Street Party Host:

Some solo travelers prefer to stay longer than the usual tourists. All thanks to the sudden realization of the millennial, that these days many youth prefer travelling alone or taking sabbaticals alone that flocking together in groups.

These solo travelers like to enjoy the more of local things and invest a good amount of money as well as time in genuine playful cultural activities. For those who can organize such events or run such studios, you already have an opportunity waiting for you.

Language Translation Service:

India is a land of varied language and a culture variation, which makes it attract a lot of people from different regions, countries to fly down and see the people in their place. but they cannot be just mute spectators without talking to the local people or knowing much about the place while staying there for a while.

One who is can easily switch languages as per the visitors’ preference has a very good chance of being able to churn out money in tourist places.

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