Why are people like Donald Trump getting in the online travel business? (You can see it for yourself at his Trump.com website.) The reason is because he is a business man in the business of making money. And he knows how huge this market has become. Even basketball great, Magic Johnson has started his own home based travel agent network.
This is no longer a secret among those wanting to make money with a growing business. Travel is the largest Industry in the world. A $7 trillion dollar industry that is growing 23% faster than the world's economy. And even in this failing economy, people still need a vacation. They are finding a way to save enough money to still travel.
But why lean towards an online travel business, instead of the old brick and mortar travel agencies? Simply because companies like Travelocity, Priceline and Orbitz have put so many of them out of business. We live in a hurry-up world now. No one has the time to make an appointment with a travel agent, and then try to keep it. And then you end up settling for the trip they planned for you, based on what the average person wants to see.
When you’re booking through an online travel booking portal, you can plan a vacation in the comfort of your own living room. Without time limitations, and the pressure of making your decision based on the two or three packages put in front of you.
There are some very good travel portals out there now, that are very easy to follow, and easy steps to complete the booking totally on your own. If you can read, and follow direction, you can book your own travel, and save money in the process. An email confirmation, with your confirmation number will follow, so you can double check and insure that everything has been booked to your liking. You also have contact numbers in case you have any concerns, or if changes are needed before taking your vacation.
Now that you know how easy it is for people to book travel on their own, you may understand why over 80% of the people are booking their travel online. But don’t limit yourself to only the big guys like Travelocity. The rest of the competition is out there for a reason. They are very competitive, with even better prices in a lot of cases. An up and coming travel company, TraVerus Travel, has proven to be very helpful in keeping the prices of some of the other companies in line. And their travel booking portal works just like the booking engine used by Expedia or Priceline.
Some of the online travel agencies out there also give the individual booking travel, the opportunity to start their own travel business with their company. Of course the benefit to the buyer is in the commission paid on any travel now booked on their very own travel booking site. However, start-up costs could keep folks from starting their own travel booking business when realizing companies like Trump Travel charge a healthy $10,000 for their booking engine. But if you do your research, you can also join companies like TraVerus Travel for only $200.
The choices in travel are many, both in the area of booking travel and starting your own travel business. I suggest doing your research first, ask questions if you can, and make the decision that will be best for you and your future.
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Monday, January 26, 2009
Why Is Trump In The Travel Business
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