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How to Develop
a Tourism
Business
Business
business.wesrch.com
weSRCH
Introduction
1. Tourism is travel for recreational, leisure or business
Purposes
2. Temporary, Short-term movement of poeple to destination
outside their resident places.
Business
weSRCH
Decide which sector of tourism you
would like to focus your business on
1. Transportation services. This sector involves transporting tourists to, from and around
the tourist destination.
2. Travel agencies. Travel agencies are the 1 stop shop for everything involved with
visiting a place, including transportation, accommodations and attractions.
5. Accommodations. These include hotels, motels, bed and breakfasts, hostels, rental
houses, condos and any other place tourists may stay while travelling.
4. Guided tours and tour guides. A guided tour service or professional tour guide is a
tourism business that specializes in providing informative and entertaining tours through an
area's local attractions.
3. Hospitality. A hospitality business pertains to any food or beverage establishment that
tourists may frequent.
Business
weSRCH
Take your Geographical Location
Into Account
Your local tourist attractions are good indicators of
what would and would not make a successful tourism
business venture. For example, if your area is
secluded from the populace and dense with wineries,
then guided winery tours, local bed and breakfasts,
and airport transportation services are all viable
business options.
Business
weSRCH
Size up the Competition
Thoroughly research the tourism
businesses in your area before you decide
which business in tourism is right for you.
You will want to choose a tourism sector
that is not overly congested, and one that
you can contribute something unique to.
Business
weSRCH
1. Executive summary. Describe your business's purpose, name, location, personnel
needs, tourism business management staff, market sector, competition, marketing plan and
financial projections.
2. Tourism business summary. This should detail how the business's ownership will
be distributed and the start up requirements (funding, assets and location).
5. Tourism business strategy. Describe how you plan on running your business,
marketing your business and pricing your product or service.
4. Analysis of the market. Provide information about your target market and your
competition.
3. Products and/or services. You need to outline the products and/or services your
business will be providing for tourists.
6.Financial summary. State your projections for your business's expenses and income.
Your business plan is the blueprint for your tourism business, and
should include the following sections:
Write a Business Plan
Business
weSRCH
Procure the Necessary Funds
Present your business plan to
potential lenders and/or business
partners in order to obtain the
start up and operating capital you
will need to run your business in
tourism.
Business
weSRCH
Select Business Location
Business
weSRCH
Obtain All Applicable
Business Licenses
Get the necessary business licensing through your local
government's business regulatory agency.
Business
weSRCH
weSRCH
Business
business.wesrch.com
www.wesrch.com
Business

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How to Develop a Tourism Business

  • 1. How to Develop a Tourism Business Business business.wesrch.com weSRCH
  • 2.
  • 3. Introduction 1. Tourism is travel for recreational, leisure or business Purposes 2. Temporary, Short-term movement of poeple to destination outside their resident places. Business weSRCH
  • 4. Decide which sector of tourism you would like to focus your business on 1. Transportation services. This sector involves transporting tourists to, from and around the tourist destination. 2. Travel agencies. Travel agencies are the 1 stop shop for everything involved with visiting a place, including transportation, accommodations and attractions. 5. Accommodations. These include hotels, motels, bed and breakfasts, hostels, rental houses, condos and any other place tourists may stay while travelling. 4. Guided tours and tour guides. A guided tour service or professional tour guide is a tourism business that specializes in providing informative and entertaining tours through an area's local attractions. 3. Hospitality. A hospitality business pertains to any food or beverage establishment that tourists may frequent. Business weSRCH
  • 5. Take your Geographical Location Into Account Your local tourist attractions are good indicators of what would and would not make a successful tourism business venture. For example, if your area is secluded from the populace and dense with wineries, then guided winery tours, local bed and breakfasts, and airport transportation services are all viable business options. Business weSRCH
  • 6. Size up the Competition Thoroughly research the tourism businesses in your area before you decide which business in tourism is right for you. You will want to choose a tourism sector that is not overly congested, and one that you can contribute something unique to. Business weSRCH
  • 7. 1. Executive summary. Describe your business's purpose, name, location, personnel needs, tourism business management staff, market sector, competition, marketing plan and financial projections. 2. Tourism business summary. This should detail how the business's ownership will be distributed and the start up requirements (funding, assets and location). 5. Tourism business strategy. Describe how you plan on running your business, marketing your business and pricing your product or service. 4. Analysis of the market. Provide information about your target market and your competition. 3. Products and/or services. You need to outline the products and/or services your business will be providing for tourists. 6.Financial summary. State your projections for your business's expenses and income. Your business plan is the blueprint for your tourism business, and should include the following sections: Write a Business Plan Business weSRCH
  • 8. Procure the Necessary Funds Present your business plan to potential lenders and/or business partners in order to obtain the start up and operating capital you will need to run your business in tourism. Business weSRCH
  • 10. Obtain All Applicable Business Licenses Get the necessary business licensing through your local government's business regulatory agency. Business weSRCH