Travel Business Opportunity – Baby Boomers Creating a Vast Market for Online Travel
Written on November 27, 2009 – 7:16 pm | by prempcc
Opportunity to travel?
Location. Location. Location. You hear all the time in real estate. Location is the key. But in the business your success usually has more to do with timing. In the travel industry, at the moment is that moment.
There are two trends, the merging firms in that moment that this market could bring in a position to grow exponentially.
TREND # 1:
Simply put, is touring the world's largest industry. Globally, more than7 trillion U.S. dollars spent annually, and at a growth rate that is double on the way over the next 4-6 years, it is a huge market for the least to say. Baby Boomers are pension at the rate of 1 every 8 seconds and will continue this growth for the next 10-20 years track.
This could be at a speed of 10,000 potential tourists to retire every day! Each company is able to might be willing to make more money seems to imagine from this growth in an industry where this huge.
TREND# 2:
Book With the help of the Internet in recent years a growing majority of consumers, their trips online. Forrester Research, said in 2006 that 73% of all U.S. households are online and 82% of all American travelers are online. Book More than half of them research and travel online.
In fact, CNN Money, that about 43% of all online spending for travel, making it the largest group of e-commerce. This means that the bricks and mortar travelAgent is no longer the journey the travel market. The small private agencies, who are at every mall and strip center to be found quickly disappear.
What is the result of all this? More and more money is spent on travel every day, and spent more and more of it is online. There is an opportunity to manifest those who are not blind to these tough facts. If you find something that will help you get those numbers, could you canwell be setting yourself up for a windfall.
I hope you can see the enormous potential here … Success is the result in something at the right time.
Travel is a 7 trillion U.S. dollars Industry
Baby boomers drive the market
Boomers are retiring 1 every 8 seconds
(10,000 per day) for the next 19 years!
73% of all U.S. households are online
(82% of U.S. travelers)
43% of all online spendingTravel
Tags: Boomers, Business, Creating, Market, Online, Opportunity, Travel