Small Hospitality Business IDEAS
Are you searching for hospitality and tourism business ideas? Do you want to start a small business in hospitality and tourism industry with small capital investment? Read this post to get 30 hospitality and tourism business ideas that can be initiated as a small business.
Hospitality and tourism are vast areas of providing different types of services. It includes broadly restaurants, restaurant chains, food services, hotels, transportation, photography, business and leisure travel, holiday destinations and activities, camping, and the cruise industry. The travel & tourism sector has developed into an industry with an annual economic impact of around 6.5 trillion U.S. dollars worldwide. The industry is growing. Putting investment in hospitality and tourism industry is worth it. Here I have compiled 30+ most profitable and lucrative hospitality and tourism business ideas for your ready reference.
List Of 30+ Hospitality And Tourism Business Ideas
#1. Adventure Club
Initiating an adventure club is an ideal business idea for adventure loving people. The demand for adventure trips, activities and adventure sports in general, is growing globally. Prior market research is mandatory to identify the potential niche for your business.
#2. Adventure Tourism
Adventure tourism opportunity is perfect for those aspiring entrepreneurs who owns outdoor tourism hobby with themselves and want to turn this into a profit making venture. As per geographic, there is a huge potential of adventure tourism business globally. Adventure tourism generally takes place in strange, exotic locations where thrill-seeking travelers always expect unexpected happenings.
#3. Airport Shuttle Service
Airport shuttle service is a very profitable business. The business is hugely management intensive. You can establish business tie-ups with hotel resorts, tour operators, and travel agencies to get clients.
#4. Airport Arcade Games
This is one of the trending business. Apart from children, you will also get teenage and adult users for this service. Customers can spend minutes or hours gaming at the arcade on their waiting time. According to the target demographic, right selection of games is important.
#5. Allergy Cards
People who travel with allergy issues, often look for allergy cards in the new location where they arrive. You can initiate a business of providing allergy cards in many languages as home based basis.
#6. Ayurveda Tourism
Ayurveda is a therapy that promises holistic wellness. The natural herbs and oils used in the therapy are of great medicinal value as is said in the Vedic literature on Ayurveda. There is a strong potential for the growth of Ayurveda tourism globally. Ayurveda tourism is one of the most trending small business ideas to start with moderate capital investment.
#7. Bed & Breakfast
Attitude and the personality of the owner play an important role in bed and breakfast business. Also, the location is important where you are initiating the business. Having spare rooms, this business can be a very good alternative part-time income source.
#8. Boutique Hotel
The boutique hotel is considered as one of the most profitable hospitality and tourism business ideas. having adequate knowledge and experience is a must. It is extremely important to do a lot of research and develop a detailed business plan to ensure success.
#9. Canoe and Kayak Rentals
If you are living nearby water bodies, initiating a canoe and kayak rentals is a wonderful business. In selecting the location, you must take into consideration the ease of access, visibility, parking and host of other factors.
#10.Car Rental
A person living in a strategic place of the high density of population with business centers and entertainment outfits, car rental business would be a lucrative and profitable venture for him. The primary operation would involve scheduling customer reservations and supply rental car. A car rental is and management intensive business and it needs a lot of before you go into the business.
#11. Coffee Shop
Over the past decade, coffee shop industry is increasing rapidly. An entrepreneur passionate and talented about coffee can initiate coffee shop business with substantial capital investment. The coffee shop actually treated as a third place outside of work and home to relax. Coffee shop business is one of the best ways to turn your love for coffee into a profit making business.
