Project report for Travel agency

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Introduction

The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sector in India. 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.The Indian travel industry has been one of the major contributors to the India growth story. Large population, increasing per capita incomes and the zeal to explore the world have been the primary drivers for the growing travel market in India.The industry is also vulnerable to the growing geopolitical and technological events and disruptions. Technological disruptions caused by emergence of online travel aggregators has enhanced transparency resulting in massive competitive onslaught between travel service providers and travel management companies in providing the best in class services to business travellers. India was the tenth largest business travel market with spends of INR 1,996 billion in 2019 and will be the fastest growing market in the world led by favorable political, economic and demographic factors. Also the increased connectivity, greater infrastructure and the migration of youth within the country and travel for business and sightseeing is on the higher side. Tourism is also booming as post covid people are looking for  safe and responsible touristlocations and safer place to stay. So the demand for a tour operator / travel agent is on the higher side .

 

Market potential & Strategy

The demand for the travel industry is on the higher side. Increasing number of travellers, especially on the untapped market like pilgrimage, school-college tours , specific honeymoon packages ec can make real wonders in the business. To buld a good rapport with the custmers are very improtant in this business as its more of a relationshp basis business than anything else. We created the plan based on the local needs around us and to grow with that niche market is what we thought. We ensure safe and protected journey to our passengers post Covid.

 

Expert Guidance for Loan Approval

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