Presently in India, travel, and tourism is one of the fastest-growing industries. The GDP contribution of travel and tourism to India’s economy is more than 6% and as per industry pundits, the growth is going to remain in the coming days. As a result, we see people in India looking forward to starting a travel franchise business more than before.
The aim of this article is to help entrepreneurs in selecting the best travel franchise business opportunity so that they can start a profitable travel agency business of their own with low investment. We have evaluated exhaustively the various franchise opportunities offered by reputed travel and tour companies and finally selected the following list of the most popular travel business opportunities.
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List of 7 Travel Franchise Business Opportunities in India
Make My Trip is the pioneer of online travel in the country. The company offers a wide variety of travel and holiday-related solutions to customers. The product range includes air and rail ticketing, bus bookings, domestic and international holidays, quick short weekend breaks, hotel bookings to add-on services like airport pick and drop services, insurance, etc.
The company started operating in India in the year 2002. Make My Trip has now offices in more than 20 cities in India.
The approximate minimum investment to open the Make My Trip franchise will be around Rs. 5 Lacs to Rs 10 Lacs with an area requirement of 400 – 600 sq. ft.
2. Cox and Kings
Cox & Kings is the oldest reputed travel company in the world. This reputed travel company was established in the year 1758. The company is based in Mumbai with owned offices in cities like New Delhi, Chennai, Bangalore, Kolkata, Ahmadabad, Kochi, Hyderabad, Pune, Goa, Nagpur, and Jaipur.
The investment to open a Cox & Kings Franchise outlet will be in the range of Rs. 5 Lacs to 10 Lacs. Additionally, you need to have a minimum retail space of 250 sq. ft. The company prefers its franchise partners to have their own retail space.
3. Kuoni Travel Academy
If you are planning to start a travel-related educational institute, partnering with Kuoni Travel Academy can be a good business investment.
Kuoni Academy is the education division of Kuoni Travel India Pvt. Ltd. Kuoni happens to be one of the leading travel brands in the world. The company started its operation in India in the year 2002 and started looking for franchise partners from the year 2008.
Kuoni Academy offers International MBA in Tourism Management from the ‘Fondazione Campus Studi del Mediterraneo Lucca, Tuscany, Italy. The academy also offers courses, namely the ‘ Kuoni Certified Travel & Tourism Specialist Program ‘ and various diploma and short-term certificate courses to students.
The approximate minimum investment to start Kuoni Travel Academy will be in the range of Rs. 15 Lacs to Rs 30 Lacs depending on location and the number of courses offered.
Ezeego One is a meta-search site with booking capabilities. It is a marketplace where suppliers of travel services distribute, promote, and sell their products to consumers.
It offers innovative and interactive features like multi-city international flight booking, instant chat with a flight, hotel, or holiday expert, online cancellations, sorting hotels by themes, user ratings, and the best price on offer for the product.
You need to invest around Rs 5 Lacs to 10 Lacs to open an ezeego1 travel franchise retail outlet. In addition, you have to provide a retail space of a minimum of 250 sq. ft.
Yatra.com is one of the reputed online travel companies in India. The company outlets are present all across the country. It is estimated that they have more than 11oo travel partners pan India.
Yatra.com was launched in August 2006. Yatra.com was recently voted the ‘Most Trusted Brand of India’ in the online travel category by Brand Equity.
The minimum investment to start a Yatra.com franchise outlet is estimated to be in the range of Rs. 5 Lacs to Rs. 10 Lacs depending on area and location along with a minimum retail space of 250 sq. ft.
6. SOTC Franchise
SOTC is one of the pioneering traveling companies in India. It has a rich experience of more than 70 years in the trade. The company provides good support to its franchise partners by providing a dedicated branch manager at your outlet.
7. Akbar Tours & Travels
Akbar Tours is operating in the country from the year 1978. They have at present more than 55000+ registered agents working successfully with them. One can start a travel agency partnering with the company and earn good commissions on selling travel products such as Flights, Hotels, Rail, Buses, Insurance, cabs, Holidays, Visas, and many more.
Finally, the decision to choose the right travel franchise depends on several factors the franchise business model, your investment capacity, etc. We hope this article will help you in selecting the right travel franchise which you were looking for. Wish you the very best in your endeavor.