Do you want to start a business in the travel and hospitality industry? Find here 40+ profitable travel business ideas in the tourism industry. Actually, travel and tourism are the evergreen industry on this planet. Broadly, you can categorize the industry into two segments. These are domestic and international travel. The U.S. travel and tourism industry alone generates over $1.5 trillion in economic output in a year. Of the more than 25 subsectors of the industry, three sectors – food services, air travel, and accommodations account for over 45% of total output. However, the accommodation segment holds the first position.
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