Is Now A Good Time To Buy A Travel Franchise For Sale?

Rob Lancit

Date

Jun 19, 2020

At the time of writing, much of global travel has ceased due to the COVID-19 pandemic. Common sense dictates now is a horrible time to buy a travel franchise for sale. But is that really true?

Buying a travel franchise for sale might seem an odd thing to do right now on the surface. But if you examine your opportunities, you get a more informed picture.

“Common sense” merely implies that the “sense” in question is popular, not that it’s correct. It was once common sense that the sun revolved around the earth, that draining blood could balance your “four humors”, and that film developing businesses would be around forever. When the common person thinks of a travel franchise, they imagine a 1990’s or 1980’s travel agent’s office. This type of travel franchise has been obsolete since before the coronavirus.

The travel franchise has evolved in recent years. You want to buy a travel franchise for sale the specializes in a specific niche.

Thanks to the internet, you don’t need a travel agent to book you a flight to Paris. You can plan your gap year backpacking trip across Europe, your surfing trip in Peru, or your yoga retreat in India all by yourself if you want. But when it comes to tours and package deals, it’s not so easy. The truth is, the travel agency business is still booming.

If you’ve ever planned a family trip yourself, you know it can become a full-time job all on its own. That’s why many families choose to take the type of trip that is planned for them. Some travel franchises can arrange cruises and other package trips for families and businesses so that the client need not do any work at all. Furthermore, these travel franchises have connections and referral system that means they can get their clients deals on the best cruises and tours. Then there are other specialized trips like singes tours, seniors’ trips, and more.

Travel is down right now. But travel franchises can expect to see a boom in business once this virus subsides.

Once people feel safe to do so, they will be gagging to finally travel again. This is evidenced by the strong demand for travel publications. Travel franchises can capitalize on this. Some people might really want to travel but will need assurances that its safe. Travel franchises can give those assurances. Furthermore, in order to recoup, losses, many destinations will be looking to boost tourism. They will seek out travel franchises to work with in order to do this.