In 2006 alone, $7 trillion was spent globally on travel and in 2007 The U.S. Department of Commerce announced that a record 56.7 million international visitors traveled to the United States in 2007, an increase of 11 percent over 2006. What this translates into is a record-breaking $122.7 billion spent on travel to, and tourism-related activities within, the United States in 2007 - an increase of nearly 14 percent over the previous record set in 2006 (Travel Industry Wire). This astounding growth is most promising as the travel industry continues to perform despite recent economic downturns.
What could be driving this explosive development? Consider this, in the next 18 years; there will be one baby boomer retiring every eight seconds. With a total of 76 million boomers, making up 28% of the population, the boomer generation will surely take the travel industry to new heights. This doesn’t even consider how much international visitors come into the country. According to the Travel Industry Wire, ” Overseas arrivals (excluding Canada and Mexico) totaled 23.9 million”. This trend is expected to continue in 2009.
So what does this mean for you? How can you take advantage of this? The answer seems simple enough, if the travel industry is expected to grow, then it is logical to be working in the travel industry. However, breaking into an established market can be a difficult and grueling process. Not to mention, the costs associated with establishing a product, marketing, and selling are extremely prohibitive. But this doesn’t mean you have to miss out. Fortunately, there are few established companies that do offer a comparatively easier and less expensive inroad to the travel industry. One such company is World Ventures, a unique home based company that helps aspiring entrepreneurs to utilize the company’s existing infrastructure to build a customizable, creative and fun at home business. If you are looking for a new career path, take advantage of the latest travel industry boom and see if World Ventures isn’t right for you!