5 Best Travel Agency Franchise Opportunities for 2024
Everyone needs a break from the fast-paced life that we live in. Now you can simply start your entrepreneurial career while pursuing what you love by having your own travel agency franchise. A travel agency franchise allows you to operate your own travel agency under an already-established brand. The nice thing about a travel agency franchise is that you can use the name, logo, systems, and business processes of your franchisor. In this article, we will discuss the best travel agency franchises ranked by unit growth. This way, you can know more about the industry and start planning your future customers’ dream vacations.
5 Best Travel Agency Franchise Opportunities for 2023
Cruiseone
Total U.S. Locations |
1704 |
Net Unit Growth (3 years) |
224 |
Initial Investment |
$2K-$21K |
Royalty Fees |
1.5% -3.0% of your annual commissionable sales. However, check FDD for more information on how it’s calculated. |
Estimated Profits |
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Estimated Resale Value |
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Cruiseone was founded in 1992, and they started offering franchises that same year. They offer franchises for establishing and operating businesses that sell cruises, vacation packages, and certain other travel‐related products and services according to a proprietary system. In addition, they have a very good reputation with about 20% repeat customers and a 96% customer satisfaction rate.
Itrip Vacations
Total U.S. Locations |
98 |
Net Unit Growth (3 years) |
30 |
Initial Investment |
$110K-$150K |
Royalty Fees |
Varys; check FDD to learn more |
Estimated Profits |
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Estimated Resale Value |
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Itrip Vacations is one of the best rental property management franchises in the field. Also, they provide special tailor maid short-term rental and property management experience. In addition, they come up with distinguished and caring customer service that differentiates them from other franchises. Their local teams manage each iTrip Vacations destination and live in the area to ensure that rental properties receive the care they need and guests have a positive experience.
Expedia Cruises
Total U.S. Locations |
577 |
Net Unit Growth (3 years) |
-24 |
Initial Investment |
$168K-$291K |
Royalty Fees |
9% |
Estimated Profits |
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Estimated Resale Value |
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Expedia Cruises is one of the experts in the field of travel agencies and one of the most famous as well. This could be a great choice for a travel agent franchise. They started this business 35 years ago, in 1987, and they maintained a very plausible reputation. They provide additional lead generation channels not only through center walk-ins but also from their website as well.
Expedia provides one of the highest commissions within this field which is great for you as a travel agency franchisee.
Travel Leaders Network
Total U.S. Locations |
187 |
Net Unit Growth (3 years) |
-55 |
Initial Investment |
$2K-$18K |
Royalty Fees |
No royalty fees, but there are other fees that you can learn about from the FDD |
Estimated Profits |
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Estimated Resale Value |
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Travel Leaders Network is a great travel agency franchise that has 187 locations around the U.S. By having them as your travel agency franchise, you can use their trademarks, proprietary business system, and preferred vendors to help your business excel under their brand name.
Cruise Planners
Total U.S. Locations |
2595 |
Net Unit Growth (3 years) |
-520 |
Initial Investment |
$2K-$23K |
Royalty Fees |
1.5% – 3% of gross commissionable fares, depending on the commission rates paid by travel suppliers |
Estimated Profits |
Click here |
Estimated Resale Value |
Click here |
Cruises Planners was started in 1994 by their CEO Michelle Fee. They were the first to set a home-based model, which helped to reduce head costs for travel agency franchising. Also, they were the first to set the idea of a remote job at this time. Moreover, they allow you to access the latest technology and market resources. Also, they offer training and support for you as a travel agency franchisee. Cruises Planner is one of the most awarded travel agency franchises in the industry.
Conclusion
In conclusion, the travel agency industry is a thriving industry that you could potentially become part of by having your own travel agency franchise. This article discussed the 5 best travel agency franchises in 2023 ranked by unit growth. Every travel agency franchise discussed in this article offers different benefits to you as a travel agency franchisee. It’s important to consider factors such as initial investment, royalty fees, and estimated profits, while also evaluating the specific support and resources provided by each franchise. With the support of the right brand, you can help create dream vacations for customers and build a successful travel agency franchise in 2023 and beyond.
For a full list of all the travel and hospitality franchises currently available in the U.S. check out our franchise database here.
