In real estate, they say location is everything. In business, success usually has a great deal to do with timing. In travel, there couldn’t be a better moment than right now. We are currently experiencing the intersection of two very big trends that WorldVentures is perfectly poised to take advantage of.
Simply put, travel is the world’s largest industry. At over 8 Trillion spent annually worldwide, and a growth rate that puts it on pace to double in the next 4-6 years, it’s a vast market. Baby Boomers are retiring at the rate of 1 every 8 seconds and they will continue to drive the growth for the next 10-20 years. With an industry this big, a company able to capture even a small piece of that pie could be wildly successful and profitable.
With the dawn of the internet age, more and more consumers are booking their travel online. In 2006, Forrester Research reported that 73% of US Households are online and 82% of US travelers are online. More than half of them research and book travel online. In fact, according to CNN Money, travel is the single largest category or e-commerce, accounting for about 43% of all online spending. This means that the industry is no longer controlled by store-front agencies. The mom and pop travel agencies who used to be the fixture of every strip center and shopping mall are rapidly disappearing.
The result of all this is that while more money is being spent on travel and more of it is being spent online, consumers are experiencing a lack of human interaction. WorldVentures offers the solution: a calendar filled with dozens of pre-planned vacation packages at wholesale prices so you don’t have to deal with the hassle of planning your next trip, or high price of paying retail. We combine that with a proprietary search technology that merges high-tech and high-touch for the next evolution in travel. It’s a complete solution for all your leisure travel needs. If you need a vacation, you need WorldVentures.