A plethora of industry reports indicates that travel and tourism are back, and, by the end of 2011, will be better than ever. Revenue is expected to reach nearly $1.4 trillion, a record, says Toon van Beeck, senior analyst at research firm IBISWorld. This means the opportunity in the sector will be "the biggest it has ever been."
Just consider this set of glowing forecasts for 2011: International trips will jump 5.5 percent, to 94.7 million; domestic trips will rise 1.2 percent, to 627.4 million; hotel revenues will go up by 4.4 percent, to $114.8 billion; travel agencies will bring in 3.3 percent more revenue, making the total $12 billion; tour operator revenue will grow 5 percent, to $3.7 billion; and even the RV parks and campgrounds industry will experience a 1.5 percent revenue increase, to $4.5 billion.
That's only part of it. As the industry increasingly shifts online, opportunities are emerging. The app market, for instance, has swelled from virtually nothing to billions of dollars in just a few years, and smartphone owners are loving their access to a gaggle of Wi-Fi finders, flight status updaters, local restaurant finders, budget booking assistants, translators and more. Websites offering unique travel-oriented services have made a strong showing, too. Google & Facebook are acquiring innovative travel industry sites as recognition that travel is a hot market ripe for innovation.
A Revolution in Air Travel: Travel Tribes
While there are numerous social applications that help travelers to connect and collaborate there are none that actually change the travel experience, until now!
Social Flights just launched “travel tribes” which enables people to connect, collaborate, discover and create a revolution in travel. Travel Tribes enable people to aggregate around geographic areas, affinity interest and leverage use of private aircraft for collaborative consumption. Travel Tribes provide the market with access to open seats on private aircraft at comparable prices to commercial airlines. For instances we have one way specials running every week and the seat cost is $150!
By leveraging private aircraft for group consumption participants will save time, gain productivity and last but not least enjoy the experience of air travel without all the hassles
Invite your friends whether down the street or across the country. Now "connecting" in real-time just took on a new meaning. Our sample list of travel tribes recently launched include: