When choosing a business opportunity, it is very important that you chose one that is associated with an industry that is flourishing. The last thing you want is to have to market a product or service that is not in demand. One of the best industries you can chose to focus your business efforts is the travel industry.

Travel is one of the luxuries that won't be going any anytime soon. In fact, the travel industry is the largest commercial industry in the world. It is currently a 7 trillion dollar industry and it is predicted to double over next 8-10 years. That's crazy! The internet has really played a significant role in the growth of the travel industry. Forty-three percent of every dollar spent on the internet is spent on travel.

The travel industry is one that most business gurus are trying to get their piece off. The travel industry is so lucrative that even some of the richest people in the world are getting their piece. Donald Trump started his own travel company in 2006. Even Bill Gates has a piece. He bought a whole chain of hotels!.

Another thing that makes the travel industry a great venture are the baby boomers. The baby boomers are the largest target market out of any group of individuals. Ten thousand baby boomers turn the age of 60 each day. And with 74 million baby boomers, that's one every 8 seconds for the next 20 years. These retirees have time and money and they want to travel. With a target market that big, the travel industry is positioned to always be ahead of the pack. For more information on the baby boomers, check out my other article.

Copyright © 2008 Nate Falconer.
Nate is an entrepreneur who is currently involved in creating incomes via the Internet. If you would like to get in touch with Nate send him an email at nfalconer@gmail.com.

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