2 min read

How Virtual Reality Travel is Changing the Tourism Industry

How Virtual Reality Travel is Changing the Tourism Industry

Image credits: Pixabay

The COVID-19 pandemic messed up the travel plans of most people. In 2020, between January and May, the global tourism industry lost $320 billion in revenue (World Tourism Organization).

But that doesn’t mean the end for travel and tourism. VR travel is becoming a popular way to satisfy the wanderlust people have and it’s here to stay.

People can experience a place before they fly

With tools like Google Earth VR, people now get to sample a holiday destination before actually booking their holidays. Want to know something really cool? 50% of people are willing to make use of free VR to choose their holiday destination while 13% would be willing to pay for it.

VR can help people “see” what hotels are available in an area. They don’t have to wait for painful booking processes - everything is made easier with an interface that replaces a touch screen or computer mouse.

People can enjoy VR Airline experiences

VR Travel also makes it possible for people to get a glimpse of flight experiences before making a booking, so they’ll know what to expect.

The market is expected to grow at 32.5% CAGR, reaching US$ 304.4 million by 2023. That’s surely an entrepreneurial opportunity worth exploring.

Websites

PoolCleanerLab.com Content site, Revenue is derived from affiliate marketing. Gross Revenue $2,975 per month, Net Profit $2,970 per month. 3 years old. Authority Score = 39

Personal Care- Amazon FBA. Monthly Revenue $13,857. Net Monthly Profit $3,304 Asking $128,870

Home Improvement Niche - Advertising and affiliate site Net Profit $850/Month, Asking $37,532. MoM revenue at an average rate of 7%.

Domains

Pawfriends.com

TinctureRemedy.com

WaysToTrade.com

We’re constantly researching what kind of big opportunities are out there. It's a sort of personal journal for our own investments. We recommend what we would buy or sell ourselves.

Tip: If you're sitting on a domain, website or asset (yes assets like office space, inventory etc.) that you'd like to sell reach out to us to list.

We're open to sponsorships— text link. Simply reply to this email to get the ball rolling.

Cheers,

Opportunity Overload

If you're enjoying these emails say thanks by sharing with friends, family and colleagues...