General Infomation Developing a new tourism product or service is a challenging task.
Many businesses fail within the first few years.
You can dramatically improve your chances of long term success by preparing and planning ahead. The tourism industry is highly competitive so it is important to know and understand the nature of the industry in which you will be operating. This includes following the trends and working within the framework and structure of the industry. You must carefully research market demand, target product design, and of course, assess the competition. You should have a clearly defined business plan and marketing strategy before embarking on any major financial outlays.