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Investment Opportunities In Nigeria’s Tourism Sector by MakeItBiz: 12:29pm On Mar 21, 2019
Not everytime Tie and White Collar jobs. Start small today.
Read below.



Tourism is widely recognised as a facilitator of an economic development. This is because it contributes to three high priority goals of most countries of the world – income or wealth creation, employment and foreign exchange earnings.

A report from World Travel Tourism Council, shows that this sector better known as travel and tourism sector is the fastest growing sector across the globe. The travel and tourism sector accounted for 9.9% of global employment worldwide in 2017 according to WTTC’s economic impact research. The report says It also contributed 10.4% to global Gross Domestic Product (GDP). According to the report, tourism in Africa grew above average at 8.6% in 2017.

With a projection of 1.4 billion tourist arrivals in 2020, and 1.8 billion in 2030, there is no doubt that this is a huge goldmine if it is well harnessed.

The potential of the tourism sector in Nigeria is huge. In 2017, the sector accounted for 34 per cent of the country’s GDP and 20 per cent of the nation’s wealth creation, according to the Nigerian Bureau of Statistics 2017 report.

The report according to a tourism expert, Mr. Folorunsho Coker shows that the sector is the nation’s new economic development frontier.

During his interview with an online newspaper, he said that investing in the tourism sector would not only expand the modes of tourism but also create opportunities for huge wealth creation across other sectors as well such as in construction, infrastructure, multi-nodal transportation systems, and roads.

Though he noted that there was need to form policies that will promote investment in the sector.

Given Nigeria’s collection of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Heritage Sites, nature reserves, forests, beaches, mountain resorts, garden parks, safaris, cultural landscape, and caves, it is believed that these top attractions will deepen their alluring pull of cumulative parties of explorers, and grow the volumes of traffic especially through domestic tourism.

Recently, a traditional monarch in Nigeria , Oba Enitan Adewusi also harped on the need for the country, not just the government to explore potentials in the tourism sector .He added that citizens should be encouraged to visit areas the country.

The tourism business is loaded with a plethora of opportunities for potential entrepreneurs.

Tech tour operator: A tech-enabled tour operator and travel company that offers cost-effective, choices of exotic destinations, and options for accommodation and transportation is appreciated by the tourists. A tech based guide that can give information on tour packages and real-time updates on the opening hours of the attractions, activity charges, can be really useful to adventurers and tourists seeking easier means to navigate their way through an unfamiliar environment.

Tour Guide: Serving as a tour guide could also be an opportunity to make extra income. As a tour guide, you help the tourists navigate his/her way around the city.

Olumo rock
Tourists at Olumo rock, Abeokuta, Ogun State

Lodging

Oftentimes, having a safe and violence free place to sleep is the top priority when arriving in a new or foreign location. Sometimes a hotel room just would not do; especially in regards to traveling with families or large parties. Landowners thus have the unique opportunity to offer up short-term leasing on homes, condos, and apartments. Property rental can create a reliable stream of income, especially if you live in a city that sees a lot of tourism or have a unique property type to offer to the general public.

Ride-sharing/Tour guide

When touring an unfamiliar region, being able to get around swiftly and comfortably is important for entrepreneurs. Offering your services as a tour guide cum chauffeur benefits not only the general public but also individuals looking to earn additional income. Interestingly, creating a business around the idea of guided tours takes very little capital to start with.

Luggage Delivery Service

Waiting around for luggage or even worse, forgetting a bag is every traveller’s worst nightmare. Luggage delivery services seek to make such problems a thing of the past.

Creating a luggage delivery service can be an effective way to break into the tourism industry. If you do not have the capital or investors to start a full-fledged service, you can get in on the ground floor by launching a personal luggage delivery/recovery service. Managing a luggage delivery service involves picking up luggage at luggage claim and delivering it to the client. By doing this, you are saving them the time and stress of having to wait around for it or even worse, having to return for a bag the airport delayed.

Content creation

If you enjoy traveling, you can run a blog and produce content centered on your travels. On the other side of the equation, locals can use their familiarity with the regions local hot spots as a means to attract tourist to the area and the content creator themselves.

Linguist/Language translator

Opportunities abound for persons interested in the tourism industry through translation work. A linguist can either advertise their services on the open market and work as private translators for tourists visiting foreign nations or seek employment with businesses trying to interface with international markets.

Event planner

Throwing welcoming parties, private events and get together geared towards integrating locals with travellers can prove both beneficial socially and financially for the foreign visitor.

Ticketing and Reservation Services

A ticketing and reservation service is perhaps one of the most popular businesses in the travels and tourism industry that an entrepreneur who is interested in starting a business in the industry should consider starting. Once people scale through the difficulty of getting a visa, the next thing they begin to consider would be tickets. This is why the ticketing business is a very profitable one.

You may also be interested in cashing in on the industry by starting a ticketing and reservation business. But in starting this business, you will need a great wealth of knowledge. That is why you can begin to look at having ticketing deals.


https://www.makeitglobal.biz/featured/investment-opportunities-tourism-sector/

2 Likes 1 Share

Re: Investment Opportunities In Nigeria’s Tourism Sector by ainas247: 2:19pm On Mar 21, 2019
smiley Nice, Very Nice... planning to start a blog on this and real estate

you can dominate your business on google page one
check my profile to see result.

1 Like

Re: Investment Opportunities In Nigeria’s Tourism Sector by Teeboi56: 2:19pm On Mar 21, 2019
Huu
Re: Investment Opportunities In Nigeria’s Tourism Sector by Sunofgod(m): 2:20pm On Mar 21, 2019
Not with book haram running rampant...
Re: Investment Opportunities In Nigeria’s Tourism Sector by Nobody: 2:20pm On Mar 21, 2019
.wetin you gain if you no read my signature?
Re: Investment Opportunities In Nigeria’s Tourism Sector by Legendguru: 2:21pm On Mar 21, 2019
good
Re: Investment Opportunities In Nigeria’s Tourism Sector by ChiefVolt007: 2:23pm On Mar 21, 2019
I really would love to spend the other half of the year at the obudu cattle ranch hills. Finna explore!
Re: Investment Opportunities In Nigeria’s Tourism Sector by judecares1(m): 2:31pm On Mar 21, 2019
buhari can only invest in his ear and cow
Re: Investment Opportunities In Nigeria’s Tourism Sector by Emmyk(m): 2:35pm On Mar 21, 2019
Great thread.
Re: Investment Opportunities In Nigeria’s Tourism Sector by Googleads84(m): 2:40pm On Mar 21, 2019
Good
Re: Investment Opportunities In Nigeria’s Tourism Sector by ElsonMorali: 2:45pm On Mar 21, 2019
Teemelanin:
.wetin you gain if you no read my signature?

And what's your IG id?

1 Like

Re: Investment Opportunities In Nigeria’s Tourism Sector by AllBusiness(m): 2:57pm On Mar 21, 2019
Easier said than done
Re: Investment Opportunities In Nigeria’s Tourism Sector by Nobody: 3:34pm On Mar 21, 2019
ElsonMorali:


And what's your IG id?
Do you mind sending an email to darkchocitee@gmail.com?

1 Like

Re: Investment Opportunities In Nigeria’s Tourism Sector by Nobody: 3:44pm On Mar 21, 2019
Finally I found an investment destination.

Thanks for this op.

I'm gonna take my time to explore this sector. That by the time this industry starts to boom, I shall have been an industry influencer and don.

Tourism here I come.

1 Like

Re: Investment Opportunities In Nigeria’s Tourism Sector by Truefaith: 4:23pm On Mar 21, 2019
BVF
Re: Investment Opportunities In Nigeria’s Tourism Sector by ElsonMorali: 4:27pm On Mar 21, 2019
Teemelanin:
Do you mind sending an email to darkchocitee@gmail.com?

Ok.
Re: Investment Opportunities In Nigeria’s Tourism Sector by Justnice11: 4:33pm On Mar 21, 2019
Re: Investment Opportunities In Nigeria’s Tourism Sector by olioxx(m): 4:39pm On Mar 21, 2019
Bros OP all you wrote up there na STORY.
.
.
Do you think we have a healthy tourism industry?
.
Look at Cape Verde, Dubai, Singapore, Mauritius, and you will just pity for Nigeria.
.
.
Invest ko , harvest ni.
Re: Investment Opportunities In Nigeria’s Tourism Sector by TourismMan(m): 7:03pm On Mar 21, 2019
MakeItBiz:
Not everytime Tie and White Collar jobs. Start small today.
Read below.



Tourism is widely recognised as a facilitator of an economic development. This is because it contributes to three high priority goals of most countries of the world – income or wealth creation, employment and foreign exchange earnings.

A report from World Travel Tourism Council, shows that this sector better known as travel and tourism sector is the fastest growing sector across the globe. The travel and tourism sector accounted for 9.9% of global employment worldwide in 2017 according to WTTC’s economic impact research. The report says It also contributed 10.4% to global Gross Domestic Product (GDP). According to the report, tourism in Africa grew above average at 8.6% in 2017.

With a projection of 1.4 billion tourist arrivals in 2020, and 1.8 billion in 2030, there is no doubt that this is a huge goldmine if it is well harnessed.

The potential of the tourism sector in Nigeria is huge. In 2017, the sector accounted for 34 per cent of the country’s GDP and 20 per cent of the nation’s wealth creation, according to the Nigerian Bureau of Statistics 2017 report.

The report according to a tourism expert, Mr. Folorunsho Coker shows that the sector is the nation’s new economic development frontier.

During his interview with an online newspaper, he said that investing in the tourism sector would not only expand the modes of tourism but also create opportunities for huge wealth creation across other sectors as well such as in construction, infrastructure, multi-nodal transportation systems, and roads.

Though he noted that there was need to form policies that will promote investment in the sector.

Given Nigeria’s collection of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Heritage Sites, nature reserves, forests, beaches, mountain resorts, garden parks, safaris, cultural landscape, and caves, it is believed that these top attractions will deepen their alluring pull of cumulative parties of explorers, and grow the volumes of traffic especially through domestic tourism.

Recently, a traditional monarch in Nigeria , Oba Enitan Adewusi also harped on the need for the country, not just the government to explore potentials in the tourism sector .He added that citizens should be encouraged to visit areas the country.

The tourism business is loaded with a plethora of opportunities for potential entrepreneurs.

Tech tour operator: A tech-enabled tour operator and travel company that offers cost-effective, choices of exotic destinations, and options for accommodation and transportation is appreciated by the tourists. A tech based guide that can give information on tour packages and real-time updates on the opening hours of the attractions, activity charges, can be really useful to adventurers and tourists seeking easier means to navigate their way through an unfamiliar environment.

Tour Guide: Serving as a tour guide could also be an opportunity to make extra income. As a tour guide, you help the tourists navigate his/her way around the city.

Olumo rock
Tourists at Olumo rock, Abeokuta, Ogun State

Lodging

Oftentimes, having a safe and violence free place to sleep is the top priority when arriving in a new or foreign location. Sometimes a hotel room just would not do; especially in regards to traveling with families or large parties. Landowners thus have the unique opportunity to offer up short-term leasing on homes, condos, and apartments. Property rental can create a reliable stream of income, especially if you live in a city that sees a lot of tourism or have a unique property type to offer to the general public.

Ride-sharing/Tour guide

When touring an unfamiliar region, being able to get around swiftly and comfortably is important for entrepreneurs. Offering your services as a tour guide cum chauffeur benefits not only the general public but also individuals looking to earn additional income. Interestingly, creating a business around the idea of guided tours takes very little capital to start with.

Luggage Delivery Service

Waiting around for luggage or even worse, forgetting a bag is every traveller’s worst nightmare. Luggage delivery services seek to make such problems a thing of the past.

Creating a luggage delivery service can be an effective way to break into the tourism industry. If you do not have the capital or investors to start a full-fledged service, you can get in on the ground floor by launching a personal luggage delivery/recovery service. Managing a luggage delivery service involves picking up luggage at luggage claim and delivering it to the client. By doing this, you are saving them the time and stress of having to wait around for it or even worse, having to return for a bag the airport delayed.

Content creation

If you enjoy traveling, you can run a blog and produce content centered on your travels. On the other side of the equation, locals can use their familiarity with the regions local hot spots as a means to attract tourist to the area and the content creator themselves.

Linguist/Language translator

Opportunities abound for persons interested in the tourism industry through translation work. A linguist can either advertise their services on the open market and work as private translators for tourists visiting foreign nations or seek employment with businesses trying to interface with international markets.

Event planner

Throwing welcoming parties, private events and get together geared towards integrating locals with travellers can prove both beneficial socially and financially for the foreign visitor.

Ticketing and Reservation Services

A ticketing and reservation service is perhaps one of the most popular businesses in the travels and tourism industry that an entrepreneur who is interested in starting a business in the industry should consider starting. Once people scale through the difficulty of getting a visa, the next thing they begin to consider would be tickets. This is why the ticketing business is a very profitable one.

You may also be interested in cashing in on the industry by starting a ticketing and reservation business. But in starting this business, you will need a great wealth of knowledge. That is why you can begin to look at having ticketing deals.


https://www.makeitglobal.biz/featured/investment-opportunities-tourism-sector/


Can I have your contact?
Re: Investment Opportunities In Nigeria’s Tourism Sector by Nobody: 10:22pm On Mar 21, 2019
TourismMan:
Can I have your contact?
so you quoted all that long story for this? undecided
Re: Investment Opportunities In Nigeria’s Tourism Sector by TourismMan(m): 10:51pm On Mar 21, 2019
ClixMaster:
so you quoted all that long story for this? undecided
So?

Re: Investment Opportunities In Nigeria’s Tourism Sector by MakeItBiz: 11:01am On Mar 22, 2019
TourismMan:
Can I have your contact?


Sorry for the late response. Please send us a mail to makeitglobal10@gmail.com

Thanks!
Re: Investment Opportunities In Nigeria’s Tourism Sector by tck2000(m): 12:33pm On Aug 20, 2019
Nice

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