Travel…It’s A Huge Industry!

The latest research for Travel & Tourism showed a slowdown in the travel industry in 2008 but prospects are bright for the coming ten years!

World Travel & Tourism was expected to generate close to US $8 trillion in 2008, rising to approximately US $15 trillion over the next ten years, according to the latest Tourism Satellite Accounting (TSA) research that I could find which was reported in March 2008 by the World Travel & Tourism Council (WTTC) and its strategic partner Accenture.

According to John Walker, Chairman of Oxford Economics, “…In particular, China, India and other emerging markets are still growing rapidly, which will increase both business and leisure travel, while many countries in the Middle East are undertaking massive tourism-related investment programs…”

Is WorldVentures A High Performance Company?

According to Alex Christou, Managing Partner of Accenture’s Transportation & Travel Services, “…high performance companies will differentiate themselves by being highly focused on their individual customers. The winners will be companies that take a balanced view, driving customer intimacy and product innovation while driving non-value added costs out of their operations.”

By all appearances, the privately held WorldVentures is a high performance company as evidenced by their MLM business model, which uniquely places their focus on their WorldVentures Leisure Travel Consultants (LTC’s), or distributors, their Preferred Customers (a FREE service offering WorldVentures’ customers last minute deals, specials and members only privileges not normally found on other travel booking websites) and their WorldVentures DreamTrips members.

The WorldVentures DreamTrips membership program offers its members more than 200 (and growing) specific trips on specific dates to exotic locations all around the world and they offer these pre-planned and pre-packaged trips at unbelievably low prices!

Is WorldVentures Poised For Continued Long-Term Growth?

According to the same research I referenced earlier, “…Regionally Africa, Asia Pacific and the Middle East are experiencing higher growth rates than the world average, at 5.9%, 5.7% and 5.2% respectively…”

Already positioned to market in countries such as the UK, South Africa, Kenya, Botswana, Singapore, Israel and Cypress, WorldVentures appears does indeed appear poised to take advantage of the growth patterns evolving in the Asian, African and Middle East travel markets!

Furthermore, in only their fourth year of operation, WorldVentures expects to post 2009 profits exceeding the total of $150 Million dollars in profits for their first 3 years of operation combined!

This bodes well for WorldVentures future expansion into some of the world’s most potentially lucrative travel markets. Toss in the expansion into the potentially huge travel markets and populations of China and India and WorldVentures future looks incredibly bright!

WorldVentures is indeed a solid MLM company that is doing a remarkable job of cashing in on the big business of travel!

To get more information on WorldVentures or other great MLM companies, be sure to click on the links at the bottom of this article in the Author Resource Box and be sure to check out some of the other articles and reviews I have written.