Risk is a synonym of adventure travel and tourism. The risk is the attraction (challenge) that an adventure tourist try to visit (overcome) during the vacation. The snow based adventure activities are not for everyone. Thus, the market is small. A small market can generate limited revenue and profit.
If we are able to develop weather-proof eco-friendly electricity, transport, and water systems in the Himalayas, the mountains may draw more tourists, especially looking for soft adventure activities. Then only adventure travel companies can earn higher profits.
Although the portal claims that the inventory has trips from across the world, search for Bhutan and Nepal delivered very limited options. I also searched the portal for the “Himalayas” in vain.
Are new IT-savvy adventure travel entrepreneurs trying to kill employment opportunities for professional tour guides by developing platforms facilitating direct interaction between travelers and locals? As loads of free online user generated travel guides and crowd sourced travel information websites have already compelled traditional travel guide publishers to revamp their business models.
TUI Travel PLC and Intrepid Travel formed a joint venture to create the “biggest” global adventure travel company, PEAK Adventure Travel Group, in February 2011. The one-stop-shop would consist of global adventure brands of both the companies, including Adventure Center, TrekAmerica, Intrepid Suntrek, Gecko’s, Exodus and Adventure Tours Australia. TUI…