Shared Travel and Tourism Economy
BUSINESS TYPE Online Peer-to-Peer Travel
STAGE OF BUSINESS Start-Up
INDUSTRY OF OPERATION
- Travel and Tourism
- Hotel and Hospitality
- E-Commerce
- M-Commerce
- Shared Economy
COUNTRY/REGION/CITY South Africa
PURPOSE OF BUSINESS PLAN
- Investor Funding Proposal
- Strategic Plan detailing a Start-Up Strategy to the Company’s Shareholders
LOAN AMOUNT R3.5 million
PROJECT OVERVIEW
The Company will be providing Local South Africans the opportunity to share their lives and activities with international and regional travellers while making extra money doing it. The Company will provide an online platform where locals, i.e. ‘The Hosts’, show off their talent, skills and hobbies to travellers. The platform will match hosts and travellers based on their profile, interest and activity. An opportunity exists because the tourism industry is changing, people are no longer tourists, they’re travellers and travellers love to explore, they want to learn and discover unique things. This Peer-to-Peer, Shared Economy, Online Business Model has hit the world by storm with companies like Airbnb, Uber and Couchsurfing, showing phenomenal growth in only a few years. People want to know how other people live, go behind the scenes and visit places tourists do not usually see.
