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In the highly competitive world of travel, every company, whether it’s a boutique hotel, a travel agency, or a tour operator, is vying for the attention of travelers. With so many options available online, staying ahead of the competition is crucial to your success. One of the most effective ways to achieve this is through competitor identification.
Knowing who your competitors are, understanding their strengths and weaknesses, and strategically positioning yourself against them can give your travel business a competitive edge. In this article, we’ll take you through the process of competitor identification, explain why it’s vital for travel companies, and show you how to implement it effectively with our Wanderer’s Watchlist package.
1. What is Competitor Identification?
Competitor identification is the process of determining which companies within your industry are competing for the same customers, traffic, and market share. For travel businesses, this goes beyond just identifying who is in your direct geographic location. It includes those who are targeting similar audiences, offering related services, and positioning themselves in ways that may influence your potential customers.
Competitor identification isn’t just about finding who is already established. It also involves recognizing emerging players, understanding the market shifts, and identifying trends that might disrupt your business.

Types of Competitors for Travel Companies
Travel companies face several types of competitors in the digital space:
- Direct Competitors: These are businesses offering the same or similar services as you. For example, a luxury tour operator in Paris would be competing directly with other luxury tour operators in the same location.
- Indirect Competitors: These companies provide alternative solutions that satisfy the same customer need. For instance, a local restaurant in Paris may not be offering tours, but it may compete with your tour company for customer attention in a broader travel context.
- Emerging Competitors: New businesses or startups that are entering the travel industry. These may not be major players yet, but identifying them early can provide you with a significant advantage.
Competitor identification allows you to understand who you’re competing with, their positioning in the market, and the strategies they are using to attract your target audience.
2. How to Identify Competitors in the Travel Industry?
Identifying your competitors may seem straightforward, but a strategic approach can help you dive deeper and gather meaningful insights to gain a competitive advantage. Here’s how you can identify your competitors:

Step 1: Define Your Niche
Before you start identifying competitors, it’s crucial to understand your specific market niche. In the travel industry, there are many different segments, such as:
- Luxury travel
- Adventure tourism
- Cultural or historical tours
- Family-friendly vacations
- Eco-tourism
Defining your niche allows you to refine your search for competitors who are directly targeting the same audience. A family-owned bed and breakfast in the mountains might be competing with other bed and breakfasts in the area, while a high-end travel agency focused on bespoke itineraries may find competitors among luxury travel providers.
Step 2: Conduct Online Searches
Use search engines to conduct queries around keywords that are relevant to your business. For example, if you specialize in tours in Paris, search for terms like “private tours in Paris,” “best Paris tour operators,” or “Paris sightseeing tours.” Check out the first page of the search results to identify companies that appear repeatedly.
Step 3: Use SEO and Market Research Tools
In the travel industry, many SEO and market research tools can help you dig deeper into competitor analysis. Tools like Semrush, Ahrefs, and Moz allow you to:
- Identify competing websites: Search for keywords related to your services and see who is ranking for those terms.
- Analyze keyword gaps: Find out which keywords your competitors are ranking for that you are not.
- Evaluate backlinks: Discover where your competitors are getting their backlinks from, and use this information to improve your own link-building efforts.
Additionally, Google Trends and Google Alerts can be valuable in tracking shifts in search volume for key travel-related terms and identifying emerging competitors.
Step 4: Analyze Social Media and Industry Forums
Social media platforms, especially Instagram, Facebook, Twitter, and LinkedIn, can provide valuable insights into your competitors’ activities. Pay attention to the type of content they’re posting, the hashtags they’re using, their engagement rates, and how they’re positioning their brand in front of potential travelers.
Industry forums and online communities like TripAdvisor, Yelp, and even Reddit can provide insights into who your customers are talking about and which travel brands they trust.
Read our tips: creating social media campaigns that inspire wanderlust.
Step 5: Monitor Reviews and Customer Feedback
Customer feedback on review sites, social media, and travel blogs is a goldmine for competitor insights. See what customers are saying about your competitors and identify areas where they are excelling and areas where they are falling short. This will help you find gaps in the market and areas where you can differentiate your services.
3. Why is Competitor Identification Important for Travel Companies?
Understanding who your competitors are and what they are doing well—or poorly—can be the difference between success and failure.

Here’s why competitor identification is so crucial for travel companies:
1. Helps You Identify Market Opportunities
By identifying your competitors’ weaknesses, you can spot opportunities in the market that they might be overlooking. Perhaps they’re not offering the level of customer service you believe travelers expect, or maybe they’re not capitalizing on the growing trend of eco-tourism. By filling these gaps, you can carve out a niche that attracts travelers seeking better alternatives.
2. Guides Your SEO and Content Strategy
Competitor analysis is a key part of your SEO and content strategy. Understanding the keywords your competitors are ranking for, the types of content they are producing, and the platforms they are active on allows you to build a more effective SEO plan. For example, if a competitor’s blog is gaining traction with content about “hidden gems in Bali,” you may want to create content targeting other similar off-the-beaten-path destinations.
Read our guide: Why SEO is crucial for travel businesses to stay competitive.
3. Provides Insight into Customer Preferences
Competitor research allows you to better understand your customers’ preferences by evaluating what competitors are doing to attract them. If you notice that a competitor is receiving a lot of positive feedback for a specific tour package, you can leverage that insight to create similar offerings that cater to your target audience.
4. Improves Your Marketing and Advertising Campaigns
Tracking your competitors’ marketing strategies—such as paid ads, promotions, and social media campaigns—gives you insight into what’s working in the travel industry. You can adapt or refine your own campaigns based on what you learn. This will save you time and resources, helping you implement strategies that are more likely to succeed.
5. Informs Your Pricing Strategy
By analyzing your competitors’ pricing models, you can ensure your offerings are competitive. If competitors are underpricing or overpricing their services, you can adjust your pricing strategy accordingly. A well-informed pricing structure can give you an edge in attracting more customers without sacrificing profitability.
Take Action with Wanderer’s Watchlist
Now that you understand the importance of competitor identification and how it benefits your travel business, it’s time to put this knowledge into action. Wanderer’s Watchlist, our comprehensive competitor analysis package, helps you stay ahead of the curve and consistently outperform your competitors.
What’s Included in Wanderer’s Watchlist?
- Competitor Identification: We identify your top 5 competitors and compare ranking keywords, organic traffic Search Volume and their top position in Google.
- Keyword Analysis: We identify the top 5 competitor keywords for each competitor, including search volume and position in SERPs.
- Backlink Analysis: We take a deep dive into your competitor’s domain rating, number of backlinks and linking websites, and 20+ backlink & link building opportunities.
- Traffic and Ranking Insights: We identify the top five pages bringing traffic to your competitors and provide detailed insights into URLs, SERPs, and search volume and provide suggestions on turning insights into opportunities.
With Wanderer’s Watchlist, you’ll receive an actionable roadmap for staying competitive in the ever-evolving travel industry. Our team will help you implement strategies that target the right audience, leverage opportunities, and maximize your growth potential.
Ready to Outsmart Your Competitors?
Don’t wait for your competitors to outpace you. Get the insights you need with Wanderer’s Watchlist, and take your travel business to the next level. Contact us today to learn more about how we can help you stay ahead of the competition and position yourself for success in the travel industry.










