Northwestern Mindanao State College of Science and Technology

My Dream
Hospitality Business
BUSINESS NAME

Souvenir shop

BUSINESS OWNER:
JEFF DONARD D. LUPAS

CBMEC1: Operations Management

BS in Hospitality Management
Travelers rarely return home without bearing gifts for others and something for themselves to
remember their travels. In fact, the souvenir and novelty market is expected to grow by nearly $12
billion between 2021 and 2025. Sadly, the reality is that touristy gift shops are a dime a dozen,
turning out factory-made T-shirts and trinkets and lacking the authenticity that many travelers
seek. If you live in an area rich in history and culture and have experience in sales, explore the
possibility of opening up a gift shop featuring and supporting local artisans. Sourcing items can be
a challenge; however, Etsy is a great platform for identifying creators who live in your area and
may have crafts and wares with a wow factor. Local restaurants with their own lines of bottled or
packaged foods are another good area to explore.

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 Northwestern Mindanao State College of Science and Technology

My Dream Hospitality Business