Trend one: Baby boomers--this generation will have a huge effect on the travel industry. With a rate of retirement of one person per eight seconds for the next 20 years, the baby boomers are driving every growing industry; including travel.

Trend two: The travel industry is growing 23 percent faster than the global economy. With such growth, a boom is on the horizon. In fact travel is expected to double to $14 trillion worldwide in the next 10 years. Of that economy, tourism accounts for almost 11 percent of all consumer spending worldwide.

Trend three: The continued growth of internet e-commerce will sustain online travel sales. Consumers are spending billions on the internet and travel is the fastest-groeing segment of that trend. While five years ago, people primarily made small purchases only, today people have become comfortable buying things such as cars, homes and of course travel online.

Trend four: Statistics show that small and home-based businesses are the fastest-growing segments of the U.S. economy. Home-based travel sellers are the fastest-growing segment of the travel agency community.