Traveling is one of the most rewarding experiences in the world. It’s an opportunity to explore new cultures, try new cuisines, and make unforgettable memories. If you’re planning a trip, you’ll likely need the services of a travel company to take care of your bookings and itinerary. With so many travel companies out there, it can be overwhelming to choose the right one. To make things easier for you, we’ve compiled a list of the top 10 largest travel companies in the world.
1. Expedia Group
With a market value of over $17 billion, Expedia Group is the largest online travel company in the world. It operates in over 190 countries and has a portfolio of over 200 travel booking sites, including Expedia, Hotels.com, and Orbitz.
2. Booking Holdings
Booking Holdings, formerly known as Priceline Group, operates in over 220 countries and has a market value of over $80 billion. Its portfolio includes Booking.com, Agoda, and Kayak, among others.
3. Airbnb
Founded in 2008, Airbnb has revolutionized the travel industry by allowing travelers to book accommodations in homes and apartments instead of hotels. It operates in over 220 countries and has a market value of over $35 billion.
4. American Express Global Business Travel
American Express Global Business Travel is a subsidiary of American Express that provides corporate travel management services. It operates in over 140 countries and has a market value of over $1 billion.
5. Carlson Wagonlit Travel
Carlson Wagonlit Travel is a global travel management company that operates in over 150 countries. It is a subsidiary of Carlson Companies and has a market value of over $500 million.
6. BCD Travel
BCD Travel is a global travel management company that operates in over 100 countries. It is a subsidiary of BCD Holdings and has a market value of over $3 billion.
7. Hogg Robinson Group
Hogg Robinson Group is a global corporate travel management company that operates in over 120 countries. It has a market value of over $200 million.
8. TUI Group
TUI Group is a European travel and tourism company that operates in over 180 countries. It has a market value of over $7 billion.
9. Flight Centre Travel Group
Flight Centre Travel Group is a travel agency that operates in over 100 countries. It has a market value of over $2 billion.
10. Thomas Cook Group
Thomas Cook Group was a British travel company that operated in over 20 countries. However, it declared bankruptcy in 2019 and ceased operations. At its peak, it had a market value of over $2 billion.
Conclusion
There you have it – the top 10 largest travel companies in the world. These companies offer a wide range of services and operate in multiple countries, making it easy for you to plan and book your next vacation.
Rank | Company | Market Value |
---|---|---|
1 | Expedia Group | $17 billion |
2 | Booking Holdings | $80 billion |
3 | Airbnb | $35 billion |
4 | American Express Global Business Travel | $1 billion |
5 | Carlson Wagonlit Travel | $500 million |
6 | BCD Travel | $3 billion |
7 | Hogg Robinson Group | $200 million |
8 | TUI Group | $7 billion |
9 | Flight Centre Travel Group | $2 billion |
10 | Thomas Cook Group | $2 billion (before bankruptcy) |
FAQs
What is the largest travel company in the world?
The largest travel company in the world is Expedia Group, with a market value of over $17 billion.
What is Airbnb?
Airbnb is a travel company that allows travelers to book accommodations in homes and apartments instead of hotels.
What happened to Thomas Cook?
Thomas Cook Group, a British travel company, declared bankruptcy in 2019 and ceased operations.