Dreaming of a getaway? The largest travel companies in the world make it easier than ever to explore every corner of the globe. Check here!
If we ask what makes you happy after a hectic schedule, your answer should be a long vacation. However, this is not the only case when people travel to different places. Some people are passionate about discovering different destinations, and a few travel to disconnect from regular life. All these reasons contribute to boosting the travel and tourism sector worldwide like never before. Today, this is one of the largest sectors and plays a vital role in the global economy, with a total market size of around USD 11.39 trillion in 2023, which is anticipated to grow to around USD 18.44 trillion by 2032.
Can you guess what’s behind the tremendous growth of the travel and tourism sector? The travel companies that make travelling easy with their unparalleled services and innovation. From journey planning to flight tickets, hotel bookings, or travel suggestions, these travel companies complete packages to make your journey hassle-free. Let’s dive into the top 10 largest travel companies in the world, helping globetrotters make their plans successful.
List Of Largest Travel Companies In The World
The following top 10 travel companies in the world are shortlisted based on their market cap.
1- Booking Holdings
Market Capitalisation: $119.11 Billion
According to Yahoo Finance, Booking Holdings is the biggest travel agency in the world. With a broad range of services, including hotel reservations, car rentals, flights, and vacation packages, Booking Holding secured 1st position on the list of the largest travel companies in the world. The most well-known platforms include booking.com, Agoda, Priceline, and Kayak, helping millions of travellers worldwide plan their trips.
2- Airbnb
Market Capitalisation: $105.19 Billion
The second name on the list of the top 10 travel companies in the world is Airbnb. This platform revolutionised the hospitality sector by allowing people who want to rent their homes or properties to guests. With millions of customers, Airbnb is now one of the largest travel companies in the world, allowing travellers to enjoy personalisation during their travel.
3- Marriott International
Market Capitalisation: $72.45 Billion
Marriott International is a global hospitality leader with a portfolio of over 30 hotels, including luxury hotels, Ritz-Carlton, and St. Regis, along with mid-range options like Courtyard. Besides hotels, Marriott International also allows booking for resorts. With over 300 brands and 8,000 properties across 139 countries, Marriott International has become one of the largest travel companies in the world.
4- Oriental Land
Market Capitalisation: $55.63 Billion
It is a Japanese theme park company known for managing two theme parks- Tokyo DisneySea and Tokyo Disneyland. While the company primarily engages in entertainment and leisure, its role in the tourism industry is significant. Today, the company is considered among the top travel companies in the world for its great hospitality services.
5- Hilton Worldwide
Market Capitalisation: $51.87 Billion
The fifth name on the list of the largest travel companies in the world is Hilton Worldwide. This platform is recognised for offering over 6,000 accommodation choices and other travel services. From luxury hotels to mid-range guest houses and budget-friendly homestays, there are several options that meet luxury, making it one of the top travel companies in the world.
6- Las Vegas Sands
Market Capitalisation: $38.81 Billion
Large Vegas Sands is positioned among the top 10 travel companies in the world. It majorly deals in the casino and resort industry and owns iconic properties, such as the Venetian and The Palazzo in Las Vegas. With a significant presence in Asia and North America, Large Vegas Sands has secured its place on the list of largest travel companies in the world.
7- Royal Caribbean
Market Capitalisation: $32.71 Billion
Royal Caribbean is considered among the top travel companies in the world. Basically, it is a cruise line known for its innovative ships, unique services, and extensive itineraries. The company operates Oasis-class ships, which are among the world’s largest cruise ships, offering luxurious, all-inclusive experiences on the sea. Renowned for its only cruise services, Royal Caribbean has secured its position on the list of the largest travel companies in the world.
8- Emirates Group
Market Capitalisation: $32.6 Billion
Emirates Group is a Dubai travel agency primarily known for offering air services. It is an airline company that helps travellers plan their trips worldwide. Because of its unexceptional flights and travelling services, Emirates Group has become one of the top travel companies in the world.
9- Ryanair Holdings
Market Capitalisation: $32.3 Billion
Ryanair Holdings is a low-cost airline group. Primarily providing airline services, Ryanair Holdings also offers a range of travel-related services. Its low fares make it accessible to a broader audience and significantly impact how people travel from one country to another. Ryanair Holdings’ affordable fares and worldwide services make it one of the largest travel companies in the world.
10-Trip.Com
Market Capitalisation: $28.27 Billion
Originally known as Ctrip, Trip.com is a leading Chinese travel company offering various travel services, including hotel booking, flight reservations, car rentals, and vacation packages. With operations in more than 200 countries and substantial revenue, Trip.com is known as one of the largest travel companies in the world.
A few travel agencies are also linked to the most luxurious hotels in the world, taking your experience to the next level. So, travel agencies, overall, offer a great experience, from comfortable stays to car rentals and flights. It saves you from the hassles of meeting different travel requirements in one platform and at affordable prices. So next time when you plan your trip, consider the biggest travel agency in the world.
