Top 10 Travel Companies in the World by Sales in 2020, Travel Industry Factsheet

 

What is the best travel agency? That’s a hard and subjective question to answer, but if you were to go by the best travel agency in the world in terms of sales, then your answer is Expedia Group. Expedia Group is an American online travel shopping company for consumer and small business travel. The company is mainly known for its travel fare aggregator websites where you can drop in and book all your travel needs from flights, car rentals, and even hotels. Expedia is also a metasearch engine to search up and plan your entire travel plans.

Expedia is a travel technology company that brought in sales of USD 99 billion last — making it the leaders in sales among the top 10 travel companies in the world on this list. In addition to the main expedia.com website, the company runs multiple websites from the best travel companies including Travelocity and trivago.

 

  • Founded: 1996
  • Expedia Group Headquarters: Bellevue, Washington, USA
  • Expedia Group Sales: USD 99 billion
  • Expedia Group Number of Employees: 24,000

 

Expedia Group Products and Services

 

  • com
  • com
  • Classic Vacations
  • Ebookers
  • Egencia
  • com
  • Expedia CruiseShipCenters
  • Expedia Local Expert
  • Expedia Partner Solutions
  • com
  • Hotwire Group
  • Orbitz
  • Travelocity
  • Trivago
  • Wotif

 

 

Number 2 on this list of the top 10 travel companies in the world is the American company Booking Holdings Inc. The company is known for operating travel fare aggregator websites and travel and tourism search engines such as its flagship booking.com, as well as Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. Booking Holdings generated sales of USD 92.7 billion last year, with nearly 90% of its profits coming from booking.com and outside the USA. Book Holdings is truly a global travel company that is expected to continue generating stellar sales within the global market.

 

  • Founded: 1996
  • Booking Holdings Headquarters: Norwalk, Connecticut, USA
  • Booking Holdings Sales: USD 92.7 billion
  • Booking Holdings Number of Employees: 24,500

 

Booking Holdings Products and Services

               

  • com
  • com
  • com
  • com
  • Cheapflights
  • com
  • momondo
  • Mundi
  • OpenTable

 

 

American Express Global Business Travel (GBT) is 3rd on this list of the top 10 travel companies in the world. GBT is a corporate management travel company operating under a 50% ownership stake from American Express. GBT is known as a business travel management company, major corporations use GBT’s services to manage corporate travel and meetings programs, providing services and support to business travelers.

Last year, GBT brought in sales of USD 33.7 billion — making it one of the top travel companies going by sales figures.

 

  • Founded: 2016
  • American Express Global Business Travel Headquarters: Jersey City, New Jersey, USA
  • American Express Global Business Travel Sales: USD 33.7 billion
  • American Express Global Business Travel Number of Employees: 17,400

 

 

BCD Travel ranks 4th on BizVibe’s list of the best travel companies by sales figures in 2020. BCD Travel is a provider of global corporate travel management and the largest travel company in the Netherlands. Currently, the company operates in over 109 countries and last year generated USD 27.1 billion in sales. BCD Travel’s parent company is BCD Group, a privately held Dutch company focused on travel services and corporate travel management.

 

  • Founded: 2006
  • BCD Travel Headquarters: Utrecht, Netherlands
  • BCD Travel Sales: USD 27.1 billion
  • BCD Travel Number of Employees: 13,800

 

BCD Travel Products and Services

 

  • Travel management
  • Travel consulting, meetings and events

 

 

Formerly known as Carlson Wagonlit Travel, CWT ranks 5th on this list of the top 10 travel companies in the world by sales in 2020. CWT is a travel management company that manages business travel, meetings, incentives, conferencing, exhibitions, and handles event management. The company is known for running a top tier B2B travel management platform, offering business travel, technology, and meetings and events management across 145 countries.

Last year, CWT generated sales of USD 25 billion — making it one of the top travel companies in the world in terms of transactional sales.

 

  • Founded: 1994
  • CWT Headquarters: Minneapolis, Minnesota, USA
  • CWT Sales: USD 25 billion
  • CWT Number of Employees: 18,000

 

 

6th on BizVibe’s list of the top 10 travel companies in the world is Flight Centre, the largest retail travel agency in Australia.  Flight Centre is headquartered in Brisbane and was founded in 1982. Flight Centre operates over 2,800 stores and offices under various retail and corporate brands in n Australia, New Zealand, United States, Canada, United Kingdom, South Africa, Hong Kong, India, China, Singapore, United Arab Emirates, and Mexico.

Last year, Flight Centre generated USD 16 billion making it one of the top travel agencies in the world by sales numbers. 50% of the company’s sales come from leisure and 50% from business.

 

  • Founded: 1982
  • Flight Centre Headquarters: Brisbane, Queensland, Australia
  • Flight Centre Sales: USD 16 billion
  • Flight Centre Number of Employees: 20,600

 

 

Ranking 7th on BizVibe’s list of the top 10 travel companies in the world is the Travel Leaders Group, a multi-unit travel industry company headquartered in New York City that has more than 7,000 company-owned, franchised and affiliated travel agency locations in the United States, Canada, the United Kingdom, and Mexico. The company has more than 52,000 travel agents worldwide and last year generated sales of USD 7.12 billion — making it one of the best travel agencies around. USD 3.73 billion in sales come from 52,000 hosted agents.

 

  • Founded: 1996
  • Travel Leaders Group Headquarters: New York City, New York, USA
  • Travel Leaders Group Sales: USD 12 billion
  • Travel Leaders Group Number of Employees: 4,000

 

 

American Express Travel is a full-service global travel and lifestyle network and 8th on this list of the top 10 travel companies in the world by sales. Last year the company generated sales of USD 6.27 billion. In March 2014, American Express announced that it signed an agreement to create a joint venture for business travel and spun off its corporate travel business like American Express Global Business Travel

 

  • Founded: 1915
  • American Express Travel Headquarters: New York City, New York, USA
  • American Express Travel Sales: USD 6.27 billion
  • American Express Travel Number of Employees: 5,000

 

 

Direct Travel is a leading travel management company, DT creates personalized solutions through an agile approach to corporate travel, meetings & events, and leisure. The company ranks 9th on BizVibe’s list of the top 10 travel companies in the world due to its stellar sales figures — generating USD 5.4 billion in transactional sales last year.

DT sells directly to consumers for corporate travel, meetings and incentives, group travel, and leisure vacations., with 87% of its sales coming from its business segment; 8% from leisure, and 5% from all other avenues.

 

  • Founded: 1980
  • Direct Travel Headquarters: Centennial, Colorado, USA
  • Direct Travel Sales: USD 5.4 billion
  • Direct Travel Number of Employees: 2,000

 

 

Rounding out BizVibe’s list of the top 10 travel companies in the world in 2020 is Corporate Travel Management, a global provider of innovative and cost-effective travel solutions spanning corporate, events, leisure, loyalty, and wholesale travel. CTM provides local service solutions to customers around the world, through a blend of CTM owned and operated offices and a network of independent partner agencies. Last year, CTM generated USD 5 billion in sales — making it one of the top travel companies in the world by sales numbers.

 

  • Founded: 1994
  • Corporate Travel Management Headquarters: Denver, Colorado, USA
  • Corporate Travel Management Sales: USD 5 billion
  • Corporate Travel Management Number of Employees: 725

 

This is BizVibe’s list of the top 10 travel companies in the world in 2020 by sales. These companies are changing the way businesses are pushing the boundaries in the global travel industry and are leveraging technology to push travel agencies and corporate travel management to new heights.

 

Reach out to the top travel companies on BizVibe today.