In this article, we discuss the 5 most valuable travel companies in the world. If you want to read our detailed analysis of the travel and leisure industry, go directly to the 15 Most Valuable Travel Companies in the World.
5. Hilton Worldwide Holdings Inc. (NYSE: HLT)
Market Capitalization: $33.9 billion
Ranking 5th on our list of top travel companies in the world, Hilton Worldwide Holdings Inc. (NYSE: HLT) operates in the hospitality sector, focusing on hotels and resorts. Management & Franchise and Ownership are the 2 segments it is rooted in. Founded in 1919 and situated in McLean, Virginia, Hilton Worldwide Holdings Inc. (NYSE: HLT) owns around 6,478 properties in 119 countries, reaching North America, South America, and Central America, including various Caribbean nations; Europe, Africa, Asia Pacific, and the Middle East. Hilton Worldwide Holdings Inc. (NYSE: HLT) covers hotel management and licensing of its brands.
On November 16th, Hilton Worldwide Holdings Inc. (NYSE: HLT) was branded as a global industry leader in sustainability for the second year in a row by the DJSI.
4. Marriott International, Inc. (NASDAQ: MAR)
Market Capitalization: $42.7 billion
Ranking 4th on our list of top travel companies in the world, Marriott International, Inc. (NasdaqGS: MAR) deals in the hotel, residential, and timeshare market worldwide. Established in 1927 and located in Bethesda, Maryland, Marriott International, Inc. (NasdaqGS: MAR) owns around 7600 properties in 133 countries and territories. JW Marriott, The Ritz-Carlton, Ritz-Carlton Reserve, W Hotels, The Luxury Collection, St. Regis, EDITION, Bulgari, Marriott Hotels, Sheraton, Delta Hotels, Marriott Executive Apartments, Marriott Vacation Club, Westin, Renaissance, and Moxy are some of the brands it owns.
On August 18th, Marriott International, Inc. (NasdaqGS: MAR) announced that it plans to launch 10 chains in Turkey by the end of 2022. The company ranked 293rd on the 2021 Fortune 500 and 26th on Forbes’s America’s Best Employers 2021.
3. Oriental Land Co., Ltd. (TYO: 4661.T)
Market Capitalization: $47.3 billion
Ranking 3rd on our list of top travel companies in the world, Oriental Land Co., Ltd. (TYO: 4661) primarily focuses on the Japanese theme park and hotel business. Under the hotel segment, Oriental Land Co., Ltd. (TYO: 4661) owns Tokyo Disneyland Hotel, Tokyo DisneySea Hotel MiraCosta, Disney Ambassador Hotel, and Tokyo Disney Celebration Hotel. Founded in 1960 and headquartered in Urayasu, Japan, Oriental Land Co., Ltd. (TYO: 4661) also run other operations which include shops, cinemas, restaurants, a monorail connecting four stations within Tokyo Disney Resort; MAIHAMA Amphitheater, and Bon Voyage, a Disney shop.
On May 20th, Oriental Land Co., Ltd. (TYO: 4661) released a report highlighting some organizational changes. The company planned on establishing a Corporate Strategy Planning Division and a Project Development Department while reorganizing the Marketing Division.
Pixabay/Public Domain
2. Booking Holdings Inc. (NASDAQ: BKNG)
Market Capitalization: $85.1 billion
Ranking 2nd on our list of top travel companies in the world, Booking Holdings Inc. (NasdaqGS: BKNG) operates in the online reservations industry for travel and restaurants. Booking.com specializes in accommodation reservations, Rentalcars.com specializes in car reservations, and Priceline runs their travel reservation services which include hotel, car, airline tickets, and vacations. Established in 1997 and situated in Norwalk, Connecticut, Booking Holdings Inc. (NasdaqGS: BKNG) is ranked 424th on the 2021 Fortune 500 and 198th on Forbes’s America’s Best Midsize Employer 2021.
On August 9th, Booking Holdings Inc. (NasdaqGS: BKNG)’s OpenTable launched new dining and tools for safety.
Photo by Jacek Dylag on Unsplash
1. Airbnb, Inc. (NASDAQ: ABNB)
Market Capitalization: $90.3 billion
Ranking 1st on our list of top travel companies in the world, Airbnb, Inc. (NasdaqGS: ABNB) targets guests worldwide by offering a platform for stays and travel experiences. Its main operations revolve around connecting guests and hosts online through mobile devices to book private rooms and luxury villas.
Founded in 2007 and based in San Francisco, California, the company used to be called AirBed and Breakfast until it changed its name in November 2010. Airbnb, Inc. (NasdaqGS: ABNB) is ranked 688 on the 2021 Fortune 500 and 60th on Forbes’s America’s Best Midsize Employer 2021.
On August 12th, Airbnb, Inc. (NasdaqGS: ABNB) reported that its second-quarter 2021 revenue was $1.3 billion compared to the $335 million for its second quarter 2020.
Photo by Karsten Winegeart on Unsplash
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