company tourism related

24 Top-Performing Travel and Tourism Corporations

The travel and tourism industry is a bustling market, encompassing a wide array of enterprises that offer both national and international travel services. This industry includes, but is not limited to, online marketplaces for short-term accommodations, hotel booking platforms, and comprehensive travel agencies that offer customizable holiday packages. Companies in this sector strive to provide a seamless experience for travelers, from booking the perfect lodging to planning an entire trip. As the world becomes increasingly digital, these companies are focusing on enhancing their online features and accessibility, creating interactive platforms to engage customers and meeting the demands of the modern-day traveler.

Top 24 Travel and Tourism Companies

Website: airbnb.com
Headquarters: San Francisco, California, United States
Founded: 2007
Headcount: 5001-10000
Latest funding type: Ipo

Airbnb is an online marketplace and hospitality service that enables people to rent or lease short-term lodging including vacation rentals, apartment rentals, homestays, hostels, and hotel rooms.

Website: hotels.com
Headquarters: Dubai, Dubai, United Arab Emirates
Founded: 1993
Latest funding type: Acquired

Hotels.com is a leading online travel company that offers a wide range of hotel bookings and vacation rentals worldwide. They provide users with easy access to hotel discounts, cheap hotels, hotel rates, and hotel reservations. With a large inventory of accommodations and a user-friendly platform, Hotels.com is a trusted choice for travelers.

3. Thomas Cook India Limited

Website: thomascook.in
Headquarters: Mumbai, Maharashtra, India
Founded: 1841
Headcount: 1001-5000

Thomas Cook is a travel company that offers holiday packages and travel services. They provide customizable domestic and international tour packages, including honeymoon packages and adventure trips. Thomas Cook also offers currency exchange, travel insurance, visa services, and international money transfer.

4. TUI Nederland

Website: tui.nl
Headquarters: Rijswijk, Zuid-Holland, Netherlands
Founded: 1995

TUI is a travel company offering a wide range of vacation packages, including flights, accommodations, and activities. They provide various options for different types of travelers and destinations.

5. Alpitour

Website: alpitour.it
Headquarters: Torino, Italia, Italy
Founded: 1947

Alpitour is a trusted company that offers secure and guaranteed vacation packages. They provide inclusive travel insurance and 24/7 assistance for a worry-free trip. With destinations in Capo Verde, Messico, Repubblica Dominicana, Maldive, and Madagascar, Alpitour offers discounts and a variety of packages. They specialize in resorts and top-rated hotels worldwide. Alpitour also offers gluten-free options and a range of travel services, such as catalogs, rules for traveling, and insurance.

6. Travelocity

Website: travelocity.com
Headquarters: Dallas, Texas, United States
Founded: 1996
Headcount: 51-200

Travelocity.com is a travel booking platform that offers a wide range of services including hotel bookings, vacation rentals, vacation packages, domestic flights, car rentals, and travel blog. Customers can find unique places to stay and access special discounts and features. The company values privacy and offers support for booking cancellations and refunds.

Website: orbitz.com
Headquarters: Chicago, Illinois, United States
Founded: 1999

Orbitz.com is an online travel agency that offers flights, hotels, rental cars, vacation packages, and activities at competitive prices.

Website: sunsail.co.uk
Headquarters: Surbiton, Surrey, United Kingdom
Founded: 1974
Headcount: 501-1000

Sunsail.co.uk is a company that offers yacht charter and sailing holidays. They provide bareboat and skippered sailing holidays in various destinations around the world. Their services include flotilla charters, sailing schools, and yacht ownership options. Customers can choose from a range of boats, including catamarans and monohulls. Sunsail.co.uk is a trusted and reliable provider of sailing vacations for individuals, families, and groups.

9. Teletext India Private Limited

Website: teletextholidays.co.uk
Headquarters: Hyderabad, Telangana, United Kingdom
Founded: 1992

Teletext Holidays is a travel agency offering a wide range of holiday packages to various destinations. They provide customers with the opportunity to book all-inclusive, self-catering, and other types of holidays. With a user-friendly website and a mobile app, they aim to make the holiday booking process stress-free and convenient.

10. Panorama Leisure (PT Panorama Sentrawisata Tbk)

Website: panorama-group.com
Headquarters: West Jakarta, Jakarta Raya, Indonesia
Founded: 1972

Panorama Group is an integrated tourism company that offers exceptional services to travelers exploring the world. They provide tour packages, transportation services, and hospitality solutions to make their customers' adventures convenient, enjoyable, and memorable.

11. The Moorings Yacht Charters

Website: moorings.com
Headquarters: Clearwater, Florida, United States
Founded: 1969

The Moorings is a company that offers a variety of charter options for sailing and powerboat vacations in idyllic coastal regions worldwide. They provide sail yachts, catamarans, monohulls, and crewed yachts for charter, along with essential extras and skippered vacations. With their innovative fleet, industry-leading service, and stunning destinations, The Moorings ensures unforgettable yacht charter experiences.

12. Dream Yacht Charter

Website: dreamyachtcharter.com
Headquarters: Annapolis, Maryland, United States
Founded: 2001
Headcount: 201-500

Dream Yacht Charter is a leading company in the yacht charter industry, offering a wide range of sailing vacations to various destinations. They provide fully crewed and bareboat charters, as well as by the cabin charters. With a diverse fleet of monohulls and catamarans, customers can sail their dream vacation in the Caribbean, Europe, and other beautiful locations. Whether experienced or new to sailing, Dream Yacht Charter has options for everyone.

13. Pitchup.com

Website: pitchup.com
Headquarters: London, England, United Kingdom
Founded: 2009

Pitchup.com is a website that offers a wide range of accommodation options for outdoor enthusiasts, including camping pods, caravans, and lodges. They have a vast selection of locations across various countries, providing a convenient platform for customers to find and book their ideal outdoor getaway.

14. Minar Travels (India) Pvt. Ltd.

Website: minartravels.com
Headquarters: New Delhi, New Delhi, India

Minar Travels is a travel company that has been providing unique and unforgettable experiences to travelers for over two and a half decades. With a commitment to excellence in every aspect, the company has earned numerous honors and accolades. Their goal is to create remarkable journeys and incredible experiences for their clients.

15. Berge & Meer Touristik GmbH

Website: berge-meer.de
Headquarters: Rengsdorf, Rheinland-Pfalz, Germany

Berge & Meer is a travel company offering a wide range of luxury vacation packages to various destinations around the world. They specialize in providing unique and memorable experiences for their customers.

16. Christian Tour

Website: christiantour.ro
Headquarters: Sectorul 1, Bucureşti, Romania
Founded: 1997

Christian Tour is a travel agency that offers a wide range of vacation packages to various destinations. They provide all-inclusive, full board, half board, and bed and breakfast options. Their offerings include beach resorts, city breaks, cruises, and adventure tours.

17. Join UP!

Website: joinup.ua
Headquarters: Kyiv, Ukraine
Founded: 2010

JoinUP is a company offering travel services, including tours, flights, and hotel reservations. They provide a wide range of vacation options for various destinations.

18. AAT Kings

Website: aatkings.com
Headquarters: Alexandria, Nsw, Australia
Founded: 1925

AAT Kings is a company that offers exciting and adventurous small group tours in Australia and New Zealand. They are committed to the wellbeing of their customers and provide a range of guided vacations, short breaks, and day tours. With experienced Driver Guides, they offer immersive experiences in stunning landscapes and rich cultural destinations.

19. Exoticca

Website: exoticca.com
Headquarters: Barcelona, Barcelona, Spain
Founded: 2013
Latest funding type: Debt Financing

Exoticca.com is a travel company offering curated, unique and luxury travel experiences to exotic destinations around the world. With a focus on personalized itineraries and high-quality service, Exoticca.com provides customers with unforgettable adventures.

20. ruf Jugendreisen GmbH & Co. KG

Website: ruf.de
Headquarters: Bielefeld, Nordrhein-Westfalen, Germany
Founded: 1981

RUF.DE is a company offering a wide range of youth trips and holidays, including beach and sport camps, party clubs, language experiences, and city trips. They provide various activities and programs, allowing young people to learn, have fun, and make new friends while enjoying their vacation. With a focus on affordability and quality, RUF.DE offers a diverse selection of destinations and accommodations for youth travel.

21. Inside Travel Group

Website: insideasiatours.com
Headquarters: Bristol, Bristol, United Kingdom
Founded: 2000

InsideAsia Tours offers custom holiday and vacation planning services for various destinations in Asia. They provide personalized travel consultants to help create perfect trips.

22. Marvel Tours

Website: marveltours.in
Headquarters: Kochi, Kerala, India

Marvel Tours is a company that offers personalized travel experiences to individuals and groups. They provide a wide range of travel services, including customized itineraries, accommodation bookings, transportation arrangements, and guided tours. With a focus on delivering exceptional customer service and creating unforgettable travel memories, Marvel Tours aims to make every trip a truly unique and enriching experience.

23. Phil Hoffmann Travel

Website: pht.com.au
Headquarters: Glenelg, South Australia, Australia
Founded: 1990

Phil Hoffmann Travel is a travel agency that offers a wide range of travel services and experiences. They specialize in luxury travel adventures and provide personalized travel planning, including flights, accommodations, tours, and more.

24. Creatur Viajes

Website: creaturviajes.com
Headquarters: Mexico, Maine, Mexico
Founded: 1980

Creatur Viajes is a travel agency specializing in adventure tourism, offering exciting and unique vacation packages. With a focus on providing unforgettable experiences, they cater to a wide range of travelers, including young adults and honeymooners.

Want to find more travel and tourism companies?

If you want to find more companies that offer comprehensive travel-related services and accommodations you can do so with Inven . This list was built with Inven and there are hundreds of companies like these globally.

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Ownership: Which of these are private equity backed? Which are family-owned?
Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
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20 largest travel companies in the world.

In this article, we will be covering the 20 largest travel companies in the world. If you want to skip our detailed analysis of the travel and tourism industry, you can go directly to 5 Largest Travel Companies In The World .

The travel and tourism sector plays a vital role in global economies. It creates jobs, fosters cultural exchange, and supports local businesses. It promotes understanding between nations while also contributing significantly to GDP growth. According to the World Travel & Tourism Council (WTTC), travel and tourism accounted for 7.6% of global GDP in 2022 while also creating 22 million new jobs around the world.

An Analysis of the Global Travel and Tourism Industry

The travel and tourism sector plays a crucial role in addressing societal and economic challenges. The industry is now thriving after being severely impacted during the peak of the COVID-19 crisis, which led to travel restrictions, cancellations, and a sharp decline in tourism activities. According to a report by Market Research Future, the global travel and tourism market reached a value of $648.03 billion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2032 and reach a value of more than $1.01 trillion by the end of the forecasted period. The North American region leads the global travel and tourism market, while Europe follows as the second-largest market. The Asia-Pacific region is anticipated to exhibit the fastest growth in the industry during the forecasted period.

The travel and tourism market is undergoing a digital transformation with online booking platforms, travel agencies, mobile apps, and online travel-related services driving growth by enhancing connectivity and providing convenient and personalized traveler experiences. The trend of cultural and experiential tourism, with travelers seeking authentic, immersive experiences, unique destinations, and local experiences, is also a key factor driving market growth. Moreover, the rise in disposable incomes, especially in emerging markets, is leading to increased tourism. More people have the means to explore domestic and international destinations. According to the World Travel & Tourism Council (WTTC), domestic visitor spending saw an increase of 20.4% in 2022. On the other hand, international visitor spending went up by 81.9% in 2022.

What are Some of the Biggest Companies in the Travel and Tourism Industry Up To?

Prominent companies in the travel and tourism industry are actively pursuing various strategies to expand their global presence and increase their profitability. Some of the most notable names are Marriott International Inc. (NYSE: MAR ), Hilton Worldwide Holdings Inc. (NYSE: HLT ), and Booking Holdings Inc. (NASDAQ: BKNG ).

Booking Holdings Inc. (NASDAQ:BKNG) is one of the world’s largest providers of online travel and related services. It provides online travel services in more than 220 countries through its brands which include Booking.com, Priceline, Agoda, KAYAK, and OpenTable. Booking Holdings Inc. (NASDAQ:BKNG) is also one of the best travel stocks to buy . On February 22, Booking Holdings Inc. (NASDAQ:BKNG) reported strong earnings for the fiscal fourth quarter of 2023. The company reported earnings per share (EPS) of $32, surpassing EPS estimates by $1.95. The company’s revenue for the quarter grew by 18.15% year-over-year and amounted to $4.78 billion, ahead of market consensus by $73.37 million. Here are some comments from Booking Holdings Inc.’s (NASDAQ:BKNG) Q4 2023 earnings call:

“As we look to the year ahead, we see strong growth on the books for travel that’s scheduled to take place in 2024, which gives early indications of potentially another record summer travel season. As we’ve noted previously, a high percentage of these bookings are capable and what is on the books today for the summer period represents a small percentage of the total bookings that we expect to ultimately receive. David will provide further details on fourth quarter results and on our thoughts about the first quarter and full year 2024. Looking back at the full year of 2023, I am proud of our efforts to drive more benefits to our travelers and supply partners while also delivering record-setting industry-leading financial results. We reached a significant milestone last year with our customers’ booking an all-time high of over 1 billion room nights on our platform, which was an increase of 17% versus 2022.”

As the demand for travel and tourism continues to grow, companies operating in this space are launching new products, engaging in mergers and acquisitions, increasing investments, and forming contracts and collaborations. Marriott International Inc. (NYSE:MAR) is an American multinational hospitality company. It operates and franchises hotels and licenses vacation ownership resorts in more than 130 countries around the world. On March 7, Marriott International Inc. (NYSE:MAR) announced that it has entered into an agreement with Victoria Park Hotels Ltd. to launch The Park Lane Hong Kong, Autograph Collection. This new addition is set to become part of Autograph Collection Hotels by early 2025. Autograph Collection Hotels’ portfolio includes more than 300 independent properties in some of the most desirable locations around the world. Situated within a 28-story mixed-use complex featuring retail spaces on the lower floors, the new hotel is projected to have 820 guest rooms, an executive lounge, 3 unique dining venues, extensive event spaces spanning over 1,700 square meters, and various recreational facilities. Some of the guest rooms will boast stunning views of Victoria Harbour, while others will overlook the city or Victoria Park in Hong Kong.

On February 7, Hilton Worldwide Holdings Inc. (NYSE:HLT) announced an exclusive strategic partnership with Small Luxury Hotels of the World (SLH) that will introduce guests of Hilton Worldwide Holdings Inc. (NYSE:HLT) to a wide range of hotels in some of the most popular destinations around the world. This collaboration will significantly enhance Hilton Worldwide Holdings Inc.’s (NYSE:HLT) luxury offerings as unique SLH properties become part of the esteemed Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, and LXR Hotels & Resorts brands.

Now that we have discussed what’s going on in the global travel and tourism industry, let’s take a look at the 20 largest travel companies in the world.

A line of travellers queuing for a commercial flight, emphasizing the airport management operations.

Methodology

In this article, we have listed the 20 largest travel companies in the world. To find the top travel companies in the world, we sifted through various sources including industry reports, our own rankings in addition to rankings available on various websites, and consulted stock screeners from Yahoo Finance and Finviz. For companies that are publicly traded, we decided to rank them according to their market capitalization as of March 9. We used fiscal year revenues to rank the companies that are not publicly traded. For foreign companies, we converted the market caps and revenues to US dollars according to their respective exchange rates, as of March 9. Finally, we narrowed down our selection to rank the 20 largest travel companies in the world based on their market capitalization and revenues, which are listed below in ascending order.

20. Host Hotels & Resorts Inc. ( NYSE: HST )

Market Capitalization: $14.9 Billion

Host Hotels & Resorts Inc. (NYSE:HST) is a major American lodging real estate investment trust (REIT) that invests in hotels. It owns a diverse portfolio of luxury and upper-upscale hotels. Host Hotels & Resorts Inc. (NYSE:HST) has a market capitalization of $14.9 billion as of March 9, 2024.

19. Hyatt Hotels Corporation ( NYSE: H )

Market Capitalization: $16.12 Billion

Hyatt Hotels Corporation (NYSE:H) is an American multinational hospitality company. As one of the world’s top hospitality companies, it manages and franchises luxury and business hotels, resorts, and vacation properties in more than 70 countries across 6 continents. As of March 9, 2024, Hyatt Hotels Corporation (NYSE:H) has a market capitalization of $16.12 billion.

18. InterContinental Hotels Group PLC ( NYSE: IHG )

Market Capitalization: $17.4 Billion

InterContinental Hotels Group PLC (NYSE:IHG) is a British multinational hospitality company. With more than 6,000 hotels in over 100 countries, it is one of the world’s leading hotel companies. InterContinental Hotels Group PLC (NYSE:IHG) has a market capitalization of $17.4 billion as of March 9, 2024. It ranks 18th on our list of the 20 biggest travel companies in the world.

17. Expedia Group Inc. ( NASDAQ: EXPE )

Market Capitalization: $18.5 Billion

Expedia Group Inc. (NASDAQ:EXPE) is an American travel technology company. As one of the top travel agencies in the world, it owns and operates various brands including Expedia, Hotels.com, CarRentals.com, Vrbo, Travelocity, Trivago, Orbitz, Ebookers, CheapTickets, and Expedia Cruises. As of March 9, 2024, Expedia Group Inc. (NASDAQ:EXPE) has a market capitalization of $18.5 billion.

16. Southwest Airlines Co. ( NYSE: LUV )

Market Capitalization: $20.44 Billion

Southwest Airlines Co. (NYSE:LUV) is an American airline company. It offers low-cost air travel service with frequent flights of mostly short routes. As one of the biggest travel companies in the world, Southwest Airlines Co. (NYSE:LUV) has a market capitalization of $20.44 billion as of March 9, 2024.

15. Qatar Airways Group

Revenue: $21 Billion

Qatar Airways Group is the flag carrier of Qatar. Owned by the Government of Qatar, it is one of the world’s top airlines and it currently flies to over 170 international destinations. Qatar Airways Group generated an annual revenue of $21 billion in the year 2022-2023. It ranks among the top 15 on our list of the 20 largest travel companies in the world.

14. Carnival Corporation & plc (NYSE: CCL )

Market Capitalization: $21.38 Billion

Carnival Corporation & plc (NYSE:CCL) is a British-American cruise operator. As one of the world's largest leisure travel companies, it owns some of the most well-known cruise line brands in North America, the United Kingdom, Germany, Italy, and Australia. Carnival Corporation & plc (NYSE:CCL) has a market capitalization of $21.38 billion as of March 9, 2024.

13. Galaxy Entertainment Group Limited (SEHK:0027)

Market Capitalization: $21.83 Billion

Galaxy Entertainment Group Limited (SEHK:0027) is one of Asia’s top developers and operators of integrated entertainment and resort facilities. It owns and operates a broad portfolio of integrated resort, retail, dining, hotel, and gaming facilities in Macau. As one of the top travel companies in the world, Galaxy Entertainment Group Limited (SEHK:0027) has a market capitalization of $21.83 billion as of March 9, 2024.

12. Delta Air Lines Inc. ( NYSE: DAL )

Market Capitalization: $27.17 Billion

Delta Air Lines Inc. (NYSE:DAL) is one of America’s major airlines. It is also one of the world’s largest airlines by number of passengers carried. As one of the top travel companies in the world, Delta Air Lines Inc. (NYSE:DAL) has a market capitalization of $27.17 billion as of March 9, 2024.

11. Amadeus IT Group S.A. (BME:AMS)

Market Capitalization: $27.31 Billion

Amadeus IT Group S.A. (BME:AMS) is a Spanish multinational technology company that develops technology and software for airlines, travel agencies, hotels, payment providers, and other travel-related businesses to enhance their operations and customer experiences. With a presence in more than 190 countries, the company provides software solutions for the global travel and tourism industry. As of March 9, 2024, Amadeus IT Group S.A. (BME:AMS) has a market capitalization of $27.31 billion.

10. Trip.com Group Limited ( NASDAQ: TCOM )

Market Capitalization: $28.27 Billion

Trip.com Group Limited (NASDAQ:TCOM) is a multinational travel service company that ranks among the top 10 on our list of the largest travel companies in the world. It owns and operates several travel agencies and travel fare aggregators including Ctrip, Qunar, Trip.com and Skyscanner. As of March 9, 2024, Trip.com Group Limited (NASDAQ:TCOM) has a market capitalization of $28.27 billion.

9. Ryanair Holdings plc ( NASDAQ: RYAAY )

Market Capitalization: $32.3 Billion

Ryanair Holdings plc (NASDAQ:RYAAY) is an Irish airline company. As one of Europe's largest airline groups, it is the parent company of Ryanair, Ryanair UK, Buzz, Lauda, and Malta Air. With a market capitalization of $32.3 billion as of March 9, 2024, Ryanair Holdings plc (NASDAQ:RYAAY) ranks 9th on our list of the 20 largest travel companies in the world.

8. Emirates Group

Revenue: $32.6 Billion

Emirates Group is Dubai’s state-owned international aviation holding company. It owns Dubai National Air Travel Agency (dnata), an airport and ground services company, and Emirates Airline, one of the largest airlines in the Middle East. Emirates Group generated an annual revenue of $32.6 billion in the year 2022-2023.

7. Royal Caribbean Cruises Ltd. ( NYSE: RCL )

Market Capitalization: $32.71 Billion

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a global cruise holding company that owns and operates cruise brands including Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. As one of the world’s largest cruise line operators, Royal Caribbean Cruises Ltd. (NYSE:RCL) has a global fleet of 65 ships traveling to around 1,000 destinations around the world. The company has a market capitalization of $32.71 billion as of March 9, 2024.

6. Las Vegas Sands Corp. ( NYSE: LVS )

Market Capitalization: $38.81 Billion

Las Vegas Sands Corp. (NYSE:LVS) is an American casino and resort company that owns and operates integrated resorts in Macao and Singapore. As a driver of valuable leisure and business tourism, it is one of the world’s largest hotel and casino companies. With a market capitalization of $38.81 billion as of March 9, 2024, Las Vegas Sands Corp. (NYSE:LVS) ranks 6th on our list of the 20 largest travel companies in the world.

Click to continue reading and see 5 Largest Travel Companies In The World .

18 Companies & Startups Revitalizing Travel in 2024

1. TravelPerk

5-year search growth : 130%

Search growth status : Exploding

Year founded : 2015

Location : Barcelona, Spain

Funding : $664.1M (Debt Financing)

What they do : TravelPerk is a travel management platform designed to simplify business travel. It offers a centralized platform for booking, managing, and analyzing business travel, with features such as real-time booking, expense management, and travel policy enforcement. The company aims to reduce the time and cost associated with business travel while providing a seamless and enjoyable experience for travelers.

In 2023, revenue grew 70% and gross profit 90% year over year as annual booking volumes reached $2 billion. The company also raised an additional $104 million in January 2024 at a valuation of $1.4 billion.

2. SafetyWing

5-year search growth : 372%

Year founded : 2017

Location : Palo Alto, California

Funding : $47.1M (Series B)

What they do : SafetyWing is an insurtech company that focuses on digital nomads. Their flagship, "Nomad Insurance," is accepted across several different countries (ideal for travel). SafetyWing also offers a B2B "Remote Health" product that provides coverage for remote teams. In 2023, SafetyWing grew revenue to $20.3 million and served over 25,000 customers .

5-year search growth : 99x+

Year founded : 2019

Location : Singapore, Singapore

Funding : $67.3M (Series B)

What they do : Airalo is an alternative to using multiple SIM cards while traveling. Specifically, the company offers over 190 affordable "eSIMs" that can be switched over with a few clicks. eSIMs aren't supported by all smartphones, but they are becoming an increasingly common feature in newer models. The SIM company recently raised $60 million in its most recent series B funding round.

4. Roadsurfer

5-year search growth : 1,329%

Location : Munich, Germany

Funding : $33.9M (Series Unknown)

What they do: Roadsurfer rents customized camper vans in 13 European countries and, most recently, the United States. In addition to the core rental service, the startup offers a number of optional add-ons for each trip, like kitchen cutlery. Each plan also includes an insurance policy. Today, the company has 70 stations across Europe and North America .

5. YouLi (YouLive to Travel)

5-year search growth : 100%

Search growth status : Peaked

Year founded : 2016

Location : Melbourne, Australia

Funding : $200K (Angel)

What they do : YouLi is an all-in-one travel management software for organizing group trips and company retreats. The software includes a number templates for different types of travel itineraries. The software also has a member's area that travelers can use to manage and pay for their trips.

6. PickYourTrail

5-year search growth : 111%

Year founded : 2014

Location : Chennai, India

Funding : $3M (Series Unknown)

What they do : PickYourTrail is a platform for booking entire trips online (including flight, road transportation, and lodging). The startup reports that 46,000 people have used the service to date.

5-year search growth : 143%

Location : New York, NY

Funding : Undisclosed

What they do : Tracki is a travel tech startup that provides real-time GPS tracking solutions for individuals, families, and businesses. Their products range from portable GPS trackers to asset trackers and pet trackers, which can be easily monitored through their mobile app or web platform. The app has more than 500,000 downloads on the Google Play Store.

5-year search growth : 9,445%

Location : Rishon Letsiyon, Israel

Funding : $19.3M (Corporate Round)

What they do : Holisto is a digital travel agency that makes online hotel bookings more affordable and personalized for travelers. The company primarily leverages AI and machine learning to scan and aggregate hotel rates into one platform. In July 2024, the startup raised $10 million from Trivago .

5-year search growth : 2,400%

Year founded : 2018

Location : Madrid, Spain

Funding : $200.6K (Seed)

What they do : Holafly is an eSIM startup that offers international data plans for travelers. The company partners with local providers in different countries and offers unlimited data plans for a fixed time period. Currently, the startup operates in 160+ countries with 1 million customers worldwide.

5-year search growth : -14%

Search growth status : Regular

Location : New York, New York

Funding : $181M (Series D)

What they do : Away is a DTC travel brand. Often called the “Warby Parker for suitcases,” the company keeps overhead costs low by selling direct-to-consumer. Away's product line includes travel luggage, sleep masks, travel pillows and blankets, and compression socks.

5-year search growth : 326%

Location : Denver, Colorado

What they do : GOTRAX is an electric scooter company that provides affordable and eco-friendly transportation solutions for urban dwellers. With a range of electric scooters for adults and kids, GOTRAX offers a convenient and cost-effective way to navigate through busy city streets.

12. Lodgify

5-year search growth : 197%

Year founded : 2012

Funding : $36.6M (Series B)

What they do : Lodgify develops software that helps property owners manage their vacation rental properties. The all-in-one website includes features to manage bookings, accept reservations, and synchronize across different platforms, including Airbnb, Vrbo, and Expedia.

13. Bobobox

5-year search growth : 200%

Location : Badung, Indonesia

Funding : $13M (Non-Equity Assistance)

What they do : Bobobox is a technology-based hospitality startup that provides affordable and accessible capsule hotels for travelers in Indonesia. The company utilizes an app-based platform that allows customers to book and manage their stays, as well as access various hotel amenities and services.

Bobobox aims to revolutionize the hospitality industry in Indonesia by offering affordable and convenient lodging options that cater to the needs of modern travelers. The app has generated more than 1 million downloads on the Google Play Store.

5-year search growth : 2%

Location : Bucharest, Romania

Funding : $1.8M (Seed)

What they do : Questo is a mobile app for iPhone and Android that gamifies city exploration. Users embark on "quests" to discover interesting spots and learn about local lore. Each quest is designed by a local "creator." The app currently offers quests in over 500 cities to more than 400,000 players.

15. Bespoke

5-year search growth : 31%

Location : Tokyo, Japan

Funding : $2.5M (Series B)

What they do : Bespoke has developed an AI-powered chatbot designed for multilingual guest services. Their software provides hotel guests with answers to hotel-specific questions, local recommendations, and restaurant reservations. Bespoke was used by the Japanese government during COVID-19 to communicate critical health and safety updates to residents and travelers.

16. Tailos (Formerly Maidbot)

5-year search growth : 131%

Location : Austin, Texas

Funding : $50K (Series B)

What they do : Tailos , formerly Maidbot, manufacturers a housekeeping robot (named Rosie) designed to clean hotels and commercial buildings. Rosie takes on "dull, dirty, and dangerous tasks", in order to reduce injuries to staff while increasing productivity and consistency.

17. TasteAtlas

5-year search growth : 833%

Location : Zagreb, Croatia

What they do : TasteAtlas is a food and travel startup that provides a comprehensive guide to traditional dishes, drinks, and ingredients from all over the world. The platform offers a database of authentic food recommendations and local restaurants to help travelers discover new cuisines and experiences. Additionally, TasteAtlas allows users to create their own food maps and share their culinary discoveries with others.

18. Roame Travel

5-year search growth : 7,200%

Search growth status : Exploding

Year founded : 2023

Location : San Francisco, California

Funding : $500K (Pre-Seed)

What they do : Roame is a free award travel search engine that finds available flights that qualify for credit card points and miles redemption. Currently, Roame provides search results for 16 airline loyalty programs and 200 airlines . Users can upgrade to a premium membership to access the SkyView feature, a search function that finds flights within a 90-day search window.

That wraps up our list of travel startups growing despite the hardships of the pandemic.

The trend away from traditional hotels and towards short-term rental properties, RVs, and campsites accelerated this year as more people work remotely and seek a change of scenery.

There is also a notable shift towards AI and automation, as hotels seek to cut costs and increase efficiency.

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

The Current State of the Travel Industry

As economic prosperity rises all over the world, the top 10 travel companies in the world are contributing to stellar growth and driving critical innovation by leveraging technology in a modern travel industry.

How big is the travel industry? As the economy for travel and tourism becomes more lucrative for a global audience, the travel industry grows as well. The global travel industry has grown from USD 6.03 trillion in 2006 to USD 8.27 trillion by 2017, growing at a CAGR of 2.9% — making the travel and tourism industry one of the world’s largest industries in the world in terms of global economic contribution (direct, indirect and induced).

Discover who are the top 10 travel companies in the world by sales in 2020?
A complete ranking and breakdown of 20 of the top travel companies in the global travel industry right now.
Travel and tourism industry trends and stats you should know.

BizVibe is already helping the top travel companies in the world connect. Connect and track the latest news and insights from these companies.

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Travel Industry Trends and Stats

Convenient booking remains the biggest trend in the global travel industry.
Solo Travel: Leisure travel is no longer just a family affair.
The travel and tourism industry generated 10.4 percent of all global economic activity last year.
The travel industry is the second-fastest-growing sector in the world, ahead of healthcare (+3.1%), information technology (+1.7%) and financial services (+1.7%), and behind only manufacturing.
Last year, travel and tourism increased its share of leisure spending to 78.5 percent.
Three in five travel companies say they offer customer service via chat.

Top 10 Travel Companies in the World by Sales in 2020

Who are the top 10 travel companies in the world by sales as of 2020? The following is a list of largest adventure travel companies and top travel agencies ranked by sales generated in USD billion.

1. Expedia Group

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

Classic Vacations
Expedia CruiseShipCenters
Expedia Local Expert
Expedia Partner Solutions
Hotwire Group
Travelocity

2. Booking Holdings

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.

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

Cheapflights

3. American Express Global Business Travel

American Express Global Business Travel (GBT) is 3 rd 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

4. BCD Travel

BCD Travel ranks 4 th 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

5. CWT

Formerly known as Carlson Wagonlit Travel, CWT ranks 5 th 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

6. Flight Centre Travel Group

6 th 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

7. Travel Leaders Group

Ranking 7 th 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.

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

8. American Express Travel

American Express Travel is a full-service global travel and lifestyle network and 8 th 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

9. Direct Travel

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 9 th 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

10. Corporate Travel Management

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.

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.

Top Travel Companies by Sales in 2020

The following is BizVibe’s complete ranking of the top travel companies in the world by sales figures in 2020. This list of travel companies are paving the way for success in the travel industry, connect with them on the BizVibe platform to track the latest news and insights from these companies.

The Future of the Global Travel Industry

What’s the future of the global travel industry? As economic prosperity rises throughout the world, the travel industry will be flooded by people from all over the world, and businesses are going to be at the forefront of this growth pushing their services to meet demand. Expect the top 10 travel companies in the world to continues pushing the industry to new heights. The main thing to keep in mind going forward as more people travel from all over the world is that the future will be about more travelers and easier to reach places

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Travel, Tourism & Hospitality

Global tourism industry - statistics & facts

What are the leading global tourism destinations, digitalization of the global tourism industry, how important is sustainable tourism, key insights.

Detailed statistics

Total contribution of travel and tourism to GDP worldwide 2019-2034

Number of international tourist arrivals worldwide 1950-2023

Global leisure travel spend 2019-2023

Editor’s Picks Current statistics on this topic

Leading global travel markets by travel and tourism contribution to GDP 2019-2023

Travel and tourism employment worldwide 2019-2034

Number of international tourist arrivals worldwide 2005-2023, by region

Further recommended statistics

Basic Statistic Total contribution of travel and tourism to GDP worldwide 2019-2034
Basic Statistic Travel and tourism: share of global GDP 2019-2034
Basic Statistic Leading global travel markets by travel and tourism contribution to GDP 2019-2023
Basic Statistic Global leisure travel spend 2019-2023
Premium Statistic Global business travel spending 2001-2024
Premium Statistic Number of international tourist arrivals worldwide 1950-2023
Basic Statistic Number of international tourist arrivals worldwide 2005-2023, by region
Basic Statistic Travel and tourism employment worldwide 2019-2034

Total contribution of travel and tourism to gross domestic product (GDP) worldwide in 2019 and 2023, with a forecast for 2024 and 2034 (in trillion U.S. dollars)

Travel and tourism: share of global GDP 2019-2034

Share of travel and tourism's total contribution to GDP worldwide in 2019 and 2023, with a forecast for 2024 and 2034

Total contribution of travel and tourism to GDP in leading travel markets worldwide in 2019 and 2023 (in billion U.S. dollars)

Leisure tourism spending worldwide from 2019 to 2023 (in billion U.S. dollars)

Global business travel spending 2001-2024

Expenditure of business tourists worldwide from 2001 to 2024 (in billion U.S. dollars)

Number of international tourist arrivals worldwide from 1950 to 2023 (in millions)

Number of international tourist arrivals worldwide from 2005 to 2023, by region (in millions)

Number of travel and tourism jobs worldwide from 2019 to 2023, with a forecast for 2024 and 2034 (in millions)

Premium Statistic Global hotel and resort industry market size worldwide 2022-2023
Premium Statistic Most valuable hotel brands worldwide 2023, by brand value
Basic Statistic Leading hotel companies worldwide 2023, by number of properties
Premium Statistic Number of hotels in the construction pipeline worldwide 2024
Premium Statistic Number of hotel rooms in the construction pipeline worldwide 2024
Premium Statistic Countries with the most hotel construction projects in the pipeline worldwide 2024

Global hotel and resort industry market size worldwide 2022-2023

Market size of the hotel and resort industry worldwide in 2022 and 2023 (in trillion U.S. dollars)

Most valuable hotel brands worldwide 2023, by brand value

Leading hotel brands based on brand value worldwide in 2023 (in billion U.S. dollars)

Leading hotel companies worldwide 2023, by number of properties

Leading hotel companies worldwide as of June 2023, by number of properties

Number of hotels in the construction pipeline worldwide 2024

Number of hotels in the construction pipeline worldwide as of the first quarter of 2024

Number of hotel rooms in the construction pipeline worldwide 2024

Number of hotel rooms in the construction pipeline worldwide as of the first quarter of 2024

Countries with the most hotel construction projects in the pipeline worldwide 2024

Countries with the highest number of hotel construction projects in the pipeline worldwide as of the first quarter of 2024

Premium Statistic Airports with the most international air passenger traffic worldwide 2023
Premium Statistic Market value of selected airlines worldwide 2024
Premium Statistic Global passenger rail users forecast 2017-2028
Premium Statistic Daily ridership of bus rapid transit systems worldwide by region 2023
Premium Statistic Number of users of car rentals worldwide 2020-2029
Premium Statistic Number of users in selected countries in the Car Rentals market in 2023
Premium Statistic Carbon footprint of international tourism transport worldwide 2005-2030, by type

Airports with the most international air passenger traffic worldwide 2023

Leading airports for international air passenger traffic in 2023 (in million international passengers)

Market value of selected airlines worldwide 2024

Market value of selected airlines worldwide as of May 2024 (in billion U.S. dollars)

Global passenger rail users forecast 2017-2028

Worldwide number of passenger rail users from 2017 to 2023, with a forecast through 2028 (in billion users)

Daily ridership of bus rapid transit systems worldwide by region 2023

Number of daily passengers using bus rapid transit (BRT) systems as of April 2023, by region

Number of users of car rentals worldwide 2020-2029

Number of users of car rentals worldwide from 2020 to 2029 (in millions)

Number of users in selected countries in the Car Rentals market in 2023

Number of users in selected countries in the Car Rentals market in 2023 (in million)

Carbon footprint of international tourism transport worldwide 2005-2030, by type

Transport-related emissions from international tourist arrivals worldwide in 2005 and 2016, with a forecast for 2030, by mode of transport (in million metric tons of carbon dioxide)

Attractions

Premium Statistic Most visited museums worldwide 2019-2023
Basic Statistic Most visited amusement and theme parks worldwide 2023
Basic Statistic Monuments on the UNESCO world heritage list 2023, by type
Basic Statistic Selected countries with the most Michelin-starred restaurants worldwide 2024

Most visited museums worldwide 2019-2023

Museums with the highest attendance worldwide from 2019 to 2023 (in millions)

Most visited amusement and theme parks worldwide 2023

Leading amusement and theme parks worldwide 2023, by attendance (in millions)

Monuments on the UNESCO world heritage list 2023, by type

Number of monuments on the UNESCO world heritage list as of September 2023, by type

Selected countries with the most Michelin-starred restaurants worldwide 2024

Number of Michelin-starred restaurants in selected countries and territories worldwide as of August 2024

Online travel market

Premium Statistic Online travel market size worldwide 2017-2028
Premium Statistic Estimated desktop vs. mobile revenue of leading OTAs worldwide 2023
Premium Statistic Number of aggregated downloads of leading online travel agency apps worldwide 2023
Basic Statistic Market cap of leading online travel companies worldwide 2023
Premium Statistic Estimated EV/Revenue ratio in the online travel market 2024, by segment
Premium Statistic Estimated EV/EBITDA ratio in the online travel market 2024, by segment

Online travel market size worldwide 2017-2028

Online travel market size worldwide from 2017 to 2023, with a forecast until 2028 (in billion U.S. dollars)

Estimated desktop vs. mobile revenue of leading OTAs worldwide 2023

Estimated desktop vs. mobile revenue of leading online travel agencies (OTAs) worldwide in 2023 (in billion U.S. dollars)

Number of aggregated downloads of leading online travel agency apps worldwide 2023

Number of aggregated downloads of selected leading online travel agency apps worldwide in 2023 (in millions)

Market cap of leading online travel companies worldwide 2023

Market cap of leading online travel companies worldwide as of September 2023 (in million U.S. dollars)

Estimated EV/Revenue ratio in the online travel market 2024, by segment

Estimated enterprise value to revenue (EV/Revenue) ratio in the online travel market worldwide as of April 2024, by segment

Estimated EV/EBITDA ratio in the online travel market 2024, by segment

Estimated enterprise value to EBITDA (EV/EBITDA) ratio in the online travel market worldwide as of April 2024, by segment

Selected trends

Premium Statistic Share of tech investments by travel and mobility corporations worldwide 2018-2024
Premium Statistic Use of mobile devices to plan travel with an AI chatbot worldwide 2023, by country
Premium Statistic Global travelers who believe in the importance of green travel 2024
Premium Statistic Reasons for traveling sustainably worldwide 2024
Premium Statistic Airbnb revenue worldwide 2017-2023
Premium Statistic Airbnb nights and experiences booked worldwide 2017-2023

Share of tech investments by travel and mobility corporations worldwide 2018-2024

Distribution of tech investment deals by travel and mobility corporations worldwide between 2018 and 2024, by area of investment

Use of mobile devices to plan travel with an AI chatbot worldwide 2023, by country

Share of travelers who used a mobile device to plan or research travel with an AI chatbot worldwide as of October 2023, by country

Global travelers who believe in the importance of green travel 2024

Share of travelers that believe sustainable travel is important worldwide in 2024

Reasons for traveling sustainably worldwide 2024

Factors that inspire eco-friendly travel worldwide as of February 2024

Airbnb revenue worldwide 2017-2023

Revenue of Airbnb worldwide from 2017 to 2023 (in billion U.S. dollars)

Airbnb nights and experiences booked worldwide 2017-2023

Nights and experiences booked with Airbnb from 2017 to 2023 (in millions)

Premium Statistic Travel and tourism revenue worldwide 2020-2029, by segment
Premium Statistic Distribution of sales channels in the travel and tourism market worldwide 2019-2029
Premium Statistic Inbound tourism visitor growth worldwide 2020-2025, by region
Premium Statistic Outbound tourism visitor growth worldwide 2020-2025, by region

Travel and tourism revenue worldwide 2020-2029, by segment

Revenue of the travel and tourism market worldwide from 2020 to 2029, by segment (in billion U.S. dollars)

Distribution of sales channels in the travel and tourism market worldwide 2019-2029

Revenue share of sales channels of the travel and tourism market worldwide from 2019 to 2029

Inbound tourism visitor growth worldwide 2020-2025, by region

Inbound tourism visitor growth worldwide from 2020 to 2022, with a forecast until 2025, by region

Outbound tourism visitor growth worldwide 2020-2025, by region

Outbound tourism visitor growth worldwide from 2020 to 2022, with a forecast until 2025, by region

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List of Tourism Companies

Everyone needs to get away every once in a while. But before you embark on your journey, take a look at this list of the top tourism companies in the world, listed by their prominence with corporate logos when available. This list of major tourism companies includes the largest and most profitable tourism businesses, corporations, agencies, vendors and firms in the world. If you are wondering what the biggest tourism companies are, then this list has you covered. This list includes the most famous tourism companies in the industry, so if you're thinking of working in the tourism industry you might want to look to these companies for jobs. This list includes names of both small and big reputable tourism businesses. Looking for a travel companies list or just one tourism company in particular? This list should be a good start.

This list has a variety of companies, like Marriott International and Four Seasons Hotels and Resorts, in it.

Aban Offshore

Adris grupa

AirTran Holdings

Alcatraz Media, Inc.

Aleksandar Palas Hotel

Aqua Net Hiroshima

Artisans of Leisure

Avari Hotels

Balkan Holidays Ltd.

Bruny Island Charters

Crown Resorts

Crowne Plaza Belgrade

Design Hotels

Disney Parks and Resorts

Dolphin Discovery

Dolphin Encounters

Fairmont Hotels & Resorts

First Beach

Four Seasons Hotels and Resorts

Fred Harvey Company

G Adventures

Genting Group

German National Tourist Board

Grupo Tampico

HolidayExtras.com

Homa hotel group.

Hotel Jugoslavija

Hotel Moskva

Hy-Line Cruises

Hyatt Regency Belgrade

Intrepid Travel

Labour India

Las Vegas Sands

Madhvani Group

Mandarin Oriental Hotel Group

Marriott International

Meliá Hotels International

Omni Hotels & Resorts

PeopleSupport

Phoenix Reisen

Premier Holidays

Premier Holidays (Canaries) Ltd.

Radisson Hotels

Ringo Expeditions

Ritz-Carlton

Riverboat Discovery

Royal Caribbean International

Serena Hotels

Shanghai Oriental Pearl

Shangri-La Hotels and Resorts

Sheraton Hotels and Resorts

Southwest Airlines

Starwood Hotels and Resorts Worldwide

Thomas Cook Group

TripAdvisor

Tune Hotels

Viking Cruises

Viva Hotels and Resorts

Wilderness Journeys

Wilderness Scotland

Wynn Resorts

Lists for those with wanderlust.

Places to visit in Krasnodar Krai

Things to do

About Krasnodar

Krasnodar is a town and the place of business of Krasnodar Krai, Russia. The metropolis originated in 1793 as a army camp, then as a castle built via the Cossacks to guard imperial borders and to assert Russian dominion over Circassia, a which Ottoman Turkey contested. In the primary half of the nineteenth century, Yekaterinodar grew into a hectic center of the Kuban Cossacks, gaining reputable metropolis fame in 1867. By 1888 about 45,000 people lived within the city, which had emerge as a critical change middle for southern Russia.

In 1897 an obelisk commemorating the 200 history of the Kuban Cossacks became erected in Yekaterinodar. During the Russian Civil War the city modified fingers several instances, coming successively under the manipulate of the Red Army and of the Volunteer Army. Many Kuban Cossacks, as dedicated anti-Bolsheviks, supported the White Movement. Lavr Kornilov, a White popular, captured the metropolis on April 10, 1918, only to be killed every week later while a Bolshevik artillery shell blew up the farmhouse where he had installation his headquarters.

During World War II gadgets of the German Army occupied Krasnodar among August 12, 1942, and February 12, 1943. The town sustained heavy damage within the fighting however become rebuilt and renovated after the war. German forces, inclusive of Gestapo and "mobile SS execution squads", killed heaps of Jews, Communists, and "intended Communist 'partisans.'" Shooting, putting, burning, and even fuel vehicles have been used.

Things to do in Krasnodar

Tiso-Samshitovaya Roshcha

Vorontsovka Caves

Orlinyye Skaly

the Black Sea

Dagomys Tea Plantation

Marine Station

Loo Byzantine Church

Dolphinarium Riviera

Mount Fisht

Museum of the History of the resort city of Sochi

Mount Akhun

Rosa Khutor Alpine Resort

Friendship Tree

Stalins Dacha

Olimpiyskiy Park

Sochi Art Museum

Park Arboretum in Sochi

Saint Michaels Cathedral

Russian Formula 1 Grand Prix

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Country Life: Off the beaten track, tourism sustains two generations of sheep farmers

Tim talks to a boat load of people on the Hurunui River Photo: Supplied

Follow Country Life on Apple Podcasts , Spotify , iHeart or wherever you get your podcasts.

Dome glamping, farm tours and jetting up the Hurunui River supplements income and highlights cultural heritage at a traditional sheep farm in North Canterbury's Blythe Valley.

"I'm Ngāi Tahu on my mum's side. So we try and incorporate a little bit of that into the farm tours and jet boating, mainly through storytelling," Tim Loughnan said.

Tim and his young family live on the 320-hectare dryland farm, Tawanui, with his parents Mike and Elspeth. Tawanui means "a big tree". he told Country Life.

"I'm not sure who came up with it, it was before my time, but we've based our branding on it!"

The farming and tourism operations sit under the umbrella of one company managed by the father and son team.

Elspeth, Tim & Mike Loughnan Photo: Supplied

"This is my wife's family farm and we've been farming it for the last 30 years," Mike said.

He was born and bred on a sheep and beef farm at nearby Scargill.

Elspeth's great great grandfather was one of the early settlers in the district.

When the Cheviot Hills Estate was broken up in the 1890s he got a ballot farm on the south side of the Hurunui River.

"It's only a one-person farm really, so we need to generate some income from somewhere else and, as we know, farm income is a bit up and down."

A tourist with sheep and alpaca a on farm tour Photo: Supplied

Lambs and cattle are fattened on the farm but Mike said they've destocked because there's not enough feed.

"2500 stock units are here normally but we're 900 stock units down now."

The dry season and depressingly low lamb prices have dented Mike's passion for farming, but diversifying into tourism has put a hop back in his stride.

"It's been challenging, but I must say that the tourism has given me another interest, and having Tim home has helped, so we're in it together."

Mike enjoys doing the farm tours. It's a good way to share his knowledge.

"Farmers can tend to get a wee bit insular in what they do and it's good to meet new people".

When Tim was a child Mike would take him way up the Hurunui River in the jet boat Photo: Supplied

"We started commercial jet boating because we used to spend lots of time in the summer on the river, boating and barbecuing," Mike said.

"And Tim came home and got the bit between his teeth and decided that we needed to do something about it!"

Tim launched Energy Jet. He took the first load of thrill-seekers up the river in 2017 and it's still the only jet boating operator on the Hurunui River.

Jetting up the Hurunui River Photo: Supplied

Two years ago he upgraded to a bigger and more powerful 12-seater jet boat.

"So above State Highway 1 is the gorge where there's some amazing scenery. And then the lower section is a bit more spread out and the boating's quite exciting over the braids."

He also does contract work for the Department of Conservation, ferrying staff along the Hurunui and the Waiau Rivers to do bird counting and nassella grubbing.

The glamping domes on Tawanui Farm Photo: Supplied

The view from inside one of the domes Photo: Supplied

At one of the highest and most isolated points on the farm are two four-person geodesic glamping domes.

"It's all off-grid and there's a hot tub and composting toilets," Tim said.

Sometimes flocks of sheep graze around the fenced-off site that has a birds-eye view of the Hurunui River as it meets the ocean.

"It's probably the best view on the farm. We were lucky we already had good track access up here and water."

Mike installs the hot tub Photo: Supplied

Mike and Tim with some visitors from Thailand at the glamping site on Tawanui Farm Photo: Cosmo Kentish-Barnes

Tim said the rustic accommodation attracts people from all walks of life.

"Some people don't really want to talk to you so you just show them around and bugger off. But some will talk to you for ages and offer you a beer and what-not."

A few paddocks away from the domes is a new seven metre tall A-frame building. The luxurious getaway for two is the Loughnan's latest project.

"We wanted something a bit more high-end, so we've got two ends of the spectrum covered now with the two sites, but it's been an undertaking!"

Tim stands in front of the nearly completed A-frame accommodation Photo: Cosmo Kentish-Barnes

Photo: Supplied

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Reimagining the $9 trillion tourism economy—what will it take?

Tourism made up 10 percent of global GDP in 2019 and was worth almost $9 trillion, 1 See “Economic impact reports,” World Travel & Tourism Council (WTTC), wttc.org. making the sector nearly three times larger than agriculture. However, the tourism value chain of suppliers and intermediaries has always been fragmented, with limited coordination among the small and medium-size enterprises (SMEs) that make up a large portion of the sector. Governments have generally played a limited role in the industry, with partial oversight and light-touch management.

COVID-19 has caused an unprecedented crisis for the tourism industry. International tourist arrivals are projected to plunge by 60 to 80 percent in 2020, and tourism spending is not likely to return to precrisis levels until 2024. This puts as many as 120 million jobs at risk. 2 “International tourist numbers could fall 60-80% in 2020, UNWTO reports,” World Tourism Organization, May 7, 2020, unwto.org.

Reopening tourism-related businesses and managing their recovery in a way that is safe, attractive for tourists, and economically viable will require coordination at a level not seen before. The public sector may be best placed to oversee this process in the context of the fragmented SME ecosystem, large state-owned enterprises controlling entry points, and the increasing impact of health-related agencies. As borders start reopening and interest in leisure rebounds in some regions , governments could take the opportunity to rethink their role within tourism, thereby potentially both assisting in the sector’s recovery and strengthening it in the long term.

In this article, we suggest four ways in which governments can reimagine their role in the tourism sector in the context of COVID-19.

1. Streamlining public–private interfaces through a tourism nerve center

Before COVID-19, most tourism ministries and authorities focused on destination marketing, industry promotions, and research. Many are now dealing with a raft of new regulations, stimulus programs, and protocols. They are also dealing with uncertainty around demand forecasting, and the decisions they make around which assets—such as airports—to reopen will have a major impact on the safety of tourists and sector employees.

Coordination between the public and private sectors in tourism was already complex prior to COVID-19. In the United Kingdom, for example, tourism falls within the remit of two departments—the Department for Business, Energy, and Industrial Strategy (BEIS) and the Department for Digital, Culture, Media & Sport (DCMS)—which interact with other government agencies and the private sector at several points. Complex coordination structures often make clarity and consistency difficult. These issues are exacerbated by the degree of coordination that will be required by the tourism sector in the aftermath of the crisis, both across government agencies (for example, between the ministries responsible for transport, tourism, and health), and between the government and private-sector players (such as for implementing protocols, syncing financial aid, and reopening assets).

Concentrating crucial leadership into a central nerve center is a crisis management response many organizations have deployed in similar situations. Tourism nerve centers, which bring together public, private, and semi-private players into project teams to address five themes, could provide an active collaboration framework that is particularly suited to the diverse stakeholders within the tourism sector (Exhibit 1).

We analyzed stimulus packages across 24 economies, 3 Australia, Bahrain, Belgium, Canada, Egypt, Finland, France, Germany, Hong Kong, Indonesia, Israel, Italy, Kenya, Malaysia, New Zealand, Peru, Philippines, Singapore, South Africa, South Korea, Spain, Switzerland, Thailand, and the United Kingdom. which totaled nearly $100 billion in funds dedicated directly to the tourism sector, and close to $300 billion including cross-sector packages with a heavy tourism footprint. This stimulus was generally provided by multiple entities and government departments, and few countries had a single integrated view on beneficiaries and losers. We conducted surveys on how effective the public-sector response has been and found that two-thirds of tourism players were either unaware of the measures taken by government or felt they did not have sufficient impact. Given uncertainty about the timing and speed of the tourism recovery, obtaining quick feedback and redeploying funds will be critical to ensuring that stimulus packages have maximum impact.

2. Experimenting with new financing mechanisms

Most of the $100 billion stimulus that we analyzed was structured as grants, debt relief, and aid to SMEs and airlines. New Zealand has offered an NZ $15,000 (US $10,000) grant per SME to cover wages, for example, while Singapore has instituted an 8 percent cash grant on the gross monthly wages of local employees. Japan has waived the debt of small companies where income dropped more than 20 percent. In Germany, companies can use state-sponsored work-sharing schemes for up to six months, and the government provides an income replacement rate of 60 percent.

Our forecasts indicate that it will take four to seven years for tourism demand to return to 2019 levels, which means that overcapacity will be the new normal in the medium term. This prolonged period of low demand means that the way tourism is financed needs to change. The aforementioned types of policies are expensive and will be difficult for governments to sustain over multiple years. They also might not go far enough. A recent Organisation for Economic Co-operation and Development (OECD) survey of SMEs in the tourism sector suggested more than half would not survive the next few months, and the failure of businesses on anything like this scale would put the recovery far behind even the most conservative forecasts. 4 See Tourism policy responses to the coronavirus (COVID-19), OECD, June 2020, oecd.org. Governments and the private sector should be investigating new, innovative financing measures.

Revenue-pooling structures for hotels

One option would be the creation of revenue-pooling structures, which could help asset owners and operators, especially SMEs, to manage variable costs and losses moving forward. Hotels competing for the same segment in the same district, such as a beach strip, could have an incentive to pool revenues and losses while operating at reduced capacity. Instead of having all hotels operating at 20 to 40 percent occupancy, a subset of hotels could operate at a higher occupancy rate and share the revenue with the remainder. This would allow hotels to optimize variable costs and reduce the need for government stimulus. Non-operating hotels could channel stimulus funds into refurbishments or other investment, which would boost the destination’s attractiveness. Governments will need to be the intermediary between businesses through auditing or escrow accounts in this model.

Joint equity funds for small and medium-size enterprises

Government-backed equity funds could also be used to deploy private capital to help ensure that tourism-related SMEs survive the crisis (Exhibit 2). This principle underpins the European Commission’s temporary framework for recapitalization of state-aided enterprises, which provided an estimated €1.9 trillion in aid to the EU economy between March and May 2020. 5 See “State aid: Commission expands temporary framework to recapitalisation and subordinated debt measures to further support the economy in the context of the coronavirus outbreak,” European Commission, May 8, 2020, ec.europa.eu. Applying such a mechanism to SMEs would require creating an appropriate equity-holding structure, or securitizing equity stakes in multiple SMEs at once, reducing the overall risk profile for the investor. In addition, developing a standardized valuation methodology would avoid lengthy due diligence processes on each asset. Governments that do not have the resources to co-invest could limit their role to setting up those structures and opening them to potential private investors.

3. Ensuring transparent, consistent communication on protocols

The return of tourism demand requires that travelers and tourism-sector employees feel—and are—safe. Although international organizations such as the International Air Transport Association (IATA), and the World Travel & Tourism Council (WTTC) have developed a set of guidelines to serve as a baseline, local regulators are layering additional measures on top. This leads to low levels of harmonization regarding regulations imposed by local governments.

Our surveys of traveler confidence in the United States suggests anxiety remains high, and authorities and destination managers must work to ensure travelers know about, and feel reassured by, protocols put in place for their protection. Our latest survey of traveler sentiment in China suggests a significant gap between how confident travelers would like to feel and how confident they actually feel; actual confidence in safety is much lower than the expected level asked a month before.

One reason for this low level of confidence is confusion over the safety measures that are currently in place. Communication is therefore key to bolstering demand. Experience in Europe indicates that prompt, transparent, consistent communications from public agencies have had a similar impact on traveler demand as CEO announcements have on stock prices. Clear, credible announcements regarding the removal of travel restrictions have already led to increased air-travel searches and bookings. In the week that governments announced the removal of travel bans to a number of European summer destinations, for example, outbound air travel web search volumes recently exceeded precrisis levels by more than 20 percent in some countries.

The case of Greece helps illustrate the importance of clear and consistent communication. Greece was one of the first EU countries to announce the date of, and conditions and protocols for, border reopening. Since that announcement, Greece’s disease incidence has remained steady and there have been no changes to the announced protocols. The result: our joint research with trivago shows that Greece is now among the top five summer destinations for German travelers for the first time. In July and August, Greece will reach inbound airline ticketing levels that are approximately 50 percent of that achieved in the same period last year. This exceeds the rate in most other European summer destinations, including Croatia (35 percent), Portugal (around 30 percent), and Spain (around 40 percent). 6 Based on IATA Air Travel Pulse by McKinsey. In contrast, some destinations that have had inconsistent communications around the time frame of reopening have shown net cancellations of flights for June and July. Even for the high seasons toward the end of the year, inbound air travel ticketing barely reaches 30 percent of 2019 volumes.

Digital solutions can be an effective tool to bridge communication and to create consistency on protocols between governments and the private sector. In China, the health QR code system, which reflects past travel history and contact with infected people, is being widely used during the reopening stage. Travelers have to show their green, government-issued QR code before entering airports, hotels, and attractions. The code is also required for preflight check-in and, at certain destination airports, after landing.

4. Enabling a digital and analytics transformation within the tourism sector

Data sources and forecasts have shifted, and proliferated, in the crisis. Last year’s demand prediction models are no longer relevant, leaving many destinations struggling to understand how demand will evolve, and therefore how to manage supply. Uncertainty over the speed and shape of the recovery means that segmentation and marketing budgets, historically reassessed every few years, now need to be updated every few months. The tourism sector needs to undergo an analytics transformation to enable the coordination of marketing budgets, sector promotions, and calendars of events, and to ensure that products are marketed to the right population segment at the right time.

Governments have an opportunity to reimagine their roles in providing data infrastructure and capabilities to the tourism sector, and to investigate new and innovative operating models. This was already underway in some destinations before COVID-19. Singapore, for example, made heavy investments in its data and analytics stack over the past decade through the Singapore Tourism Analytics Network (STAN), which provided tourism players with visitor arrival statistics, passenger profiling, spending data, revenue data, and extensive customer-experience surveys. During the COVID-19 pandemic, real-time data on leading travel indicators and “nowcasts” (forecasts for the coming weeks and months) could be invaluable to inform the decisions of both public-sector and private-sector entities.

This analytics transformation will also help to address the digital gap that was evident in tourism even before the crisis. Digital services are vital for travelers: in 2019, more than 40 percent of US travelers used mobile devices to book their trips. 7 Global Digital Traveler Research 2019, Travelport, marketing.cloud.travelport.com; “Mobile travel trends 2019 in the words of industry experts,” blog entry by David MacHale, December 11, 2018, blog.digital.travelport.com. In Europe and the United States, as many as 60 percent of travel bookings are digital, and online travel agents can have a market share as high as 50 percent, particularly for smaller independent hotels. 8 Sean O’Neill, “Coronavirus upheaval prompts independent hotels to look at management company startups,” Skift, May 11, 2020, skift.com. COVID-19 is likely to accelerate the shift to digital as travelers look for flexibility and booking lead times shorten: more than 90 percent of recent trips in China were booked within seven days of the trip itself. Many tourism businesses have struggled to keep pace with changing consumer preferences around digital. In particular, many tourism SMEs have not been fully able to integrate new digital capabilities in the way that larger businesses have, with barriers including language issues, and low levels of digital fluency. The commission rates on existing platforms, which range from 10 percent for larger hotel brands to 25 percent for independent hotels, also make it difficult for SMEs to compete in the digital space.

Governments are well-positioned to overcome the digital gap within the sector and to level the playing field for SMEs. The Tourism Exchange Australia (TXA) platform, which was created by the Australian government, is an example of enabling at scale. It acts as a matchmaker, connecting suppliers with distributors and intermediaries to create packages attractive to a specific segment of tourists, then uses tourist engagement to provide further analytical insights to travel intermediaries (Exhibit 3). This mechanism allows online travel agents to diversify their offerings by providing more experiences away from the beaten track, which both adds to Australia’s destination attractiveness, and gives small suppliers better access to customers.

Government-supported platforms or data lakes could allow the rapid creation of packages that include SME product and service offerings.

Governments that seize the opportunity to reimagine tourism operations and oversight will be well positioned to steer their national tourism industries safely into—and set them up to thrive within—the next normal.

Download the article in Arabic (513KB)

Margaux Constantin is an associate partner in McKinsey’s Dubai office, Steve Saxon is a partner in the Shanghai office, and Jackey Yu is an associate partner in the Hong Kong office.

The authors wish to thank Hugo Espirito Santo, Urs Binggeli, Jonathan Steinbach, Yassir Zouaoui, Rebecca Stone, and Ninan Chacko for their contributions to this article.

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NEWS... BUT NOT AS YOU KNOW IT

Travel news: Traffic delays on A1 and more after motorcyclist dies in M25 crash

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J0BPN9 Hertfordshire England The Galleria on top of the Hatfield Tunnel on the A1(M)

There are severe traffic delays on the A1M due to an electrical issue affecting Hatfield Tunnel.

The A1M is closed northbound between junction 3 and 4 and southbound between junction 4 and 2 due to an electrical issue affecting Hatfield Tunnel.

In London , there are more travel disruptions today as the Underground will be hit by planned closures this weekend as engineering work is carried out.

The District line will be partly closed between Turnham Green to Richmond, while the Metropolitan Line will be close completely.

The Piccadilly line will also see closures from South Harrow to Uxbridge, and the DLR will be partly shut at Bank and Tower Gateway to Poplar and West India Quay.

It follows a crash on the M25 near junction 6 for Clacket Lane services yesterday, where a motorcyclist died. A lorry thought to have been involved drove away from the scene, and police want to speak to the driver.

ATHERSTONE STATION FLOODING

London Northwestern Railway have reported flooding in a subway tunnel at Atherstone station between platforms 1 and 2.

The road and footpath under the railway at Atherstone is blocked.

A minibus shuttle will operate between each side of the station.

A5 MOTORCYCLE COLLISION

The A5 is Buckinghamshire is closed in both directions between the A421 Redmoor Roundabout and the A509 Portway Roundabout in Milton Keynes due to a serious collision involving a motorcycle.

Thames Valley Police are on scene, and the road is expected to be closed through the morning for collision investigation works.

The A1M is closed northbound between J3 & J4 and southbound between J4 & J2 this morning.

Traffic is being diverted, and engineers are currently on the scene.

For Southbound diversions:

Exit the A1M J4 and at the roundabout, take the 3rd exit towards Hatfield A1001.
At the next roundabout take the 3rd exit towards St Albans A1001.
At the ‘Galleria’ roundabout take the 2nd exit towards Conley Heath A1001.
At the ‘Roehyde’ roundabout take the 2nd exit heading towards London A1M
At the next roundabout take the second exit to join the A1M J2.

For Northbound diversions:

Exit the A1M junction 3 and at roundabout, take the 2nd exit on the ‘Roehyde’ roundabout towards Hatfield.
At the ‘Galleria’ roundabout take the 2nd exit.
At the next roundabout take the 3rd exit following directions for ‘Hartford A1001 (A414)’.
At the next ‘Clock’ roundabout take the 2nd exit to join the A1M J4.

UNDERGROUND LINE CLOSURES

There are planned closures across the board this weekend, with thousands of journeys expected to be affected.

The District, DLR, Overground, Metropolitan, Piccadilly and Waterloo and City lines are all facing planned or part closures.

The rest of the line – and the rest of the Tube network – currently has good service.

MORE : This major European airline will stop serving free food and drink

MORE : Closures to disrupt London Underground and Overground all weekend

MORE : M25 closed after serious crash causing severe delays of two-and-a-half hours

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