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WORLD HARBOUR TRAVEL COMPANY LIMITED

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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 .

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Disclosure: None. 20 Largest Travel Companies In The World is published on Insider Monkey.

World Harbour Travel Company Limited

World Harbour Travel Company Limited (CR No: 3036864) was incorporated on 09-APR-2021 in Hong Kong. Their business is recorded as Private company limited by shares . The Company's current operating status is Live

Company Info

Business name:, business name(chinese):, registration date:, business status:, business type:, winding up mode:, date of dissolution / ceasing to exist:, register of charges:, important note:, name history, 09-apr-2021.

This is not the official website of this company. Don't seek support service here please.

Registered On 09-APR-2021

Similar names.

World Harbour Travel Company Limited

Last Update: 31-03-2024

📓 Basic Info 基本資料

World Harbour Travel Company Limited is a business entity registered in the Hong Kong Special Administrative Region of the People's Republic of China. Incorporated on 09-04-2021, it is a Private company limited by shares and its company registration number is 3036864.

Since 27-12-2023, The Government of the Hong Kong SAR has been using Business Registration Number (BRN) as unique identifier for business entities in Hong Kong. The 8-digit business registration number for World Harbour Travel Company Limited is 72871873.

The registration address of World Harbour Travel Company Limited is ROOM A28, 4TH FLOOR CENTURY CENTRE 44-46 HUNG TO ROAD, KWUN TONG KLN, HONG KONG . According to open business data, the registration status of this company is LIVE

環球海港旅遊有限公司是一家於中華人民共和國香港特別行政區註冊的 私人股份有限公司 。 它成立於 09-04-2021，公司註冊號碼是 3036864。

自2023年12月27日起，香港特別行政區政府使用 商業登記號碼（BRN） 作為香港商業實體的唯一識別碼。環球海港旅遊有限公司 的 8 位商業登記號碼是 72871873。

環球海港旅遊有限公司的公司註冊地址為 ROOM A28, 4TH FLOOR CENTURY CENTRE 44-46 HUNG TO ROAD, KWUN TONG KLN, HONG KONG 。根據公開資料，它的註冊狀況是 仍註冊中

👓 Biz Profile 業務概況

Our AI model infers that World Harbour Travel Company Limited has a high probability of participation in the business sector of travel agency, reservation service and related activities.

根據我們的人工智能模型推演，環球海港旅遊有限公司有較高的機率從事 旅行社、預訂服務和相關活動 業務。

🌐 Official Website 官方網址

Representatives from World Harbour Travel Company Limited are welcomed to submit your official website URL. We display human-submitted and verified corporate URLs only.

歡迎環球海港旅遊有限公司代表 提交 貴司的官方網站網址。 我們只會顯示人工提交並經過核實的公司網址。

The above profile is compiled with data available from public domains. This is not an official webpage of the aforesaid company.

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• Courtesy Be polite, respectful, considerate and friendly.
• Understanding Know our customer’s needs, learn their preferences, pay attention to their feelings and value their feedbacks.
• Safety Drive safely. All our vehicles are covered by general third party motor insurance.
• Timeliness Always arrive on time, do not keep our customers waiting.
• Obedience Willing to receive orders and requests from customers and superior all the times.
• Modernization Regularly upgrade our vehicles and fleet facilities to maintain good service quality.
• Efficiency Enhance efficiency and service quality by providing staff trainings with up-to-date professional skills, customer service knowledge and advanced fleet management.
• Responsiveness Provide prompt responses and services to our customers.

Established in 1946, World Travel Service is the wholly owned and independently run division of BCD Travel, the second largest travel management company in the world. Acquired by BCD in 2015, we currently manage best-in-class travel programs for hundreds of US mid-market, multi-national clients. Together we have wholly-owned, partner and joint venture offices in 109 countries. As the SME division of BCD Travel in US, we offer BCD’s award-winning reporting, duty of care, mobile technologies, and global vendor partnerships to organizations like yours.

World Travel Service helps US companies make the most of what they spend on travel. We give travelers remarkably innovative tools that keep them safe and productive and help them make good choices on the road. We partner with travel and procurement leaders to simplify the complexities of business travel, drive savings and satisfaction, and move whole companies toward their corporate goals. We’re very proud that our client retention rate has exceeded 98%+ for the past five years – the highest in a very competitive industry.

In short, we help each of our clients travel smart and achieve more.

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I am very satisfied with their services; the people are very energetic and efficient. I will definitely recommend them to others.

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Great and most reliable visa services. Within 2 days I got my visa. All I had to provide is my passport and pictures. I appreciate y’all at the office there. Everyone was very helpful and super friendly! Thanks again 🙏🙏. 110% recommend!

Thank you for your exceptional service in helping me obtain my Taiwan visa and organizing my tour. The process was seamless and stress-free, and your team was knowledgeable and professional. I was impressed with how quickly my visa was processed and returned to me, and the tour exceeded my expectations. I highly recommend Fly High Travel for anyone planning a trip to Taiwan.

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It was my first experience with Fly High, and Mansi was truly great and friendly throughout the process. Thank you for helping me obtain my visa for Belgium. I really appreciate the hard work. Hope to see you in the future. Much love and best wishes for Fly High.

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I had a fantastic experience booking my latest trip through this travel agency. Their customer service team went above and beyond to assist me with my itinerary. The entire process was seamless, and I highly recommend this agency for anyone looking to travel.

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Unit 524, 5/F, East Ocean Centre, 98 Granville Road Tsim Sha Tsui East, Tsim Sha Tsui

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Our History

The business started over 30 years ago with very humble origins. We created tailor-made air fare products for Missionaries travelling overseas, mainly to Africa. Many of the same NGO & Humanitarian organisations are still clients of ours today. Using the same model we began to supply airfares to the travel industry. Along came the internet and our technology drove huge sales growth.

Strategic acquisitions made in recent years allowed us to expand our brand to include Business Travel where we focus on niche sectors. In 2019 a new chapter in our story began where we merged with e-Travel, a hugely successful online agent and travel technology business. This grew our team numbers to 200 and our annual sales to over €200m. The pandemic put our expansion on hold. Once international travel restarted our sales volumes soared back and we are now ahead of our 2019 records volumes.

Key Milestones

• 1990 World Travel Centre Founded
• 2008 Acquired McNeil Rigby Travel
• 2009 Acquired Thriftway Travel
• 2011 Acquired Selective Travel Management
• 2014 Acquired Flair Travel
• 2016 In-house 24 Hours Service Team Established
• 2016 Awarded Investors in People Accreditation
• 2019 Merged with e-Travel
• 2019 In-house developed Corporate Booking Tool Launched
• 2021 Fareteam Agents Booking Tool launched + NDC content developed and integrated for multiple airlines
• 2022 Ranked in the Top 20 UK TMCs
• 2023 Reached 15,000 NDC bookings + Irish Government Travel Management Contract implemented

WTC is built upon a number of values that are integrated throughout our business strategy, assuring that our customers receive the highest quality service at all times.

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WTC continue to strive to operate in an economically, socially and environmentally sustainable manner. We actively encourage employees to take part in fundraising activities for a number of worthwhile causes. Not only does our contribution help the wider community, but it also strengthens relationships. We are committed to giving something back to our society, focusing primarily on supporting local charities and initiatives.

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43 Pearse St D02 W085 Company Number 168612 CAR #TA388

43 Pearse St Dublin D02 W085 Company Number 551768

Murrays Exchange 1 Linfield Road Belfast BT12 5DR Company Number NI010853 ATOL #4138

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Modern Slavery is a problem that is growing and one that we at WTC are committed to addressing. The rise in globalisation has brought with it a rise in exploitation including people trafficking, forced labour debt bondage and child marriage. The International Labour Organisation estimates that approximately 21 million people are in forced labour globally. At WTC we endeavour to ensure there are no Modern Slavery risks within our own business or our supply chains.

December 2023 Modern Slavery Statement

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accommodation & travel portal

whl.travel is a global online travel-booking network. It is the springboard for independent consumers headed off the beaten path and yearning to book travel through local businesses, no matter how small, and often in the developing world.

whl.travel was first launched in 2002 as a development project of the International Finance Corporation (part of the World Bank Group) with the objective of connecting small operators (accommodations, tours and activities) to the web who would otherwise not have access. Often Internet access is poor (or expensive) and /or the local travel service providers lack the skills to enter the online world. In these cases the local whl.travel portal operators arranges to take photos and collect written content and then creates an online presence. In addition the whl.travel portal operator processes bookings on the travel provider’s behalf and collects payments from travellers to remit to the providers. The company grew quickly in the period from 2002 to 2007 and at one stage operated in over 300 destinations globally with over 5000 accommodations and 2000 tour / activity providers using whl.travel as their only channel to market. As internet penetration has expanded, costs reduced and the skill levels of local travel providers improved, travel service providers have increasingly been able to tap into new channels for sales such as their own websites, and third party OTA channels like Booking.com and Expedia. The WHL group, responding to this shift in the needs of small travel service providers, moved to developing the low-cost tools they needed for the next step in the journey (websites, booking engines and distribution/channel managers) with the launch of Hotel Link Solutions and Connectours.org . WHL also invested in some new niche branded channels to market for local tour operators ( Urban Adventures ) and ground transport services ( Green Path Transfers ).

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WORLD HARBOUR TRAVEL COMPANY LIMITED

• Package Tour (Retail)
• Package Tour (Wholesale/Tour Operator)
• Ticketing (Retail)
• Ticketing (Wholesale)
• Air-plus-hotel Packages
• Corporate / Business Travel
• MICE (Meetings, Incentives, Conventions and Exhibitions)
• Hotel Reservation
• Cruise Package
• Mainland China / Taiwan
• Local Tour / Car Hire / Hotel Booking for Locals

• programs in U.S.
• programs abroad

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