- Booking Holdings leads travel companies by market capitalisation at $116.34bn
- Marriott International follows at $101.75bn
- Airbnb is third at $101.08bn
- Royal Caribbean Group is fourth at $79.14bn
- The dataset covers 194 companies with a combined market capitalisation of $1.561 trillion
Booking Holdings leads the largest travel companies by market capitalisation at $116.34bn according to a dataset covering 194 companies. Marriott International follows at $101.75bn, Airbnb at $101.08bn, Royal Caribbean Group at $79.14bn and Hilton Worldwide at $77.56bn. The combined market capitalisation of the dataset is $1.561 trillion.
The top of the ranking is dominated by different parts of the travel ecosystem. Hotel groups include Marriott, Hilton, IHG, Hyatt and H World. Airlines include Delta, United, Ryanair, Southwest, IndiGo and Singapore Airlines. OTAs and travel tech include Booking Holdings, Airbnb, Expedia, Trip.comand Amadeus. Cruises include Royal Caribbean, Carnival and Viking. Airports include Aena, Airports of Thailand and Grupo Aeroportuario del Pacífico.
Booking Holdings leads the list at $116.34bn, while Marriott and Airbnb are both above $100bn. The travel industry is an interconnected ecosystem where distribution, accommodation, transportation, technology, experiences and infrastructure compete for value. Market capitalisation changes continuously with share prices.