Skift Take

Old school travel companies still largely dominate in terms of stock market valuation, but there is no denying the disruption sparked by Airbnb’s debut on the stock market.

Travel stocks still pack a punch even after the pandemic took a catastrophic toll on business.

Airbnb this week is once again over the $100 billion market capitalization threshold, putting it ahead of Booking Holdings but in second place behind Boeing in terms of travel company valuations. It was a meteoric rise to the (almost) top for the vacation home rental company, which only went public late last year and has already more than doubled in price per share.

The 15 largest travel companies come from a range of sectors, from airlines and hotels to cruises lines and online travel agencies, or OTAs.

The combined valuation of these companies, compiled using data from S&P’s Capital IQ platform, added up to nearly $760 billion, as of mid-day Sept. 17. Of note — the CEOs of six of these companies will be speaking at Skift Global Forum Sept. 21-23 in New York City.

Join Us at Skift Global Forum in NYC September 21-23


Company Travel Sector Market Cap
The Boeing Co. Aircraft Manufacturer $124.8B
Airbnb Vacation Rentals $105.8B
Booking Holdings OTA $95.8B
Airbus Aircraft Manufacturer $88.3B
Oriental Land Resort/Theme Parks $51B
Marriott International Hotel $47B
Hilton Worldwide Hotel $36.6B
Southwest Airlines Airline $28.9B
Las Vegas Sands Casino Resorts $28.7B
Amadeus IT Travel Tech $27.3B
Carnival Corp. Cruise $27.2B
Delta Air Lines Airline $25.8B
Ryanair Airline $25.78B
Expedia Group OTA $23B
Galaxy Entertainment Casino Resorts $22.4B

Register Now for Skift Global Forum September 21-23

March 29, 2023
22 Early-Bird Tickets Remain

Tags: airbnb, airbus, amadeus, Boeing, booking holdings, carnival corp., delta, expedia, hilton, las vegas sands, marriott, ryanair, southwest airlines, valuations

Photo credit: Aircraft manufacturer Boeing (pictured: the company's 787 assembly line in South Carolina) is the largest travel company in terms of market capitalization. airbus777 / Flickr

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