A New List of the Most Valuable Public Travel Companies

While the old school travel industry still dominates in stock market valuations, there’s no doubt that Airbnb has caused disruption. Even after the devastating pandemic, travel stocks are still a powerful option.

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.

Cameron Sperance

2021-09-21

By materials of https://skift.com/2021/09/17/a-new-list-of-the-most-valuable-public-travel-companies/

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A New List of the Most Valuable Public Travel Companies

While the old school travel industry still dominates in stock market valuations, there’s no doubt that Airbnb has caused disruption. Even after the devastating pandemic, travel stocks are still a powerful option.

Similar articles

HotStats: The Future of Housekeeping

3 Lessons Learned doing Task Force at a Resort in 2021

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