2016 top earning travel companies rankings are based on their reported sales for the year of 2015 and only list the top 50 travel companies.
6. HRG North America – $16 billion
Hogg Robinson Group is a publicly listed international corporate services organisation with headquarters in the UK. Their brands includ e Fraedom, a rapidly expanding software company that specialises in expense management and advanced payment technology, HRG, a global travel management company and eWings.com, a travel management company for small to medium sized companies. Hogg Robinson Group wholly acquired Spendvision in 2012, before rebranding it as Fraedom in 2015.
Founded: 1845 by brothers-in-law Francis Hogg, a young wine merchant, and Augustus Robinson, an insurance broker.
Headquarters: Basingstoke, UK
7. FC USA – $13.4 billion
Flight Centre Travel Group USA is a wholly owned subsidiary of Flight Centre Travel Group in Australia, which is publicly traded on the Australian Stock Exchange, includ es 13 brands spanning retail, wholesale and corporate travel.
Headquarters: New Jersey, USA
8. American Express Travel – $5.1 billion
American Express established a Travel Division in 1915 that tied together all of the earlier efforts at making travel easier, and soon established its first travel agencies. In the 1930s, the Travel Division had grown widely. Albert K. Dawson was instrumental in expanding business operations overseas, even investing in tourist relations with the Soviet Union. Dawson during World War I had been a photographer and film correspondent with the German army. Today the focus of the Travel Division is on business customers and business travel, that is, corporate travel management.
9. Travel Leaders Group – $4.32 billion
It was officially announced that Travel Leaders Group and ALTOUR have signed an agreement to unite under common ownership to form a single, powerhouse travel agency organization with nearly $24 billion in annual sales. There will be no substantive operating changes or name changes to either ALTOUR or Travel Leaders Group’s businesses or organizations. Closing of this combination is expected to occur following regulatory approval in satisfaction of other customary conditional proceedings.
Company was formed in 2008
10. Fareportal/Travelong – $4.1 billion
Fareportal, Inc. is a US-based online travel company, which provides online air travel booking capabilities through its subsidiaries. The largest of these are CheapOair, FareBuzz, and OneTravel, and they also includ e Travelong, Duke’s Court Travel, Fareportal Media Group, RoyalScenic, ClubMiles, TripCombi, and WKTravel.
Headquarters: New York City, USA