Travel Weekly 2014 Power List

Introduction

Two online titans dominated this year’s Power List, apart by usually a few hundred million dollars, that is not a lot during a heady levels of sales during a top. Expedia, with sales of $39.4 billion in 2013, squeezed past Priceline, during $39.2 billion. A sincerely apart third was American Express, during $30.3 billion.

The list continues to simulate clever liberation in a industry; many listees did improved than a prior year, and a altogether series on a list rose from 53 to 58.

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Following are some highlights of this year’s Power List of businesses that were a group of record for $100 million or some-more in travel-related sales in 2013.

• Five companies purebred some-more than $20 billion in sales, a same series as in 2013, nonetheless 3 had some-more than $30 billion, adult from one final year.

• Sixteen companies available sales of some-more than $1 billion, a same as a final dual years.

• Priceline continued to come on strong, partly on a strength of a Booking.com division, vaulting from $28.5 billion in 2012 to $39.2 billion final year.

• Smaller firms continued to grow impressively, with and though acquisitions. Ovation Travel changed from $828 million to $910 million, and Direct Travel soared from $575 million to $767 million as it continued an assertive merger strategy.

• Companies continued to news increases in sales from hosted or outward travelsellers.

• There were several new listees this year: International Cruise Excursions, or ICE (No. 22); a Appointment Group (50); Gant Travel Management (51); Conlin Travel (55); CruCon (56); and Campbell (58).

• Firms were asked to report their business model. Most pronounced they sell directly to consumers, nonetheless some do white label. And many described a brew of centralized group and hosted structures.

• Companies that work outward a common travel-selling indication continue to thrive. ICE does business by partnerships, such as opening transport stores in Sears locations.

• Leisure agencies continued to grow by charity artistic wrapping and good deals. Listees that are leisure-dominant embody Expedia, Priceline, FC USA, AAA, Travelong, World Travel Holdings, ICE, CheapCaribbean.com, H.I.S.-USA, Avoya, Travel Experts, Cruise Planners, CruCon and Quality Reward Travel.

• Not surprisingly, record dominated a replies when it came to new developments and projections. A series of companies pronounced they were building exclusive record solutions.

• For a initial time this year, companies were selected for “breakout” profiles to denote a farrago of Power List companies. ICE, new to a list, has an surprising business model, portion as a transport provider to companies and associations; Christopherson Business Travel demonstrates how many agencies, while not during a tip of a list, continue to grow and innovate; Conlin Travel, another visitor to a list, continues to work out of normal storefronts.

The 2014 Power List proves again a resilience and affability of an courtesy that many seem to trust is disappearing. On a contrary, it is a channel that is gaining strength even as it evolves.

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Methodology

The gathering of Power List 2014 began late final year, and early this year, a petition was sent to roughly 70 companies that:

  • Had seemed on a list in prior years.
  • Had been in a news since of acquisitions or had grown for other reasons.
  • Had contacted Travel Weekly desiring they qualified.

To validate for a list, agencies had to strech $100 million in sales in 2013. For functions of this survey, sales are tangible as sum sales of transport products, either to consumers or corporate travelers, for that a association is a businessman of record from a supplier’s perspective. At slightest 15% of a sales volume contingency have been generated in a U.S.

“Travel products” does not embody chartering income or royalties from building engagement platforms, user interfaces, apps, etc. Included are usually a requisitioned components of a trip: cruises, tours, forms of vehicle (air, car, train, etc.), attractions, accommodations, entertainment, etc.

Gross sales volume, a primary series for ranking, had to be approved by a company’s owner, CEO or CFO.

Responses showed that many companies were happy to concur with that stipulation. In a tiny series of cases, acceptance was done by an executive during a clamp boss turn though with financial oversight.

In one box (BCD Travel), sales totals were formed on publicly disclosed information since a association did not respond to a survey.

We trust a following companies are among those that might have competent for a list though opted not to participate: Adtrav, Travizon, Travelocity and STA Travel.

While all auxiliary listees did plead sales (or make them public), it contingency be kept in mind that even those numbers are formidable to determine since a good infancy of travelsellers are secretly hold and underneath no requirement to divulge financial data.

Also, there is no ordinarily supposed customary for calculating sales volume, and there is no clearinghouse in a U.S. that marks non-airline sales, as ARC does for airline sales.

Where possible, Travel Weekly sought to endorse correctness in a total by referring to other information and to articles published in a past year. We also reviewed responses for coherence and used whatever resources we had during a ordering to safeguard accuracy.

The consult on that these rankings was formed enclosed questions involving sales figures; ARC sales; travel-related subsidiaries; commission of sales from business, leisure, etc.; corporate structure; and other topics. There were several open-ended questions about new and designed developments to that companies could reply.

Responses to a petition dynamic a length of a profiles that accompany any listed agency. Companies were offering a choice of carrying an executive interviewed by a Travel Weekly editor; several took advantage of that opportunity.

There might be firms that should be on a list though transient a attention. Representatives of such firms should hit Harvey Chipkin during hchipkin@travelweekly.com so we can send them a petition for subsequent year’s edition.
 

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