In its June 28 issue, Travel Weekly has published their annual Power List of the world’s largest travel sellers. Expedia jumped from third place in 2008 to become the No.1 seller of travel in the world in 2009.
Ever since Travel Weekly started publishing its survey results in 1992, American Express has held the top slot. Expedia beat them this year with 2009 sales of $21.8 billion.
American Express came in second with $21.5 billion, followed closely by Carlson Wagonlist Travel who dropped from second to third place, with $21.4 billion in sales.
93.6% of Expedia’s sales came from leisure travel (includes unmanaged business travel), so the business travel slump last year didn’t affect Expedia as much as American Express or CWT.
Will Expedia be able to hold on to it’s top spot as the business travel sector picks up in 2010 and beyond? Expedia CEO Dara Khosrowshahi tells Travel Weekly that they’d like to think so, and have plans to build a $40 billion global travel empire.
Listed below are the top 10 agencies in the 2010 Power List.
1. Expedia Inc. – $21.8 billion
2. American Express – $21.5 billion
3. Carlson Wagonlit Travel – $21.4 billion
4. Hogg Robinson Group – $16 billion
5. BCD Travel – $14.6 billion
6. Orbitz Worldwide – $10.1 billion
7. Priceline.com – $9.3 billion
8. AAA Travel – $3.23 billion
9. Flight Centre USA – $1.88 billion
10. Travel Leaders Group – $1.68 billion
Note:- Travelocity doesn’t figure in the top 10 because they did not provide sales figures. Travel Weekly estimates Travelocity’s 2009 sales to be around $9.86 billion, which puts them at no.7 on the Power List, between Orbitz and Priceline.
See the full survey results – TravelWeekly 2010 Power List