It had seemed likely that we might see a change at the top of the Power List this year as a result of Priceline Group’s momentum in the last few years. Moreover, in last year’s ranking the top two were practically neck and neck, with Expedia Inc. at $50.4 billion in annual travel sales and Priceline at $50.3 billion.
Yet Expedia has maintained its position at No. 1, partly through aggressive expansion, such as the takeover of Travelocity and Orbitz Worldwide (No. 7 last year.) This year, our top agency clocked in with nearly $61 billion in travel sales in 2015.
Acquisitions were part of the continuing consolidation in the industry that resulted in the departure of some names even as new agencies joined.
It all adds up to some interesting dynamics in our annual Power List, which ranks agencies that report annual travel sales in the previous year of $100 million or more.
Go to the introduction.