Revenue of leading OTAs worldwide 2025| ��ƽ��

Leading online travel agencies (OTAs) worldwide from 2019 to 2025, by revenue (in million U.S. dollars)

Characteristic	2019	2020	2021	2022	2023	2024	2025
Booking Holdings	15,066	6,796	10,958	17,090	21,365	23,739	26,917
Expedia Group	12,067	5,199	8,598	11,667	12,839	13,691	14,733
Airbnb	4,805	3,378	5,992	8,399	9,917	11,102	12,241
Trip.com Group	5,122	2,807	3,142	2,907	6,269	7,302	8,925
Tripadvisor	1,560	604	902	1,492	1,788	1,835	1,891
�Ѳ��Ѳ�հ��¹	527	189	295	533	728	936	1,039
eDreams ODIGEO¹	633	241	334	577	689	681	803
Trivago	942	304	412	574	535	477	645
Lastminute.com Group	392	128	163	316	350	327	424
On the Beach Group	180	92	42	104	138	165	163

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Release date

May 2026

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Region

Worldwide

Survey time period

2019 to 2025

Special properties

figures only refer to publicly traded companies

Supplementary notes

¹ Figures for eDreams and MakeMyTrip do not refer to fiscal years (ending in March) but to calendar years. Data was calculated by summing the figures of the four calendar quarters.

Figures in euros (eDreams ODIGEO, Trivago, and Lastminute.com Group) and in British pounds (On the Beach Group) were converted to U.S. dollars by looking at the exchange rate on December 31 per each year (and on September 30 for On the Beach Group).

Data has been compiled by ��ƽ�� based on the company filings for the selected financial years: ,��,��,��,��,��, ,��,��,��.

Citation formats

The combined global revenue of the selected leading online travel agencies (OTAs) increased in 2025 over the previous year. Over the period considered, Booking Holdings reported the highest figure, generating 26.9 billion U.S. dollars in 2025. That year, Expedia Group and Airbnb followed in the ranking, with revenue of around 14.7 billion and 12.2 billion U.S. dollars, respectively.

What are the most visited travel websites?

In 2026, booking.com, the website of Booking Holdings' flagship brand, topped the ranking of the most visited travel and tourism website worldwide. When looking at the traffic breakdown of booking.com by country, the United States, the United Kingdom, and Germany accounted for the highest share of website visits that year.

How big is the online travel market?

As estimated by the ��ƽ�� Mobility Market ��ƽ��, online sales channels in the travel and tourism market worldwide generated over 70 percent of total revenue in 2025. That year,��travel and tourism market's global revenue, including hotels, package holidays, vacation rentals, camping, and cruises, reached nearly 990 billion U.S. dollars.