AeroVanti Funding, Investors & Competitors

Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airlines, rental cars, restaurants, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, Rentalcars.com, Kayak, and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.

Airbnb is the world’s largest online alternative accommodation travel agency; it also offers booking services for boutique hotels, experiences, and hotel-like services. Airbnb’s platform offers over 9 million active accommodation listings. Listings from the company’s 5 million-plus hosts are spread over almost every country in the world. In 2025, 42% of revenue was from North America, 39% from Europe, the Middle East, and Africa, 10% from Latin America, and 9% from Asia-Pacific. Transaction fees for online bookings account for all its revenue.

Expedia is the world's second-largest online travel agency by bookings, offering services for lodging (80% of total 2024 sales), air tickets (3%), rental cars, cruises, in-destination, and other (10%), and advertising revenue (7%). Expedia operates a number of branded travel booking sites, but its three core online travel agency brands are Expedia, Hotels.com, and alternative accommodations brand Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.

Yanolja is a Seoul-headquartered online travel platform specializing in bookings for hotels, resorts, flights, activities, and transportation across Asia, North America, and Europe. Founded in 2005, it connects travelers with over two million properties worldwide through its app and website, emphasizing markets like South Korea, Thailand, Indonesia, and Japan. The company partners with global chains such as Marriott and Hilton alongside local accommodations. Through its Yanolja Cloud division, it supplies property management systems, revenue tools, and digital marketing services to thousands of hospitality businesses in 20 countries.

MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.

Flexjet is a US provider of fractional private jet ownership, leases, and jet cards operating a fleet of Bombardier Challenger and Global aircraft. Headquartered in Cleveland, Ohio, programs like Flexjet 25 offer 25-hour cards with guaranteed availability. The company manages over 150 jets with in-house pilots, maintenance at 14 facilities, and crew training. Flexjet serves Fortune 500 executives across 1,500 airports worldwide.

Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts, and Travel and Membership which operates a variety of travel businesses, including two vacation exchange brands, Vacation Ownership and Travel and Membership The majority of the revenue is earned from the United States.

TUI AG provides integrated leisure travel services, including flights, hotels, cruises, and tour operations. The company offers tourism services, covering the entire customer experience from trip planning and booking to flights, transfers, and accommodations, including stays in hotels or on cruise ships. Its segments include The Hotels & Resorts, The Cruises, The TUI Musement, Markets + Airline, and Holiday Experiences segment, which comprises The Northern Region, The Central Region, and The Western Region. The majority of revenue is derived from the Hotels & Resorts segment, which is a diversified portfolio of the company's hotel brands and hotel companies.

Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. The company generates the majority of its revenue from Package holidays sales.

Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 84% of its revenue from accommodation reservations and transportation ticketing in 2023. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers and travel kiosks. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

VistaJet is a Malta-headquartered private jet operator offering global flight subscriptions via its Program membership, utilizing a fleet of 12 Bombardier Global aircraft in silver livery with red accents. Founded in 2006, the company flies over 200,000 hours annually to 96% of the world's airports, serving corporate clients from London, New York, and Dubai hubs. VistaJet provides crew consistency, onboard Italian catering by Nebbiolo, and carbon offset programs.

Engine is a San Francisco-headquartered travel management platform for business trips, integrating with 95 percent of US airlines, hotels, and car rentals. Launched in 2021 and backed by Blackstone and Permira, it offers single-invoice billing, real-time modifications without fees, and spend analytics dashboards. Engine serves mid-market companies like Rippling and Notion, reducing travel costs by 25 percent through negotiated rates and policy enforcement.

Jungfraubahn Holding AG is a tourism company and the mountain railway company in Switzerland. It engaged in the operation of excursion railways and winter sports facilities. It also operates a railway service from Interlaken to Lauterbrunnen and Grindelwald. The company's segment includes Jungfraujoch-Top of Europe, Winter Sports and Experience Mountains, It generates maximum revenue from the Jungfraujoch-Top of Europe segment.

Changbai Mountain Tourism Co Ltd is a travel agency company. It is mainly engaged in tourism passenger transport, hotel management, travel agencies and hot spring water development and utilization business.

Flight Centre Travel is one of the largest travel agencies in the world. The group generates around half of its total transaction value, or TTV, from the corporate segment, with the other half from the leisure market and ancillary travel-related businesses. In corporate travel, Flight Centre is a global Top 4 agent operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates an extensive network of shops while also runs online channels and deal with independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.

Seera Group Holding is a Saudi Joint Stock company registered in Riyadh, Kingdom of Saudi Arabia. Al Tayyar Travel Group activities encompass scheduled air travel services, tourism, cargo, transportation, Hajj and Umrah, conferences and events, education, chartered flights, furnished suites and hotels, shipping, and other travel-related services and products. The group comprises the following business segments namely Ticketing, Tourism, Transportation, Hospitality, and Property rentals. The company generates the majority of its revenue from the Tourism segment which provides hotel booking services, package holidays and room rentals. Services may be sold separately or in bundled packages (hotel booking and airline ticket).

LuxExperience BV is a luxury digital group offering curated multi-brand womenswear, menswear, kidswear, lifestyle products, and fine jewelry with international shipping. The company operates three segments: Luxury Mytheresa, serving high-end customers mainly in Europe outside Germany; Luxury NAP & MRP, targeting trend-driven shoppers mainly in North America; and Off-Price YOOX & THE OUTNET, offering discounted previous-season luxury collections to an international audience. Its business model combines technology with personalized, localized service through mobile-first platforms. The majority of revenue comes from the Mytheresa segment and Europe (excluding Germany).

E-Life Financial Services is a Beijing-headquartered unit of the HNA Group, delivering specialized financial products for the tourism industry since its founding in January 2016. The company offers foreign exchange services at 300 airport counters across China, traveler’s cheques through partnerships with major banks, tax refund processing at duty-free stores, and consumer loans for travel expenses. E-Life operates in conjunction with HNA’s aviation and hospitality arms, serving millions of outbound Chinese tourists annually via mobile apps and on-site kiosks in key tourist hubs like Shanghai Pudong and Guangzhou Baiyun airports.