STOCK TITAN

Booking Holdings Inc. - BKNG STOCK NEWS

Welcome to our dedicated page for Booking Holdings news (Ticker: BKNG), a resource for investors and traders seeking the latest updates and insights on Booking Holdings stock.

Booking Holdings Inc. (NASDAQ: BKNG) is the largest online travel agency in the world, based in Norwalk, Connecticut. The company operates several renowned travel fare aggregators and metasearch engines, including Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. These platforms provide an extensive range of services, including hotel and alternative accommodation bookings, airline tickets, rental cars, restaurant reservations, cruises, vacation packages, and unique travel experiences.

Booking Holdings serves consumers and partners in more than 220 countries and operates in about 40 languages. The company's revenue primarily comes from transaction fees for online bookings. Their mission is to make it easier for everyone to experience the world.

Recent highlights include:

  • OpenTable is offering 1,000 Uber Vouchers to diners during San Francisco Restaurant Week to boost dining demand amid the city's recovery.
  • Priceline launched its Black Friday Early Access Sale featuring significant discounts on hotels, rental cars, and vacation packages.
  • Ewout Steenbergen will join Booking Holdings as Executive Vice President and Chief Financial Officer in March 2024.
  • KAYAK released a new suite of AI-powered products to simplify travel planning.
  • Booking.com conducted research on sustainable travel, gathering insights from over 31,000 travelers globally.

These initiatives demonstrate Booking Holdings' commitment to innovation and supporting the travel and hospitality industries worldwide.

Rhea-AI Summary

Rocket Travel by Agoda and Skift have released a new report highlighting challenges in hotel wholesale distribution. The report, titled 'The Wholesale Hotel Playbook: How Technology and Data are Redefining Distribution,' reveals that hotels could be losing 10% or more in revenue due to poor wholesale rate distribution control. The solution offers three key benefits: rate integrity through transparency, enhanced partnership control, and data-driven insights. Success cases include a partner chain improving rate parity from 40% to 76% over eight months, and another increasing new partner revenue share from 16% to 49%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.88%
Tags
none
-
Rhea-AI Summary

OpenTable reveals dining trends for 2025 based on consumer research and platform data. Key findings show 54% of diners plan to increase dining out in 2025, with Gen Z (71%) and Millennials (68%) leading this trend. Notable shifts include an 11% YoY increase in Wednesday dining, 10% growth in solo dining, and 8% rise in group dining (6+ people). Experiential dining bookings increased 27% YoY, with 42% of Americans showing increased interest for 2025. The company also released its Top 100 Restaurants in America for 2024, compiled from over 14 million diner reviews, with Chicago leading with 10% of listed restaurants.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
none
-
Rhea-AI Summary

U.S. Bank has launched a new travel booking platform, the U.S. Bank Travel Center with Booking.com, powered by Rocket Travel by Agoda. The platform allows credit cardholders to book hotels, flights, and rental cars while offering access to over 2.4 million properties worldwide through Booking Holdings brands. The service features special travel discounts, 24/7 support, same-day booking capability, and enhanced site navigation. Additional benefits include cash-back deals, merchant discount offers, and Paze℠, a secure online checkout solution using tokenization technology.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
none
Rhea-AI Summary

Booking Holdings (NASDAQ: BKNG) has announced that CFO Ewout Steenbergen will present at the Nasdaq 51st Investor Conference in London. The event, organized in collaboration with Morgan Stanley, will take place at the May Fair Hotel on December 11, with Steenbergen's presentation scheduled for 4:00 am ET / 9:00 am GMT.

The presentation will be accessible through a live audio cast at the company's investor relations website. A replay will be made available approximately 24 hours after the presentation and will remain accessible for 12 months.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
conferences
-
Rhea-AI Summary

Priceline has announced its largest holiday sale of the year, featuring discounts of up to 99% on travel bookings. The sale, which runs from November 11, 2024, through Travel Tuesday, includes three waves of deals on flights, hotels, rental cars, cruises, vacation packages, and activities. Priceline will introduce its first-ever '10 Days of Deals' from November 20 to 29, followed by Cyber Monday and Travel Tuesday sales. Special offers include 35% off hotel and flight bundles, 20% off select hotels, and up to 50% off Flight Express Deals®. Partnering with top travel brands like Affirm and Walt Disney World, Priceline aims to provide significant savings and personalized travel experiences. Early bird deals include mystery coupons offering up to 99% off for subscribers, VIP status upgrades, and double Cruise Cash on select cruises. The holiday savings continue throughout December with Priceline's 'Season of Savings' sale.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
Tags
none
-
Rhea-AI Summary

Booking.com is expanding its AI-powered features with three key innovations: Smart Filter, Property Q&A, and Review Summaries. Smart Filter allows travelers to describe their ideal property in natural language, while Property Q&A provides instant answers to specific accommodation questions. Review Summaries will condense guest feedback into tailored insights.

These features are currently available in the US, UK, Australia, New Zealand, and Singapore via mobile app. The company's AI Trip Planner, launched in June 2023, is expanding to several European countries with local language support. This expansion responds to growing demand, with 41% of travelers expressing interest in AI-driven travel planning.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
AI
Rhea-AI Summary

Booking Holdings (NASDAQ: BKNG) announced it will release its third quarter 2024 financial results on Wednesday, October 30, 2024, at approximately 4:00 p.m. ET. The results will be available through a press release on the company's Investor Relations website. A conference call to discuss the results is scheduled for 4:30 p.m. ET on the same day, which will be webcasted live. Audio replays will remain accessible on the website for seven days after the event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
Tags
-
Rhea-AI Summary

Priceline has released its 2025 travel trends report, highlighting eight key trends that will shape the industry. The report indicates a shift from revenge travel to intentional travel, with travelers seeking meaningful experiences while being cost-conscious. Key trends include 'Awayborhoods' (exploring authentic neighborhoods), 'Flocking' (Gen Z seeking in-person connections), 'Star Trekking' (astronomy-focused travel), 'Holding Court' (racquet sports destinations), 'Gap Days' (micro-retirements), 'Running the World' (running club tourism), 'Townsizing' (small-town exploration), and 'GetHerAway' (mom-focused retreats).

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
none
-
Rhea-AI Summary

Booking.com's annual Travel Predictions research reveals that American travelers will rewrite the rules of conventional getaways in 2025, seeking deeper connections and personal growth. Key trends include:

1. 'SKI' trips: Baby boomers Spending Kids' Inheritance on travel, with 41% of American parents prioritizing trips over leaving inheritance.

2. NocTourism: 59% of Americans considering darker sky destinations for celestial experiences and to avoid daytime heat.

3. Boyz II Zen: Men embracing wellbeing-focused trips, with 46% of Americans encouraging men-only trips.

4. The Gate Escape: Airports becoming destinations, with 27% interested in visiting places for their airports.

5. Passport to Longevity: 52% willing to pay for vacations aimed at extending lifespan and wellbeing.

6. Vintage Voyaging: 38% interested in buying vacation wardrobes during trips, with 55% planning to visit thrift stores.

7. AI = Alternative Itineraries: 62% using technology to make informed, positive travel decisions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none
News
Rhea-AI Summary

Booking.com's 2025 Travel Predictions reveal that American travelers will rewrite conventional travel rules, seeking deeper connections and personal growth. Key trends include:

1. 'SKI' trips: Baby boomers spending kids' inheritance on travel, with 41% of parents prioritizing trips over leaving inheritances.

2. NocTourism: Focus on nighttime and celestial experiences, with 59% considering darker sky destinations.

3. Boyz II Zen: Men embracing wellbeing-focused trips, with 46% of Americans encouraging men-only trips.

4. The Gate Escape: Airports becoming destinations, with 27% interested in visiting places for their airports.

5. Passport to Longevity: 52% willing to pay for vacations aimed at extending lifespan and wellbeing.

6. Vintage Voyaging: 38% interested in buying vacation wardrobes during trips, emphasizing sustainability.

7. AI = Alternative Itineraries: 62% using technology to make informed, positive travel decisions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none

FAQ

What is the current stock price of Booking Holdings (BKNG)?

The current stock price of Booking Holdings (BKNG) is $5177.15 as of November 22, 2024.

What is the market cap of Booking Holdings (BKNG)?

The market cap of Booking Holdings (BKNG) is approximately 171.9B.

What services does Booking Holdings Inc. offer?

Booking Holdings Inc. offers services including hotel and alternative accommodation bookings, airline tickets, rental cars, restaurant reservations, cruises, vacation packages, and unique travel experiences.

Where is Booking Holdings Inc. headquartered?

Booking Holdings Inc. is headquartered in Norwalk, Connecticut.

How does Booking Holdings generate revenue?

Booking Holdings generates revenue primarily through transaction fees for online bookings made on its platforms.

What are some of the brands under Booking Holdings?

Some of the brands under Booking Holdings include Booking.com, Priceline.com, Agoda.com, Kayak.com, Rentalcars.com, and OpenTable.

What recent initiatives has Booking Holdings undertaken?

Recent initiatives include OpenTable offering Uber Vouchers during San Francisco Restaurant Week, Priceline's Black Friday Early Access Sale, and KAYAK's launch of new AI-powered products.

Who is the new CFO of Booking Holdings?

Ewout Steenbergen will join Booking Holdings as Executive Vice President and Chief Financial Officer in March 2024.

What is Booking Holdings' mission?

Booking Holdings' mission is to make it easier for everyone to experience the world.

In how many languages and countries does Booking Holdings operate?

Booking Holdings operates in about 40 languages and more than 220 countries and territories.

What is KAYAK's new AI-powered product?

KAYAK has introduced new AI-powered products to simplify travel planning, including a price comparison tool called KAYAK PriceCheck and the Ask KAYAK feature for personalized search results.

Booking Holdings Inc.

Nasdaq:BKNG

BKNG Rankings

BKNG Stock Data

171.90B
33.04M
0.16%
95.07%
2.41%
Travel Services
Transportation Services
Link
United States of America
NORWALK