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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.

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Agoda has announced the winners of its 14th annual Gold Circle Awards, recognizing over 2000 properties across 41 markets. Thailand retained its top position, followed by Taiwan and Japan. Notably, India joined the top 10 for the first time. Mainland China received the highest number of awards for four years in a row. Each awarded property exemplified excellence in value, service, and flexibility. Winners are showcased on Agoda's website through December 31, 2022, and will receive a digital badge and marketing credits. Agoda, a part of Booking Holdings (BKNG), operates a network of 2.9M accommodations worldwide.

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Priceline has announced a strategic partnership with British Airways and Iberia under the New Distribution Capability (NDC) framework. This collaboration will enhance Priceline's inventory, providing customers with access to a wider range of fares, flexible booking options, and ancillary services like seat selection and baggage. The partnership aims to improve customer experience through better connectivity and increased inventory across Priceline's platforms, which also include Booking Holdings and Agoda.

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Booking Holdings has announced the expansion of its Travel Sustainable program, making credible sustainability information accessible to travelers through its various platforms by the end of 2023. This initiative highlights accommodations worldwide that engage in significant sustainability efforts, with over 400,000 properties already recognized. The program will feature a Travel Sustainable badge across brands like Priceline, Agoda, and KAYAK, along with additional filters for sustainable options. This expansion aligns with Booking Holdings' Climate Action Plan, aiming for a more responsible travel industry.

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KAYAK's recent study reveals that 70% of Americans planning to travel by air this holiday season feel anxious about busy airports and potential flight delays. To alleviate travel stress, KAYAK is offering a complimentary 3-month CLEAR Plus membership, facilitating quicker passage through security. Travelers can sign up for this promotion until December 31, 2022. KAYAK aims to enhance the travel experience during the busy holiday period through tools like price forecasting and customized alerts, ensuring a smoother booking process.

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Priceline is launching its largest Black Friday and Cyber Monday sale, starting November 22, 2022, offering over $10 million in savings. Customers can expect a full week of discounts, including Mystery Coupons for up to 99% off on Hotel Express Deals®. The sale features various offers like sitewide savings of 10%, $100 off on hotels when spending over $500, as well as significant savings on cruise packages and rental cars. Subscribers to Priceline's email list will receive additional surprise discounts, enhancing savings opportunities this holiday season.

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Booking Holdings (NASDAQ: BKNG) announced that CFO David Goulden will present at the Nasdaq 47th Investor Conference in London on December 7, starting at 05:00 am ET. The event, organized with Morgan Stanley, will be held at the May Fair Hotel. A live audio cast will be available for public viewing, and a replay will be accessible 24 hours later for a year. As a leader in online travel services, Booking Holdings ensures it connects consumers with travel experiences across over 220 countries.

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Booking Holdings (NASDAQ: BKNG) will release its third quarter 2022 financial results on November 2 at 4:00 p.m. ET via its Investor Relations website. A conference call is scheduled for the same day at 4:30 p.m. ET, offering insights into its financial performance. The call will be available for seven days via audio replay on the website. Booking Holdings, a leader in online travel services, provides solutions across multiple brands like Booking.com, Priceline, and Agoda, aiming to enhance global travel experiences.

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Semrush (NYSE: SEMR) has appointed David Mason as General Counsel and Secretary, bringing over 20 years of legal and entrepreneurial experience. Mason previously served as General Counsel at EverQuote and Deputy General Counsel at KAYAK, where he managed corporate governance and played a key role in KAYAK’s $1.8 billion acquisition by Booking Holdings (NASDAQ: BKNG). CEO Oleg Shchegolev expressed confidence in Mason's ability to support the company's growth strategy. Semrush has over 91,000 paying customers and offers a robust online visibility management platform.

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Booking Holdings has appointed Larry Quinlan, former Global Chief Information Officer of Deloitte, to its Board of Directors effective October 13, 2022. Quinlan brings over 35 years of technology leadership experience, having managed a global team of 10,000 IT professionals at Deloitte. His expertise in digital strategy, cybersecurity, and emerging technologies is expected to add significant value to Booking Holdings as it continues to innovate in the travel sector.

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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
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United States of America
NORWALK