Booking Holdings Inc. - BKNG STOCK NEWS

OpenTable, part of Booking Holdings (NASDAQ: BKNG), has entered a global agreement to become the preferred restaurant technology provider for Marriott International. This partnership will enable Marriott's restaurants, over 1,400 in more than 56 countries, to utilize OpenTable's technology, enhancing their operations and guest experiences. With Marriott's extensive portfolio, OpenTable aims to showcase restaurant offerings on its global channels and introduce new premium products to drive revenue. This collaboration highlights the importance of dining in Marriott's hospitality offerings.

OpenTable, part of Booking Holdings (NASDAQ: BKNG), reports a 54% increase in restaurants listing outdoor dining compared to pre-pandemic 2019. This reflects growing consumer interest, as cities nationwide saw double-digit spikes in outdoor dining reservations. Notable increases were seen in New York (141%) and San Francisco (126%). OpenTable's annual list of the 100 Best Restaurants for Outdoor Dining includes establishments from 25 states, emphasizing the trend's popularity. Outdoor dining has become essential for restaurants, driving business recovery amid changing consumer preferences.

Booking Holdings (NASDAQ: BKNG) announced a conference call to discuss its Q2 2022 financial results on August 3, 2022, at 4:30 p.m. ET. The results will be available on the company's Investor Relations website around 4:00 p.m. ET on the same day. The call will be webcasted, and a replay will also be accessible for seven days following the event. This event underscores the company's commitment to transparency and investor relations.

Cendyn has partnered with OpenTable to enhance hotel dining experiences by integrating their eInsight CRM with OpenTable's platform. This integration allows hotel restaurants to access comprehensive guest insights, unifying dining and lodging profiles. Guests will now experience personalized service based on their preferences and loyalty status. Cendyn's CEO, Tim Sullivan, emphasizes that this partnership empowers hotel staff to improve guest loyalty and satisfaction through personalized engagement.

OpenTable, a subsidiary of Booking Holdings (NASDAQ: BKNG), has announced a strategic partnership with inline Group Ltd to enhance restaurant reservations in East Asia. OpenTable diners will soon book reservations and order food at popular local restaurants powered by inline's systems. The partnership also includes a strategic financial investment from OpenTable into inline, aiming to expand OpenTable's presence in the Asia-Pacific region. Inline has established a leadership position in select Asian markets, serving over 200 million diners.

T-Mobile (NASDAQ: TMUS) and Rocket Travel (NASDAQ: BKNG) have launched T-Mobile TRAVEL with Priceline, providing exclusive travel discounts for T-Mobile customers. This initiative aims to enhance user experience and brand loyalty as travel demand surges. Customers can save up to 40% on hotels and rentals, with over $17 million saved during the pilot phase. T-Mobile intends to leverage its extensive 5G coverage to improve customer connectivity while exploring new travel opportunities.

KAYAK has partnered with Rent the Runway to launch its first-ever Travel Hacker Guide: Wedding Edition, aimed at assisting couples and guests in planning wedding-related travel. Recent surveys indicate that 45% of US Gen Z and Millennials are traveling for weddings, with 40% of adults considering declining invitations due to costs. The guide provides travel tips, cost-saving measures, and highlights affordable honeymoon destinations such as Orlando, Las Vegas, and Bogotá. Users can also benefit from discounts on rentals through Rent the Runway.

Priceline is launching a Summer Sale on June 20 to help travelers save amid rising costs, with hotel rates up 14% and airfares up 39% compared to last year. The company also introduces the VIP Family feature in its loyalty program, allowing members to pool their status and unlock greater savings. Affordable destinations for Fourth of July travel have been analyzed, with rates below $155 per night. The Summer Sale includes discounts on hotels and special codes for additional savings.

Affirm has partnered with Agoda, part of Booking Holdings, to offer travelers flexible payment options. Customers can now book hotels through Agoda's platform and split payments for bookings over $50 into biweekly or monthly installments, starting at 0% APR. This initiative aims to make travel more accessible, especially for those who prefer to pay over time. Agoda joins over 200,000 retail partners of Affirm, enhancing customer reach and driving sales growth.