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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 reports a sharp increase in searches for Bali following Indonesia's reopening to international travelers on April 5, 2022. Bali emerged as the top destination in Indonesia, ranking third in Asia, with Australia leading international searches at a 220% increase, followed by Singapore at 200%. Key searched locations include Kuta and Ubud, reflecting diverse tourist interests. The new quarantine-free travel guidelines allow fully vaccinated visitors to enter Indonesia while presenting a negative PCR test. 42 countries are eligible for Visa on Arrival in Bali, boosting tourism prospects.

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Agoda's recent data reveal that Thailand has emerged as the most searched travel destination globally, with a staggering 500% increase in interest from January to March 2022. The top three origins for travelers are Japan, United States, and Singapore. To facilitate bookings, Agoda collaborates with the Thailand Pass application, aiding in quick data uploads and reducing delays. This integration aims to enhance the travel experience as international tourism rebounds, with travelers eager to explore popular locations like Phuket and Bangkok.

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Booking Holdings (NASDAQ: BKNG) announced that CEO Glenn Fogel and CFO David Goulden will present at the Bank of America Merrill Lynch 2022 Consumer & Retail Technology Conference on March 8th at 1:50 pm ET. Investors and the public can access a live audio cast of the presentation here. A replay will be available for 14 days. Booking Holdings is a leading online travel provider operating across six major brands in over 220 countries.

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Booking Holdings (NASDAQ: BKNG) will release its fourth quarter and full year 2021 financial results on February 23, 2022, at 4:00 p.m. ET. A conference call will follow at 4:30 p.m. ET to discuss the results, which will also be webcasted. Investors can access the press release on the company's Investor Relations website. Booking Holdings is a leading provider of online travel services, operating through brands like Booking.com, Priceline, and others in over 220 countries.

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OpenTable, part of Booking Holdings (BKNG), announces Valentine's Day celebrations, featuring a pop-up chapel for weddings at L'industrie in Brooklyn. As dining returns post-COVID, 34% of U.S. adults haven't dined out for Valentine's Day since 2019. Reservations are up 30% this year nationwide. OpenTable reveals its list of the 100 Most Romantic Restaurants in the U.S., based on over 12.4 million diner reviews, with California leading the list. Steakhouses dominate 37% of the selections, highlighting a trend despite the rise of plant-based options.

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On February 3, 2022, Cruise Critic, a subsidiary of Tripadvisor, announced a partnership with KAYAK to enhance cruise offerings on KAYAK's platform. This collaboration allows KAYAK users to search for cruises directly, accessing Cruise Critic's extensive itineraries and reviews. The partnership aims to capitalize on the recovering cruise industry and boost bookings as demand rises. Mark Patscher, Senior Director at Cruise Critic, expressed excitement over increasing traffic through this strategic alliance, which is timely for the upcoming wave season.

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Priceline has launched a new brand campaign featuring actress Kaley Cuoco, emphasizing the joy of travel savings. This multichannel campaign, created by dentsu One, showcases how Priceline helps travelers save, allowing for more enriching experiences. Priceline claims to save travelers $1 billion annually and is offering an introductory discount of $100 off $500 Express Deals until February 6, 2022, using code SAVEMORE100. CEO Brett Keller emphasizes that more savings translate to better travel opportunities, underscoring the campaign's relevance in a post-pandemic travel landscape.

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Booking Holdings (NASDAQ: BKNG) plans to hold a conference call on February 23, 2022, at 4:30 p.m. ET to discuss its fourth quarter and full year 2021 financial results. The call will be webcast and available for replay on their Investor Relations website. A financial results release will also be posted at approximately 4:00 p.m. ET on the same day.

Booking Holdings operates six major brands, serving consumers in over 220 countries.

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On Jan. 13, 2022, KAYAK for Business announced the integration of Southwest Airlines into its travel platform, enhancing the booking process for corporate travel. Travelers can now access Southwest’s low fares, utilize Rapid Rewards points, and manage bookings flexibly. The platform serves over 10,000 businesses, introducing features for trip changes and payments using unused tickets. KAYAK aims to streamline options for business travelers, providing greater visibility and control over travel expenses without charge.

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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