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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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The Priceline Work-Life Balance Report reveals that 92% of Americans plan to travel in 2021, with 52% eager to start this summer. The findings show a significant increase in the use of paid time off (PTO), as many Americans regret not using PTO last year. Remote work has enhanced work-life balance, with 75% of respondents noting its benefits. 66% plan to travel more while working remotely. Priceline aims to cater to this travel surge with a Fourth of July sale, offering discounts on travel packages to encourage PTO usage and reuniting with loved ones.

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OpenTable has launched a new video series, Restaurants on the Rebound, focusing on restaurants navigating challenges during the pandemic. The series highlights four establishments, including 50Kitchen (Boston), China Live (San Francisco), L'oca D'oro (Austin), and Pink Dinghy (Virginia Beach). OpenTable has seated over 135 million diners at no cost to restaurants since April 2020, emphasizing its commitment to support the restaurant industry. The company is a part of Booking Holdings (NASDAQ: BKNG).

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Booking Holdings (NASDAQ: BKNG) will have CFO David Goulden speaking at the 1st Annual Evercore ISI Technology, Media and Telecom Conference on June 7th at 3:30 PM ET. The presentation will be available via live audio cast to the public, and a replay will be accessible for 14 days. As a leading online travel services provider, Booking Holdings operates brands like Booking.com and KAYAK, facilitating travel experiences for consumers in over 220 countries. This event highlights the company’s ongoing engagement with the investment community.

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Booking Holdings (NASDAQ: BKNG) will have CEO Glenn Fogel and CFO David Goulden speak virtually at the J.P. Morgan's 49th Global Technology, Media, and Communications Conference on May 24, 2021, at 10:15 am ET. A live audio cast of the presentation will be accessible to the public through Booking Holdings' investor relations. The replay will be available for 14 days. Booking Holdings is a leading online travel service provider, operating brands like Booking.com and Priceline, serving consumers in over 220 countries.

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On May 11, 2021, KAYAK reported a significant surge in summer travel searches, with increases of up to 70% month-over-month. The company introduced its 'Return to Travel' Hacker Guide, aiding travelers in navigating post-pandemic destinations and trends. Key highlights include a resurgence of interest in Caribbean destinations, a 68% rise in solo travel searches particularly to South America, and a boom in group travel to warm locations. KAYAK also emphasized the importance of early rental car bookings as prices rise due to increased demand, especially in outdoor destinations like Florida and Hawaii.

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Booking Holdings will release its first quarter 2021 financial results on May 5 at 4:00 p.m. ET. A conference call will follow at 4:30 p.m. ET to discuss these results, available via webcast. Booking Holdings, listed under BKNG, is the leading global online travel and services platform, operating brands such as Booking.com and Priceline across over 220 countries. This financial disclosure is vital for investors assessing the company’s performance and market position.

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OpenTable, a subsidiary of Booking Holdings (NASDAQ: BKNG), reports a dramatic increase in Mother’s Day reservations, up 64% compared to 2019 levels, indicating a robust demand for family dining experiences post-pandemic. A survey revealed 43% of Americans would dine out for Mother’s Day if restaurants provided complimentary professional family photos. To enhance the celebration, OpenTable has partnered with 14 restaurants across the U.S. to offer these memories free of charge, contributing to the anticipated resurgence of family gatherings.

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Booking Holdings (NASDAQ: BKNG) is set to announce its first quarter 2021 financial results during a conference call on May 5, 2021, at 4:30 p.m. ET. The event will be accessible via webcast on the company's Investor Relations website. A financial results release will be posted online by 4:00 p.m. ET on the same day. This call will provide insights into the company's performance during the first quarter of 2021, which is crucial for investors looking to gauge future performance amidst ongoing market changes.

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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