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.
Priceline's latest report highlights emerging travel trends as the industry rebounds from the pandemic. With leisure travel surging, destinations like Las Vegas, Hawaii, and Orlando are gaining popularity. The average hotel rate in Las Vegas is $87, with several other cities offering deals under $140. Travelers are increasingly favoring local exploration and last-minute bookings, with a noted 47% increase in advanced hotel bookings compared to 2020. Since its inception, Priceline has saved consumers over $15 billion on travel.
Viator and Booking.com have announced a global partnership to integrate Viator's extensive range of attractions, tours, and activities into Booking.com. This collaboration will initially focus on North America and Europe, expanding to additional locations in the coming months. The partnership aims to enhance travelers' experiences by providing more options as the travel industry recovers. Viator, a Tripadvisor company, boasts nearly 400,000 bookable experiences, promising added value for both Booking.com customers and Viator's global tour operators.
KAYAK, part of Booking Holdings (NASDAQ: BKNG), is set to launch KAYAK Miami Beach in April 2021. This boutique hotel aims to enhance guest experiences using KAYAK's app for contactless check-ins and personalized services. The hotel will function as a design lab for KAYAK, focusing on technological advancements for independent hotels in collaboration with Life House. Rates start at approximately $229 for a Cozy King room, with reservations available now. This venture will refine KAYAK's accommodation technology and broaden its offerings in the hospitality sector.
Booking Holdings (NASDAQ: BKNG) announced that CEO Glenn Fogel and CFO David Goulden will speak virtually at the Bank of America Merrill Lynch 2021 Consumer & Retail Technology Conference on March 10, 2021, at 8:30 am ET. A live audio cast will be accessible to the public via their investor relations website, and a replay will be available for 14 days. As a leader in online travel services, Booking Holdings operates in over 220 countries through brands like Booking.com, Priceline, and Agoda.
Booking Holdings (NASDAQ: BKNG) will release its fourth quarter financial results on February 24, 2021, at 4:00 PM ET. A conference call is scheduled for the same day at 4:30 PM ET to discuss these results, which will be webstreamed for public access. The company operates leading brands in online travel across over 220 countries, aiming to simplify travel experiences. Investors and stakeholders can find the press release and webcast details on the company's Investor Relations website.
Booking Holdings (NASDAQ: BKNG) has scheduled a conference call to discuss its fourth quarter 2020 financial results on February 24, 2021, at 4:30 p.m. ET. This event will be accessible via a webcast on the company's Investor Relations website. A financial results release will also be published shortly before the call at approximately 4:00 p.m. ET on the same day. Booking Holdings is a leader in online travel services, operating in over 220 countries through notable brands such as Booking.com, KAYAK, and Priceline.
Booking.com embraces Valentine's Day by launching the 'Love Letters To America' campaign, inviting Americans to express their affection for cities affected by the pandemic. This initiative showcases the resilience of the travel industry and encourages travelers to support local businesses. As part of the campaign, a unique overnight stay in New York City’s Bank of America Winter Village will be available on February 13 and 14 for $14.21. The campaign aims to uplift spirits and spotlight communities facing challenges due to decreased tourism.
Travelers are opting for more luxurious accommodations this New Year’s Eve, with bookings for 4 to 5-star hotels increasing by 13 percentage points compared to 2019. Despite a global trend, US, Taiwan, and Thailand travelers still favored 1 to 3.5-star hotels. Popular domestic destinations for US travelers include Miami Beach and Nashville, moving Houston and San Francisco off the list. Agoda, part of Booking Holdings (BKNG), highlights a growing interest in diverse destinations, as travelers seek to support local tourism amidst the ongoing pandemic.
Booking Holdings (NASDAQ: BKNG) announced that CFO David Goulden will present at Nasdaq's 43rd Investor Conference on December 3, 2020, at 11:30 a.m. ET. The presentation will be accessible via a live audio cast, which can be found on http://ir.bookingholdings.com. A replay of the event will be available for 14 days following the conference.
Booking Holdings is a leader in online travel and services, operating in over 220 countries and comprising brands like Booking.com and KAYAK.
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