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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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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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Priceline has launched its most significant Black Friday sales event, introducing the Priceline VIP loyalty program. Starting on November 23, the week-long event features more than $5 million in savings on travel bookings. Members can enjoy up to 50% off hotels and 20% off rental cars, with exclusive deals and mystery coupons available throughout the event. 1% of eligible bookings on Giving Tuesday will be donated to customer-chosen charities. This initiative aims to enhance savings for travelers as they prepare to travel again.

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KAYAK has partnered with Lonely Planet to unveil the Best in Travel picks for 2021, focusing on sustainability, community, and diversity in travel. The initiative emphasizes how people are traveling today, such as in family groups and with a sense of purpose. Highlighted destinations include Rwanda, Palau, and Gothenburg, Sweden for sustainability; El Hierro, Spain, and Hiakai, New Zealand for diversity; and Kazakhstan and Medellín for community-focused travel experiences. KAYAK's eco-friendly tools aim to facilitate sustainable travel choices.

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Booking Holdings (NASDAQ: BKNG) announced that CEO Glenn Fogel and CFO David Goulden will present at the 2020 RBC Capital Markets Technology, Internet, Media and Telecommunications Conference on November 18, 2020, at 9:35 a.m. ET. The session will be available via a live audio cast on their investor relations website, with a replay accessible for 14 days. Booking Holdings is a leader in online travel services, operating in over 220 countries through brands like Booking.com and KAYAK.

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Booking Holdings (NASDAQ: BKNG) will release its third quarter 2020 financial results on November 5 at 4:00 p.m. ET via its Investor Relations website. A conference call to discuss the results will follow at 4:30 p.m. ET, with a webcast available for listening. The company is recognized as a leader in online travel services, offering solutions across various platforms including Booking.com and KAYAK. The earnings release and the subsequent call are expected to provide insights into the company’s performance amid ongoing industry challenges.

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Booking Holdings (NASDAQ: BKNG) will release its third quarter 2020 financial results on November 5 at 4:00 p.m. ET. The results will be available via a press release on the company's Investor Relations website. A conference call to discuss these results will follow at 4:30 p.m. ET, which will be webcasted. Audio replays will be accessible for seven days after the event. Booking Holdings operates in over 220 countries and territories with brands like Booking.com, KAYAK, and OpenTable.

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Booking.com has released insights from a survey of over 20,000 travelers across 28 countries, revealing key trends that will shape travel post-COVID-19. 53% of travelers will wait for a vaccine before they feel comfortable traveling again. Key predictions include an increased focus on safety, sustainability, and value for money. 62% of American travelers are now more price-conscious, while 80% will take more precautions. Additionally, there will be a rise in local travel and remote work opportunities, emphasizing the blending of leisure and work travel.

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On October 14, 2020, Eightfold.ai announced a partnership with Booking.com to enhance its talent acquisition efforts using the Talent Intelligence Platform. This AI-driven solution aims to modernize and standardize hiring processes, improving candidate experience and engagement. Key goals include accelerating hiring efficiency, increasing qualified candidate volume by 60%, and fostering diversity within the workforce. Booking.com seeks to consolidate its varied recruitment solutions into one comprehensive platform, aligning with its ongoing digital transformation strategy.

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Booking Holdings (NASDAQ: BKNG) will release its second quarter financial results on August 6, 2020, at 4:00 p.m. ET. This information will be accessible via a press release on the company's Investor Relations website. Following the release, a conference call is scheduled for 4:30 p.m. ET to discuss these results, which will also be available for audio replay on the website for seven days afterward. Booking Holdings is a leading online travel services provider, operating globally through several brands, including Booking.com, KAYAK, and Priceline.

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KAYAK has launched a data center to analyze flight search trends impacted by COVID-19, highlighting a significant downturn in air travel since April 2020. The data shows a gradual recovery in flight searches, particularly within the United States, as consumers turn to domestic travel over international. Major cities are shifting from urban hotspots to less crowded destinations. Notably, US searches to Europe have plummeted by 65% year-over-year. The dashboard will be updated daily, offering insights into global search trends, motivating factors, and travel restrictions.

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FAQ

What is the current stock price of Booking Holdings (BKNG)?

The current stock price of Booking Holdings (BKNG) is $5063.12 as of December 23, 2024.

What is the market cap of Booking Holdings (BKNG)?

The market cap of Booking Holdings (BKNG) is approximately 165.8B.

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

165.80B
33.04M
0.16%
95.11%
1.89%
Travel Services
Transportation Services
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United States of America
NORWALK