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 will release its first quarter 2024 financial results on May 2, 2024, with a press release available on the company's Investor Relations website. A conference call to discuss the results will follow shortly after the release.
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WEX has signed a new long-term agreement with Booking.com, making WEX the preferred virtual card provider for Booking.com. The agreement highlights WEX's enterprise-grade technology platform, global reach, and deep payments industry expertise, supporting Booking.com's vision to simplify travel-related payments. WEX's partnership with Booking.com dates back to 2013 and has evolved to include processing payments globally, emphasizing the importance of seamless travel experiences through virtual card and cross-currency capabilities.
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Booking.com's latest sustainable travel data highlights the ongoing challenges faced by Americans in prioritizing sustainability. Insights from over 31,000 travelers reveal mixed attitudes towards climate change and government and industry roles in countering its impacts.
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OpenTable appoints Chris DeSaye, CTO of José Andrés Group, and Chef Erick Williams to its Advisory Board, bringing new expertise and perspectives to support restaurants thrive. DeSaye and Williams join industry leaders to provide strategic guidance for OpenTable's evolution and growth.
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Booking Holdings (BKNG) plans to discuss its first quarter 2024 financial results in a conference call on May 2, 2024, at 4:30 p.m. ET. The event will be webcasted and the audio will be available for replay on ir.bookingholdings.com. The company will release its financial results at approximately 4:00 p.m. ET on the same day.
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Priceline and Breeze Airways announce a first-to-market partnership allowing customers to book Breeze airfares directly through Priceline. The collaboration provides direct access to Breeze's 170 routes, aligning with both brands' missions to deliver quality and value to travelers.
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Peerspace partners with Booking.com to offer exclusive discounts on hotels and rental cars for event organizers and attendees. The partnership aims to enhance the event planning experience by providing unique venues along with discounted accommodations globally.
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KAYAK introduces innovative AI products like PriceCheck and Ask KAYAK to enhance travel planning experience. PriceCheck allows price comparison via uploaded flight itinerary screenshots, while Ask KAYAK offers personalized search results through text entries. Additional features include Provider Quality Scores, ticket option comparisons, live updates on KAYAK Trips, and secure Passkeys for sign-in.
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Booking Holdings (BKNG) to announce fourth quarter and full year 2023 financial results on February 22, 2024. Conference call scheduled to discuss the results.
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Priceline introduces Winter 2024 Product Release with upgraded AI-powered features, including Penny, to enhance travel planning and booking experience. The release includes over 30 new features aimed at streamlining trip research and booking process, saving time for customers. Priceline's Trip Intelligence suite utilizes generative AI to cater to changing consumer demands and behavior, with Penny now available across all categories. Customers can expect personalized itineraries, wallet for deals, and enhanced app experience.
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FAQ
What is the current stock price of Booking Holdings (BKNG)?
The current stock price of Booking Holdings (BKNG) is $5122.94 as of December 24, 2024.
What is the market cap of Booking Holdings (BKNG)?
The market cap of Booking Holdings (BKNG) is approximately 169.6B.
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
169.55B
33.04M
0.16%
95.11%
1.89%
Travel Services
Transportation Services
United States of America
NORWALK