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.com launches a new ad campaign featuring Tina Fey and star-studded cameos from Glenn Close, Jane Krakowski, and Jack McBrayer, aiming to show travelers that they can 'book whoever they want to be' on vacation. The campaign focuses on the evolving desires of travelers to explore diverse personas within themselves, encouraging them to discover the millions of places to stay that Booking.com has to offer. The campaign will debut live during the 'big game' on February 11 and includes TV, audio streaming, online, and social channels.
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Booking Holdings (NASDAQ: BKNG) will hold a conference call to discuss its fourth quarter and full year 2023 financial results on February 22 at 4:30 p.m. ET. The event will be webcasted and the audio will be available for replay on the website for seven days. The company will post a release containing its financial results at approximately 4:00 p.m. ET on the same day.
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KAYAK partners with GlampingHub, offering travelers access to luxury camping accommodations. The partnership aims to provide adventure-seekers and glampers with more choices for easy travel planning. According to KAYAK's data, there has been a significant increase in search interest for alternative accommodations, with luxury tents experiencing a 28% year-over-year increase in search demand.
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Booking Holdings Inc. (NASDAQ: BKNG) announced the appointment of Ewout Steenbergen as Executive Vice President and Chief Financial Officer effective March 15, 2024. Mr. Steenbergen brings extensive experience in technology and finance from his previous roles at S&P Global and Voya Financial, Inc. He will lead Booking Holdings' worldwide finance organization, reporting directly to CEO Glenn Fogel.
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OpenTable (NASDAQ: OPEN) debuts its Top 100 Restaurants in America list for 2023, revealing insights into diner behaviors and cravings. While year-round dining remained flat YoY, diners showed renewed interest in dining on special occasions, with Valentine's Day and Mother's Day growing 9% and 6% YoY. Solo dining increased by 4% YoY, with West African, African, and Lebanese cuisines among the top trending cuisines, each seeing double-digit dining increases.
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OpenTable - Ellen Yin joins Advisory Board, bringing industry expertise and commitment to restaurant innovation
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Booking Holdings (NASDAQ: BKNG) CFO to Speak at Nasdaq 49th Investor Conference in London. David Goulden, Chief Financial Officer of Booking Holdings, will be speaking at the Nasdaq 49th Investor Conference in London on December 6 at 08:00 ET / 1:00pm GMT. The live audio cast of the presentation will be available to the public, with a replay available 24 hours later and remaining accessible for 12 months. This announcement highlights Booking Holdings' commitment to investor engagement and transparency.
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Priceline is offering its biggest Black Friday hotel sale ever, with deals for 30% or more off select hotels, 35% off select vacation packages, and mystery coupons. The sale includes over 10,000 hotels across 80+ countries, exclusive savings on popular destinations, and additional offers on rental cars and Express Deals®. Priceline has partnered with major travel companies to provide even more savings opportunities. The sale will be unveiled in three waves leading up to Cyber Monday. Priceline aims to make travel more affordable and convenient for the holiday season.
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OpenTable is offering 1,000 Uber Vouchers valued at $25 each to diners participating in San Francisco Restaurant Week. The promotion aims to boost dining demand in San Francisco, which has been trailing national levels. OpenTable is also leveraging its sponsorship of the APEC Summit to connect APEC attendees with local restaurants and help out-of-towners explore the SF dining scene. In addition, OpenTable and the City of San Francisco will gather local restaurants for a discussion with Mayor London Breed on the industry's needs and future plans.
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Booking Holdings (NASDAQ: BKNG) will release its third quarter 2023 financial results on November 2 at 4:00 p.m. ET. A conference call to discuss the results will be held at 4:30 p.m. ET on the same day. The event will be webcasted and audio replays will be available on the company's Investor Relations website for seven days.
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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
United States of America
NORWALK