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Booking Sees Resilient Travel Demand, Touts AI-Powered Connected Trip Growth
MarketBeat11d agoneutral
Booking Sees Resilient Travel Demand, Touts AI-Powered Connected Trip Growth

Booking (NASDAQ:BKNG) Chief Financial Officer Ewout Steenbergen said the company’s second-quarter performance reflected resilient travel demand, with booking trends improving from June after consumers initially delayed plans amid conflict in the Middle East. Speaking at a conference, Steenbergen sa

Booking (BKNG) Stock Trades Down, Here Is Why
StockStory14d agoneutral
Booking (BKNG) Stock Trades Down, Here Is Why

Shares of online travel agency Booking Holdings (NASDAQ:BKNG) fell 4.8% in the afternoon session after the European General Court upheld an EU antitrust decision blocking its planned 1.63 billion euro acquisition of ETraveli Group, according to Tipranks. The ruling dealt a blow to Booking's growth strategy, disrupting a key part of the company's expansion plans. By affirming the antitrust veto, the European General Court prevents the completion of the 1.63 billion euro transaction, leaving the t

Booking (BKNG): Buy, Sell, or Hold Post Q2 Earnings?
StockStory22d agoneutral
Booking (BKNG): Buy, Sell, or Hold Post Q2 Earnings?

Over the past six months, Booking has been a great trade, beating the S&P 500 by 5.5%. Its stock price has climbed to $196.08, representing a healthy 17.3% increase. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

Rosenblatt Sees Booking (BKNG) as the Best-Positioned Online Travel Agency Despite Challenges
Insider Monkey23d agoneutral
Rosenblatt Sees Booking (BKNG) as the Best-Positioned Online Travel Agency Despite Challenges

Shares of Booking Holdings Inc. (NASDAQ:BKNG) have underperformed the broader market so far this year. As of September 1, the stock was down 6.66% year-to-date, while the S&P 500 Index has rallied 11.65%. Despite this, there are plenty of reasons for optimism. On August 31, Rosenblatt initiated coverage of Booking Holdings Inc. (NASDAQ:BKNG), giving the […]

Airbnb (ABNB) Hits a 4-Year High While Booking Holdings (BKNG) Trims its Outlook
Insider Monkey34d agoneutral
Airbnb (ABNB) Hits a 4-Year High While Booking Holdings (BKNG) Trims its Outlook

On August 7, Airbnb, Inc. (NASDAQ:ABNB) shares surged to a more than four-year high after the company raised its full-year revenue forecast. The firm gave artificial intelligence credit for cutting costs and speeding up how fast it ships new features. Its competitor Booking Holdings Inc. (NASDAQ:BKNG) had a rougher time delivering good news: On August […]

How to Lead When You’re the CEO of CEOs
The Wall Street Journal38d agoneutral
How to Lead When You’re the CEO of CEOs

What does it mean to be a CEO who manages four other CEOs? It’s all just “titles, titles, titles,” says Glenn Fogel, the head of Booking Holdings. As president and chief executive, he oversees the chief executives of Priceline, Agoda, Kayak and OpenTable.

Even the CEO of Booking.com Is Fed Up With Travel These Days
The Wall Street Journal41d agoneutral
Even the CEO of Booking.com Is Fed Up With Travel These Days

Flight delays, interminable waits on the tarmac—Booking.com CEO Glenn Fogel knows all about travel frustrations firsthand: “You can’t believe you even bothered.” Booking.com and sister brands like Priceline, Kayak and OpenTable are pouring hundreds of millions into AI tools to smooth out travel hiccups. “When we start doing that,” says Fogel, who also helms parent company Booking Holdings, “that’s when I’ll feel OK, now we really are a good AI travel agent on your phone and in your pocket.”