booking.com
Booking Holdings Beats Quarterly Profit Estimates on Healthy International Travel
October 31, 2024
(Reuters) - Online travel agency Booking Holdings beat analysts' expectations for third-quarter profit and revenue on Wednesday, as resilient demand for international travel offset the weakness in domestic travel in the U.S. and China. Shares of the company rose 4.3% after the bell. International travel demand in Europe and many Asian countries has remained steady, making up for the domestic travel slump in the U.S. and China as consumer spending falls amid macroeconomic difficulties. "We are pleased to report third-quarter room night growth of 8%, which exceeded our prior expectations, driven primarily by stronger performance in Eur...
Digital Trends in Accommodation: Hotels, Booking.com and DMA
HOTREC | July 8, 2024
The European hotel industry has long been warning of unfair business practices from OTAs. Competition and collaboration are crucial for the hospitality sector, but create challenges that impact prices, operations, and guest experiences. As the largest OTA, Booking.com is now a gatekeeper platform under the DMA. The dominant platform will finally have to comply to the new digital rules. This should allow hotels to offer better prices on their own distribution channels. The results of our 2024 Hotel Distribution Study confirm the need for new digital rules that will ensure fair competition in the hotel accommodation sector. The findings...
Amazon, Booking.com, Expedia Group, Glassdoor, Tripadvisor, and Trustpilot Launch First Global Coalition for Trusted Reviews
Tripadvisor | October 17, 2023
The cross-industry companies are united by a shared commitment to protecting access to trustworthy reviews worldwide, ensuring consumers can make informed purchase decisions NEEDHAM, Mass., Oct. 17, 2023 -- Today, Amazon, Booking.com, Expedia Group, Glassdoor, Tripadvisor, and Trustpilot announced they have teamed up to launch the global Coalition for Trusted Reviews, a cross-industry collaboration committed to protecting access to trustworthy consumer reviews worldwide. Together, members will define best practices for hosting online reviews and sharing methods of fake review detection, aiming to stop fake reviews at the source. The Coal...
Business Travel Trends and Behaviors of Small to Mid-Sized Companies
Booking.com | August 10, 2023
Business travel is the second highest expense for companies, coming in just behind payroll and perks. But how do these travel expenses and experiences differ between businesses? And what trends and behaviors are currently commonplace in business travel? How regularly do business travelers travel Business travel by company size Geographical influences on business travel International vs domestic business travel How much do companies spend on business travel? Which aspects of business travel are most commonly booked by companies? Why do employees travel for business? Conclusion Methodology Sources Booking.com...
Cost vs Conscience: Booking.com Delves Into the Dilemma Dividing Sustainable Travel in 2023
Booking.com | April 21, 2023
NEW YORK, APRIL 21, 2023 – Booking.com releases new research, with insights gathered from more than 33,000 travelers across 35 countries and territories, that highlights a dilemma where people feel potentially forced to choose between cutting costs and being more mindful about making more sustainable travel choices. At a time of general global uncertainty, traveling more sustainably continues to be front of mind for US travelers, with two thirds (67%) believing people need to act now and make more sustainable choices to save the planet for future generations. The news continues to be a key influence driver for 44%, who say the recen...
Booking.com Shares Travel Predictions for 2023
October 21, 2022
Travelers are set to make 2023 a big year for getting out and exploring the world. Excited about the year ahead, Booking.com has conducted extensive research to reveal the travel trends of 2023, including where travelers want to go, their inspirations for traveling, and how budget plays a big role in their plans. 2023 will be the year of reimagining travel As the world adapts to “the new normal” following a period of limited international travel and national lockdowns, travelers are eager to get out and see the world in earnest. As travel restrictions and Covid testing become a thing of the past, research reveals that 73% of people...
Booking.com Reveals the Challenges LGBTQ+ Travelers Still Face and Highlights Ways for a More Inclusive Travel Experience for Everyone
Booking,com | June 14, 2022
NEW YORK, JUNE 14 2022: The term ‘travel’ and its connotations should denote positive experiences, adventure and enjoyment. Yet for many LGBTQ+ travelers from around the world, the reality of traveling can often paint a very different picture, with new research from leading digital travel platform Booking.com revealing that 72% of LGBTQ+ US travelers have experienced less than welcoming, or uncomfortable, experiences when traveling. The most extensive LGBTQ+ travel research from Booking.com to date shines a light on attitudes, concerns and travel preferences, as well as past stay experiences, current realities and hopes for a more inclus...
Climate, Community and Choice: Booking.com Reveals the Trends Shaping Sustainable Travel in 2022
April 14, 2022
LONDON - April 14, 2022 -Today Booking.com released new research, with insights gathered from more than 30,000 travellers across 32 countries and territories. It highlights that the impact of their trips remains top of mind for many travellers, with 57% of those from the UK saying that they want to travel more sustainably over the coming 12 months. This demonstrates a 27% increase over what was surfaced through the company’s 2021 data. With 71% of travellers confirming that sustainable travel is important to them, almost half of all respondents (42%) cited that recent news about climate change has influenced them to make more sustainabl...
