tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Booking CEO ‘pleased’ with ‘strong second quarter’

“We are pleased to report a strong second quarter with 8% room night growth and a double-digit increase in gross bookings and revenue, reflecting disciplined execution against our strategic initiatives. We reached a milestone with Connected Trip transactions, where customers choose to book more than one travel vertical with us, representing a low double-digit share of Booking.com’s total transactions and up over 30% year-over-year. This was driven by healthy growth across our other verticals, including flight tickets up 44%. We’re encouraged by this progress and remain focused on these and other long-term growth drivers that create meaningful value for our travelers and partners,” said Glenn Fogel, Chief Executive Officer of Booking Holdings (BKNG).

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1