Sector: Consumer Discretionary|Industry: Travel Services|Market Cap: $174.38B|Employees: 23.6K
Booking Holdings Inc. is a global leader in online travel and related services, connecting travelers with a wide range of options including accommodations, flights, rental cars, and activities. The company operates through multiple brands, including Booking.com, Priceline, Agoda, KAYAK, and OpenTable, leveraging technology to provide a seamless booking experience. Booking Holdings' primary revenue streams are derived from travel reservation commissions, transaction net revenues, advertising services, and restaurant reservations, with a strong presence in key markets across Europe, Asia, and North America.
Booking Holdings Inc. is a leading provider of online travel and restaurant reservation services, connecting consumers with travel service providers through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable. The company's mission is to make it easier for everyone to experience the world by offering a best-in-class travel experience with tailored options, connecting consumers with travel service providers. Despite global challenges like wars and inflation, Booking Holdings achieved record annual room nights in 2023 and continued growth in key markets.
Additional executive and board member information is available in the company's proxy statement.
Booking Holdings offers a range of travel and restaurant reservation services through its various brands:
Booking Holdings operates as one reportable segment, encompassing all of its brands and services.
Booking Holdings aims to maintain its global leadership in online travel by focusing on user experience, comprehensive choices, partner success, and sustainable operations. Key initiatives include leveraging technology for personalized services, expanding service offerings and geographic presence, improving loyalty programs, integrating AI, and investing in profitable and sustainable growth. The company also pursues strategic acquisitions and partnerships.
Booking Holdings operates in the highly competitive online travel industry, competing with online and traditional travel agencies, meta-search engines, travel service providers, and technology companies. The market is characterized by rapid technological advancements and evolving consumer preferences.
(Generated from latest 10-K filing)