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KAYAK is calling it: 2025 will be the Year of Long-Haul, Bucket List Trips
Prnewswire· 2024-12-16 15:39
Searches for Japan soar, Asia and Caribbean flight prices hit 3-year low and business class demand strengthensKAYAK Unveils its Data-Driven Travel Trends that will Define 2025STAMFORD, Conn., Dec. 16, 2024 /PRNewswire/ -- Travelers, get ready to flex those passports in 2025. According to data from KAYAK, the world's leading travel search engine, two-thirds of all flight searches on the platform for 2025 are for international flights. And the good news? International airfare in 2025 is cheaper than last year ...
Booking Holdings Inc. (BKNG) Nasdaq London Investor Conference (Transcript)
Seeking Alpha· 2024-12-11 22:33
Booking Holdings Inc. (NASDAQ:BKNG) Nasdaq London Investor Conference December 11, 2024 4:00 AM ET Company Participants Ewout Steenbergen - CFO Conference Call Participants Brian Nowak - Morgan Stanley Brian Nowak Okay. Good morning, everyone. Welcome to day two of the 2024 Nasdaq Tech Conference. We're really thrilled to have Booking Holdings with us today. Ewout Steenbergen joins us, the CFO of Booking Holdings. Thank you so much for joining us. Ewout Steenbergen Yes, good morning. Thanks, Brian. Brian No ...
Booking Holdings Inc. (BKNG) Nasdaq London Investor Conference (Transcript)
2024-12-11 22:33
Key Points Industry/Company - **Company**: Booking Holdings Inc. (NASDAQ:BKNG) - **Industry**: Travel and Online Travel Agencies (OTA) Core Views and Arguments - **Transformational Program**: Booking Holdings is implementing a transformational program aimed at growing the top line faster than fixed operating expenses (OpEx). This program includes cost reductions and reinvestment in growth initiatives. - **Cost Reductions**: The company expects to achieve run rate cost reductions of $400 million to $450 million. - **Reinvestment**: The majority of the cost savings will be reinvested in growth initiatives, such as flights, attractions, ride share, rental cars, U.S., Asia, payments, and fintech. - **Europe Growth**: Europe has been the largest business for Booking Holdings and has experienced high single-digit growth in the third quarter. - **U.S. Growth**: The U.S. market has been growing at a slower pace compared to Europe, but the company expects it to become stronger over time. - **Asia Growth**: Asia is a significant growth opportunity for Booking Holdings, with the region expected to experience the fastest economic growth over the next decade. - **Ancillary Opportunities**: Booking Holdings is investing in ancillary opportunities such as rental cars, flights, ride share, and attractions to enhance the customer experience and drive revenue growth. Other Important Points - **Employee Engagement**: The transformational program is also aimed at improving employee engagement and simplifying the organization. - **Customer Sentiment**: Consumer sentiment in Europe has been improving, leading to increased booking volumes and repeat customers. - **Alternative Accommodations**: Booking Holdings is focusing on expanding its alternative accommodation supply, particularly in the U.S., by targeting professionally managed properties. - **Flights**: The company has seen strong growth in its flight business, with a 39% increase in ticket sales in the last quarter. - **Rideshare**: Rideshare is one of the ancillary opportunities that Booking Holdings is exploring to provide a more comprehensive travel experience. - **Gen AI**: Booking Holdings is exploring the use of Gen AI to improve efficiency, enhance customer service, and create personalized travel experiences.
Carnival's Cunard Cruises to New Heights With Booking Surge in 2024
ZACKS· 2024-12-04 14:25
Carnival Corporation & Plc’s (CCL) Cunard is making waves in the luxury cruise industry with an extraordinary surge in guest bookings for 2024. During the period Jan. 1 and Oct. 31, 2024, the company reported 73,000 additional guest reservations compared to the same period in 2023, reflecting an impressive 23% year-on-year growth. The brand experienced a remarkable 49% increase in first-time guests compared to the same period in 2023.This surge in bookings marks the highest number of guests secured in any e ...
Booking Vs. Expedia: Which Travel Juggernaut Is The Better Buy?
Seeking Alpha· 2024-12-04 04:59
At PropNotes, we focus on finding high-yield investment opportunities for individual investors.With our background in professional Prop Trading, we make complex concepts easy to understand and offer clear, actionable advice to help you achieve better returns. All of the analysis we produce is designed to help you make smart decisions in the market, backed by expert research you won't find elsewhere. Follow us today and take control of your portfolio.Analyst’s Disclosure: I/we have a beneficial long position ...
Booking Holdings: An Underappreciated Dividend Growth Company
Seeking Alpha· 2024-12-03 14:54
I would define part of my investment strategy as a dividend growth strategy. I love investing in companies that have a strong, fast-growing dividend as well as capital appreciation. Over the past year, several notable businesses started their dividendI'm a 22-year-old Business & Finance student and have been actively investing since August 2022. My goal is financial freedom by 40 through investing in high-quality, dominant "compounding machines." I focus on long-term growth, looking for companies with durab ...
Why Is Booking Holdings (BKNG) Up 11.7% Since Last Earnings Report?
ZACKS· 2024-11-29 17:37
A month has gone by since the last earnings report for Booking Holdings (BKNG) . Shares have added about 11.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Booking Holdings due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Can BKNG's Solid Q3 Beat and Robust View ...
Booking Stock Up 45% This Year, What's Next?
Forbes· 2024-11-27 12:00
CHONGQING, CHINA - OCTOBER 30: In this photo illustration - The Booking.com app page is displayed on ... [+] a smartphone in front of the Booking Holdings logo on October 30, 2024 in Chongqing, China. (Photo by Cheng Xin/Getty Images)Getty ImagesAfter a 45% growth year-to-date, at the current price of around $5109 per share, we believe Booking Holdings (NASDAQ: BKNG), the world’s largest online travel agency that offers services from lodging to airline tickets to car rentals - looks appropriately priced. BK ...
Online Travel, Accommodation & Airline Booking Markets Report 2024-2026: Accommodations Market Sees Surge in Mobile and OTA Bookings, Airline Industry Adapts to Evolving Digital and Consumer Trends
GlobeNewswire News Room· 2024-11-27 09:11
Dublin, Nov. 27, 2024 (GLOBE NEWSWIRE) -- The "Online Travel, Accommodation & Airline Booking Markets 2024" report has been added to ResearchAndMarkets.com's offering. Online Travel Bookings to Reach 65% of Global Market by 2026 and Online Travel Market to Exceed €1 Trillion by 2032 Digital platforms, including OTAs, social media, and mobile apps, are reshaping the global travel market. By 2026, 65% of bookings will be made online, with mobile devices driving over half of travel website traffic. AI and per ...
Brokers Suggest Investing in Booking Holdings (BKNG): Read This Before Placing a Bet
ZACKS· 2024-11-25 15:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Booking Holdings (BKNG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Booking Holdings currently has an ...