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Booking Holdings Inc. (BKNG) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-11-22 15:16
Have you been paying attention to shares of Booking Holdings (BKNG) ? Shares have been on the move with the stock up 20.1% over the past month. The stock hit a new 52-week high of $5211.66 in the previous session. Booking Holdings has gained 46.9% since the start of the year compared to the 24.8% move for the Zacks Retail-Wholesale sector and the 30.2% return for the Zacks Internet - Commerce industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it ...
Rocket Travel by Agoda Shares Revealing New Report and Showcases Solution to Transform Hotel Distribution
Prnewswire· 2024-11-21 02:30
A new report by Rocket Travel by Agoda and Skift highlights critical challenges in wholesale distribution, including rate integrity and lack of control, with Rocket Travel by Agoda's innovative solution providing a clear path forward for hoteliers to regain control and increase revenue.SINGAPORE, Nov. 21, 2024 /PRNewswire/ -- Data-driven insights, advanced technologies, and strategic partnerships are critical puzzle pieces for today's hotel chains as they struggle to navigate increasingly complex wholesale ...
OpenTable Serves Up 2025 Dining Predictions
Prnewswire· 2024-11-19 14:45
Plus, OpenTable Debuts its Top 100 Restaurants in America for 2024 Featuring Diner-Obsessed SpotsSAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- OpenTable, a global leader in restaurant technology, reveals the trends and consumer behavior that reshaped the culinary landscape, with out-of-the-box dining habits gaining momentum through 2025. Another standout trend among OpenTable's new consumer research is optimism for dining out next year, with 54% of respondents planning to dine out more next year than they di ...
US Bank Launches Travel Planning Partnership With Booking.com
PYMNTS.com· 2024-11-18 17:50
U.S. Bank has launched a travel booking platform for its credit card holders.The U.S. Bank Travel Center with Booking.com, announced Monday (Nov. 18), lets cardholders reserve flights, rental cars and hotels via Rocket Travel by Agoda’s booking technology and travel planning expertise.“Whether paying for travel with points or cash, our cardholders will enjoy the convenience of planning their travel through a robust, easy-to-navigate online booking experience,” Steve Mattics, head of U.S. Bank Retail Payment ...
Booking Holdings Shares Rise 40% YTD: Is it the Right Time to Jump In?
ZACKS· 2024-11-15 16:00
Booking Holdings’ (BKNG) shares have gained 40% year to date (YTD), compared with the Zacks Retail-Wholesale sector’s growth of 26.7%. It has also outperformed the Zacks Internet-Commerce industry and its peers like Alibaba (BABA) , BigCommerce (BIGC) and Beyond, Inc. (BYON) .In the same time frame, shares of BABA have gained 17.3%, while shares of BIGC and BYON have lost 36.5% and 77.7%, respectively. The industry has appreciated 36%. This outperformance of BKNG’s shares can be attributed to the strong top ...
Booking Holdings Inc. to Present at the Nasdaq 51st Investor Conference
Prnewswire· 2024-11-14 15:00
NORWALK, Conn., Nov. 14, 2024 /PRNewswire/ -- Booking Holdings (NASDAQ: BKNG) today announced that Chief Financial Officer Ewout Steenbergen will speak at the Nasdaq 51st Investor Conference, held in association with Morgan Stanley at the May Fair Hotel in London, on December 11, beginning at 4:00 am ET / 9:00 am GMT. A live audio cast of the presentation will be available to the public at https://ir.bookingholdings.com/events. A replay will be available approximately 24 hours later and will remain availabl ...
Hotels on Booking.com can offer better rates elsewhere: EU
Techxplore· 2024-11-14 14:51
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The European Commission said the changes will allow hotels and other relevant travel service providers to develop more innovative deals and tailored offers. Hotels listed by online travel giant Booking.com in Europe are now free to offer better rates elsewhere, the European Commission said Thursday as new rules on the platform c ...
Booking Holdings: A Quick Recovery, But The Stock Is Expensive Again
Seeking Alpha· 2024-11-12 18:01
Only a quarter ago, the mood around the travel industry was pessimistic. And despite continued macro concerns in the U.S. around weaker consumer spending, it didn’t take long for interest rate cuts and Trump’s reelection to change the tone immediately.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been ...
Booking Holdings: Market Share Gains And Margin Expansion At A Reasonable Price
Seeking Alpha· 2024-11-12 11:41
Just when things started to look a bit gloomy for Booking Holdings (NASDAQ: BKNG ), following a mediocre second quarter, shares went on a tear, in a sharp surge that culminated in a much better-than-expected third-quarter print.I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates. ...
Priceline Unveils Biggest Deals of the Year with Savings as Much as 99% Off this Holiday Season
Prnewswire· 2024-11-11 11:55
Introducing Priceline's First-Ever '10 Days of Deals' Plus Major Savings on Black Friday, Cyber Monday, and Travel TuesdayNORWALK, Conn., Nov. 11, 2024 /PRNewswire/ -- Today, Priceline announced its annual Black Friday and Cyber Monday sale to kick off the holiday season. Delving into its wealth of traveler data, Priceline created its biggest sale of the year with holiday deals across flights, hotels, rental cars, cruises, vacation packages and activities to trending destinations. Priceline will unveil its ...