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 ...

Core Insights - The report by Rocket Travel by Agoda and Skift emphasizes the challenges in wholesale distribution for hotel chains, highlighting the need for improved control and revenue generation strategies [1][2][3] Industry Challenges - Hotel chains face complex wholesale distribution channels that lack visibility and control over room pricing, leading to inflated sales costs due to reliance on middlemen [3][4] - A significant revenue loss of 10% or more is estimated for hotels due to ineffective management of wholesale rate distribution [4] Solutions Offered - Rocket Travel by Agoda provides a solution that enhances rate integrity, control over partnerships, and data-driven insights to align revenue management with operational goals [4][6] - The platform has shown effectiveness, with a partner hotel chain improving its rate parity score from 40% to 76% over eight months [5] Recommendations for Hoteliers - Hoteliers are encouraged to adopt a data-driven approach to track key metrics and develop optimized strategies [6] - Investment in advanced technologies for rate parity monitoring is recommended to enhance transparency and control [6] - Establishing strategic partnerships with aligned brands can extend market reach and improve negotiation terms [6]

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 ...

Group 1: U.S. Bank Travel Center Launch - U.S. Bank has introduced a travel booking platform for credit card holders, named U.S. Bank Travel Center, in collaboration with Booking.com [1] - The platform allows cardholders to book flights, rental cars, and hotels using Rocket Travel's technology and expertise [1][2] - Cardholders will benefit from special travel discounts, 24/7 service, same-day booking capabilities, and access to over 2.4 million properties worldwide [3] Group 2: Enhancements in Travel Experience - The new platform aims to enhance the travel planning and booking experience with improved site navigation and cutting-edge technology [2] - U.S. Bank emphasizes the convenience of planning travel with either points or cash, catering to modern traveler demands [2] - The introduction of new cardholder benefits and rewards is part of the platform's offerings [3] Group 3: Industry Insights on Payment Systems - Airlines are facing challenges with legacy payment systems amid increasing passenger volumes and operational complexities [4] - The industry is shifting towards viewing payments as a revenue engine, prompting some airlines to consider internal payment orchestration systems [5] - Optimizing payment methods and personalizing customer experiences are crucial for revenue growth in the travel industry [6]

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 ...

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 ...

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 ...

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 ...

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. ...

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 ...