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Booking Holdings CEO: We'll continue to do well as long as the world economy continues to grow
Booking HoldingsBooking Holdings(US:BKNG) Youtubeยท2025-10-29 12:26

Core Insights - Booking Holdings reported strong earnings, exceeding Wall Street estimates, indicating robust performance in the online travel sector [1][2] - The company is experiencing growth across various regions, with high single-digit growth in the US and Europe, and low double-digit growth in Asia and other parts of the world [4] Business Performance - The CEO highlighted that travel demand is strong globally, with a significant number of people seeking travel experiences for social media [3][4] - The company benefits from a diverse customer base across different economic strata, allowing it to perform well regardless of economic conditions [5][6] Technological Integration - The rise of artificial intelligence (AI) is influencing how consumers research and plan their trips, with many starting their journey through AI-driven platforms [7][8] - Booking Holdings is actively integrating AI into its applications, positioning itself as a leader in utilizing AI for travel planning [9][10] Customer Loyalty - Approximately 60% of customers access Booking Holdings directly, with over 30% of active travelers in higher loyalty program tiers contributing significantly to room nights booked [15][16] - The company acknowledges the loyalty of customers to specific hotel brands but aims to attract incremental customers from regions not targeted by those brands [17]