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Booking Holdings beats results estimates on steady travel demand, shares up
Reutersยท 2025-10-28 21:00
Core Insights - Booking Holdings exceeded Wall Street expectations for third-quarter revenue and profit, driven by an increase in customers bundling their reservations on the platform and consistent travel demand [1] Group 1: Financial Performance - The company reported higher revenue and profit compared to analysts' forecasts, indicating strong operational performance [1] - The bundling of reservations has contributed significantly to the revenue growth, showcasing a shift in consumer behavior towards more comprehensive travel packages [1] Group 2: Market Trends - Steady travel demand has been a key factor supporting the company's growth, reflecting a resilient travel industry despite potential economic uncertainties [1]