Booking Holdings Stock Price, News & Analysis

OpenTable has relaunched its State of the Industry dashboard, incorporating new datasets from its global network of 55,000 restaurants. Key findings from March 2023 include:

• Late-night dining increases: Dining at 8 PM and 9 PM rose significantly, particularly on Mondays and Thursdays.
• Wednesdays and Thursdays are trending: These days saw a rise in dining across various hours, with notable increases in lunchtime participation.
• Year-over-Year stability: Seated diners in March 2023 saw a slight 4% decrease YoY, contrasting with increases in January and February.

34% of diners reported dining out less to save money, a drop from 40%. Despite economic challenges, CEO Debby Soo expressed optimism about continued dining interest as warmer weather approaches.

Booking Holdings (NASDAQ: BKNG) announced a conference call to discuss its Q1 2023 financial results on May 4, 2023, at 4:30 p.m. ET. The call will be accessible via a live webcast on the company’s Investor Relations website, with a replay available for seven days post-event. The results will be published at approximately 4:00 p.m. ET on the same day. This announcement emphasizes the company’s ongoing commitment to transparency and engagement with its investors as it prepares to share insights into its financial performance.

Booking.com has become the Official Online Travel Partner of Major League Baseball (MLB) in the United States. This long-term partnership aims to facilitate baseball-inspired travels for fans across the country. A recent survey indicated that 49% of U.S. baseball fans plan to attend an MLB game this year, with 61% willing to travel up to 500 miles. Booking.com will offer a range of accommodations and has created a user-friendly booking experience through digital integrations with MLB's platforms. The initiative includes promotional deals to encourage fan travel, along with a focus on affordability and convenience for attendees.

Booking Holdings (NASDAQ: BKNG) will release its fourth quarter and full year 2022 financial results on February 23, 2023, at approximately 4:00 p.m. ET. Following the release, a conference call is scheduled for the same day at 4:30 p.m. ET, where company executives will discuss the results. This event will be webcasted and available for replay on the company's Investor Relations website for seven days. The company is recognized as a leader in the global online travel industry, providing services across six major brands in over 220 countries and territories.

Priceline has launched a new brand campaign titled 'Go To Your Happy Price,' debuting on February 12, 2023, with over $5 million in hidden travel deals. The campaign features actress Kaley Cuoco and aims to make travel more accessible by reducing price barriers. Notable deals include $1,000 off Priceline Hotel Express Deals, 99% off travel to Maui and Cancun, and $500 off trips to California. A survey revealed 76% of U.S. workers feel happier when they travel, yet many cite price as a hindrance. This is Priceline's first new brand platform in four years, showcasing their commitment to making travel essential to consumer joy.

Booking.com has announced an engaging new ad campaign featuring Melissa McCarthy, set to launch during the 'big game' on February 12. The campaign promotes the idea that booking travel can be as fun as the trip itself, encouraging travelers to find 'Somewhere, Anywhere'. To celebrate, Booking.com will also give away $500,000 in travel credits, with 50 winners receiving $10,000 each. The campaign highlights that 73% of U.S. travelers enjoy booking trips and emphasizes Booking.com's status as the most downloaded online travel app in the U.S., aiming to inspire more Americans to travel this year.

Booking Holdings (NASDAQ: BKNG) plans to host a conference call to discuss its fourth quarter and full year 2022 financial results on February 23, 2023, at 4:30 p.m. ET. The call, which will be available via webcast, highlights the company's upcoming financial performance metrics. The official earnings release will be posted on the Investor Relations website at 4:00 p.m. ET on the same day. Booking Holdings operates several leading travel brands, focusing on enhancing global travel experiences.