Booking Holdings Stock Price, News & Analysis

Booking Holdings (NASDAQ: BKNG) announced that CEO Glenn Fogel and CFO David Goulden will present at the Bank of America Merrill Lynch 2022 Consumer & Retail Technology Conference on March 8th at 1:50 pm ET. Investors and the public can access a live audio cast of the presentation here. A replay will be available for 14 days. Booking Holdings is a leading online travel provider operating across six major brands in over 220 countries.

Booking Holdings (NASDAQ: BKNG) will release its fourth quarter and full year 2021 financial results on February 23, 2022, at 4:00 p.m. ET. A conference call will follow at 4:30 p.m. ET to discuss the results, which will also be webcasted. Investors can access the press release on the company's Investor Relations website. Booking Holdings is a leading provider of online travel services, operating through brands like Booking.com, Priceline, and others in over 220 countries.

OpenTable, part of Booking Holdings (BKNG), announces Valentine's Day celebrations, featuring a pop-up chapel for weddings at L'industrie in Brooklyn. As dining returns post-COVID, 34% of U.S. adults haven't dined out for Valentine's Day since 2019. Reservations are up 30% this year nationwide. OpenTable reveals its list of the 100 Most Romantic Restaurants in the U.S., based on over 12.4 million diner reviews, with California leading the list. Steakhouses dominate 37% of the selections, highlighting a trend despite the rise of plant-based options.

On February 3, 2022, Cruise Critic, a subsidiary of Tripadvisor, announced a partnership with KAYAK to enhance cruise offerings on KAYAK's platform. This collaboration allows KAYAK users to search for cruises directly, accessing Cruise Critic's extensive itineraries and reviews. The partnership aims to capitalize on the recovering cruise industry and boost bookings as demand rises. Mark Patscher, Senior Director at Cruise Critic, expressed excitement over increasing traffic through this strategic alliance, which is timely for the upcoming wave season.

Priceline has launched a new brand campaign featuring actress Kaley Cuoco, emphasizing the joy of travel savings. This multichannel campaign, created by dentsu One, showcases how Priceline helps travelers save, allowing for more enriching experiences. Priceline claims to save travelers $1 billion annually and is offering an introductory discount of $100 off $500 Express Deals until February 6, 2022, using code SAVEMORE100. CEO Brett Keller emphasizes that more savings translate to better travel opportunities, underscoring the campaign's relevance in a post-pandemic travel landscape.

Booking Holdings (NASDAQ: BKNG) plans to hold a conference call on February 23, 2022, at 4:30 p.m. ET to discuss its fourth quarter and full year 2021 financial results. The call will be webcast and available for replay on their Investor Relations website. A financial results release will also be posted at approximately 4:00 p.m. ET on the same day.

Booking Holdings operates six major brands, serving consumers in over 220 countries.

On Jan. 13, 2022, KAYAK for Business announced the integration of Southwest Airlines into its travel platform, enhancing the booking process for corporate travel. Travelers can now access Southwest’s low fares, utilize Rapid Rewards points, and manage bookings flexibly. The platform serves over 10,000 businesses, introducing features for trip changes and payments using unused tickets. KAYAK aims to streamline options for business travelers, providing greater visibility and control over travel expenses without charge.

Booking Holdings Inc. (NASDAQ: BKNG) has finalized its acquisition of Getaroom from Court Square Capital Partners for roughly $1.2 billion. Getaroom, a B2B distributor of hotel rooms, will integrate into Booking's Priceline brand, establishing a new Strategic Partnerships unit. CEO Brett Keller emphasized the merger's potential to enhance value for hotel and affiliate partners. Getaroom will maintain its headquarters in Dallas, led by its current CEO Matt Davis.

Priceline's annual travel recap reveals a busy 2021 for American travelers, with significant discounts in major cities—up to 27% less in hotel costs. Las Vegas remains a top destination, with Myrtle Beach identified as the most affordable flight destination at $261. Looking towards 2022, hotel costs are forecasted to rise by 18% and flight prices by 32%. Priceline emphasizes its commitment to providing affordable travel options, introducing a VIP Loyalty Program to assist customers amid rising travel costs. The ongoing 'Season of Savings' event offers further discounts until January 2, 2022.