Booking Holdings Stock Price, News & Analysis

Priceline is launching a Summer Sale on June 20 to help travelers save amid rising costs, with hotel rates up 14% and airfares up 39% compared to last year. The company also introduces the VIP Family feature in its loyalty program, allowing members to pool their status and unlock greater savings. Affordable destinations for Fourth of July travel have been analyzed, with rates below $155 per night. The Summer Sale includes discounts on hotels and special codes for additional savings.

Affirm has partnered with Agoda, part of Booking Holdings, to offer travelers flexible payment options. Customers can now book hotels through Agoda's platform and split payments for bookings over $50 into biweekly or monthly installments, starting at 0% APR. This initiative aims to make travel more accessible, especially for those who prefer to pay over time. Agoda joins over 200,000 retail partners of Affirm, enhancing customer reach and driving sales growth.

Booking.com announces its Ultimate Elvis Experience, a two-night stay at The Guest House at Graceland in Memphis, Tennessee, celebrating the upcoming film Elvis by Baz Luhrmann. Available from June 11 to June 13, 2022 for $19.57, this experience includes exclusive perks such as a screening of the film, a tour of Graceland Mansion, and behind-the-scenes access to Elvis attractions. Reservations open on June 9, 2022, at 12 p.m. ET.

Booking Holdings (NASDAQ: BKNG) announced that CEO Glenn Fogel and CFO David Goulden will speak at the Cowen 50th Annual Technology, Media & Telecom Conference on June 2, 2022, at 10:50 am ET. A live audio cast of the presentation will be publicly available at ir.bookingholdings.com, with a replay accessible for 90 days. Booking Holdings operates several leading travel brands, providing services in over 220 countries. For more information, visit bookingholdings.com.

Booking Holdings (NASDAQ: BKNG) announced that CFO David Goulden will present at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on May 25th at 1:50 pm ET. The presentation will be accessible via live audio cast to the public at ir.bookingholdings.com, with a replay available for 30 days. Booking Holdings operates in over 220 countries and territories through brands including Booking.com and Priceline, aiming to simplify global travel experiences.

According to the Priceline Wedding Travel Report, 57% of Americans plan to attend more weddings this year, driven by the desire to celebrate after pandemic delays. The report indicates that the average cost for attending a wedding is over $2,700, stressing budgets, especially for Gen Z. Additionally, 59% report that high wedding costs hinder their vacation savings. With inflation rising, 81% say finding travel deals is critical. Priceline emphasizes its commitment to savings, stating it saves customers over $1 billion annually, with up to $625 savings through bundled bookings.

Agoda has partnered with Visa to introduce interest-free credit card instalments for bookings on its platform, making it the first OTA to offer this in the Asia Pacific. Initially available to HSBC Bank Malaysia credit card holders, the rollout will expand regionally to countries like Australia, Singapore, and Thailand. This initiative aims to accommodate changing consumer behaviors post-pandemic by providing flexible payment options. Agoda, part of Booking Holdings (BKNG), emphasizes its commitment to enhancing digital experiences for travelers.

Booking Holdings (NASDAQ: BKNG) will announce its first quarter financial results on May 4, 2022, at approximately 4:00 p.m. ET through a press release on its Investor Relations website. A conference call will follow at 4:30 p.m. ET to discuss these results. The event will also be available for webcast. Booking Holdings is a leader in online travel, offering services via its popular brands, including Booking.com, Priceline, and Kayak.

Lower, the fintech with Ohio's largest Series A funding, has appointed Gautam Kumar as its first Chief Financial Officer. Kumar, previously CFO at Rocket Travel, Inc. (acquired by Bookings Holdings), will lead the company's financial strategies and growth initiatives. His leadership comes as Lower has been recognized by CB Insights as a potential public company and featured in Fast Company's list of innovative finance firms. Kumar aims to enhance customer experiences and promote wealth building through homeownership.