Booking Holdings Stock Price, News & Analysis

On May 11, 2021, KAYAK reported a significant surge in summer travel searches, with increases of up to 70% month-over-month. The company introduced its 'Return to Travel' Hacker Guide, aiding travelers in navigating post-pandemic destinations and trends. Key highlights include a resurgence of interest in Caribbean destinations, a 68% rise in solo travel searches particularly to South America, and a boom in group travel to warm locations. KAYAK also emphasized the importance of early rental car bookings as prices rise due to increased demand, especially in outdoor destinations like Florida and Hawaii.

Booking Holdings will release its first quarter 2021 financial results on May 5 at 4:00 p.m. ET. A conference call will follow at 4:30 p.m. ET to discuss these results, available via webcast. Booking Holdings, listed under BKNG, is the leading global online travel and services platform, operating brands such as Booking.com and Priceline across over 220 countries. This financial disclosure is vital for investors assessing the company’s performance and market position.

OpenTable, a subsidiary of Booking Holdings (NASDAQ: BKNG), reports a dramatic increase in Mother’s Day reservations, up 64% compared to 2019 levels, indicating a robust demand for family dining experiences post-pandemic. A survey revealed 43% of Americans would dine out for Mother’s Day if restaurants provided complimentary professional family photos. To enhance the celebration, OpenTable has partnered with 14 restaurants across the U.S. to offer these memories free of charge, contributing to the anticipated resurgence of family gatherings.

Booking Holdings (NASDAQ: BKNG) is set to announce its first quarter 2021 financial results during a conference call on May 5, 2021, at 4:30 p.m. ET. The event will be accessible via webcast on the company's Investor Relations website. A financial results release will be posted online by 4:00 p.m. ET on the same day. This call will provide insights into the company's performance during the first quarter of 2021, which is crucial for investors looking to gauge future performance amidst ongoing market changes.

Priceline's latest report highlights emerging travel trends as the industry rebounds from the pandemic. With leisure travel surging, destinations like Las Vegas, Hawaii, and Orlando are gaining popularity. The average hotel rate in Las Vegas is $87, with several other cities offering deals under $140. Travelers are increasingly favoring local exploration and last-minute bookings, with a noted 47% increase in advanced hotel bookings compared to 2020. Since its inception, Priceline has saved consumers over $15 billion on travel.

Viator and Booking.com have announced a global partnership to integrate Viator's extensive range of attractions, tours, and activities into Booking.com. This collaboration will initially focus on North America and Europe, expanding to additional locations in the coming months. The partnership aims to enhance travelers' experiences by providing more options as the travel industry recovers. Viator, a Tripadvisor company, boasts nearly 400,000 bookable experiences, promising added value for both Booking.com customers and Viator's global tour operators.

KAYAK, part of Booking Holdings (NASDAQ: BKNG), is set to launch KAYAK Miami Beach in April 2021. This boutique hotel aims to enhance guest experiences using KAYAK's app for contactless check-ins and personalized services. The hotel will function as a design lab for KAYAK, focusing on technological advancements for independent hotels in collaboration with Life House. Rates start at approximately $229 for a Cozy King room, with reservations available now. This venture will refine KAYAK's accommodation technology and broaden its offerings in the hospitality sector.

Booking Holdings (NASDAQ: BKNG) announced that CEO Glenn Fogel and CFO David Goulden will speak virtually at the Bank of America Merrill Lynch 2021 Consumer & Retail Technology Conference on March 10, 2021, at 8:30 am ET. A live audio cast will be accessible to the public via their investor relations website, and a replay will be available for 14 days. As a leader in online travel services, Booking Holdings operates in over 220 countries through brands like Booking.com, Priceline, and Agoda.