Welcome to our dedicated page for Booking Holdings news (Ticker: BKNG), a resource for investors and traders seeking the latest updates and insights on Booking Holdings stock.
Booking Holdings Inc. (BKNG) operates the world's leading digital travel ecosystem through brands like Booking.com, KAYAK, and OpenTable. This news hub provides investors and industry professionals with essential updates about strategic initiatives, financial performance, and technological advancements shaping the online travel sector.
Discover official press releases covering quarterly earnings, partnership announcements, and innovation in AI-driven travel solutions. Our curated collection simplifies tracking regulatory developments, market expansions, and leadership changes impacting this NASDAQ-listed industry leader.
All content is organized to help users efficiently analyze BKNG's position in the competitive travel technology landscape. Bookmark this page for real-time updates on operational milestones, sustainability initiatives, and consumer experience enhancements across Booking Holdings' global platforms.
Ramp has launched Ramp Travel, a new integrated travel booking product, in partnership with Priceline Partner Solutions. The tool aims to simplify booking and managing business travel by leveraging AI, automations, and Ramp's expense management system. Travel and entertainment spend on Ramp's platform has grown from 10% to 20% of annual card spend since 2021, and this number is expected to rise as corporate travel demand returns to pre-pandemic levels. The new product offers access to Priceline's global inventory and rates, integrates deeply with Ramp's existing features to eliminate cumbersome processes, and provides real-time insights into travel expenses. Ramp Travel is part of Ramp's broader strategy to expand its platform capabilities, following a $150 million raise in April 2023. The product is available now for existing customers, aiming to streamline travel bookings, automate expense workflows, and provide cost controls and insights to businesses.
Booking Holdings (NASDAQ: BKNG) will be represented by CEO Glenn Fogel at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 20th. The presentation will be available via live audio cast and replay for 30 days.
In May 2024, KAYAK released its Summer 2024 Travel Forecast, showcasing a 13% decrease in domestic and 3% decrease in international airfare compared to 2023. The report highlights top trending destinations, wallet-friendly hotspots, and travel tips for the upcoming season. Travelers can expect cheaper flights over holiday weekends and should plan international trips post-July 4th for lower airfares.
Southwest Airlines introduced Cash + Points, a new flexible payment option for Rapid Rewards Members, allowing them to pay for flights with a combination of cash and points. Business Travel Managers can now use a combination of cash and Rapid Rewards Business points. Additionally, Rapid Rewards Members can now use their points for hotel stays using competitive rates at over 400,000 properties worldwide. The enhancements aim to provide extra flexibility for customers and create more value from their points.
Booking Holdings will release its first quarter 2024 financial results on May 2, 2024, with a press release available on the company's Investor Relations website. A conference call to discuss the results will follow shortly after the release.
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