Booking Holdings is trading around all-time highs following another quarter of market share gains and strong margin expansion. BKNG announced plans to reduce its workforce, further cementing the new CFO's ambition in driving operational leverage. Travel is a surprisingly resilient industry, and Booking is best positioned to capitalize on the industry's consistent above-market growth.
Introducing Priceline's First-Ever '10 Days of Deals' Plus Major Savings on Black Friday, Cyber Monday, and Travel Tuesday NORWALK, Conn. , Nov. 11, 2024 /PRNewswire/ -- Today, Priceline announced its annual Black Friday and Cyber Monday sale to kick off the holiday season.
Booking.com is conducting a companywide review that could lead to job cuts. The online travel agency's parent said in a Friday (Nov. 8) regulatory filing that this review would include “an expected workforce reduction,” as well as cost reductions like looking for real estate savings and optimizing procurement.
Online travel agency Booking Holdings said on Friday it was planning to implement certain organizational changes, including an expected workforce reduction as part of a bid to cut costs.
Booking Holdings is seeing early results from growth initiatives while also recording better-than-expected gains in the third quarter. The company's efforts to advance its “connected trip” vision, to continue developing its artificial intelligence (AI) capabilities and to grow alternative accommodations all saw progress during the quarter, Booking Holdings CEO Glenn Fogel said Wednesday (Oct.
Booking Holdings Inc. (NASDAQ:BKNG ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Glenn Fogel - Chief Executive Officer and Director Ewout Steenbergen - Executive Vice President and Chief Financial Officer Conference Call Participants Justin Post - Bank of America Mark Mahaney - Evercore Dae Lee - JP Morgan Kevin Kopelman - TD Cowen Eric Sheridan - Goldman S...
Digital travel platform Booking.com is expanding its artificial intelligence (AI)-powered features. The expansion, announced by the Dutch company Wednesday (Oct. 30), is part of a larger embrace of AI tools within the travel sector.
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