Booking Holdings
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About Booking Holdings
Industries
Consumer Software
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1997
Overview
Simplify's Take
What believers are saying
- Booking Holdings expects $450M in savings through organizational transformation and modernization.
- The rise of 'workcations' offers opportunities for marketing long-term stay options.
- Increased focus on sustainability allows promotion of eco-friendly travel packages and accommodations.
What critics are saying
- Economic concerns from airlines may reduce travel demand, impacting Booking Holdings' revenue.
- Increased competition from AI-driven tourism solutions could challenge Booking Holdings' market share.
- The EU's Digital Markets Act may limit operational flexibility and increase compliance costs.
What makes Booking Holdings unique
- Booking Holdings leverages GenAI to enhance travel experiences and drive innovation.
- The company offers a diverse portfolio of brands like Booking.com, Priceline, and OpenTable.
- Booking Holdings is a leader in online travel services across 220 countries and territories.
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Benefits
Health Insurance
Flexible Work Hours
Performance Bonus
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Tuition Reimbursement
Fitness Reimbursement
Employee Discounts
Company News
Uber and OpenTable have partnered to create a connected dining experience that will include access to dining reservations, transportation and membership benefits. The offerings, which will be rolled out in phases throughout the year, will be powered by integrations of the ride-hailing and delivery services of Uber and the restaurant network of OpenTable, which is part of Booking Holdings, the companies said in a Monday (March 31) press release. They will encompass the Uber Eats, Uber and OpenTable apps and will be available in the U.S., Canada, the U.K., Mexico, Australia and Ireland, according to the release
Airlines including Delta Air Lines, American Airlines, Southwest Airlines and United Airlines cut their earnings forecasts in recent weeks amid a shifting economy and tensions around trade policies coming to a head.Consumer confidence has also become an issue, dropping significantly last month and marking the “largest monthly decline since August 2021,” according to Stephanie Guichard, senior economist of global indicators for The Conference Board. Last week, the United States Federal Reserve stated that “uncertainty around the economic outlook has increased,” and in February, Tourism Economics released a scenario analysis that dove into the ramifications should trade wars expand, suggesting a sizable impact on the travel industry. That report from Tourism Economics, which assumes U.S. President Donald Trump's administration would implement substantial tariffs on Canada, Mexico and China, also assumes loss in European travel sentiment due to tariffs and apprehension around the handling of Russia in Ukraine
NORWALK, Conn., Feb. 24, 2025 /PRNewswire/ - Booking Holdings (NASDAQ: BKNG) today announced that Chief Financial Officer Ewout Steenbergen will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference, held in San Francisco, on March 5, beginning at 3:20 pm PT / 6:20pm ET.
France-based Genial raised 1.8 million euros (about $1.9 million) in its first funding round to develop artificial intelligence agents for tourism and leisure businesses. The funding round was led by Huttopia and Crédit Agricole, via Crédit Agricole Aquitaine Expansion and Crédit Agricole La Réunion – Mayotte, according to an EU-Startups report reposted on LinkedIn Friday (Feb. 21) by Genial. Genial helps businesses implement AI solutions by training them about AI, helping them discover the technology’s uses and develop their own projects, customizing its own existing AI solutions to meet the needs of the business, and managing the business’ AI agents through its agents-as-a-service platform, according to Genial’s website, as translated by Google
At the core of Booking Holdings’ long-term strategy is CEO Glenn Fogel’s belief in the impact of generative artificial intelligence (GenAI). He is looking to this technology as a cornerstone for long-term growth in the travel industry. “In a few days marks my 25th year at this company, and I’m more excited than ever about our potential with the transformative force of generative AI,” Fogel said to analysts Thursday (Feb. 20) during the company’s fourth-quarter earnings call. “It’s redefining how people will experience the world. GenAI is pushing the pace of technological innovation.”
Booking Holdings is Hiring for 14 Jobs on Simplify!
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About Booking Holdings
Industries
Consumer Software
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
New York City, New York
Founded
1997
Booking Holdings is Hiring for 14 Jobs on Simplify!
Find jobs on Simplify and start your career today