Booking Holdings
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About Booking Holdings
Industries
Consumer Software
Financial Services
Company Size
10,001+
Company Stage
IPO
Total Funding
N/A
Headquarters
New York City, New York
Founded
1997
Overview
Simplify's Take
What believers are saying
- Generative AI is central to Booking Holdings' strategy, promising long-term growth potential.
- The company expects $450M in annual savings through organizational changes and process modernization.
- Booking Holdings is rated as a 'Best Idea for 2025' due to its strong market position.
What critics are saying
- Emerging AI-driven competitors like Genial may challenge Booking Holdings' market share.
- Job cuts at Booking.com could impact employee morale and service quality.
- Compliance with the EU's Digital Markets Act may limit operational flexibility in Europe.
What makes Booking Holdings unique
- Booking Holdings leverages generative AI to enhance travel experiences and drive innovation.
- The company operates globally with five major consumer-facing brands, including Booking.com and Priceline.
- Booking Holdings complies with the EU's Digital Markets Act, ensuring regulatory adherence.
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Benefits
Health Insurance
Flexible Work Hours
Performance Bonus
Company Equity
Tuition Reimbursement
Fitness Reimbursement
Employee Discounts
Company News
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.”
NORWALK, Conn., Feb. 19, 2025 /PRNewswire/ -- Fourth quarter and full year 2024 financial results for Booking Holdings (NASDAQ: BKNG) will be made available at approximately 4:00 p.m. ET on February 20 through a press release posted to the company's Investor Relations website: http://ir.bookingholdings.com.Booking Holdings intends to hold a conference call on February 20 at 4:30 p.m. ET to discuss its fourth quarter and full year 2024 financial results. The event will be webcasted at http://ir.bookingholdings.com. Audio replays will be available on the website for seven days thereafter.#BKNG_EarningsAbout Booking HoldingsBooking Holdings (NASDAQ: BKNG) is the world's leading provider of online travel and related services, provided to consumers and local partners in more than 220 countries and territories through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK and OpenTable
New OpenTable research shows 40% of Australians plan to dine out this Valentine's Day with 72% of coupled-up Aussies planning to enjoy a dinner date[1]. 50% of single Australians said they'd go on a first date at a restaurant on Valentine's Day[1]. According to OpenTable, Valentine's Day dining was up 18% in 2024 YoY[2]
The firm has identified Booking Holdings as its "Best Idea for 2025," citing several key factors that contribute to this optimistic outlook.
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About Booking Holdings
Industries
Consumer Software
Financial Services
Company Size
10,001+
Company Stage
IPO
Total Funding
N/A
Headquarters
New York City, New York
Founded
1997
Booking Holdings is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today