Booking Holdings Alternative Accommodation
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Fogel said booking holdings has 6 7 million alternative accommodations listed on its brands.
Booking holdings alternative accommodation. Onboarding this inventory has been more expensive than onboarding hotels fogel said because many. The company says this business which includes homes apartments and other unique places to stay captured 2 8 billion in revenue in 2018 represented 20 of the company s overall revenue for the year and grew faster than the company s consolidated growth rate. It was never a secret that booking holdings no.
2 on travel weekly s 2018 power list was a player in the alternative accommodations space but the exact size of that business was unknown until. Booking holdings alternative accommodations accounted for 2 8 billion in revenue in 2018 or about 20 of the company s total revenue. For the first time apartments take the lead from hotels as the most awarded accommodation type in 2017.
Booking holdings is the world s leader in online travel. Knowing some alternative hotel booking sites can save you on lodging which is one of the biggest expenses in travel. Ceo glenn fogel disclosed the revenue breakdown for the.
From a supply perspective expedia leads in hotel properties and airlines but booking holdings dominates in alternative accommodations excerpted below car rentals and restaurants.
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