Booking Holdings Gross Bookings

Much of that loss came in the category of room nights booked which were down 43 year over year in the first quarter.

Booking holdings gross bookings. Booking holdings is the world s leader in online travel. Room nights in the quarter ending june 30 slumped 87 compared to q2 2019. Booking holdings annual revenue for 2019 was 15 066b a 3 71 increase from 2018.

Booking holdings sees gross bookings plunge 91. What do people book. This statistic shows the gross bookings of booking holdings worldwide from 2015 to 2019 by type.

Booking holdings total revenues in 2018 were 14 5 billion as compared to gross profit of 12 4 billion in 2017 a 17 increase from the prior year. Booking holdings revenue for the twelve months ending september 30 2020 was 8 897b a 40 45 decline year over year. It operates websites in about 40 languages and 200 countries.

Booking holdings gross travel bookings plummeted 91 to 2 1 billion in the second quarter of 2020 as the company felt the full impact of covid 19 said president and ceo glenn fogel. Analyst still says buy shares in booking holdings bkng rose 4 in thursday s after hours trading after the travel giant posted second quarter. For the full year 2018 booking holdings had gross travel bookings of 92 7 billion a 14 increase compared to 2017.

Advertising could be partially responsible for this growth with booking holdings performance advertising expenses amounting to approximately 4 42 billion u s. On the company s earnings conference call booking holdings ceo and president glenn fogel said it had felt the full impact of covid 19 and revealed that booking s gross travel bookings had nosedived by 91 per cent to 2 1 billion in the second quarter.