BKNG Stock Recent News

Recently, Zacks.com users have been paying close attention to Booking Holdings (BKNG). This makes it worthwhile to examine what the stock has in store.

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In the closing of the recent trading day, Booking Holdings (BKNG) stood at $4,829.64, denoting a +1.06% change from the preceding trading day.

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AMSTERDAM & HANGZHOU, China--(BUSINESS WIRE)--Booking.com, one of the world's leading travel companies, and Antom, a leading merchant payment and digitisation services provider under Ant International, today announced a strategic partnership which will enhance the payment experience for Booking.com customers by integrating diverse payment options across key markets in Asia. This partnership will enable Booking.com to deliver a more tailored customer experience while unlocking business opportuni.

The latest trading day saw Booking Holdings (BKNG) settling at $4,872.42, representing a +1.59% change from its previous close.

Booking Holdings reported strong Q3 2024 results, with $7.99 billion in revenue, an 8.9% y/y growth, and significant gains in room nights and flight bookings. Despite slight margin deterioration due to higher SG&A and financial expenses, adjusted EBITDA exceeded guidance by 9%, showcasing operational resilience. Apart from industry tailwinds, BKNG's strategic initiatives in alternative accommodations and connected trips will continue to drive growth. It's cost-savings program will also result in annual savings of $450 million.

Booking Holdings (BKNG) closed at $4,903.85 in the latest trading session, marking a -0.44% move from the prior day.

Booking Holdings (BKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Research shows that American travelers will reject tradition and rewrite the rules, taking travel to new directions in the year ahead NEW YORK , Oct. 16, 2024 /PRNewswire/ -- Booking.com's annual Travel Predictions research* reveals that travelers will be rewriting their playbook in 2025, defying the rules of conventional getaways, and forging new connections with themselves, their loved ones, those they meet along the way, as well as the destinations they visit. Whether rewriting the norms of expected travel based on age, gender, or simply what society thinks travel should look like for anyone, emboldened travelers are breaking out of familiar patterns and using their individual journeys to fuel and find personal growth.