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Booking Holdings’ Q4 profit rises on strong travel demand
Booking Holdings announced its fourth-quarter financial results, which exceeded expectations due to robust international travel demand, particularly in Europe and Asia-Pacific.
For the quarter ending Dec. 31, 2024, the company reported an adjusted profit of USS$41.55 per share.
This surpassed analysts’ estimate of US$36.03 per share, according to LSEG data.
Total revenue reached US$5.47 billion, marking a 14% increase from the previous year.
The company recorded gross bookings of US$37.2 billion, reflecting a 17% year-on-year growth.
Total room nights booked increased by 13%, amounting to 261 million.
Recent Booking Holdings developments
| Timeline |
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09-Nov-2024 📉 Booking.com to cut jobs amid restructuring plan
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28-May-2021 🌏 Report: SoftBank’s Vision Fund to inject $2b into Korean travel major Yanolja
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29-Oct-2019 🚀 Rising startups on Tech in Asia: Major Korean love hotel chain looks at Southeast Asia
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18-Jun-2019 💰 In brief: Facebook to launch own cryptocurrency Libra by 2020
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