Booking Holdings
Booking Holdings is the world's leading provider of online travel and related services, operating in over 220 countries and territories with brands like Booking.com, Priceline, Agoda, KAYAK, and OpenTable.
Booking Holdings Services
Booking Holdings is the world's leading provider of online travel and related services. Operating in more than 220 countries and territories, the company offers a comprehensive array of services through its primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable. These platforms facilitate hotel reservations, flight tickets, car rentals, dining experiences, and other travel-related activities. Subsidiary brands include Rocketmiles, FareHarbor, HotelsCombined, Cheapflights, and Momondo, enhancing the scope and depth of services available to consumers.
Booking Holdings Financial Performance in 2023
In 2023, Booking Holdings reported significant financial growth with gross travel bookings amounting to $150.6 billion, representing a year-over-year increase of 24%. The company also reported an adjusted EBITDA of $7.1 billion, marking a 34% increase from the prior year. Net income per diluted share reached $117.40, a 54% increase compared to the previous year. These figures highlight the company's robust performance and its strong position in the global online travel market.
Booking Holdings' Sustainability Goals
Booking Holdings aims to achieve net-zero emissions by 2040 and has already made substantial progress toward this goal. In 2023, the company reduced its Scope 1 & 2 emissions by 84% and its Scope 3 emissions by 22%, compared to 2019 levels. The company also aims for over 50% of its 2027 bookings to be made on more sustainable offerings. More than 1.4 million accommodations on Booking Holdings' platforms have disclosed their sustainability practices, and over 16,000 accommodation partners have obtained third-party sustainability certifications.
Booking Holdings' Community and Environmental Initiatives
In 2023, Booking Holdings supported 663 causes through $2,555,000 in employee and company donations, demonstrating its commitment to community and environmental initiatives. The company also engaged 5,590 employees in volunteer work, contributing a total of 28,380 hours. Furthermore, Booking Holdings launched a Vendor Diversity Program and partnered with the United Nations Tourism to provide an online training series for travel providers. Agoda, a part of Booking Holdings, raised $250,000 for WWF's conservation efforts through its Eco Deals Program and provided sustainability training for hoteliers in Thailand and India in collaboration with GSTC.
Booking Holdings Brands and Global Reach
Booking Holdings operates a diverse portfolio of consumer-facing brands, including Booking.com, Priceline, Agoda, KAYAK, and OpenTable, serving clients in more than 220 countries and territories. The company also encompasses subsidiary brands like Rocketmiles, FareHarbor, HotelsCombined, Cheapflights, and Momondo. These brands collectively manage a vast array of travel services, from hotel and flight bookings to car rentals and dining reservations. In 2023, over 1 billion room nights were booked across Booking Holdings' platforms, underscoring its extensive global reach and significant impact on the travel industry.