Booking Holdings (BKNG) closed at $3,977.48 in the latest trading session, marking a -0.18% move from the prior day.
Marriott International has launched an online travel booking program designed for small- to medium-sized businesses (SMBs). The new Business Access by Marriott Bonvoy combines a suite of online booking tools with benefits and rewards from Marriott Bonvoy's portfolio of brands, the company said in a Tuesday (July 9) press release.
Booking continues to prove why it is the clear market leader, with robust performance metrics, profitable growth trend, and growing mindshare among global travelers. Much of its tailwinds are attributed to the Genius Loyalty Program and AI-powered travel assistants, providing loyal customers with enhanced personalized travel experiences. These have already contributed to BKNG's promising FY2024 guidance, sustaining the stock's rally while outperforming its OTA peers.
Carnival's (CCL) increased focus on fleet optimization and expansion is likely to drive growth. However, high costs are a concern for the company's growth prospects.
Booking Holdings' (BKNG) KAYAK adds an upgrade to KAYAK for Business, strengthening its overall product portfolio.
In the most recent trading session, Booking Holdings (BKNG) closed at $4,009.40, indicating a +0.68% shift from the previous trading day.
The company is witnessing record volumes for 2025 sailings.
Investors may remember 2024 as the year of the stock split.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Even though consumers tighten their budgets in certain discretionary spending like dining out and luxury goods, interest in travel remains strong. This has translated into a surprisingly steady expenditure on vacations and trips and a subsequent unexpected stability in travel stocks.
Booking Holdings is trading near $4,000 per share, but its CEO rejects the notion that splitting the stock is important. Warren Buffett agrees with the theory and has made his position known for years.
The latest trading day saw Booking Holdings (BKNG) settling at $3,989.10, representing a +0.43% change from its previous close.