3 mei 2024 om 08:22
Booking Holdings grew faster in the first months of the year than the travel company itself expected. The parent company of Amsterdam-based Booking.com benefited from an increase in bookings.
This mainly resulted in a significantly higher profit. This amounted to 836 million euros in the first quarter. That is more than 50 percent more than a year earlier.
Customers made bookings worth 40.5 billion euros in the first quarter via the sites of Booking Holdings, which also includes the air travel search engine Kayak and restaurant app OpenTable. That is 10 percent more than in the same quarter last year.
Booking collected additional commissions and advertising revenue from hoteliers and other entrepreneurs, increasing turnover by 17 percent to 4.1 billion euros.
Tags: Parent company Booking .com sees profits rise sharply due growth wanderlust Economy
