PYMNTS-MonitorEdge-May-2024

Booking Holdings

International Roaming Packs Drive Travelers Deeper Into the Connected Economy
International Roaming Packs Drive Travelers Deeper Into the Connected Economy
April 23, 2024  |  Connected Economy

In a global landscape increasingly defined by connectivity, telecommunications companies are taking strides to cater to the needs of modern travelers.  Indian telecommunications giant Bharti Airtel...

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Authorities Search Booking.com Offices in Italy in Antitrust Probe
Authorities Search Booking.com Offices in Italy in Antitrust Probe
March 22, 2024  |  ANTITRUST

Italian authorities carried out inspections at the premises of Booking.com (Italia), the local company supporting Booking.com in Italy, Thursday (March 21) as part of an antitrust investigation. The...

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Booking Holdings Sounds Optimistic Tone on Connected Travel For 2024
Booking Holdings Sounds Optimistic Tone on Connected Travel For 2024
February 22, 2024  |  Earnings

The leisure travel industry is alive and well at Booking Holdings. The parent company of Priceline, Kayak, Booking.com and other connected economy hospitality brands reported record fourth...

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From Reservations to Ordering, Gen AI Took Over Restaurants in 2023
From Reservations to Ordering, Gen AI Took Over Restaurants in 2023
December 27, 2023  |  Artificial Intelligence

In 2023, generative artificial intelligence began to make its way into many different parts of the restaurant industry, across the back- and front-of-house, boosting efficiency...

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Service Sector Slows: Sign of the Times as Consumers Shift Spending?
Service Sector Slows: Sign of the Times as Consumers Shift Spending?
November 03, 2023  |  Economy

The latest ISM Services PMI reading came in at 51.8 in October, down from a 53.6 reading in September. A reading above 50 notes expansion...

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11% of Consumers Make Restaurant Reservations via Voice Technology
11% of Consumers Make Restaurant Reservations via Voice Technology
September 21, 2023  |  Voice Activation

As restaurants look to get more bodies in seats, they could benefit from integrating their reservation platforms with the voice assistants that consumers use day...

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Report: EU Regulators Expected to Veto Booking’s Acquisition of Etraveli
Report: EU Regulators Expected to Veto Booking’s Acquisition of Etraveli
September 01, 2023  |  Acquisitions

European Union (EU) regulators are reportedly poised to block Booking Holdings’ 1.63 billion euro purchase of Sweden’s Etraveli Group. The decision comes as concerns arise about the...

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Booking Holdings Brands Working Together to Deploy AI
Booking Holdings Brands Working Together to Deploy AI
August 04, 2023  |  artificial intelligence

Booking Holdings’ brands are sharing among themselves what they’ve learned as they develop and implement artificial intelligence (AI)-powered tools. So said Booking Holdings CEO Glenn...

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Robust Leisure Travel Demand Drives Booking Holdings’ Q2 Performance
Robust Leisure Travel Demand Drives Booking Holdings’ Q2 Performance
August 03, 2023  |  Earnings

Online travel company Booking Holdings reported strong results for the second quarter, driven by robust leisure travel demand and a focus on artificial intelligence (AI) technology. “I...

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