Booking Holdings: How the Travel Giant Is Preparing for AI Disruption
Booking Holdings (NASDAQ: BKNG) presented its fourth-quarter 2024 earnings call on February 20, 2025, with CEO Glenn Fogel marking his 25th year at the company. The travel leader shared robust results and a confident outlook on navigating the AI transformation reshaping the travel industry. Here are the most significant insights for investors focused on the long-term picture.Booking surpassed its long-term growth goals, demonstrating strong execution within the travel market.For the full year, gross bookings of $166 billion increased 10% versus 2023 and revenue of $24 billion grew 11% year over year. We achieved these strong top-line results while growing our bottom line even faster with adjusted EBITDA of over $8 billion, increasing 17% year over year.Continue reading
Booking Holdings (NASDAQ: BKNG) presented its fourth-quarter 2024 earnings call on February 20, 2025, with CEO Glenn Fogel marking his 25th year at the company. The travel leader shared robust results and a confident outlook on navigating the AI transformation reshaping the travel industry. Here are the most significant insights for investors focused on the long-term picture.
Booking surpassed its long-term growth goals, demonstrating strong execution within the travel market.
For the full year, gross bookings of $166 billion increased 10% versus 2023 and revenue of $24 billion grew 11% year over year. We achieved these strong top-line results while growing our bottom line even faster with adjusted EBITDA of over $8 billion, increasing 17% year over year.
