Booking Q3 2023 Earnings Report
Key Takeaways
Booking Holdings reported a strong third quarter in 2023, marked by record quarterly room nights, gross bookings, revenue, and net income, driven by a robust summer travel season. Gross travel bookings reached $39.8 billion, and total revenues amounted to $7.3 billion, reflecting the resilience of leisure travel demand.
Gross travel bookings increased by 24% year-over-year to $39.8 billion.
Room nights booked increased by 15% compared to the prior-year quarter.
Total revenues grew by 21% year-over-year, reaching $7.3 billion.
Net income increased by 51% from the prior-year quarter to $2.5 billion.
Booking
Booking
Booking Revenue by Segment
Forward Guidance
This press release contains forward-looking statements, which reflect the views of the Company's management regarding current expectations based on currently available information about future events. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties
Revenue & Expenses
Visualization of income flow from segment revenue to net income