Home > > Booking says travel travails cut into July growth, bullish for long term

Booking says travel travails cut into July growth, bullish for long term

08/04/2022| 8:00:55 AM| 中文

The company expects record current-quarter revenue showing confidence in the faster-than-expected recovery despite rising air fares and hotel tariffs.

Online travel agency Booking Holdings said growth moderated at the start of the current quarter as global flight cancellations and long waits at airports deterred pandemic-weary travelers.

Booking's peer, vacation rental Airbnb, also flagged moderate reservations on Tuesday and forecast current-quarter bookings similar to the previous one.

Booking expects record current-quarter revenue showing confidence in the faster-than-expected recovery despite rising air fares and hotel tariffs.

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TAGS: Booking Holdings | financial results
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