Booking Holdings Up Nearly 12%, on Pace for Largest Percent Increase Since August 2010 — Data Talk | MarketScreener

Monday, 18 May 2020, 15:36:02
Booking Holdings Inc. is currently at $1548.34, up $164.04 or 11.85% — Would be highest close since March 10, 2020, when it closed at $1559.00 — On pace for largest percent increase… | May 18, 2020
— MarketScreener

25% Of US Restaurants Will Never Reopen: Opentable

Friday, 15 May 2020, 18:25:14
25% Of US Restaurants Will Never Reopen: Opentable Tyler Durden Fri, 05/15/2020 – 14:25 A quarter of US restaurants will go out of business due to the COVID-19 pandemic, according to a forecast by OpenTable, which reported that total restaurant reservations and walk-in customers have fallen 95% over the previous year ending May 13. Susan Upton, 53, works on her computer at Mambo’s, her family restaurant, in Glendale Calif., on March 18, 2020. Mambo’s was forced to close after 32 years in the midst of the global pandemic. (Lucy Nicholson—Reuters) The company tracks over 54,000 restaurants on its reservation site, which offers the ability to make online, walk-in, and phone reservations – but does not track data for take-out and deliveries, according to Bloomberg . The company’s data shows that there are growing signs that patrons are willing to dine out again in states like Arizona and Texas where it’s allowed , though the numbers are still far below where they were last year. Scottsdale showed the greatest improvement.
— Zero Hedge

France Looks To Create Its Own Home Booking Platform

Thursday, 14 May 2020, 17:19:18
France is set to launch another battle in its war with giant U.S.-based homesharing businesses. This time, the French government said, it plans to team up with the country’s tourism industry to build an internet site whose ultimate goal is to grab customers away from the likes of Airbnb and Booking Holdings. A Bloomberg report said […]
— PYMNTS

Booking Holdings CEO says a coronavirus vaccine is needed to make travelers feel safe again

Friday, 8 May 2020, 20:42:42
Even as economies start to reopen, Booking Holdings CEO Glenn Fogel said the travel industry will take years to recover to precoronavirus levels.
— CNBC

Hotel bookings plummet more than 85% as the travel industry faces an existential crisis

Friday, 8 May 2020, 11:23:43
Booking Holdings and TripAdvisor Q1 earnings paint a grim picture for the travel industry. Just how badly has the travel industry been hit by COVID-19? Yesterday, travel-booking giant Booking Holdings, parent company of Booking.com, Priceline.com, Kayak.com, and OpenTable, among other sites, reported its financial results for the first quarter of 2020—and the numbers are sobering. Read Full Story
— Fast Company