Unlike Expedia and Airbnb, which have been more dependent on American travel demand, Booking derives the majority of its revenue from Europe, and it’s a company based there. It has experienced significant growth over the past three quarters, with earnings increasing by an average of 23%. The Q1 report indicates expected growth of 10% to 12%. It seems that being farther from the U.S., and less dependent on it, is proving to be an advantage.
Click to get Alert when there is a new reply.
There are no replies in this thread yet. Be the first to post a reply below: