Booking Holdings’ gross travel bookings rose to $22 billion in the 2nd the quarter of 2021, up from $2.3 billion in the same period in 2020, according to a press release by Bookings on Wednesday.
- Booking Holdings’ total revenue for Q2 was 2.2 billion, an increase from $630 million in the same quarter of 2020 and more than 50% of the revenue recorded in Q2 of 2019.
- Room nights booked in Q2 were 157 million, an increase from 99 million in Q1 and a 458% increase from Q2 2020. 60% of the room nights booked were transacted via mobile devices.
- Air tickets booked via Booking’s flight offerings exceeded expectations, soaring 120% in Q2 this year compared to Q2 2019.
- Booking Holdings’ CEO stated that they are encouraged by another quarter of sequential improvement in booking trends, with Q2 room nights increasing 59% versus the Q1 of 2021, driven by strong results in Europe and in the U.S.
The company remains focused on strengthening its core accommodation business and driving benefits to travelers and supply partners.
BKNG up 3.10% pre-market.