Skift Take
Booking Holdings continues to set records post-pandemic, and growth is projected to keep going.
Booking Holdings reported a record number of room nights booked in the third quarter and strong gains in its flights business. It expects growth to continue but noted a caveat: Business has slowed down in the Middle East because of the Israel-Hamas war and the company's current forecast assumes no further expansion of the conflict.
Customers booked 276 million room nights, an increase of 15% from the previous year, Booking said. The value of gross bookings totaled $39.8 billion, up 24%.
“Given current trends, we expect customers and consumers will continue to prioritize travel over other discretiona