Booking Holdings CEO: Middle East Conflict Continues To Weigh On Travel Demand
Long-Haul International Travel Remains Pressured By Elevated Airfares And Reduced Airline Capacity Due To Middle East Conflict - Domestic And Intra-Regional Travel Remains Relatively Healthy - US Room Nights Grew At A High Single-Digit Rate, Supported By Healthy Domestic Demand - Direct Channel Continued To Grow Alongside Higher Engagement Across Multiple Travel Verticals - Sees Asia As One Of The Most Attractive Long-Term Opportunities In Global Travel - AI-Driven Referrals Remain A Relatively Small Contributor To Overall Business - Embedding AI Across Platforms To Make Travel More Personalised, Seamless And Intuitive - Continued Advancing AI Capabilities Across Portfolio During The Quarter - Began Testing Booking.com's AI-Powered Discovery Experience For Early Trip Planning
Long-Haul International Travel Remains Pressured By Elevated Airfares And Reduced Airline Capacity Due To Middle East Conflict - Domestic And Intra-Regional Travel Remains Relatively Healthy - US Room Nights Grew At A High Single-Digit Rate, Supported By Healthy Domestic Demand - Direct Channel Continued To Grow Alongside Higher Engagement Across Multiple Travel Verticals - Sees Asia As One Of The Most Attractive Long-Term Opportunities In Global Travel - AI-Driven Referrals Remain A Relatively Small Contributor To Overall Business - Embedding AI Across Platforms To Make Travel More Personalised, Seamless And Intuitive - Continued Advancing AI Capabilities Across Portfolio During The Quarter - Began Testing Booking.com's AI-Powered Discovery Experience For Early Trip Planning