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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported) August 1, 2024
 
Booking Holdings Inc.
(Exact name of registrant as specified in its charter)
 
Delaware1-3669106-1528493
(State or other Jurisdiction of
Incorporation)		(Commission File Number)(IRS Employer Identification No.)
 
800 Connecticut AvenueNorwalkConnecticut06854
(Address of principal executive offices)(zip code)
 
Registrant's telephone number, including area code: (203) 299-8000

N/A 
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐  Soliciting material pursuant to Rule 14a-12  under the Exchange Act (17 CFR 240.14a-12)
 
☐            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Securities Registered Pursuant to Section 12(b) of the Act:
Title of Each Class: Trading SymbolName of Each Exchange on which Registered:
Common Stock par value $0.008 per share BKNGThe NASDAQ Global Select Market
2.375% Senior Notes Due 2024BKNG 24The NASDAQ Stock Market LLC
0.100% Senior Notes Due 2025BKNG 25The NASDAQ Stock Market LLC
4.000% Senior Notes Due 2026BKNG 26The NASDAQ Stock Market LLC
1.800% Senior Notes Due 2027BKNG 27The NASDAQ Stock Market LLC
0.500% Senior Notes Due 2028BKNG 28The NASDAQ Stock Market LLC
3.625% Senior Notes Due 2028BKNG 28AThe NASDAQ Stock Market LLC
4.250% Senior Notes Due 2029BKNG 29The NASDAQ Stock Market LLC
3.500% Senior Notes Due 2029BKNG 29AThe NASDAQ Stock Market LLC
4.500% Senior Notes Due 2031BKNG 31The NASDAQ Stock Market LLC
3.625% Senior Notes Due 2032BKNG 32The NASDAQ Stock Market LLC
4.125% Senior Notes Due 2033BKNG 33The NASDAQ Stock Market LLC
4.750% Senior Notes Due 2034BKNG 34The NASDAQ Stock Market LLC
3.750% Senior Notes Due 2036BKNG 36The NASDAQ Stock Market LLC
4.000% Senior Notes Due 2044BKNG 44The NASDAQ Stock Market LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 2.02.              Results of Operations and Financial Condition.
 
On August 1, 2024, Booking Holdings Inc. announced its financial results for the second quarter ended June 30, 2024. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Copies of Booking Holdings' consolidated balance sheet at June 30, 2024, consolidated statement of operations for the three and six months ended June 30, 2024, and consolidated statement of cash flows for the six months ended June 30, 2024, are included in the financial and statistical supplement attached to the press release. 

The information in this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01.           Financial Statements and Exhibits.
 
(d)    Exhibits
Exhibit
Number		Description
Press release (which includes a financial and statistical supplement and related information) issued by Booking Holdings Inc. on August 1, 2024 relating to, among other things, its second quarter 2024 earnings.
104Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
 





SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 BOOKING HOLDINGS INC.
  
   
 By:/s/ Ewout L. Steenbergen
  Name:Ewout L. Steenbergen
  Title:Executive Vice President and Chief Financial Officer
 
 
Date:  August 1, 2024




Exhibit 99.1

bhi_rgbxinlinexfullcolorxb.jpg

Booking Holdings Reports Financial Results for 2nd Quarter 2024

NORWALK, CT – August 1, 2024. . . Booking Holdings Inc. (NASDAQ: BKNG) (the "Company," "we," "our," or "us") today reported its second quarter 2024 financial results:
•Room nights booked increased 7% from the prior-year quarter.
•Gross travel bookings, which refers to the total dollar value, generally inclusive of taxes and fees, of all travel services booked by our customers, net of cancellations, were $41.4 billion, an increase of 4% from the prior-year quarter (approximately a 6% increase on a constant-currency basis).
•Total revenues were $5.9 billion, an increase of 7% from the prior-year quarter (approximately a 9% increase on a constant-currency basis).
•Net income was $1.5 billion, an increase of 18% from the prior-year quarter.
•Net income per diluted common share (EPS) was $44.38, an increase of 27% from the prior-year quarter.
•Adjusted Net income was $1.4 billion, an increase of 3% from the prior-year quarter.
•Adjusted Net income per diluted common share (Adjusted EPS) was $41.90, an increase of 11% from the prior-year quarter.
•Adjusted EBITDA was $1.9 billion, an increase of 7% from the prior-year quarter.
The section below under the heading "Non-GAAP Financial Measures" provides definitions and information about the use of non-GAAP financial measures in this press release, including Adjusted Net income, Adjusted EPS and Adjusted EBITDA, and the attached financial and statistical supplement reconciles non-GAAP financial results with Booking Holdings' financial results under GAAP.
"In the second quarter, our business continued to perform well with room nights, revenue, and operating income exceeding our prior expectations," said Glenn Fogel, Chief Executive Officer of Booking Holdings. "As always, we remain focused on what is important for the business for the long term, which means continuing to execute against our strategic initiatives while simultaneously taking actions to drive more cost efficiency in the business."
Third Quarter Dividend
Our Board of Directors declared a cash dividend of $8.75 per share, payable on September 30, 2024 to stockholders of record as of the close of business on September 6, 2024.


1

Non-GAAP Financial Measures
The Unaudited Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and include all normal and recurring adjustments that management of the Company considers necessary for a fair presentation of its financial position and operating results.
To supplement the Unaudited Consolidated Financial Statements, the Company uses the following non-GAAP financial measures: Adjusted Net income (loss), Adjusted EPS, Adjusted EBITDA and Free cash flow (Net cash provided by (used in) operating activities less capital expenditures). The presentation of non-GAAP financial information should not be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.
The Company uses non-GAAP financial measures for financial and operational decision-making and as a basis to evaluate performance and set targets for employee compensation programs. The Company believes that these non-GAAP financial measures are useful for analysts and investors to evaluate the Company's ongoing operating performance because they facilitate comparison of the Company's results for the current period and projected next-period results to those of prior periods and to those of its competitors (though other companies may calculate similar non-GAAP financial measures differently from those calculated by the Company). These non-GAAP financial measures, in particular Adjusted Net income (loss), Adjusted EBITDA and Free cash flow, are not intended to represent funds available for Booking Holdings' discretionary use and are not intended to represent or to be used as a substitute for Operating income (loss), Net income (loss) or Net cash provided by (used in) operating activities as measured under GAAP. The items excluded from these non-GAAP measures, but included in the calculation of their closest GAAP equivalent, are significant components of the Company's consolidated statements of operations and cash flows and must be considered in performing a comprehensive assessment of overall financial performance.
Adjusted Net income (loss) is Net income (loss) with the following adjustments:
•excludes accruals related to the Netherlands pension fund matter (recorded during the year ended December 31, 2023),
•excludes accruals related to the fine imposed by the Spanish competition authority,
•excludes accruals related to settlements of certain indirect tax matters,
•excludes the termination fee related to an acquisition agreement,
•excludes amortization expense of intangible assets,
•excludes gains and losses on equity securities with readily determinable fair values,
•     excludes the impact, if any, of significant gains and losses on the sale of and impairment and credit losses on investments in available-for-sale debt securities and significant gains and losses on the sale of and impairment and other valuation adjustments on investments in equity securities without readily determinable fair values,
•excludes foreign currency transaction gains and losses on the remeasurement of Euro-denominated debt and accrued interest that are not designated as hedging instruments for accounting purposes and debt-related foreign currency derivative instruments used as economic hedges,
•excludes accruals related to the Canadian digital services taxes for the years ended December 31, 2022 and 2023 enacted in June 2024 with retrospective effect,
•excludes interest received on tax payments refunded pursuant to settlement with authorities,
•excludes the impact of net unrecognized tax benefits related to certain income tax matters, and
•     the income tax impact of the non-GAAP adjustments mentioned above and changes in tax estimates, as applicable.
In the event the Company reports a GAAP Net income but an Adjusted Net loss, dilutive shares that are included in the GAAP weighted-average number of diluted common shares outstanding are excluded from the non-GAAP weighted-average number of diluted common shares outstanding. In the event the Company reports a GAAP Net loss but an Adjusted Net income, anti-dilutive shares that are excluded from the GAAP weighted-average number of diluted common shares outstanding are included in the non-GAAP weighted-average number of diluted common shares outstanding.

2

In addition to the adjustments listed above regarding Adjusted Net income (loss), Adjusted EBITDA excludes depreciation expense, interest expense, and to the extent not included in the adjustments listed above, interest and dividend income, and income tax expense (benefit).
We evaluate certain operating and financial measures on both an as-reported and constant-currency basis. We calculate constant currency based on the predominant transactional currency in each country, converting our current-year period results in currencies other than U.S. Dollars using the corresponding prior-year period monthly average exchange rates.
The attached financial and statistical supplement includes reconciliations of our financial results under GAAP to non-GAAP financial information for the three and six months ended June 30, 2024 and 2023. We are not able to provide a reconciliation between forward-looking Adjusted EBITDA and GAAP Net income (loss) because we cannot predict certain components of such reconciliation without unreasonable effort as they arise from events in future periods.

Information About Forward-Looking Statements
This press release contains forward-looking statements, which reflect the views of the Company's management regarding current expectations based on currently available information about future events. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, such as: adverse changes in market conditions for travel services; the effects of competition; the Company's ability to manage growth and expand; adverse changes in relationships with third parties on which the Company depends; success of the Company's marketing efforts; rapid technological and other market changes; the Company's ability to attract and retain qualified personnel; impacts of impairments and changes in accounting estimates; and other business and industry changes. Other risks and uncertainties relate to cyberattacks and information security; taxes; laws and regulations; the Company's facilitation of payments; foreign currency exchange rates; the Company's debt levels and stock price volatility; and the success of the Company's investments and acquisition strategy. For a detailed discussion of these and other risk factors that could cause the Company's actual results to differ materially from those described in the forward-looking statements included in this press release, refer to the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequently filed Quarterly Reports on Form 10-Q. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.
We will be posting our prepared remarks to the Booking Holdings investor relations website after the conclusion of the earnings call.

About Booking Holdings Inc.
Booking Holdings (NASDAQ: BKNG) is the world's leading provider of online travel and related services, provided to consumers and local partners in more than 220 countries and territories through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world. For more information, visit BookingHoldings.com and follow us on X @BookingHoldings.
###
For Press Information: Leslie Cafferty communications@bookingholdings.com
For Investor Relations: John Longstreet ir@bookingholdings.com
#BKNG_Earnings
3


Booking Holdings Inc.
CONSOLIDATED BALANCE SHEETS
(In millions, except share and per share data)
June 30,
2024		December 31,
2023
(Unaudited)
ASSETS  
Current assets:  
Cash and cash equivalents$16,290 $12,107 
Short-term investments (Available-for-sale debt securities:
Amortized cost of $37 and $580, respectively)		37 576 
Accounts receivable, net (Allowance for expected credit losses of $111 and $137, respectively)3,814 3,253 
Prepaid expenses, net670 644 
Other current assets482 454 
Total current assets21,293 17,034 
Property and equipment, net875 784 
Operating lease assets637 705 
Intangible assets, net1,498 1,613 
Goodwill2,814 2,826 
Long-term investments468 440 
Other assets, net956 940 
Total assets$28,541 $24,342 
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Accounts payable$3,928 $3,480 
Accrued expenses and other current liabilities3,900 4,635 
Deferred merchant bookings6,931 3,254 
Short-term debt3,447 1,961 
Total current liabilities18,206 13,330 
Deferred income taxes264 258 
Operating lease liabilities529 599 
Long-term U.S. transition tax liability257 515 
Other long-term liabilities200 161 
Long-term debt13,361 12,223 
Total liabilities32,817 27,086 
Commitments and contingencies
Stockholders' deficit:  
Common stock, $0.008 par value,
Authorized shares: 1,000,000,000
Issued shares: 64,258,892 and 64,048,000, respectively		— — 
Treasury stock: 30,622,956 and 29,650,351 shares, respectively(44,958)(41,426)
Additional paid-in capital7,479 7,175 
Retained earnings33,527 31,830 
Accumulated other comprehensive loss(324)(323)
Total stockholders' deficit(4,276)(2,744)
Total liabilities and stockholders' deficit$28,541 $24,342 
4

Booking Holdings Inc.
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions, except share and per share data)
Three Months Ended
June 30,		Six Months Ended
June 30,
 2024202320242023
Merchant revenues$3,446 $2,770 $5,834 $4,522 
Agency revenues2,144 2,429 3,907 4,211 
Advertising and other revenues269 263 533 507 
Total revenues5,859 5,462 10,274 9,240 
Operating expenses:    
Marketing expenses1,939 1,801 3,549 3,318 
Sales and other expenses820 717 1,498 1,287 
Personnel, including stock-based compensation of $140, $128, $284, and $241, respectively807 752 1,633 1,474 
General and administrative112 254 298 516 
Information technology183 144 370 281 
Depreciation and amortization142 121 279 241 
Total operating expenses4,003 3,789 7,627 7,117 
Operating income1,856 1,673 2,647 2,123 
Interest expense(264)(241)(483)(435)
Interest and dividend income293 266 536 494 
Other income (expense), net37 (80)159 (261)
Income before income taxes1,922 1,618 2,859 1,921 
Income tax expense401 328 562 365 
Net income$1,521 $1,290 $2,297 $1,556 
Net income applicable to common stockholders per basic common share$44.94 $35.16 $67.51 $41.88 
Weighted-average number of basic common shares outstanding (in 000's)33,839 36,678 34,023 37,147 
Net income applicable to common stockholders per diluted common share$44.38 $34.89 $66.60 $41.51 
Weighted-average number of diluted common shares outstanding (in 000's)34,267 36,964 34,486 37,471 


5

Booking Holdings Inc.
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
Six Months Ended
June 30,
20242023
OPERATING ACTIVITIES:
Net income$2,297 $1,556 
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization279 241 
Provision for expected credit losses and chargebacks184 135 
Deferred income tax benefit(2)(389)
Net losses on equity securities5 167 
Stock-based compensation expense284 241 
Operating lease amortization79 80 
Unrealized foreign currency transaction (gains) losses related to Euro-denominated debt(235)34 
Other8 — 
Changes in assets and liabilities:
Accounts receivable(830)(672)
Prepaid expenses and other current assets(33)(90)
Deferred merchant bookings and other current liabilities3,337 3,129 
Other(144)194 
Net cash provided by operating activities5,229 4,626 
INVESTING ACTIVITIES:
Proceeds from sale and maturity of investments515 1,737 
Additions to property and equipment(276)(180)
Other investing activities(33)(10)
Net cash provided by investing activities206 1,547 
FINANCING ACTIVITIES:
Proceeds from the issuance of long-term debt2,959 1,893 
Payment on maturity of debt— (500)
Payments for repurchase of common stock (3,518)(5,249)
Dividends paid(594)— 
Proceeds from exercise of stock options9 109 
Other financing activities(38)(40)
Net cash used in financing activities(1,182)(3,787)
Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents(59)(7)
Net increase in cash and cash equivalents and restricted cash and cash equivalents4,194 2,379 
Total cash and cash equivalents and restricted cash and cash equivalents, beginning of period 12,135 12,251 
Total cash and cash equivalents and restricted cash and cash equivalents, end of period $16,329 $14,630 
6

Booking Holdings Inc.
UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION
(In millions, except share and per share data) (1)

RECONCILIATION OF NET INCOME TO ADJUSTED NET INCOME AND ADJUSTED EPSThree Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Net income$1,521 $1,290 $2,297 $1,556 
(a)Adjustment to accruals related to the fine imposed by the Spanish competition authority(78)— (78)— 
(b)Accruals related to settlements of indirect tax matters— 23 — 62 
(c)Amortization of intangible assets56 56 111 111 
(d)Net (gains) losses on equity securities(11)34 5 167 
(e)Foreign currency transaction (gains) losses on the remeasurement of certain Euro-denominated debt and accrued interest(68)8 (235)34 
(f)Other17 — 17 (31)
(g)Tax impact of Non-GAAP adjustments— (19)27 (67)
Adjusted Net income$1,436 $1,391 $2,144 $1,831 
GAAP and Non-GAAP weighted-average number of diluted common shares outstanding (in 000's)34,267 36,964 34,486 37,471 
Net income applicable to common stockholders per diluted common share (EPS)$44.38 $34.89 $66.60 $41.51 
Adjusted Net income applicable to common stockholders per diluted common share (Adjusted EPS)$41.90 $37.62 $62.16 $48.86 


RECONCILIATION OF NET INCOME TO ADJUSTED EBITDAThree Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Net income$1,521 $1,290 $2,297 $1,556 
(a)Adjustment to accruals related to the fine imposed by the Spanish competition authority(78)— (78)— 
(b)Accruals related to settlements of indirect tax matters— 23 — 62 
(h)Depreciation and amortization142 121 279 241 
(h)Interest and dividend income(293)(266)(536)(494)
(h)Interest expense264 241 483 435 
(d)Net (gains) losses on equity securities(11)34 5 167 
(e)Foreign currency transaction (gains) losses on the remeasurement of certain Euro-denominated debt and accrued interest(68)8 (235)34 
(f)Other17 — 17 — 
(h)Income tax expense401 328 562 365 
Adjusted EBITDA$1,895 $1,778 $2,793 $2,364 
Net income as a % of Total Revenues26.0 %23.6 %22.4 %16.8 %
Adjusted EBITDA as a % of Total Revenues32.4 %32.6 %27.2 %25.6 %



7

RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOWSix Months Ended
June 30,
20242023
Net cash provided by operating activities$5,229 $4,626 
(i)Additions to property and equipment(276)(180)
Free cash flow$4,953 $4,445 
Net cash provided by operating activities as a % of Total Revenues50.9 %50.1 %
Free cash flow as a % of Total Revenues48.2 %48.1 %

(1) Amounts may not total due to rounding.

Notes:
(a)Adjustment to accruals related to the fine imposed by the Spanish competition authority are recorded in General and administrative expenses and excluded from Net income to calculate Adjusted Net income and Adjusted EBITDA.
(b)Accruals related to settlements of certain indirect tax matters are recorded in General and administrative expenses and excluded from Net income to calculate Adjusted Net income and Adjusted EBITDA.
(c)Amortization of intangible assets is recorded in Depreciation and amortization expenses and excluded from Net income to calculate Adjusted Net income.
(d)Net (gains) losses on equity securities with readily determinable fair values and impairments of investments in equity securities are recorded in Other income (expense), net and excluded from Net income to calculate Adjusted Net income and Adjusted EBITDA.
(e)Foreign currency transaction (gains) losses on the remeasurement of Euro-denominated debt and accrued interest that are not designated as hedging instruments for accounting purposes are recorded in Other income (expense), net and excluded from Net income to calculate Adjusted Net income and Adjusted EBITDA.
(f)For the three and six months ended June 30, 2024, includes an accrual related to the Canadian digital services taxes for the years ended December 31, 2022 and 2023 enacted in June 2024 with retrospective effect, which is recorded in Sales and other expenses. For the six months ended June 30, 2023, includes interest received on tax payments refunded pursuant to a settlement with authorities, which is recorded in Interest and dividend income and Income tax expense, as applicable.
(g)Reflects the tax impact of Non-GAAP adjustments above and changes in tax estimates which are excluded from Net income to calculate Adjusted Net income.
(h)Amounts are excluded from Net income to calculate Adjusted EBITDA.
(i)Cash used for additions to property and equipment is included in the calculation of Free cash flow.
For a more detailed discussion of the adjustments described above, please see the section in this press release under the heading "Non-GAAP Financial Measures" which provides definitions and information about the use of non-GAAP financial measures.
8

Booking Holdings Inc.
Statistical Data
Units Sold in millions and Gross Bookings and Total Revenues in billions(1)
(Unaudited) 
Units Sold2Q223Q224Q221Q232Q233Q234Q231Q242Q24
Room Nights 246 240 211 274 268 276 231 297 287 
Year/Year Growth56.3 %31.5 %39.5 %38.3 %8.8 %14.9 %9.2 %8.5 %7.1 %
Rental Car Days16 16 14 19 20 20 15 21 22 
Year/Year Growth22.4 %24.9 %27.6 %22.7 %24.0 %20.0 %10.7 %10.7 %10.0 %
Airline Tickets6 6 6 8 9 9 9 11 11 
Year/Year Growth31.4 %45.1 %61.5 %73.3 %58.3 %56.6 %45.8 %33.1 %27.7 %
Gross Bookings(2)
2Q223Q224Q221Q232Q233Q234Q231Q242Q24
Merchant$15.1 $14.5 $13.3 $19.9 $21.1 $22.3 $18.4 $25.8 $25.8 
Agency19.4 17.6 14.0 19.5 18.6 17.5 13.3 17.8 15.6 
Total$34.5 $32.1 $27.3 $39.4 $39.7 $39.8 $31.7 $43.5 $41.4 
Gross Bookings Year/Year Growth (Decline)
Merchant126.5 %64.6 %85.9 %81.0 %39.9 %53.5 %38.7 %29.3 %22.3 %
Agency27.2 %18.4 %18.2 %19.7 %(4.5)%(0.4)%(5.3)%(8.9)%(16.0)%
Total57.3 %35.6 %43.6 %44.5 %14.9 %24.0 %16.1 %10.4 %4.4 %
Constant-currency Basis71 %50 %56 %51 %15 %20 %13 %10 %6 %
2Q223Q224Q221Q232Q233Q234Q231Q242Q24
Total Revenues$4.3 $6.1 $4.0 $3.8 $5.5 $7.3 $4.8 $4.4 $5.9 
Year/Year Growth98.7 %29.4 %35.8 %40.2 %27.2 %21.3 %18.1 %16.9 %7.3 %
Constant-currency Basis114 %44 %47 %46 %27 %16 %15 %17 %9 %
 
(1)Amounts may not total due to rounding.

(2) Gross bookings is an operating and statistical metric that captures the total dollar value, generally inclusive of taxes and fees, of all travel services booked by our customers, net of cancellations.




9
v3.24.2.u1
Document and Entity Information
Aug. 01, 2024
Entity Information [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Aug. 01, 2024
Entity Registrant Name Booking Holdings Inc.
Entity Central Index Key 0001075531
Entity Incorporation, State or Country Code DE
Entity File Number 1-36691
Entity Tax Identification Number 06-1528493
Entity Address, Address Line One 800 Connecticut Avenue
Entity Address, City or Town Norwalk
Entity Address, State or Province CT
Entity Address, Postal Zip Code 06854
City Area Code 203
Local Phone Number 299-8000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock par value $0.008 per share  
Entity Information [Line Items]  
Title of 12(b) Security Common Stock par value $0.008 per share
Trading Symbol BKNG
Security Exchange Name NASDAQ
2.375% Senior Notes Due 2024  
Entity Information [Line Items]  
Title of 12(b) Security 2.375% Senior Notes Due 2024
Trading Symbol BKNG 24
Security Exchange Name NASDAQ
0.100% Senior Notes Due 2025  
Entity Information [Line Items]  
Title of 12(b) Security 0.100% Senior Notes Due 2025
Trading Symbol BKNG 25
Security Exchange Name NASDAQ
4.000% Senior Notes Due 2026  
Entity Information [Line Items]  
Title of 12(b) Security 4.000% Senior Notes Due 2026
Trading Symbol BKNG 26
Security Exchange Name NASDAQ
1.800% Senior Notes Due 2027  
Entity Information [Line Items]  
Title of 12(b) Security 1.800% Senior Notes Due 2027
Trading Symbol BKNG 27
Security Exchange Name NASDAQ
0.500% Senior Notes Due 2028  
Entity Information [Line Items]  
Title of 12(b) Security 0.500% Senior Notes Due 2028
Trading Symbol BKNG 28
Security Exchange Name NASDAQ
3.625% Senior Notes Due 2028  
Entity Information [Line Items]  
Title of 12(b) Security 3.625% Senior Notes Due 2028
Trading Symbol BKNG 28A
Security Exchange Name NASDAQ
4.250% Senior Notes Due 2029  
Entity Information [Line Items]  
Title of 12(b) Security 4.250% Senior Notes Due 2029
Trading Symbol BKNG 29
Security Exchange Name NASDAQ
3.500% Senior Notes Due 2029  
Entity Information [Line Items]  
Title of 12(b) Security 3.500% Senior Notes Due 2029
Trading Symbol BKNG 29A
Security Exchange Name NASDAQ
4.500% Senior Notes Due 2031  
Entity Information [Line Items]  
Title of 12(b) Security 4.500% Senior Notes Due 2031
Trading Symbol BKNG 31
Security Exchange Name NASDAQ
3.625% Senior Notes Due 2032  
Entity Information [Line Items]  
Title of 12(b) Security 3.625% Senior Notes Due 2032
Trading Symbol BKNG 32
Security Exchange Name NASDAQ
4.125% Senior Notes Due 2033  
Entity Information [Line Items]  
Title of 12(b) Security 4.125% Senior Notes Due 2033
Trading Symbol BKNG 33
Security Exchange Name NASDAQ
4.750% Senior Notes Due 2034  
Entity Information [Line Items]  
Title of 12(b) Security 4.750% Senior Notes Due 2034
Trading Symbol BKNG 34
Security Exchange Name NASDAQ
3.750% Senior Notes Due 2036  
Entity Information [Line Items]  
Title of 12(b) Security 3.750% Senior Notes Due 2036
Trading Symbol BKNG 36
Security Exchange Name NASDAQ
4.000% Senior Notes Due 2044  
Entity Information [Line Items]  
Title of 12(b) Security 4.000% Senior Notes Due 2044
Trading Symbol BKNG 44
Security Exchange Name NASDAQ
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