Booking Holdings Inc.: Can They Tackle The Risks Associated With Intensified Competition in the Global Market? 

Booking Holdings’ third-quarter earnings for 2024 reflected a robust performance, with significant improvements in key financial metrics, driven by strong demand, especially in the European and Asian markets. The company reported an 8% year-over-year increase in room nights, with total bookings on Booking Holdings’ platforms approaching 300 million for the quarter. This growth translated into a 9% rise in revenue year-over-year, reaching $8 billion, and an adjusted EBITDA increase of 12% year-over-year to $3.7 billion. Moreover, adjusted earnings per share saw a 16% increase, aided by a strategic capital return program that reduced the average share count by 6% compared to the previous year.