Booking Holdings outperforms competitors on down day

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Booking Holdings ($NASDAQ:BKNG), Inc. is an online travel company that operates a portfolio of travel brands. The company’s brands include Booking.com, Kayak, Agoda, and Rentalcars.com. On a day when the stock market saw losses, Booking Holdings outperformed its competitors. The company’s stock price was down less than 1%, while its competitors saw stock prices decline by 2-3%.

Booking Holdings has a strong portfolio of travel brands that are leaders in their respective markets. The company is well-positioned to weather economic downturns and continue to grow.

Share Price

Booking Holdings, the world’s largest online travel company, outperformed its competitors on Monday, despite the overall market downturn. At the time of writing, most news coverage of Booking Holdings was positive, with the stock opening at $1870.9 and closing at $1869.5, down only 0.1% from its last closing price of $1871.7. Booking Holdings’ strong performance is a testament to the company’s innovative business model and its ability to weather economic downturns.

VI Analysis

Booking Holdings is a company with strong long-term potential, as reflected in its fundamentals. However, according to VI’s Risk Rating, it is a medium-risk investment in terms of financial and business aspects. VI’s App has detected 2 risk warnings in its income sheet and balance sheet. Register on vi.app to check it out.

VI Peers

Booking Holdings Inc, Expedia Group Inc, Ezfly International Travel Agent Co Ltd, and Adventure Inc are all travel companies that compete for customers. They all offer different services, but they all aim to make booking travel easier and more convenient for customers.

– Expedia Group Inc ($NASDAQ:EXPE)

Expedia Group is an online travel company that owns and operates a portfolio of travel brands. Its brands include Expedia.com, Hotels.com, trivago, HomeAway, Orbitz, Travelocity, Wotif, lastminute.com.au, and eLong. The company offers a one-stop travel booking experience to its customers. It enables customers to compare prices and book travel services from a single platform.

– Ezfly International Travel Agent Co Ltd ($TPEX:2734)

Ezfly International Travel Agent Co Ltd is a travel company based in Taiwan. The company offers a variety of travel services, including flight tickets, hotel reservations, and tour packages. Ezfly International Travel Agent Co Ltd has a market cap of 912.87M as of 2022, a Return on Equity of -19.32%. The company has been negatively impacted by the COVID-19 pandemic, as travel restrictions have prevented customers from using its services. Ezfly International Travel Agent Co Ltd is working to adapt its business model in order to survive the pandemic and continue operating in the future.

– Adventure Inc ($TSE:6030)

Adventure Inc. is a publicly traded company with a market capitalization of $85.43 billion as of 2022. The company’s return on equity is 13.93%. Adventure Inc. operates in the adventure travel industry, providing travelers with unique and immersive experiences. The company has a strong focus on customer service and safety, and has been recognized as a leader in the industry. Adventure Inc. offers a variety of travel products and services, including adventure tours, safaris, and cruise vacations.

Summary

On a down day for the markets, Booking Holdings outperformed its competitors. Booking Holdings is the world’s largest online travel company. The company operates a number of well-known travel websites, including Booking.com, Kayak, and Priceline.com. Investors may be attracted to Booking Holdings because of its strong market position and growth potential. The company is expected to benefit from the continued growth of online travel bookings.

In addition, Booking Holdings has been aggressively expanding its business into new areas, such as vacation rentals and transportation. Risks to consider before investing include the potential for increased regulation of the online travel industry and competition from other travel companies.