Booking Holdings Inc (NAS:BKNG)
$ 5214.38 -9.9 (-0.19%) Market Cap: 172.58 Bil Enterprise Value: 173.74 Bil PE Ratio: 35.38 PB Ratio: 0 GF Score: 92/100
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Booking Holdings Inc at RBC Capital Markets TIMT Conference Transcript

Nov 19, 2019 / 04:30PM GMT
Release Date Price: $1845.3 (+0.40%)
Mark Stephen F. Mahaney
RBC Capital Markets, Research Division - MD & Lead Internet Research Analyst

All right. I'm Mark Mahaney, Director of Internet Research at RBC. Glenn Fogel, the CEO of Booking Holdings, is with us. We've got 30 minutes. I'm going to ask questions for 28 of those, and then we'll open it up for Q&A. Glenn, thanks a ton for coming here.

Questions & Answers

Mark Stephen F. Mahaney
RBC Capital Markets, Research Division - MD & Lead Internet Research Analyst

Here's the question I want to start off with. You've been able to maintain 11% roughly room night growth this year. I think this has been not an optimal year for global travel. And I try to remind people like Booking is really a global travel company. The percentage of your travel that's cross-border, it's those Europeans. There's some in the audience who like to travel everywhere around the world, [Vernon] is one, and people in China traveling. And there's been a series of conditions, whether it's currency, political disturbances or whatever, that have made this

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