Booking Holdings' revenue increased by 25 percent in 2023 over the previous year. Overall, the company's total revenue, based on merchant, agency, advertising, and other types of revenue, amounted to roughly 21.4 billion U.S. dollars in 2023. That year, the net income of Booking Holdings exceeded four billion U.S. dollars.
A major player in the online travel market
Booking Holdings is one of the key players in the global online travel industry. In 2024, booking.com - the site of Booking Holdings' leading brand - was the most visited travel and tourism website worldwide. As the company's earnings rose significantly in 2023 over the previous year, other online travel agencies (OTAs) reported a similar trend. For instance, revenue of Expedia Group, Booking Holdings' main competitor, experienced a 10 percent annual increase in 2023, surpassing the figures reported before the COVID-19 pandemic.
What is Booking Holdings' leading business segment?
Most bookings made through Booking Holdings are for room nights. In 2023, reservations of this type exceeding one billion. Meanwhile, Booking Holdings also offers transportation bookings, with over 70 million rental car days and 36 million airline tickets being booked through the company that year.
Revenue of Booking Holdings from 2007 to 2023
(in billion U.S. dollars)
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U.S. Securities and Exchange Commission. (February 22, 2024). Revenue of Booking Holdings from 2007 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/225455/booking-holdings-total-revenue/
U.S. Securities and Exchange Commission. "Revenue of Booking Holdings from 2007 to 2023 (in billion U.S. dollars)." Chart. February 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/225455/booking-holdings-total-revenue/
U.S. Securities and Exchange Commission. (2024). Revenue of Booking Holdings from 2007 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/225455/booking-holdings-total-revenue/
U.S. Securities and Exchange Commission. "Revenue of Booking Holdings from 2007 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Feb 2024, https://www.statista.com/statistics/225455/booking-holdings-total-revenue/
U.S. Securities and Exchange Commission, Revenue of Booking Holdings from 2007 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/225455/booking-holdings-total-revenue/ (last visited November 21, 2024)
Revenue of Booking Holdings from 2007 to 2023 (in billion U.S. dollars) [Graph], U.S. Securities and Exchange Commission, February 22, 2024. [Online]. Available: https://www.statista.com/statistics/225455/booking-holdings-total-revenue/
