Booking Holdings Inc topped market expectations for quarterly profit and revenue on Wednesday, but said a COVID-19 resurgence in Europe had cast uncertainty over year-end demand.
A tourist shows his "Green Pass", a document showing proof of coronavirus disease immunity, as he enters the Colosseum, in Rome, Italy, September 16, 2021. REUTERS/Yara Narditopped market expectations for quarterly profit and revenue on Wednesday, but said a COVID-19 resurgence in Europe had cast uncertainty over year-end demand.
Its shares rose 3.7% in extended trading as gross travel bookings surged 77% from a year earlier to $23.7 billion. Room nights - a measure of occupancy at any property - rose 44%. "Looking forward to November and December, the rising case counts across many important Western European countries and much of Eastern Europe ... creates unpredictability," Chief Financial Officer David Goulden said on an earnings call.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kristy Swanson, Pro-Trump Actress Who’s Questioned COVID Protocols, Hospitalized With COVIDThe New York Post reported the news with the headline “Anti-vax ‘Obamagate’ actor Kristy Swanson hospitalized with COVID,” to which Swanson responded “Fact Check: I have NEVER said I am anti-vax.”
Read more »
COVID-19 vaccine campaign expands to elementary-age childrenThe U.S. enters a new phase Wednesday in its COVID-19 vaccination campaign, with shots now available to millions of elementary-age children in what health officials hailed as a major breakthrough after more than 18 months of illness, hospitalizations, deaths and disrupted education.
Read more »
The Kids Are Getting Their Covid-19 Vaccine, the Parents Are Buying Plane TicketsMore families are embracing the idea of air travel now that their children will be able to get the Covid-19 vaccine.
Read more »
Death on the high seas: Cruise passengers face head winds with COVID lawsuitsCruise giants Carnival, Princess, and Royal Caribbean — which face dozens of COVID-19 related lawsuits — have the legal upper-hand, experts say. hugomartin reports:
Read more »
Covid: Hard months to come in pandemic for UK, says Van-TamToo many people believe the pandemic is over, England's deputy chief medical officer warns.
Read more »
Breath Test Study Shows New Way to Rapidly Test for COVIDResearchers found that a 'breath print' identified patients with COVID-19 pneumonia with 88% accuracy upon admission to an ICU. Other researchers are developing breath tests as well.
Read more »