Booking Holdings

BKNG

Booking Holdings Inc. is an American company organized in Delaware and based in Norwalk, Connecticut, that owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. It operates websites in about 40 languages and 200 countries. In 2017, 89% of its gross profit was made outside the United States – most of which used Booking.com.In 2019, consumers booked 845 million room nights of accommodation, 77 million rental car days, and 7 million airplane tickets using websites owned by Booking Holdings.In 2017, 93.4% of revenues were derived from commissions and 6.6% of revenues were derived from advertising.The company ranked 216th on the 2019 Fortune 500 list of the largest United States corporations by revenue.

Booking Holdings has been a target of short sellers for a while. The current short interest of 2.68% is roughly at the average of the last 12 months (1.48%).