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OFFON

BOOKING HOLDINGS INC.

(BKNG)
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Gettin' Back in the Groove: Booking.com's 7 Predictions for the Triumphant Return of Travel in 2022

10/19/2021 | 04:01am EST

TORONTO, Oct. 19, 2021 /CNW/ -- In its most extensive travel predictions research to date, Booking.com reveals how a renewed sense of optimism is fueling a hunger to make 2022 the year to make the most of the unpredictability and get back to fully experiencing the world. Trends for the year ahead include:

  1. Vitamin Vacay - More so than daily exercise or mindful meditation, getting away on vacation will become THE form of self-care in 2022, with three quarters of Canadian travellers (74%) affirming that travel helps their mental and emotional wellbeing more than any other form of rest and relaxation.
  2. Resetting the Out Of (Home) Office - When the pandemic hit, our homes became our offices too, and the novelty of working remotely was realized. However, in 2022 we'll see a significant rise in people wanting to take back control in firmly re-establishing a healthy work-life balance as vacation time will be strictly work-free for three quarters of Canadians (72%).
  3. All the First-Time Feels - Remember what it was like to board a plane for the very first time? Or even just to check into a hotel? After feeling 'stuck' for so long, rather than rushing through the journey, Canadians will be relishing every moment, with 72% reporting that travel is more enjoyable when the journey feels like part of the trip itself.

For the full list of  Booking.com's travel predictions for 2022 and research methodology, visit https://news.booking.com/en-ca/ or https://www.booking.com/c/trends/travelpredictions2022.html.

About Booking.com:

Part of Booking Holdings Inc. (NASDAQ: BKNG), Booking.com's mission is to make it easier for everyone to experience the world whenever it's safe to do so again. By investing in the technology that helps take the friction out of travel, Booking.com seamlessly connects millions of travelers with memorable experiences, a range of transportation options and incredible places to stay -from homes to hotels and much more. Booking.com is available in 44 languages and offers more than 28 million total reported accommodation listings, including more than 6.6 million listings of homes, apartments and other unique places to stay.

CONTACT DETAILS:
Booking.com Canada Press Office:
Annie Hennessey
Hello@goldiepr.com

Cision
View original content:https://www.prnewswire.com/news-releases/gettin-back-in-the-groove-bookingcoms-7-predictions-for-the-triumphant-return-of-travel-in-2022-301403040.html

SOURCE Booking.com

© Canada Newswire, source Canada Newswire English

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Financials (USD)
Sales 2021 10 859 M - -
Net income 2021 1 079 M - -
Net cash 2021 2 387 M - -
P/E ratio 2021 82,6x
Yield 2021 -
Capitalization 86 309 M 86 309 M -
EV / Sales 2021 7,73x
EV / Sales 2022 5,32x
Nbr of Employees 19 600
Free-Float 64,4%
Chart BOOKING HOLDINGS INC.
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Booking Holdings Inc. Technical Analysis Chart | BKNG | US09857L1089 | MarketScreener
Technical analysis trends BOOKING HOLDINGS INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 33
Last Close Price 2 101,85 $
Average target price 2 732,56 $
Spread / Average Target 30,0%
EPS Revisions
Managers and Directors
Glenn D. Fogel Chief Executive Officer & Director
David Ian Goulden Chief Financial Officer & Executive Vice President
Robert J. Mylod Chairman
Thomas E. Rothman Independent Director
Timothy M. Armstrong Independent Director
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