EarningsBooking guided to 2Q EBITDA between $1.7bn-$1.75bn, below Street estimates at $1.9bn, with margin pressure from Easter timing, negative FX, and elevated tech expenses.
Market ConditionsRecession and macro uncertainty may impact discretionary spending on travel and could negatively impact travel service providers through fewer bookings and rates.
Regulatory IssuesDMA bans parity agreements like the rate parity clauses included in BKNG's hotel contracts, potentially allowing hotels to offer better rates on their own sites than on BKNG.