Booking Holdings boosts forecast as travel demand defies weak economy

Booking Holdings boosts forecast as travel demand defies weak economy

Aug 3 (Reuters) – Booking Holdings (BKNG.O) on Thursday raised its forecast for third-quarter gross bookings as pent-up demand for travel outweighed rising costs and concerns around an uncertain economy, sending its shares up 10.25% in extended trading. It now expects gross bookings, which refers to the total dollar value of all travel services booked … Read more