
Booking.com is owned by Booking Holdings Inc. (NASDAQ: BKNG), a publicly traded American travel company headquartered in Norwalk, Connecticut. Booking Holdings acquired Booking.com in July 2005 for $133 million. Booking.com is headquartered in Amsterdam, Netherlands, and lists approximately 3.4 million properties across over 220 countries. Booking Holdings reported full-year 2025 revenue of $26.9 billion, with gross bookings of $186.1 billion and 1,235 million room nights.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Booking.com | Booking Holdings | Wholly owned |
Booking.com traces its origins to 1996, when Geert-Jan Bruinsma, a student at Universiteit Twente in Enschede, Netherlands, founded Bookings.nl. The site was a small hotel booking platform that allowed users to reserve rooms online. In 2000, Bookings.nl merged with Bookings Online, a company founded by Sicco and Alec Behrens, Marijn Muyser, and Bas Lemmens, which operated as Bookings.org. The combined entity adopted the name Booking.com, and Stef Noorden was appointed CEO.
In July 2005, Priceline Group acquired Booking.com for $133 million and merged it with ActiveHotels.com. The combined company retained the Booking.com name and Amsterdam headquarters. This merger gave Priceline a dominant position in European online hotel bookings, a market that was growing rapidly as internet adoption accelerated.
Following the acquisition, Booking.com expanded aggressively across Europe and then globally. The platform's merchant model, where Booking.com facilitated payments directly from travelers to properties, proved attractive to both consumers and hotel partners. By the 2010s, Booking.com had become the largest online travel agency in the world by room nights booked.
Darren Huston served as CEO of Booking.com from September 2011 until his resignation in April 2016 following a personal conduct issue. Gillian Tans then served as CEO from 2016 until 2019, when Glenn Fogel took over the role in addition to his position as CEO of Booking Holdings.
In 2018, Priceline Group changed its corporate name to Booking Holdings, reflecting the dominance of the Booking.com brand within the portfolio. The parent company's Nasdaq ticker remained BKNG.
Booking.com has expanded beyond accommodation into flights, rental cars, airport taxis, and restaurant reservations through its sister brand OpenTable. The platform now lists approximately 3.4 million properties, including 475,000 hotels, motels, and resorts, and 2.9 million apartments and vacation rentals, across over 220 countries and territories in 43 languages.
For full-year 2025, Booking Holdings reported 1,235 million room nights booked, up 8% from 2024. Gross bookings reached $186.1 billion, up 12%. The company's Transformation Program enabled approximately $550 million in annual run-rate savings, with full realization expected by the end of 2026.
What does Booking Holdings own?
Booking Holdings owns Booking.com (world's largest online accommodation platform), Priceline (U.S. online travel agency), Agoda (Asian hotel booking), KAYAK (travel metasearch), OpenTable (restaurant reservations), and Rentalcars.com. Booking.com is the company's largest and most important brand.
Is Booking Holdings publicly traded?
Yes, Booking Holdings Inc. trades on NASDAQ under ticker symbol BKNG. The company has no controlling shareholder, with ownership distributed among institutional investors including Vanguard Group and BlackRock. In Q1 2026, the Board approved a 25-to-1 stock split effective April 2, 2026.
What is Booking Holdings' annual revenue?
In FY2025, Booking Holdings reported revenue of $26.9 billion, up 13% year over year. Gross travel bookings were $186.1 billion, up 12%. Adjusted EBITDA was $9.9 billion with a margin of 36.9%. Free cash flow was $9.1 billion.
Who founded Booking Holdings?
Booking Holdings was founded in 1997 by Jay Walker as Priceline.com in Norwalk, Connecticut. The company was renamed Booking Holdings in 2018 to reflect the prominence of Booking.com, which was acquired in 2005 for approximately $133 million and grew to become the world's largest online accommodation platform.
What is Booking.com?
Booking.com is the world's largest online accommodation booking platform, offering more than 28 million listings of hotels, apartments, homes, and other accommodations in more than 220 countries and territories. It is headquartered in Amsterdam, Netherlands, and is the dominant brand in European online hotel booking.
What is the Connected Trip?
The Connected Trip is Booking Holdings' strategic vision to integrate all aspects of travel planning and booking across its brands, allowing travelers to plan, book, and manage their entire trip (flights, accommodation, car rental, activities, dining) through a seamless, personalized experience powered by AI and data.
Who is Booking Holdings' CEO?
Glenn Fogel has served as Chief Executive Officer of Booking Holdings since January 2017. Fogel has been with the company since 2000 and led the acquisitions of Booking.com, Agoda, KAYAK, and OpenTable.
Booking Holdings has set science-based climate targets validated by the Science Based Targets initiative (SBTi) in 2024. The company aims to reduce absolute Scope 1 and 2 emissions by 95% and absolute Scope 3 emissions by 50% against a 2019 baseline by 2030. By 2040, the company targets a 90% reduction in Scope 3 emissions against the same baseline. These are independently verified targets, not self-declared goals.
Booking.com has introduced sustainability features on its platform, including a Travel Sustainable badge that highlights properties with verified sustainability practices. The badge is based on criteria developed by Booking.com in consultation with sustainability experts. Properties must meet specific requirements related to waste reduction, energy efficiency, water conservation, and local community engagement to earn the badge.
The company's 2025 Travel and Sustainability Report found that 53% of travelers are conscious of tourism's impact on local communities and the environment. Booking.com uses this data to inform its product features and partner programs.
Booking Holdings publishes annual sustainability reports detailing progress toward its climate targets, renewable energy usage, and social impact programs. The company's sustainability strategy is organized around three pillars: Planet, People and Communities, and Travel.
No third-party certifications such as B Corp status or LEED certification apply to Booking.com as a brand. The SBTi validation applies to Booking Holdings at the corporate level. The Travel Sustainable badge is a proprietary program, not an independently certified label.
Spanish Antitrust Fines (2024): Spanish regulators imposed two fines totaling 413 million euros ($448 million) on Booking.com in July 2024 for abusing its dominant position in the Spanish market. The National Markets and Competition Commission (CNMC) found that Booking.com engaged in anti-competitive practices. An additional Spanish fine of approximately $530 million was reported in a draft decision, bringing total Spanish penalties to nearly $1 billion for 2024.
European Hotel Class Action (2025-2026): In August 2025, Hotrec (Hotels, Restaurants and Cafes in Europe) initiated a class action lawsuit on behalf of over 10,000 European hotels. The lawsuit alleges that Booking.com used illegal "best price" parity clauses between 2004 and 2024 to distort the market. The deadline for hotels to join was extended to August 29, 2025 due to high demand. By July 2026, the lawsuit had expanded with nearly 7,700 hotels joining an existing action in the Netherlands. The total claim is estimated at approximately 8 billion euros.
Italian Antitrust Investigation (2026): In April 2026, Italy's antitrust regulator opened an investigation into Booking.com over alleged unfair commercial practices linked to its "Preferred Partner" and "Preferred Partner Plus" programs. The regulator suspects that hotels enrolled in these programs receive better search positioning and visual prominence based on commission rates paid to Booking.com rather than service quality. Italian finance police conducted inspections at Booking.com's Italian offices. The regulator noted that 70% of hotel bookings in Italy are made through specialized websites, with Booking.com accounting for 42% of digital bookings.
Dutch Consumer Class Action: Two Dutch consumer groups filed a class action lawsuit alleging that Dutch travelers have paid inflated prices since 2013 due to Booking.com's parity clauses. The lawsuit claims approximately 1 billion euros in losses for consumers. The groups also allege the use of "dark patterns" including misleading statements about hidden costs, prices, and room availability. Booking.com stated that the claims are "incorrect and unjustified" and that it had removed parity clauses in Europe.
Market Dominance Concerns: Booking Holdings controlled approximately 71% of the European online travel market in 2024, up from 68.4% in 2019. This level of market concentration has attracted scrutiny from competition authorities across multiple European jurisdictions and has been cited as evidence in antitrust proceedings.
Commission Rate Criticism: Hotel partners and industry associations have criticized Booking.com's commission rates, which typically range from 15% to 25% of the booking value. Hoteliers argue that the company's market power allows it to impose unfavorable terms. Booking.com has defended its commissions as reflecting the value of the platform's reach and booking volume.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Expedia Group | USA | 1991 | Mass market | Global | All Genders | |
| Booking Holdings | Singapore | 2005 | Mass market | Asia pacific | All Genders | |
| Expedia Group | Australia | 2000 | Mass market | Global | All Genders |
Travel HospitalityOwned by Expedia Group
Online accommodation booking platform specializing in hotel reservations, vacation rentals, and lodging options worldwide. A wholly-owned subsidiary of Expedia Group.
Travel HospitalityOwned by Booking Holdings
Singapore-based online travel platform owned by Booking Holdings, specializing in hotel bookings across Asia-Pacific with global reach covering flights, vacation packages, and alternative accommodations.
Travel HospitalityOwned by Expedia Group
Australian online travel booking platform founded in 2000 by Graeme Wood, acquired by Expedia Group in 2014 for approximately AU$703 million and now operating as part of Expedia Group's B2C portfolio.
Market Positioning: Booking.com competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Travel HospitalityOwned by Kerzner International Holdings Limited
Villa-style accommodation complex at Atlantis Paradise Island featuring residential-style layouts, full kitchens, and family-friendly amenities across the marina from the main resort.
Harborside Resort at Atlantis is privately owned, unlike Booking.com which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
Former hotel tower at Atlantis Paradise Island that was closed in 2021 and acquired by Pharrell Williams for redevelopment into Somewhere Else hotel.
The Beach Tower is privately owned, unlike Booking.com which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
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The Royal Towers is privately owned, unlike Booking.com which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
141-acre water park at Atlantis Paradise Island in the Bahamas, featuring high-speed slides, river rides, and marine habitat experiences, operated by Brookfield Asset Management.
Aquaventure Waterpark is privately owned, unlike Booking.com which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
Luxury integrated resort brand operating properties in the Bahamas, Dubai, and China under two separate ownership structures, with new resorts announced for the Maldives and Saudi Arabia.
Atlantis Resorts is privately owned, unlike Booking.com which is under a publicly traded parent company.
Travel HospitalityOwned by Kerzner International Holdings Limited
14-acre marine habitat and conservation center at Atlantis Paradise Island offering dolphin encounters and marine education programs.
Dolphin Cay is privately owned, unlike Booking.com which is under a publicly traded parent company.
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