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This statistic highlights Booking Holdings’ Revenue by Region, split across the Netherlands, the US and all other regions, reported on a quarterly basis from Q2 2017 onwards.
Booking Holding Inc is a company that enables customers to make travel service reservations online.
|Revenue by region||Q3 2020||Q2 2021||Q3 2021|
(All figures in billions)
The total revenue of Booking Holdings increased from $2.64 billion in Q3 2020 to $4.68 billion in Q3 2021, growing at a rate of 77.27% on a year-on-year basis. It marked a larger growth of 116.67% on a quarter-on-quarter basis, from $2.16 billion in Q2 2021 to $4.68 billion in Q3 2021. The total revenue fell due to covid restrictions from $2.64 billion in Q3 2020 to $2.16 billion in Q2 2021, but then gained momentum and rose to $4.68 billion in Q3 2021.
The company derives a substantial portion of their revenue from international areas of operation. A major portion of the total revenue of Booking Holdings, about 84.6% is contributed by the Netherlands. The US stands at second place, contributing 9.5% towards the total revenue of the company. All the other countries, except Netherlands and US, contribute 5.9% to the total revenue.
The US is the world’s largest economy, yet the company makes the maximum of its revenue internationally. This is because in the US, people generally book hotel rooms directly through the hotel chains’ website for loyalty discounts and not through Booking Holdings.
For Booking Holdings, United States is the second largest revenue contributor. About 9.5% of Booking Holdings’ revenue comes from operations in the US. The revenue generated by the US stood at $0.44 billion, up by 109.5% from $0.21 billion in Q3 2020 and by 12.8% from $0.39 billion in Q2 2021.
Booking.com, a brand under the Booking holdings INC, is the world’s leading brand for booking online accommodation reservations. It is domiciled in the Netherlands and contributes largely to Booking Holdings’ revenue. Rentalcars.com, based in the United Kingdom, also contribute to the revenue generated in the Netherlands.
The majority of Booking Holdings revenue, about 84.6%, comes from the Netherlands. It generated $3.96 billion in Q3 2021, which was up by 77.58% from $2.23 billion in Q3 2020 and by 147.5% from $1.60 billion in Q2 2021.
Booking Holdings operates in more than 200 countries and territories including Europe, Asia Pacific, Africa, America and the Middle East through its different brands. For instance, the Asia based brand ‘Agoda’ contributes to some of Booking Holdings’ revenue.
The top contributors remain the US and the Netherlands, and approximately 6% of this company’s revenue comes from other regions. In Q3 2021, Booking Holdings made $0.28 billion as the total revenue, which was up by 40% from $0.20 billion in Q3 2020 and by 65% from $0.28 billion in Q2 2021.
Booking Holdings Inc is an American travel technology company, which provides travel and related services to its customers. The mission of the company is to help people experience the world. It was founded in 1997 by Jay S Walker in Stamford, Connecticut. The company has its headquarters in Norwalk, Connecticut and has more than 300 offices across the globe with over 24,000 employees. It is present in over 220 countries through its six primary consumer-facing brands: Priceline (its first online travel site), Booking.com, Agoda, Rentalcars.com, KAYAK and OpenTable. They provide online booking of accommodation, offer cars for rental, flights, tours and restaurants. The company competes globally with both online and traditional travel providers. Booking Holding’s common stock is publicly traded on the NASDAQ under the symbol “BKNG”.
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