Booking Holdings Exec Says Middle East Conflict, Related Macroeconomic Developments Continue To Affect Travel Demand; Long-haul International Travel Remained Pressured By Elevated Airline Prices, Reduced Capacity Due To The Conflict In The Middle East; Domestic, Intraregional Travel Remained Relatively Healthy; Saw Continued Growth In Our Direct Channel And Increasing Engagement Across Multiple Travel Verticals;
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Why It Matters
Booking Holdings says the Middle East conflict is making some people hesitant to book long trips overseas because airplane tickets are more expensive. But people are still happily booking trips closer to home and using Booking's website directly.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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