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Booking Holdings sees Q4 adjusted EBITDA margins slightly higher than last year

Says Q3 room nights exceeded the high end of prior expectations, driven by healthy demand across all major regions. Says Genius members book more often, convert at higher rates, book further in advance, cancel less and choose to come back more consistently than non-Genius customers. Says Q3 has historically been the seasonally highest absolute quarter in terms of revenue and earnings. Comments and guidance taken from Q3 earnings conference call.

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