Strong Financial Performance
Fourth quarter gross bookings grew 17%, revenue increased 14%, and adjusted EBITDA rose 26% year-over-year, all exceeding prior guidance.
Significant Growth in Room Nights
Fourth quarter room nights grew 13% year-over-year, with double-digit growth across all major regions.
Record Adjusted Earnings Per Share
Adjusted EPS for the fourth quarter increased 30% year-over-year.
Alternative Accommodations Growth
Alternative accommodations room nights grew 19% in the fourth quarter, with listings increasing by 8% to 7.9 million.
Airline Ticket Growth
Fourth quarter saw 52% growth in airline ticket bookings, an acceleration from previous quarters.
Merchant Gross Bookings Increase
Merchant gross bookings reached 59% of total gross bookings at Booking.com, a 9 percentage point increase year-over-year.
Expansion of Genius Loyalty Program
Genius loyalty program levels 2 and 3 represented over 30% of active travelers, with a mid-50s percentage of room nights booked by these travelers.
Generative AI Integration
Integration of AI into offerings like Booking.com's AI trip planner and Priceline's AI powered travel assistant, with expected operational efficiency improvements.
Capital Return Initiatives
A new $20 billion share repurchase authorization and a 10% increase to the quarterly cash dividend were announced.