Revenue of Booking Holdings 2007-2020

Due to the coronavirus (COVID-19) pandemic, the revenue of Booking Holdings worldwide decreased significantly in 2020 over the previous year. In 2019, the company's total income amounted to over 15 billion U.S. dollars. In 2020, revenue dropped to roughly 6.8 billion U.S. dollars. Overall, the net income of Booking Holdings worldwide amounted to about 59 million U.S. dollars in 2020, the lowest figure recorded since 2007.

A major player in the online travel sector

Booking Holdings is one of the key players in the global online travel industry. Between 2007 and 2009, the company's revenue grew steadily. Similarly, the global revenue of Expedia, Booking's main competitor, rose gradually until 2019, when they reached about 12 billion U.S. dollars. However, Expedia's total revenue more than halved in 2020, due to the health crisis.

What do people book?

Most bookings made through Booking Holdings are hotel room nights. In 2020, the company recorded roughly 355 million reservations of this type. Booking Holdings also offers transportation bookings, with about 31 million rental car days and six million airline tickets being booked through the company in 2020.