Booking Holdings Inc

**Strong Third Quarter Results**: Booking Holdings reported a robust performance in Q3 2024, with room nights increasing by 8% YOY, gross bookings up 9% YOY, and revenue reaching $8 billion, also a 9% increase YOY. Adjusted EBITDA was $3.7 billion, up 12% YOY, outperforming analyst expectations significantly.

**Regional Performance**: European room night growth showed a strong reacceleration starting in August, contributing to better-than-expected results, while Asia continued double-digit growth. U.S. growth remained stable but slower at low single digits. The company is optimistic about the Asian market, projecting it to grow at the highest rate among major regions, while benefiting from the diversification across countries.

**Alternative Accommodations Growth**: The segment for alternative accommodations grew by 14% in Q3, reaching 35% of global room nights booked on Booking.com. The company highlighted plans to improve inventory in underserved markets, particularly in the U.S., indicating potential for further growth.