BKNG · 10-Q · 2026Q3 · Full report

Geographic Market Commentary

Booking Holdings Inc. · 2026-11-03 · Importance 20 · Surprise 24

The third-quarter improvement in room-night growth primarily reflected stronger international travel originating from Europe and Asia, while domestic travel remained relatively healthy across all regions. International room nights continued to grow more slowly year over year than domestic room nights. Indirect effects of the Middle East conflict, including elevated airfares, continued to weigh on long-haul international travel demand, although direct demand impacts had largely normalized. Constant-currency global ADRs were approximately 3% higher year over year, primarily reflecting higher ADRs in Europe.

Key facts

• The Q3 2026 room-night growth acceleration primarily reflected improved international travel originating from Europe and Asia; domestic travel remained relatively healthy across all regions. source
• Global ADRs on a constant-currency basis were approximately 3% higher in Q3 2026 than in the prior year, primarily driven by higher ADRs in Europe. source
• During the three and nine months ended September 30, 2026 and 2025, a majority of Booking Holdings Inc.'s income was reported in the Netherlands, where Booking.com is based. source