In Asia, we continue to see one of the most compelling structural growth opportunities in the global travel industry. During the first quarter, the region performed well with room night growth in the high single digits, including low double-digit growth for travel within the region.

Apr 28, 2026 / receipt, needs a key / Glenn Fogle, CEO | earnings call 2026-04-28 | transcript ec7eab2d-1302-4257-b4a2-59de002d6c08 | chars 7485-7768 | segment 7

In terms of the more recent signals, it's too early to draw any conclusions around it. yes we see some prices going up for example over airline ticket prices with some of the airlines reducing capacity how much that ultimately will impact demand is still uncertain so i can't give you a specific answer on it but lifting this up a little bit and just from a bigger picture outside of those areas that we highlighted in terms of middle east impact outside of those actually travel markets globally have remained very healthy Intra-European travel was up high single digits. Intra-Asia travel was up low double digits. And as we mentioned, our growth in the U.S. was up low teens. So there is very specific areas where we see this impact of the Middle East, but generally we don't see customers globally being cautious. We actually see outside of those areas that are impacted actually travel demand continuing to do very well.

Apr 28, 2026 / receipt, needs a key / Glenn Fogle, CEO | earnings call 2026-04-28 | transcript ec7eab2d-1302-4257-b4a2-59de002d6c08 | chars 43659-44584 | segment 43

Finally, I want to touch on Asia, which remains a driver of growth for us and is one of our most exciting long-term opportunities. It is the fastest growing major travel market in the world, with industry growth expected to remain in the high single digits over the next several years. And our ambition is to grow even faster than the market.

Oct 28, 2025 / receipt, needs a key / Glenn Fogle, CEO | earnings call 2025-10-28 | transcript f701d560-2f43-46cb-a1fd-22a1b79bfeab | chars 12024-12366 | segment 11

And the fact that we are globally so well diversified Just want to call out what we have said in the past, a little bit over 50% of our business is in Europe, about 25% is in Asia, low double digits in terms of room nights is in the US. So we're very well diversified to help travelers to go to other destinations and economically we're completely fine and neutral with that.

Apr 29, 2025 / receipt, needs a key / David, other | earnings call 2025-04-29 | transcript 3ff41352-9e33-499b-95fa-49bf2d8c927e | chars 28713-29088 | segment 28

At the start of the second quarter, we are currently seeing stable levels of global leisure travel demand despite rising geopolitical and macroeconomic concerns.

Apr 29, 2025 / receipt, needs a key / Glenn Vogel, CEO | earnings call 2025-04-29 | transcript 3ff41352-9e33-499b-95fa-49bf2d8c927e | chars 2754-2915 | segment 2

We have invested a lot of our technology in this space and expertise working together with some of the large social media channels, particularly Meta, where we have built a very close relationship. I don't want to say too much about that from a competitive perspective, but this is very much a bespoke model where both teams from both companies have built a very effective way how we can monetize their leads and our leads, because this is really based on both remarketing and prospecting that comes from both sides, as well as very personalized, creative content in terms of feeds. Incremental ROIs that we can measure with respect to social media channels is something that is new, but we have been able to find out, figure out how to do that. So therefore, we are very confident that this is not ultimately a traveler that would have booked anyhow with us, but is really an incremental traveler that comes to us. And therefore, we're spending much more at attractive incremental ROI.

Feb 20, 2025 / receipt, needs a key / Glenn, CEO | earnings call 2025-02-20 | transcript 870353c3-7c81-42a2-a689-819a08caec0f | chars 44802-45788 | segment 45

We're focused on continuing to build on this progress by furthering improving the product for our supply partners and travelers, particularly in the U.S.

Feb 22, 2024 / receipt, needs a key / Glenn Fogle, CEO | earnings call 2024-02-22 | transcript 70b60b45-e9c1-4dfe-beaa-806fb78444f4 | chars 15094-15247 | segment 15

On flights, we have continued to scale up our offering at Booking.com since launching in 2019, with total company air tickets booked in 2023 up more than 400% over that timeframe, primarily driven by Booking.com. We see this vertical bringing new customers to our platform while delivering a more complete offering to our existing customers, making travel planning and booking easier for them and creating opportunities to provide more value to them.

Feb 22, 2024 / receipt, needs a key / Glenn Fogle, CEO | earnings call 2024-02-22 | transcript 70b60b45-e9c1-4dfe-beaa-806fb78444f4 | chars 4875-5325 | segment 5

On loyalty, we've expanded and enhanced our Genius Loyalty Program at Booking.com to deliver more benefits to more of our traveler customers with more of our property and rental car partners participating.

Feb 22, 2024 / receipt, needs a key / Glenn Fogle, CEO | earnings call 2024-02-22 | transcript 70b60b45-e9c1-4dfe-beaa-806fb78444f4 | chars 5999-6204 | segment 6

Importantly, we see these types of customers returning to us more frequently, and we plan to experiment with expanding our Genius program to include all travel verticals in 2024, which we expect will drive more valued travelers across the different elements of the Connected Trip.

Feb 22, 2024 / receipt, needs a key / Glenn Fogle, CEO | earnings call 2024-02-22 | transcript 70b60b45-e9c1-4dfe-beaa-806fb78444f4 | chars 10593-10873 | segment 11

And as we take a very early look ahead to 2024, we see strong growth on the books for travel that will take place in the first quarter of next year, though a high percentage of these bookings are cancelable.

Nov 2, 2023 / receipt, needs a key / David Goulden, CFO | earnings call 2023-11-02 | transcript 5c472e55-fe90-4ac1-a0e6-e5037d207101 | chars 3273-3480 | segment 3

Given current trends, we expect customers and consumers will continue to prioritize travel over other discretionary spend in 2024.

Nov 2, 2023 / receipt, needs a key / David Goulden, CFO | earnings call 2023-11-02 | transcript 5c472e55-fe90-4ac1-a0e6-e5037d207101 | chars 3481-3611 | segment 3