Finance2 sources
Booking Holdings Lowers Q4 Outlook Due to Price Increases and Unrest
- Booking Holdings' Q4 outlook missed analyst expectations.
- Higher flight prices and protests in Paris impacted travel demand in October.
- Booking Holdings reported a 9% growth in adjusted revenue for Q3.
- The company guided Q4 room night growth to between 1% and 3%.
- Shares fell about 1.3% in after-hours trading.