Booking Holdings Inc. Common Stock Citi’s 2026 Global TMT Conference

I am thrilled to have with us today Glenn Fogel, who is one of the keynote speakers for this year's Global TMT Conference. I think everybody here knows what Booking Holdings is, right? It is one of the largest online travel agencies out there. 1.3-plus billion room nights this year, maybe 36% or a third around alternative accommodations or so. You combine the room nights with air and rental cars, you are talking close to $200-plus or over $200-plus billion of gross bookings this year. Suffice to say, not a small business. We operate in three brands, obviously, Booking, Priceline, Agoda, and many more. With that, Glenn, welcome. Thank you for having me.

Thanks for joining us. Look, it is the end of summer. Maybe I will just start with some icebreakers to get the cobwebs off, if there is such a thing. Let us see. Let us do some icebreakers. First thing that comes to mind, see if you can just fill in the blank.

Okay. All right. Connected Trip is blank.

Great. Great. Genius creates Value.

AI can Solve everything. We'll get into that in a little bit, I'm sure.

Conversion rates have That is something that we have to be very careful answering right now.

Could. Could be great. There we go.

I have got two more, three more maybe.

SEO. SEO is something that is on a trend.

B2B. Great future. How did you book your summer travel?

Did you go on summer vacation, and how did you book it?

I did, and we did use Booking, and we also used a third-party outfitter called Backroads for hiking and biking in Switzerland. It was a fantastic trip, and I saw so many opportunities for us at Booking in the Connected Trip where it could have done certain things that I wanted to do in the future that will make travel so much better.

Always good to have an eye-opening experience, and now you have even more to work towards.

Absolutely. That's helpful. That's helpful around Connected Trip and Genius and what AI can do, make everything better.