Finance : Benchmark Weighs Pros And Cons Of Booking Holdings Heading Into 2020

Kurnos weighed both sides of Booking Holdings catalysts heading into the upcoming year. Conversely, Kurnos added that management’s hesitancy to spend for growth remains a significant overhang and shows no signs of changing any time soon. “The lack of brand spend in particular, along with a muted focus on loyalty and ongoing challenges in both paid and customer acquisition and the alternative lodging supply acquisition channel seem likely to keep gross bookings and revenue growth in the mid-high-single digits,” he said.

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November 20, 2019 at 02:15AM