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Booking CFO: Inflation Continues to Scare US Travelers
BKNGBooking Holdings(BKNG) PYMNTS.com·2024-12-18 01:24

Booking.com says the impact of inflation continues to hamstring the U.S. travel industry.Demand is down as cautious consumers hold off on making their vacation plans, Ewout Steenbergen, the online travel platform’s finance chief, told Bloomberg News in an interview published Tuesday (Dec. 17).“We haven’t seen so much of a movement in the U.S. around the booking window recently,” Steenbergen said.He was referring, the report said, to a measure of how far in advance a traveler books a trip, with a shorter win ...