The travel giant forecasts modest growth in room nights for next quarter amid reduced flight capacity linked to Middle East tensions.
Booking Holdings expects Q3 2026 room nights to increase 3%-5%, reflecting cautious optimism despite pressures from lower flight capacity in the Middle East. The outlook follows a mixed Q2 2026 performance, where demand trends remained resilient but were offset by geopolitical disruptions.
Analysts had anticipated a 4%-6% rise in room nights, slightly above the company’s guidance. Comparable growth in Q3 2025 stood at 5%, highlighting a potential slowdown. The company cited ongoing travel demand but warned of persistent headwinds from airline capacity cuts.
Shares showed limited reaction in after-hours trading, as investors weighed the guidance against broader macroeconomic uncertainties.