Strong Financial Performance: Booking Holdings reported a second quarter revenue of $6.8 billion, reflecting a 16% year-over-year growth that exceeded initial guidance. Adjusted EBITDA rose 28%, and adjusted earnings per share increased by 32% to $55.40, supported by disciplined expense management and robust demand.

Room Night Growth: The company achieved 309 million room nights, an 8% increase year-over-year, surpassing expectations. Growth was primarily driven by strong performances in Europe and Asia, with Asia witnessing low double-digit growth. However, the U.S. remains the slowest-growing region, although it improved slightly compared to the previous quarter.

Outlook for Q3 and Full Year: For the third quarter, Booking expects room night growth between 3.5% and 5.5% and gross bookings growth of 8% to 10%, factoring in greater comparables from the previous year. Full-year expectations have been upgraded, expecting revenue growth in the low double digits and adjusting EBITDA growth in the mid-teens.