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Stock impact report

Booking Holdings Inc. (BKNG) Poised to Thrive in an AI-Driven Travel Market [Yahoo! Finance]

Booking Holdings Inc. (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
Company Research Source: Yahoo! Finance
travel agencies (OTAs), with Booking Holdings Inc. (NASDAQ:BKNG) as the prime example, are better positioned to benefit from AI than widely feared. This stance directly challenges the consensus view that AI agents will disintermediate traditional booking platforms. The bank's key finding is that early agentic AI travel tools are not bypassing OTAs. Instead, they are redirecting users back to their apps and websites to complete bookings. This is because major AI platforms are reluctant to act as merchants of record given the payment risk, customer service burden, refund liabilities, and regulatory obligations involved. This dynamic preserves Booking's most critical structural advantage, which is that it remains the merchant of record, said Morgan Stanley. The bank added the Booking retains ownership of the transaction and continues to capture valuable consumer browsing and purchase data. These assets, said Morgan Stanley, are making Booking an indispensable partner in an AI-driven Show less Read more
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