New York, Feb 27, 2026, 11:18 EST — Regular session
- Booking Holdings slipped roughly 1% by late morning.
- U.S. producer prices saw a bigger jump than analysts were looking for, keeping rates front and center.
- The company said its CFO is set to speak at a Morgan Stanley conference March 3.
Shares of Booking Holdings slipped roughly 1% to $4,208.76 late Friday morning, following Thursday’s close at $4,250.26. Expedia and Airbnb edged up, bucking the move among some online travel peers.
Markets reacted after U.S. producer prices climbed 0.5% in January—topping the 0.3% increase economists were looking for, according to Reuters. The unexpectedly hot inflation data has traders reassessing interest rate expectations.
Booking has set March 3 for CFO Ewout Steenbergen’s next public appearance. He’s scheduled for a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference, starting at 7:05 p.m. ET. The session will be available via live webcast, with a replay offered.
Thursday, Booking advanced 2.1% to $4,250.26, but that performance trailed rivals, with Expedia surging almost 7% over the same stretch, according to MarketWatch data.
Shares have been moving since last week’s earnings and a slew of capital-return announcements. For the fourth quarter, Booking posted a 16% jump in gross bookings to $43.0 billion. Revenue also climbed 16%, hitting $6.35 billion. “These results highlight the strength of our platform and the discipline of our execution,” CEO Glenn Fogel said in the statement. SEC
On the post-earnings call, executives sounded a bit more reserved about U.S. demand, noting “slightly lower average daily rates” along with a shorter average stay than last year, according to Reuters. For the first quarter, the company projected gross bookings growth between 14% and 16%, while full-year adjusted earnings are expected to rise in the mid-teens. Reuters
Even with the rebound late in the week, Booking’s stock remains far from its 52-week high. As of Friday, shares were still down about 28% from that mark.
The way forward looks anything but smooth. Should inflation prove stubborn and rates stay elevated, discretionary travel budgets could tighten, nudging travelers to opt for briefer, lower-cost trips instead. That kind of strain typically appears earliest in U.S. room rates and the duration of stays.
Steenbergen is set to speak March 3, and traders are primed for updates on demand trends, marketing budgets, and product focus. The March 6 record date looms for the company’s dividend and stock split details. Broader market eyes are also on the PCE inflation data, pushed to March 13, with trading on a split-adjusted basis starting April 6.
