TRIP - Booking Holdings Aids Travelers With Cover Genius Deal | Benzinga
Booking Holdings Inc. (NASDAQ: BKNG) is leaving no stone unturned to drive its customer momentum on the back of expanding partnerships and robust travel booking offerings.
In this regard, Booking Holdings' subsidiary, Priceline, partnered with Cover Genius to enhance travelers' flights, hotels, rental cars and package booking experiences by providing them with customer-centric travel protection.
The partnership allows travelers to easily review policy details, access support, file claims, and receive instant payments for approved claims through their XCover Account.
Booking Holdings is expected to gain solid popularity among U.S. travelers on the back of this latest partnership.
Booking Holdings Inc. Price and Consensus
Booking Holdings Inc. price-consensus-chart | Booking Holdings Inc. Quote
Expanding Partnerships Aid Prospects
Per a Statista report, the global travel and tourism market is expected to hit $927.3 billion in 2024 and reach $1.06 trillion by 2028, indicating a CAGR of 3.5% during the forecast period of 2024-2028.
An MMR report indicated the online travel booking market is likely to reach $1.18 trillion by 2030, witnessing a CAGR of 9.7% between 2024 and 2030.
Booking Holdings remains well-poised to capitalize ...