Booking Holdings Saw U.S. Strength in Q1, but Middle East Weighs on Outlook

Booking Holdings saw a negative impact from the Middle East conflict in the first quarter, but executives pointed to progress in the U.S. as a bright spot. Room night growth in the U.S. was in the low teens, the fourth consecutive quarter of acceleration.

“We are taking share,” CEO Glenn Fogel told analysts during the company’s first quarter earnings call Tuesday.

Booking Holdings said its 6% room-night growth in the first quarter reflec