Booking Holdings Inc topped market expectations for quarterly profit and revenue on Wednesday, but said a COVID-19 resurgence in Europe had cast uncertainty over year-end demand.
A tourist shows his "Green Pass", a document showing proof of coronavirus disease immunity, as he enters the Colosseum, in Rome, Italy, September 16, 2021. REUTERS/Yara Narditopped market expectations for quarterly profit and revenue on Wednesday, but said a COVID-19 resurgence in Europe had cast uncertainty over year-end demand.
Its shares rose 3.7% in extended trading as gross travel bookings surged 77% from a year earlier to $23.7 billion. Room nights - a measure of occupancy at any property - rose 44%. "Looking forward to November and December, the rising case counts across many important Western European countries and much of Eastern Europe ... creates unpredictability," Chief Financial Officer David Goulden said on an earnings call.
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Covid: Hard months to come in pandemic for UK, says Van-TamToo many people believe the pandemic is over, England's deputy chief medical officer warns.
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Breath Test Study Shows New Way to Rapidly Test for COVIDResearchers found that a 'breath print' identified patients with COVID-19 pneumonia with 88% accuracy upon admission to an ICU. Other researchers are developing breath tests as well.
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