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Booking Holdings takes $900 million hit to quarterly revenue linked to FTC action

Nov 3 (Reuters) - Priceline ⁠parent Booking Holdings said on Tuesday it ⁠recorded a $900 million reduction in revenue and ‌accrued a loss of $100 million related to an FTC action involving its subsidiary's connection to deceptive hotel ads.

The Star MalaysiaReuters查看原文 ↗
Booking Holdings因联邦贸易委员会的行动,季度营收损失9亿美元。

Booking.com logo is seen in this illustration taken August 5, 2025. REUTERS/Dado Ruvic/Illustration

Nov 3 (Reuters) - Priceline ⁠parent Booking Holdings said on Tuesday it ⁠recorded a $900 million reduction in revenue and ‌accrued a loss of $100 million related to an FTC action involving its subsidiary's connection to deceptive hotel ads.

As a result, ​the online travel agency's third-quarter ⁠revenue declined 1% year-over-year. ⁠Shares of the company were down 2.4% in extended ⁠trading.

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