📊 Topic

Genius loyalty program

2 stories · First covered Apr 1, 2026 · Latest Apr 29
Genius loyalty program Coverage
Booking Holdings Spent $3.6B on Buybacks While Your OTA Commission Check Grew 16%

Booking Holdings Spent $3.6B on Buybacks While Your OTA Commission Check Grew 16%

Booking just posted $5.53 billion in Q1 revenue, up 16% year-over-year, and immediately spent $3.6 billion buying back its own stock. If you're an independent hotelier wondering where your commission dollars go, now you know.

Booking Holdings Prints $9 Billion in Free Cash Flow. Your OTA Commission Check Is in There Somewhere.

Booking Holdings Prints $9 Billion in Free Cash Flow. Your OTA Commission Check Is in There Somewhere.

Booking Holdings just posted a year where room nights grew 8%, free cash flow hit $9.1 billion, and they're plowing $700 million into AI and loyalty to make sure your guests keep booking through them. The question every operator should be asking isn't whether Booking had a good year... it's how much of that year came out of your margin.