# Booking Holdings takes $1 billion hit to third-quarter results linked to FTC action

- URL: https://talkfuse.com/story/booking-holdings-takes-1-billion-hit-to-third-quarter-results-linked-to-ftc-action/
- Published: 2026-11-03T21:39:09+00:00
- Updated: 2026-11-03T23:02:21+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/business/booking-holdings-takes-1-billion-hit-third-quarter-results-linked-ftc-action-6518031
- Topics: World

## Key points

- Booking Holdings recorded a $1 billion hit linked to an FTC action.
- The dispute involves Priceline’s connection to Guest Reservations.
- Quarterly earnings per share beat analysts’ expectations.

## Summary

Booking Holdings recorded a $1 billion cumulative hit to its third-quarter results linked to an FTC investigation into hotel adverts involving its Priceline unit. The case concerns Priceline’s connection to Guest Reservations, a third-party booking site whose customers have reported being misled about whom they were booking with and facing unexpected fees.

The charge comprises a $900 million revenue reduction and a $100 million accrued loss; no settlement has been agreed, and litigation remains possible. Booking said a settlement could involve payments to the FTC and restitution to some US consumers. Despite revenue falling 1 per cent year on year to $8.89 billion, quarterly earnings per share of $4.66 beat analysts’ $4.50 forecast, while gross bookings rose 10 per cent and room nights 7 per cent.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.