AllAnalyst Report
logoMorningstarDecember 31, 2020

Booking Holdings Inc.: Airbnb’s Released IPO Filing Highlights a Network Advantage, Demand Rebound, and Stout Liquidity

Symbols
BKNG
Sector(s)
Consumer Cyclical
Rating
Current Price
$3,517.52
Fair Value
Economic Moat
Stewardship
Summary

Booking is the world’s largest online travel agency by sales, offering booking services for hotel and vacation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates a number of branded travel booking sites, including Priceline.com, Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel

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Analyst Profile

Dan Wasiolek

Senior Equity Analyst
Dan Wasiolek is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers gaming, lodging, and online travel.Before joining Morningstar in 2014, Wasiolek spent 16 years as an analyst and portfolio manager covering U.S. mid- and large-cap strategies for Driehaus Capital Management.Wasiolek holds a bachelor’s degree in business administration from Illinois Wesleyan University and a master’s degree in business administration, with a concentration in finance, from the DePaul University Kellstadt School of Business.