Booking Holdings reports stable demand in April, even though fewer Canadians and Europeans travel to the U.S.
Booking Holdings Chief financial officer Ewout Steenbergen said that Europeans travel more to Canada, Asia and Europe than to other destinations and spend about the same, during Tuesday’s earnings call.
In the same way, he added, more Canadians choose Mexico instead of the U.S.
Steenbergen stated that “we are not concerned with where they travel.”
Booking Holdings has over 50% of their business in Europe.