Booking Holdings takes $900 million revenue hit tied to FTC action
Booking Holdings reported a $900 million revenue reduction and a $100 million loss tied to FTC action against Priceline. Shares fell 2.4% in extended trading.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Priceline parent Booking Holdings said on Tuesday that it booked a $900 million reduction in revenue and accrued a $100 million loss linked to an FTC action. According to Reuters, the case concerns its subsidiary's connection to a third-party site that advertises stays at specific hotels with deceptive ads.
In August, Booking disclosed that the FTC was considering a lawsuit against Priceline and an affiliate over disclosures, fees, customer support and billing. The company said it was in talks with the regulator. A San Francisco lawsuit says Priceline Partner Solutions supplies hotel room inventory to Guest Reservations.
Third-quarter revenue fell 1% year over year to $8.89 billion, compared with about $9 billion a year earlier. Profit per share rose to $4.66 from $3.98.
why it matters
The bigger question for markets is whether the dispute drags on: if talks with the FTC do not end in a settlement, costs could rise further. The story adds to attention on regulatory risk across online travel booking.
market impact
Booking Holdings shares: the write-down and FTC lawsuit risk weigh on the stock
- Booking Holdings shares pressure down — the revenue hit and FTC lawsuit risk pressure results
tags
instruments
sources
- Booking Holdings takes $900 million hit to quarterly revenue linked to FTC action — Reuters, 3 November 2026 at 21:32 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗