Booking Holdings leverages AI to retain travelers, Q1 results beat expectations

Booking Holdings reported Q1 2026 results with room nights up 6% to 338 million, gross bookings up 15% to $53.8 billion, and net income of $1.1 billion, a 225% increase. The company highlighted early AI successes in improving conversion and reducing customer service costs, and is integrating AI across its brands to compete with general AI models. It also completed $3.6 billion in share repurchases and announced a 25-for-one stock split.