The story
In 1996, Geert-Jan Bruinsma, a student at University of Twente, founded Bookings.nl. In 2000, Booking.com was formed when Bookings.nl merged with Bookings Online and operated as Bookings.org. The name and URL were changed to Booking.com, with Stef Noorden appointed as its CEO. In July 2005, the company was acquired by Priceline Group (now called Booking Holdings) for $133 million. It was merged with ActiveHotels.com, a European hotel booking company founded by cousins Andy Phillipps and Adrian Critchlow in 1998 and purchased by Priceline Group for $161 million in September 2004.
In 2006, Active Hotels Limited changed its name to Booking.com Limited. The merger of Booking.com and Active Hotels helped its parent company improve from a deficit of $19 million in 2002 to $1.1 billion in profit in 2011. The acquisition of Booking.com was praised by some as “the best acquisition in Internet history”. Between 2010 and 2012, the company launched mobile apps for the iPad, Android, iPhone, iPod Touch, Windows 8, and Kindle Fire. Since January 2013, advertisements have dubbed "booking.com" as "booking.yeah."
In 2020, the Supreme Court of the United States decided within the Patent and Trademark Office v. Booking.com B. V. case that the term "Booking.com", via the suffix ".com", had created an identity that could be differentiated from the generic verb and hence could be trademarked. In the summer of 2023, Booking.com announced the start of testing an artificial intelligence-based travel planner based on ChatGPT, intended to help choose a direction, plan a route, or answer questions. The service will be available to a limited American userbase. In November 2023, Booking.com launched the ability to make cruise reservations in the United States, in partnership with World Travel Holdings.
Management history
Darren Huston was appointed as the CEO in September 2011, serving from 1 January 2014 until his resignation on 28 April 2016 due to an exposé of his extramarital affair with another employee. Gillian Tans succeeded Huston, but resigned in 2019. She was succeeded by Glenn Fogel.
From Wikipedia’s article on Booking.com, shared under CC BY-SA 4.0.5