Booking Holdings Inc.

(NASDAQ Global Select)
Very Bullish +85

Travel Powered by Booking.com Supported €691 Billion in Economic Activity Across Europe in 2025

📊 Travel reserved via Booking.com generated €691 billion in total economic activity across Europe in 2025.

💰 Visitors spent €291 billion directly on trips, benefiting hospitality, retail, and entertainment sectors.

👥 The platform's activity supported 4.7 million jobs and €175 billion in wages across the continent.

🌊 Indirect spending created nearly €300 billion in additional economic activity through supply chains.

🚀 Report launched at VivaTech 2026 in Paris featuring insights from Booking.com CEO Glenn Fogel.

🤝 Partnership with Oxford Economics highlights the platform's role in connecting SMEs to global demand.

📈 Coverage includes EU-27, the UK, and Switzerland within the analysis scope.

Bullish Signals
  • Booking.com facilitated €691 billion in economic activity across Europe in 2025, a figure comparable to Belgium's GDP.
  • The platform directly supported 4.7 million jobs and generated €175 billion in wages for European workers.
  • Indirect spending through the platform created nearly €300 billion in additional economic activity across various sectors.
  • CEO Glenn Fogel highlighted that the technology allows small businesses to compete globally with high cost efficiency.
  • The report demonstrates how digital platforms act as a powerful engine for regional development and job creation.
Full Analysis
Research commissioned by Booking.com in partnership with Oxford Economics reveals that travel reserved through its platform generated €691 billion in economic activity across Europe in 2025. This figure is comparable to the GDP of Belgium and highlights the massive scale of tourism's contribution to the continent's economy, covering the EU-27, the UK, and Switzerland. The report details that visitors using Booking.com spent €291 billion directly during their trips in 2025. This spending benefited not only accommodation providers but also stimulated broader sectors including hospitality, retail, transport, and entertainment, creating a ripple effect of nearly €300 billion in additional economic activity across the region. The economic impact supported approximately 4.7 million jobs and generated €175 billion in wages across Europe. Booking.com CEO Glenn Fogel emphasized that the platform enables independent businesses and SMEs to access global demand efficiently, acting as a powerful engine for job creation and regional development. Launched at VivaTech 2026 in Paris, the study underscores the role of digital travel platforms in strengthening competitiveness and unlocking economic opportunities. The findings illustrate how technology helps small businesses compete globally while contributing significantly to tax revenues and local supply chains.