Booking Holdings Company History Timeline

(76 Jobs)
1996

In 1996, Booking.com founder Geert-Jan Bruinsma came across Hilton.com, which allowed Hilton hotel room bookings over the internet in the United States.

1997

In 1997, Jay S. Walker founded the company in Stamford, Connecticut, which launched Priceline.com, an online travel site, that used a Name Your Own Price bidding model.

1999

Originally created as Bookings.nl, the small internet company went through multiple mergers and acquisitions to become part of Booking Holdings, which has been publicly traded on the NASDAQ since 1999 and is a component of the S&P 100 and 500 indices.

In 1999, the company became a public company via an initial public offering, making Walker, who owned a 35% stake in the company, a multi-billionaire.

2000

Booking Holdings is ranked on Forbes' Global 2000 List

The company experimented with selling other products and services such as groceries, gasoline, home mortgages, and cars, but these offerings were discontinued in 2000.

2005

About three years later in 2005, Priceline Group acquired Booking.com for $133 million before incorporating it with its purchase of Active Hotels Limited.

2014

On April 1, 2014, the name of the company was changed from priceline.com Incorporated to The Priceline Group Inc.

2016

On April 28, 2016, Huston was forced to resign following an extramarital affair and Boyd was named interim CEO.

2017

Effective January 1, 2017, Glenn D. Fogel was named Chief Executive Officer and President.

In July 2017, the company acquired the Momondo Group.

Despite its humble beginnings, Booking.com represented around 89% of Booking Holdings’ gross profit for 2017, and over the past 20 years has become the world’s largest platform for hotel bookings around the world.

2018

On February 21, 2018, the name of the company was changed from The Priceline Group Inc. to Booking Holdings.

It wasn’t surprising when at the start of 2018 Priceline Group changed their name to Booking Holdings.

Founded
1996
Company Founded
Headquarters
Norwalk, CT
Company Headquarter
Founders
Jay Walker
Company Founders

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