Booking Holdings Inc Q2 2022 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Lloyd Wharton Walmsley - UBS Investment Bank, Research Division - Analyst : So you guys have talked in the past about looking to grow room nights in 2023 faster than what you were doing in '19. I guess, is that still your ambition? Does the macro make it harder to kind of expect that? And any kind of medium-term outlook you can share? And then secondly, recognizing there is a balance with using the margin for merchandising, but what is the latest update around payments margin, turning that to profitability maybe with FX translation or other value-added services? Are you guys starting to roll those out, thinking about it? What's the latest thought process and timing there?

Question: Naved Ahmad Khan - Truist Securities, Inc., Research Division - Analyst : Glenn, in the past, heatwaves have hurt bookings. I go back to 2018, 2019, I think that has happened. And this year, -- do you think there's any impact on the heatwave or maybe flight cancellations in the July trends that you just shared? And just give us your thoughts on that. And then if we just look at the U.S. room night growth, how should I think about the contribution from Getaroom? Is that -- how much of a factor is that?

Question: Naved Ahmad Khan - Truist Securities, Inc., Research Division - Analyst : Yes. Yes. It's really about if there is any impact from either the heatwave in Europe or flight cancellations that we're seeing in the July numbers, just give us some color.