...A. Overview: Strong results and record level of travel during peak summer season. 1. 2. In 3Q, customers booked 240m room nights, a little under 0.25b room nights, which was 8% higher than in 3Q19. Saw improvement in room night growth during 3Q from 4% growth in July to 10% growth in Aug. and Sept. relative to comparable months in 2019. a. b. War in Ukraine continues. Suspended operations in Russia and Belarus shortly after war began. i. ii. Excluding suspended areas and Ukraine, room night growth would have been 11%. c. All major regions improved in Aug. and Sept. vs. July. Room nights in Asia surpassed 2019 levels for first time in Sept. i. d. In US, Priceline and Booking.com brands continued to execute well and contributed to room night growth of almost 30% vs. 3Q19. 3. Continued to see strong accommodation ADR growth, which helped drive 27% increase in global gross bookings or 41% on constant-currency basis, both vs. 3Q19. Despite strong pricing environment, has not seen evidence of...
