Everything Glenn Fogel said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Fogel: Booking has grown faster than Airbnb in alternative rentals for 5 years
“For the last five years, we've grown faster than Airbnb in the alternative accommodation area. We do like to like. We've been growing faster the last five years.”
Fogel: Current AI Boom Will Cause Substantial Disappointment and Financial Losses
“So, I don't know, but I think this is not new, and there'll be a great deal of disappointment. There'll be a lot of people who are going to lose a lot of money, of course.”
Fogel: Booking's alternative rental room nights are 75% of Airbnb's
“When you look at our total amount of transactions, our room night for alternative accommodation, you see that we are approximately three quarters the size of Airbnb, and that's just our alternative accommodation area, the whole much bigger hotel business on to…”
Fogel: Government job retraining programs have failed over past 50 years
“Retraining by governments over the last 50 years really hasn't worked out so well. So I'm not sure that's the right way to go either.”
Fogel: China is not experiencing anti-AI sentiment like the West
“I assure you, when in China, they're not having that same thing about, oh, AI is bad, and we shouldn't do it. That is not what's happening there.”
Booking CEO: Machine translation eliminated all human translation jobs at Booking
“Now we have machine translations. All those jobs are gone. There's nobody doing that. That's, all those jobs disappear.”
Booking CEO aims for AI that predicts and fixes travel disruptions proactively
“My goal is to have a system that actually, we are able to predict well enough what the problem will be before it happens.
And so just changing things.”
Fogel: Booking Holdings processed $186B in travel and 1B room nights
“You know, last year we did a hundred and eighty six billion dollars with the travel, right? That's a lot of travel, ok? You know, we did a billion of room nights.”
Fogel: Booking Holdings repurchased roughly 40% of shares over 12 years
“You know, I really am very proud of the fact that over the last, let's say, dozen years or so, we've bought back approximately 40% of the outstanding share.”
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