Assertion Supported AI assessment confidence: 92% certainty 4/5 debate potential 2/5

Fogel: Booking's alternative rental room nights are 75% of Airbnb's

Glenn Fogel · Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel · Jul 9, 2026 · at 27:21

Booking Holdings CEO Glenn Fogel compares the scale of Booking's alternative accommodation business to Airbnb on No Priors.

0:00 / 0:15exact quote · 15.7s

▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark

“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 top of that.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Booking Holdings' room night transaction volume for alternative accommodations is approximately three-quarters the size of Airbnb.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

For FY2025, Booking Holdings reported 1.235 billion total room nights booked, with alternative accommodations accounting for approximately 36% of its room night mix (approximately 430 million to 444.6 million alternative accommodation room nights). Over the same period, Airbnb reported 533.0 million total Nights and Experiences Booked. Comparing Booking Holdings' alternative accommodation volume of ~444.6 million to Airbnb's 533.0 million yields a ratio of ~83.4% (or ~80.7% under more conservative estimates). Quarterly figures across 2025 and early 2026 similarly show Booking's alternative accommodation room nights hovering around 80% to 85% of Airbnb's total volume, closely matching then-CEO Glenn Fogel's statement that Booking Holdings' alternative accommodation transaction volume is approximately three-quarters the size of Airbnb.

Booking Holdings FY2025 Form 10-K reported 1.235 billion total room nights with approximately 36% alternative accommodations (~444.6 million room nights).
Airbnb FY2025 Form 10-K reported 533.0 million total Nights and Experiences Booked.
Booking Holdings' alternative accommodation room nights were ~83.4% of Airbnb's total volume in FY2025, corroborating the 'approximately three quarters' approximation.

Checked against

[1] money-tourism.gr [2] sec.gov [3] sec.gov [4] fool.com [5] seekingalpha.com [6] rentalscaleup.com [7] substack.com [8] sec.gov

"alternative accommodation room nights" "Booking" "Airbnb" 2025 OR 2026 Booking Holdings alternative accommodation room nights Q4 2025 FY 2025 Booking Holdings alternative accommodation room nights 2025 2024 "alternative accommodation" "room nights" "Booking Holdings" "2025" "10-K" Booking Holdings alternative accommodations room nights Airbnb comparison 2024 2025 Airbnb total nights and experiences booked FY 2025 2024 "Booking.com" "alternative accommodation" "36%" OR "37%" "2025" "earnings call" "Nights and Experiences Booked" "Airbnb" "533" OR "2025" "10-K"

assessed as of 2026-09-03

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Airbnb Booking Holdings

⚑ Spot an error? Report it

More from Glenn Fogel

Assertion Supported

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.”

Glenn Fogel Jul 9, 2026 ▶ 27:38 Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel

Prediction Not checkable as stated

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.”

Glenn Fogel Jul 9, 2026 ▶ 9:41 Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel

Opinion

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.”

Glenn Fogel Jul 9, 2026 ▶ 38:20 Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel

Assertion Not checkable as stated

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.”

Glenn Fogel Jul 9, 2026 ▶ 38:47 Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel

Assertion Not checkable as stated

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.”

Glenn Fogel Jul 9, 2026 ▶ 35:20 Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel

Disclosure

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.”

Glenn Fogel Jul 9, 2026 ▶ 19:25 Travel Through the Lens of AI with with Booking.com CEO Glenn Fogel

Fogel: Booking's alternative rental room nights are 75% of Airbnb's

More from Glenn Fogel

Turn any episode into a week of clips.