Moody's upgrades Booking Holdings' senior unsecured rating to A3; outlook stable
Rating Action: Moody's upgrades Booking Holdings' senior unsecured rating to A3; outlook stable. Global Credit Research- 25 Mar 2019. New York, March 25, 2019-- Moody's Investors Service upgraded the senior unsecured rating of Booking Holdings, Inc. to A3 from Baa1.Booking Holdings provides travel and restaurant online reservation and related services. The company's brands include: Booking.com and Rentalcars.com, in which Booking.com provides booking online accommodation reservations, based on room nights booked, and Rentalcars.com provides online rental car reservation services; KAYAK, which provides an online price comparison service; Priceline, which provides consumers hotel, rental car and airline ticket reservation services, and vacation packages and cruises; Agoda, which is an online accommodation reservation service; and OpenTable, which provides online restaurant reservation services to consumers and reservation management services to restaurants.
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