Booking Holdings amends bylaws, adjusts board meeting requirements

Booking Holdings Inc. (NASDAQ:BKNG), a $164.6 billion market cap leader in the Hotels, Restaurants & Leisure industry, announced Thursday that its board of directors approved amendments and a restatement of the company’s bylaws, effective immediately. According to a statement based on a Securities and Exchange Commission filing, the revised bylaws change the threshold required to call a special meeting of the board, now requiring a majority of directors to do so.

The updated bylaws also revise the advance notice provision and include additional non-substantive changes. Details of the amendments were summarized in the filing, which stated that the full text of the amended and restated bylaws was included as an exhibit.

The company’s common stock and several series of senior notes are listed on The NASDAQ Stock Market LLC, as disclosed in the filing.

The information in this article is based on a press release statement contained in the SEC Form 8-K filed by Booking Holdings Inc.

In other recent news, Booking Holdings has been in the spotlight with several key developments. Erste Group has upgraded the company’s stock rating from Hold to Buy, citing the platform’s advantage from increasing global travel demand. Additionally, Mizuho has initiated coverage on Booking Holdings with a Neutral rating, highlighting the company’s strong execution history and a 14% compound annual growth rate in gross bookings from 2019 to 2024. In another move, Booking.com has launched the Genius Rewards Visa Signature Credit Card, offering Travel Credits as rewards and featuring no annual fee, aiming to attract more users to its platform.

Meanwhile, Bank of America has reiterated its Buy rating on Expedia Group, noting modest gains in global hotel room night share projected for 2025. Expedia’s total nights increased by 6.5% in the first half of 2025, slightly behind the broader online travel agency group’s growth of 7.3%. The company’s business-to-business segment has been a significant contributor to these market share gains. Additionally, Priceline has announced that Southwest Airlines flights are now available for booking on its platform, expanding its inventory and offering travelers more options.

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