Booking Holdings CEO Glenn Fogel believes he is the right person to head as its new CEO because he knows the strengths of each of Booking Holdings' brands.

Fogel addressed his new role after an analyst asked about it on Booking Holdings' Q2 earnings call Wednesday. He officially expanded his position from Booking Holdings CEO to CEO of flagship brand in June. Former CEO Gillian Tans moved into the role of chairwoman.

"One of the benefits that I've had is being part of bringing all of the different companies into the group, so I know what they do well," Fogel said. "I know where our strengths are, and I know how they can work together."

An added benefit, Fogel said, is he knows every brand's senior management, and can help them work together well.

Booking Holdings reported a 9% increase in revenue in the second quarter to $3.9 billion. Net income was flat at $979 million.

Gross travel bookings were up 5% to $25 billion. Room nights booked in the second quarter totaled 213 million, up 2%.

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