Booking Holdings continues to look for acquisition opportunities,
CEO Glenn Fogel said on the company's Q1 earnings call Thursday.
Fogel mentioned mergers and acquisitions several times, and
an analyst asked for further details. While Fogel declined to talk specifics,
he said the company is looking at services Booking Holdings doesn't currently
offer.
As an example, he pointed to last week's announcement that
the company would acquire Venga. It's a relatively small acquisition, but it
will give Booking Holdings a customer relationship management platform for its
OpenTable restaurant reservations tool.
Booking Holdings reported a 3% decrease in revenue to $2.8
billion in the first quarter. Net income increased 26% to $765 million. Its
gross travel bookings increased 2% to $25.4 billion.