Booking Holdings (BKNG) saw its stock price surge by 5.07% during Tuesday's intraday trading session. The sharp rise follows the release of OpenTable's annual Top 100 Restaurants in Canada list for 2025, along with insights into 2026 dining trends.
OpenTable, a subsidiary of Booking Holdings, revealed strong growth in group dining and happy hour trends, with a 28% year-over-year increase in group dining and a 30% rise in early dining. The report also highlighted OpenTable's leadership in restaurant technology, serving over 60,000 restaurants worldwide and filling 1.9 billion seats annually. This positive news likely bolstered investor confidence in Booking Holdings' diversified portfolio and growth potential in the restaurant tech sector.
Comments