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Booking Holdings Teams Up With Visa to Aid Diners
Booking Holdings Inc.'s (NASDAQ: BKNG) subsidiary OpenTable partnered with Visa (NYSE: V) to launch The OpenTable & Visa Dining Collection.
The collection provides Visa cardholders with exclusive access to restaurant reservations and events at numerous local restaurants in the United States, Canada and Mexico.
Diners who make their reservations with OpenTable will receive rewards for paying with their Visa cards. Eligible cardholders will also have access to exclusive culinary events featuring rising star chefs.
Booking Holdings is expected to gain solid popularity among Visa cardholders on the back of its latest partnership.
Moreover, it will enable BKNG to capitalize on the solid growth opportunity present in the restaurant reservations software market, which, per a Market Research Intellect report, is expected to hit $24.5 billion by 2031, witnessing a CAGR of 10.13% between 2024 and 2031.
Booking Holdings Inc. Price and Consensus
Booking Holdings Inc. price-consensus-chart | Booking Holdings Inc. Quote
Competitive Advantage
This OpenTable-Visa partnership will also place this Zacks Rank #3 (Hold) company at a competitive advantage against players like TripAdvisor ...