As previously reported, Wedbush analyst James Hardiman downgraded Booking Holdings to Neutral from Outperform, stating that he believes the company's dominant position in Europe will be favorable in the long term, but is likely to represent a liability in 2019 as it is could amplify risks of earnings revisions and multiple compression. His recent survey of nearly 200 consumers from the U.K. and Europe showed that Brexit-related uncertainty is significant and appears to be worsening, said Hardiman, who also noted near and medium-term issues in continental Europe. He lowered his price target on Booking shares to $1,850 from $2,000.

Stay has announced a partnership with Booking.com. This strategic partnership allows Stay to expand their global property portfolio to guests worldwide through the properties listed on the Booking.com platform. Stay will now feature over 28 million reported listings available on Booking.com, offering guests unparalleled access to diverse accommodation options including homes, hotels, villas, apartments, and more. With Stay's commitment to excellence in hospitality and the expanded accommodation offering, travelers can expect a seamless booking experience and unparalleled stays across more than 175,000 destinations in more than 220 countries and territories across the globe.