# Who are Booking Holdings Inc.'s customers? Who does Booking Holdings Inc. earn revenue from?
Canonical: https://valuechain.wiki/booking-holdings · Facet: customers · Updated: 2026-09-11T13:41:11.363421+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Booking Holdings Inc.'s confirmed revenue counterparties include Marriott International, Hilton Worldwide. Per the valuechain.wiki graph: 2 revenue edges, backed by 4 dated sources, 3 of them primary filings (as of 2026-09-11).

### 메리어트 인터내셔널 (high)  → /marriott-international.md
- note: Marriott-branded hotels distribute rooms under an agreement with Booking.com. Booking Holdings recognizes commissions and transaction net revenue from Booking.com accommodation reservations but does not disclose the amount attributable to Marriott.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-18) https://www.sec.gov/Archives/edgar/data/1075531/000107553126000009/bkng-20251231.htm: "The majority of our merchant revenue is from Booking.com's accommodation reservations."
- [confirms] Marriott International (EN, filing, published 2024-03-31) https://www.hotel-development.marriott.com/resourcefiles/fdd-document/2024-auto-fdd-3-31-2024.pdf: "We have an agreement with Booking.com."

### 힐튼 월드와이드 (high)  → /hilton-worldwide.md
- note: Hilton identifies Booking.com as a third-party reservation channel and discloses that it pays commissions and transaction fees for room sales through internet travel intermediaries. It does not disclose the Booking.com-specific rate or amount.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-11) https://www.sec.gov/Archives/edgar/data/1585689/000158568926000007/hlt-20251231.htm: "pay various commissions and transaction fees"
- [confirms] Hilton (KO, ir, published 2024-02-29) https://www.hilton.com/ko/help-center/reservations/can-i-book-through-a-third-party-site/: "Hilton hotels can be booked through third-party websites including Booking.com."

Reverse side: https://valuechain.wiki/booking-holdings/suppliers.md · Ripple: https://valuechain.wiki/booking-holdings/ripple.md

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Full node: https://valuechain.wiki/booking-holdings.md · JSON: https://valuechain.wiki/booking-holdings.json