In 2018 Booking.com :
Around $100 billion in market capitalization
Annual revenues of around $93 billion
In 2019, bookings made through the various websites of the Booking.com Group reached $96.4 billion.
Customers booked the equivalent of 845 million overnight stays, 77 million days of car rentals and 7 million airline tickets.
Booking.com is the leading pure players in the travel industry, there are also Expedia, Trip.com, Airbnb.
These players benefit from advantageous tax exemptions due to their financial package.
It should be noted that Booking.com owes €100 million to the French tax authorities, with an adjustment of €356 million in 2015.
GDP of the French State: $2,762 billion in 2018
After COVID, the French government’s GDP would fall by 12.5%, placing it in 7th place in the world economy.
In France, the projected Losses of Tourism related to COVID 19: €40 billion.
When will a State Ministry of Tourism be able to seize these financial windfalls with all its might and defend the interests of French accommodation providers?
Not in 2020…