By Dave Sebastian

Booking Holdings Inc. withdrew its financial guidance for the first quarter as the coronavirus epidemic has slammed travel demand.

President and Chief Executive Glenn Fogel said Monday travel demand has worsened in Europe and North America.

"Given the rapidly evolving situation, we are unable at this time to reliably quantify the impact of the COVID-19 outbreak on our future financial results," he said.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

March 09, 2020 17:58 ET (21:58 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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