Gross bookings refer to the total value of sales or transactions made before any deductions or costs are subtracted. It represents the overall amount of money generated by a business or service without considering any expenses. Full definition
That's up from gross bookings of $ 8.74 billion in Q2 of 2017, said Bloomberg. (fortune.com)
The research, which covered online travel trends in 10 Middle East countries from 2010 to 2014, also revealed that regional online travel agencies (OTAs) are expected to grow by 18 % between now and 2014, with gross booking value set to almost double from US$ 3.1 billion to US$ 5.4 billion in the next two years. (breakingtravelnews.com)
The company revealed to Bloomberg that it more than doubled gross bookings in 2016 to $ 20 billion. (cnbc.com)