得益于在小酒店供给和运营方面的护城河，对BKNG的AI颠覆担忧缺乏依据；该股目前被低估，值得买入。
逐段跳播
我们来稍微谈谈 Booking，因为已经有一位嘉宾讨论过它了。说实话，我自己也持有它的股票，但它似乎受到了人工智能的影响，至少看起来是这样。
Let's talk a little about Booking, as one of our guests has already discussed it. I also own shares in it, to be honest, but it seems to have been affected by artificial intelligence, or at least that's how it appears.
但是，如你所知，Muse 发布了一份报告——我们录制这期节目是在 9 月 29 日，也就是两周前——这份报告对 Airbnb 和 Booking 产生了重大影响。
But, as you know, Muse released a report—and we're recording this episode on September 29, two weeks ago—that has had a major impact on Airbnb and Booking.
所以，要认真对待这件事，但他们的说法大致是 Booking.com 将不再必要。这太荒谬了。如你所知，Google 曾试图收购这个平台，不是公司本身，而是市场。但它没能做到。Google 拥有庞大的资源。
Tripadvisor 也尝试过同样的事，但没有成功。Booking.com 拥有竞争优势，任何其他实体都极难复制它所做到的事。
So, take this seriously, but they are saying something like Booking.com will not be necessary. This is ridiculous. As you know, Google tried to acquire the platform , not the company itself, but the market.
But she couldn't. Google possesses enormous resources. Tripadvisor tried to do the same thing, but it didn't work. Booking.com has a competitive advantage, and it will be extremely difficult for any other entity to replicate what it has done.
Booking.com 所做的，是瞄准中小型酒店，也就是精品酒店这一类，从它们那里获取报价，这使得把它们列在 Booking.com 上非常有利可图。
What Booking.com did was target small and medium-sized hotels, the boutique hotel type, and get offers from them, which made listing them on Booking.com very profitable.
Muse 不会这么做。Muse 将无法处理取消预订、酒店安排、旅行中的复杂情况，或者欧盟的监管规定。现在你可以以折价买入这只股票，我对此感到高兴，所以我会买入。到了某个时候，市场会恢复理智，意识到这是一项高质量的商业投资。
Muse won't do that. Muse will not be able to handle cancellations, hotel arrangements, travel complications, or EU regulations . Now you can buy the stock at a discounted price, and I'm happy about that, so I will buy it.
At some point, the market will come to its senses and realize that this is a high-quality business venture.
这个频道对 $BKNG 的历次判断
The Acquirers Podcast 在这只股票上共 3 条判断，这里只列相邻的几条。