Booking Holdings owns brands including Kayak and Booking.com.
Business Insider reports it saw the worst effects of the pandemic in the second quarter.
It reported gross bookings fell 91%.
During an earnings call CEO Glenn Fogel said a vaccine or effective treatment will be necessary for business to return to normal.
The company said it’s expecting a high level of uncertainty for the next several quarters.
It’s unclear how comfortable people will be to travel as the pandemic rages forward.
