|Glenn Fogel||President, CEO & Director|
|David Goulden||EVP & CFO|
|Mark Mahaney||RBC Capital Markets|
|Kevin Kopelman||Cowen and Company|
|Naved Khan||SunTrust Robinson Humphrey|
|Lloyd Walmsley||Deutsche Bank|
|Stephen Ju||Crédit Suisse|
|Eric Sheridan||UBS Investment Bank|
|Deepak Mathivanan||Barclays Bank|
|Justin Post||Bank of America Merrill Lynch|
|Daniel Powell||Goldman Sachs Group|
|Lee Horowitz||Evercore ISI|
|James Hardiman||Wedbush Securities|
Welcome to the Booking Holdings First Quarter 2020 Conference Call. Booking Holdings would like to remind everyone that this call may contain forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are not guaranteed of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from those expressed, implied or forecasted in any such forward-looking statements. Expressions of future goals or expectations and similar expressions reflecting something other than historical facts are intended to identify forward-looking statements.