|Glenn Fogel||President & Chief Executive Officer|
|David Goulden||Executive Vice President & Chief Financial Officer|
|Alex Wang||Morgan Stanley|
|Chris Kuntarich||Deutsche Bank|
|Justin Post||Bank of America|
|Stephen Ju||Credit Suisse|
|Lee Horowitz||Evercore ISI|
Welcome to Booking Holdings Third 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 guarantees 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.