Thank you, results Information and rates found To regarding in so periods for on afternoon. in relative our comparison to release. third seen GAAP pandemic quarter all the reconciliation color operating period results provide to comparable the unless can I'll indicated. review good Glenn, quarter. results will far trends be and in earnings in be to XXXX second avoid impacted XXXX, we've our non-GAAP otherwise of growth some
the last improvement U.S On our in in Europe. in improvements to quarter. our April, for QX second strong the earnings call, on discussed driven in the Now by which we continued trends results into and results
in performing the notable major June. XXXX well growth showed versus to benefited QX as On the XX% trends our Europe saw May. resulted QX we expectations as was QX and room as improvement in XXXX declining growth April QX, The recovery significantly from and room continue versus the improvements better well decline ahead world. the in which and was June, room get in clearly reported achieved loosening level slight saw accelerate strongest quarter as QX results better in night overall full our again night restrictions. earnings driven travel a of Europe in rest in the growth trends XX% for nights in XX% The improvement decline room by in in rates, versus a Booking we versus of the in very QX, strong the the Europe XXXX, in actually vaccination U.S country quarter. U.S which rate our call, greatest have and and nights May in of in was
offset in in partially we unique travel XX% in Asia June XXXX. level were with to down In than declines due improvements COVID reached and at nights QX the in room greater QX, XX% active June, outbreaks related of with the regions month other of night in accounts restrictions. Booking.com our customer the increase about our monthly room saw
little we of bookings, are which apps, in our XXXX. mentioned, particularly of new of to the of as the nights. Booking.com than in room is pleased through Glenn see our lower total customers mix as a solid rebound over only mix customer well Mobile As a base customers, XX% new represented healthy QX our
mobile our Our app represent to continues of percentage increased an bookings.
versus international our resulting to sequential of grew nights to remained while Domestic XX% a as down increased teens nights improvement a QX increasing relative bookings the channel QX in in room of in direct in in about about XXXX. international in mix mid and XX% room QX. QX, we saw nights nights our year-on-year room international significantly XXXX, Our room the percentage from
made of higher rates the improved window significant than continue the quarter. were bookings second remained in than as in The QX line from booking bookings. with with Booking.com QX Our a quarter The QX in it our see remain percentage cancellation XXXX. levels XXXX in policies XXXX was higher of flexible of and shorter we near-term mix to cancellation QX XXXX
improvements to the night was COVID. flat QX to time did of versus three XXXX The prior QX quarters. in room The we've primarily due the window points booking three in XX%, nights reached QX accommodation quarter. alternative improvement for from higher In night is sequential accommodation the first it was our June, the Europe contract room XXXX, growth mix in overall room Booking.com of less which levels growth than QX. since was in the than start this is June on in segment the However, alternative
of have toXXXX. of of also same average constant As currency we our this continued our highest is we changes in represents alternative bookings rates room noted, less the versus for rates alternative last quarter, decline in QX, a remained XXXX about points XX% increase on an few where of to XX% in than accommodation mix the day Europe, as reported from a Europe XXXX in a XXXX which in is Gross accommodations. QX, nights, to Within to mix declined due performance a and FX accommodations due in and business. increase basis, strong our flights and
which constant business North by increased about which a from lower is high of X% mix in ADR and mix decrease the ADR of an accommodation ADR in currency benefited business a America, of Asia, is Our region region.
of growth ADRs. tickets which the XXXX, of second up levels effects, driven mix by oriented were a America leisure in higher high demand in by Airline X%, Priceline bookings of in QX bookings by and destinations. regional was driven higher in ADR driven North versus summer of approximately by neither North by of beach Excluding And America constant have increases XXX% rate Europe Agoda, Booking.com have up were and currency Europe. and driven which increase XXXX. booked in products The quarter flight in were strong mainly for flight mix
flights than decreased XXXX, to key air Consolidated business, multiproduct billion is component differences. than expected see check-in declined $X.X quarter to for which encouraged for the for quarters a strategy. point are in were which We future Connected the was which due in the tickets of XX% quarter our XX%, gross another a quarter Trip breaking by bookings better be meaningfully versus at second booked record and in revenue our are bookings to driven Revenue in revenue timing rates largely quarter that Take made expectations. recognized. will more the is about QX these
rates take our call. of impact full discussed you last for recall, timing we and during QX As year the QX, will on the in
less half rates than although on performance impacted to timing full notably impact $XX half year. to the bookings the timing, year line first the second continue expect these impact the will take Removing QX year the be expectations. We better-than-expected of take stable of were factors the of second The in resulted came which than million in versus top accommodation our in of adjusted our XXXX. in EBITDA QX quarter, better rates,
ROIs were in other due a debt QX than first in related a expense, the variable and Marketing than XXXX. Sales expenses With dollar Marketing in dollar last basis, than in which to higher higher year, a has gross second Sales to $XXX increase wave QX they the million the expenses and percentage to declined our the related to our exception on of expenses primarily in of the channels expenses. repay due quarter QX of since mix. were than line EBITDA in a by the QX more better the to expectations aid is XX% decreased positive on is and expenses highly direct they basis. due expense and in higher significantly in were Personnel QX with paid expense were revenue quarter. COVID. the this our bookings customer first decision versus QX service lower-than-expected government other
line expenses net for and QX quarter, a this on recorded in QX, million. in we're On it a expectations and the the in loss We GAAP GAAP QX. million Excluding quarter. repayments, in higher we year an with basis, tax expectations. expense of our QX $XX in GAAP the million basis, expectations On basis, expectations. have $XXX tax line a our expense and have with in personnel due relative would of We a recorded a includes income were non-GAAP earnings than in pre-tax QX of to expenses both $XXX we loss a on a non-GAAP to IT higher G&A in which been dollar full for $XXX QX. loss were recorded of loss in million our operating
non-GAAP For GAAP and the rate full we than on be higher tax expect year, XXXX. to in slightly
onto our and position. liquidity cash Now
ending of Our billion. our versus billion was investment balance down ending balance $XX.X and QX of cash QX $XX.X
notes of coupon $X However, and ending euro the the offering of benefited raised which two our in from higher occurring that of of subsequent ending April happened our have notes balance adjusted bond for cash two QX in April. QX in March in completed cash we our the would Adjusting balance redemption in the redemption the timing balance QX resulted billion senior the $XX.X an billion.
$X.X balance long-term Our by working in bookings merchant deferred source to ending quarter to our this capital quarter change was operating investments. on accounts higher due primarily in billion in $X.X in a liabilities, operating capital. balance than unrealized of billion in of other and of of entirely billion receivable. cash working and gain the in our driven Change flow cash flow cash partially due billion was the the adjusted QX the increase by offset $X.X represented $X.X increase current QX almost
QX, We our billion in continued than cash about Of to investments our and debt, quarter billion $XX.X was billion and $XX.X pre-pandemic strategic with liquidity pandemic. We long-term about $X.X investments, created which the cash the is a billion of the levels. was will and given short-term at higher of $XX.X related the by investments. maintaining the continue uncertainty ended on billion strong focus end $X.X position COVID to
note QX. a have in X We maturing billion convertible
not on in yet, risk reversal things trends COVID. creation and three trends will seeing the to While of an We're pause of and and important to is we are due we're each will major Europe. how beyond regions return on we a watch given so component in significant developing current future, of of the remain current be we in our shareholders Asia our with the there to believe our wait reinitiate strategy value close in capital
third our the thoughts for quarter. Now on to
the stricter and for variant with the well vaccination Delta With have the by rising around tourists. many as governments driven travel leisure -- requirements responded recent restrictions countries, and new some case by counts in testing some as world Delta
However, important increase increases government's particularly in be the there lagging are rates, rising how an in closely vaccination cases. the COVID among case which responses recent in are counts rates We're indications are high restrictions with counts, in where vaccination which factor that the U.K rate to the in despite forward relaxing could their hospitalization move countries recent highest governments Europe. plan in the the high, watching is travel case the country, with and
We of after in July, the counts other the recent by new XX. encouraged July the to July by outbreaks. U.K saw trends compared the -- with on booking restrictions hospitalizations low in in up lifted an and continued decline are level U.K leading improved case in We on X travel
room XXXX, nights pullback about just Europe. modest in decline XX% July softening June, was Our declined from family booking in the a which versus XX% trends
on in the in bookings night QX Europe, a end Italy. summer Outside although in saw amount Germany, several the growth strong across did countries the at high than of very in within including for U.S and XXXX. we reduction July, below in key Europe, we pullback our time France July, modestly July Looking to room the Europe this have books in continued of the gross a countries of these levels. But had we recent of to room period nights despite point same remaining
While and the it of in rest July world room declined for as about June. same night Asia in were
and continues be The down to be the rates XXXX July nights remaining from to Asia and were region with positive down growth for in international domestic June domestic least similar significantly from room and continues significantly room levels. XXXX. versus recovered July remaining nights international to changing
by driven reduction COVID, exactly around July. how it's September August the variant, Given difficult primarily saw with predict we a and in in the nights recent room XX% compare to Delta additional uncertainty will
to statement. income Turning the
room and bookings gross QX than expect several my decline reported less areas flight We driven improvements by points in to nights, bookings. expected
we improvement significantly the than in more also months. is in just summer strong gross last mentioned improve time I North bookings few the at that have same for QX will the revenue the America. expect XXXX Europe. QX for from for this in reflecting bookings The We decline true
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relationship the and gross and revenue reminder, in a by As will August between bookings QX bookings in how impacted exact September. our be trend
expenses and bookings, marketing decline invest points we demand. QX expect increasing expect of demand gross during in the We in will of ahead awareness the capturing several travel than continued to less as peak recovery travel season and global
and well on versus up expect process on sales We as higher -- a merchant expenses quarter an to of booking as basis as the dollar well in bookings a third mix in increase the mix in other be QX basis. gross significantly to as QX volumes gross due
a However, a other percentage will revenue of expect we sales than in as in and be QX bit lower future.
with our expect a in about line to QX expense aggregate basis. more in categories on fixed $X be in QX We
conclusion, good and recovery we're and travel looking of expect We reflects with the we teams. which In to also be a EBITDA from travel year our recurring pleased summer by demand, travel remain benefited a fundamentals full North eventual the Europe. a have business, will in demand our season America QX, strong the QX QX and since highest globally, We XXXX. in our in forward of results strong this confidence execution better-than-expected
business and you to take generates building and our business please. for your now We'll larger of in the We full could questions. if we're pandemic. the ensure growing faster open well-positioned earnings a will for to lines more to than invest the questions, to for Maria, recovery prior respond travel, continue
