Motley Fool  Jul 14  Comment 
Does this analyst make a good case? Or is it just more noise from Wall Street?
TheStreet.com  Jul 14  Comment 
NEW YORK (TheStreet) --Shares of Tripadvisor Inc. are down -1.49% to $103.22 in pre-market trading on Monday following a ratings downgrade to "neutral" from "buy" at Nomura Securities . The firm said it reduced its rating on the online travel...
Motley Fool  Jul 12  Comment 
TripAdvisor and Google's recent updates are part of a trend toward offline travel tools.
Motley Fool  Jul 8  Comment 
High-growth names get pummeled on Tuesday ahead of earnings season; international opportunities and threats are in focus
Forbes  Jul 8  Comment 
The worst performing sector as of midday Tuesday is the Technology & Communications sector, showing a 1.0% loss. Within that group, Tripadvisor (NASD: TRIP) and First Solar (NASD: FSLR) are two large stocks that are lagging, showing a loss of 5.0%...
SeekingAlpha  Jul 7  Comment 
By Intelligent Speculator: Among the tech stocks that I follow, there are a few that I own as long-term positions (FB, AAPL), others that I'd never own (stocks like P, TZOO , etc.) and several others that I'd love to eventually own but am...
The Hindu Business Line  Jul 7  Comment 
Travel site, TripAdvisor, in its tipping survey has revealed that India’s tipping intent has fallen by by 10 per cent in the past one year. TripAdvisor announced the results of its tippi...
Motley Fool  Jul 6  Comment 
We can learn something very important about consumer trends from America's top 10 burger joints.
SeekingAlpha  Jul 5  Comment 
By Amir Dov: My latest position is short TripAdvisor (TRIP). Yes I'm once again going against a very "trendy" tech giant, but as with LinkedIn, I think I have some very good reasons to believe this is a great short at its current price. I'm not...
SeekingAlpha  Jul 3  Comment 
By Michael Maggi: COMPANY OVERVIEW: TripAdvisor Inc. (TRIP) is an online travel company that provides customers across the world access to the reviews and opinions of millions of fellow travelers via its global online community....


TripAdvisor Inc. (NASDAQ:TRP) is a travel research company based on its website by the same name. The company provides recommendations to users on locations to visit as well as the accommodations, activities, restaurants, and other associated travel needs. The recommendations are based primarily on opinions and reviews written by users. The company makes money through "click-based" advertising on its site. TripAdvisor was spunoff from Expedia (EXPE) in December 2011.[1]

Business Overview

Because TripAdvisor was part of Expedia (EXPE) prior to its spinoff, the company's financial statements issued before 2012 were unaudited. For the full year 2010, the total revenue was $314M and for 2009 the revenue was $212M. The net income attributable to TripAdivsor was $139M in 2010 and $102M in 2009.[2]

New Updates

TripAdvisor spun off from Expedia (EXPE) and became an independent company on December 21, 2011.[3] In order to complete the spinoff, shareholders of Expedia stock were given 2 shares of Expedia and 1 share of TripAdvisor. As a result, Expedia experienced something equivalent of a stock split in the process of spinning off TripAdvisor. TripAdvisor was spunoff for approximately $4.1B.[4]

Trends & Forces

Transition into an Independent Company

TripAdvisor was acquired in 2004 and has been part of a larger company for 7 years. As a result, it may have difficulty establishing many core functions ranging from upper management to recruiting. These functions were at least partly duplicative when it was part of a larger organization. While its independence will allow it to focus on its core offerings as well as its new products, it will also no longer be able to rely on Expedia (EXPE) for financing as well as internal business services.[5]

  1. TRIP S-4/A 2011 SUMMARY "TRIPADVISOR" pp. 10-11
  3. The Wall Street Journal "TripAdvisor, On Its Own After Expedia Spinoff, Is A $4.1B Co" 21 Dec 2011
  4. ABC News "Expedia Completes TripAdvisor Spinoff" 21 Dec 2011
  5. Seeking Alpha "TripAdvisor Spins Off From Expedia, Takes Flight As A Public Company" 21 Sept 2011
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki