Tag Archives: TripAdvisor.com

TripAdvisor Officially Spins Off As A $4 Billion Valued Company


Expedia has successfully spun off TripAdvisor.com as its own public company. TripAdvisor.com is currently trading on the stock market with the ticker symbol TRIP. Currently TripAdvisor has a market cap of about $4 billion.
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Expedia Spinning Off TripAdvisor Into Separate Public Company


Expedia, Inc. (NASDAQ:EXPE) has announced today that they plan to spin off TripAdvisor.com off into a separate public company. The board has already signed off on the spin-off, but the deal is still pending based on a shareholder vote.
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TripAdvisor Is Now A Facebook Instant Personalization Partner


TripAdvisor now has Facebook Connect integrated within their website as they are now an instant personalization partner. When visiting TripAdvisor.com, you will find reviews left by friends and will see a map that shows places that your friends have visited. There is also a box on the right-hand side that shows which destinations are most popular with your friends through the Cities I’ve Visited app. [Facebook Blog]

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TripAdvisor.com Acquires A Majority Stake In FlipKey.com

 
TripAdvisor LLC is a travel reviews site that receives about 30 million monthly visitors every month.  The monthly visitors are spread across various properties such as airfarewatchdog.com, bookingbuddy.com, cruisecritic.com, holidaywatchdog.com, independenttraveler.com, onetime.com, seatguru.com, smartertravel.com, travel-library.com, travelpod.com, and virtualtourist.com.  TripAdvisor is a subsidiary of Expedia, Inc. (NASDAQ:EXPE).

Recently, TripAdvisor acquired a majority stake in FlipKey.com.  FlipKey is a vacation rental review site.  FlipKey.com will continue to work as an inpendendent company. 

“Vacation rentals is the hot emerging category in travel and FlipKey has a great foundation and a smart business approach,” stated Steve Kaufer, the founder and CEO of TripAdvisor. “We believe we can help FlipKey become the leader in the space and, in turn, FlipKey content will satisfy a growing need for TripAdvisor users.”

FlipKey.com is based in Boston, Mass.  FlipKey was launched in March 2008 and is led by TJ Mahony as the CEO.  FlipKey has about 50,000 vacation homes reviewed across all 50 States.  FlipKey’s content will begin to be integrated in TripAdvisor.

The financial details were undisclosed.

Related Links:
1. TripAdvisor.com
2. FlipKey.com

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