Financial Data and Key Metrics Changes - For Q3 2024, Tripadvisor reported consolidated revenue of $532 million, flat compared to the previous year, aligning with expectations due to anticipated headwinds in the legacy hotel meta offering, offset by growth in Viator and TheFork [7][38] - Adjusted EBITDA for the quarter was $122 million, representing 23% of revenue, which was higher than expected due to Brand Tripadvisor's contribution [38][39] - The company ended the quarter with nearly $1.1 billion in cash and cash equivalents, an increase of $45 million from December 31, 2023 [56] Business Line Data and Key Metrics Changes - Viator segment revenue grew 10% year-over-year to $270 million, with gross booking value (GBV) increasing 9% to approximately $1.1 billion [12][45] - Brand Tripadvisor's revenue was $255 million, a decline of 12% year-over-year, primarily due to a 17% drop in branded hotels revenue driven by hotel meta [18][39] - TheFork achieved revenue of $49 million, marking a 17% year-over-year growth, with adjusted EBITDA of $5 million, representing 10% of revenue [28][50] Market Data and Key Metrics Changes - The U.S. market showed the strongest performance, with monthly active users stabilizing and returning to growth year-to-date, achieving over 30% growth in direct channel users compared to 2023 [20][21] - The company noted a bifurcation in travel intent between higher and lower-income travelers, but overall leisure travel demand remains stable [36][116] Company Strategy and Development Direction - Tripadvisor aims to extend its leadership in the experiences market, which is expected to grow faster than the overall travel industry, leveraging its trusted brands and extensive supply [9][10] - The company is focusing on enhancing its mobile app, improving user experience, and optimizing conversion rates in hotel and experiences bookings [23][24] - Strategic investments are being prioritized for 2025, with a focus on experiences, app enhancements, and membership features to drive engagement and monetization [33][34][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the durability of growth in leisure travel, despite some fluctuations in consumer behavior and economic conditions [36][116] - The company anticipates continued structural headwinds in its core meta business but is optimistic about growth opportunities in experiences and app bookings [125][126] - Tripadvisor is committed to balancing investment levels with expected growth, particularly in the experiences category, to enhance its financial profile [124][126] Other Important Information - The company is leveraging generative AI to improve customer experience and product recommendations, which is expected to drive higher conversion rates [17] - Tripadvisor is currently limited in its ability to repurchase shares due to ongoing considerations of various strategic alternatives [57][80] Q&A Session Summary Question: Can you expand on the drivers of Brand Tripadvisor's margin performance in Q3? - Management noted that outperformance was driven by several factors, including operational performance, normal quarterly accruals, and delayed market investments [65] Question: What are the early learnings from launching bookable hotel inventory in the app? - Early signs indicate that members prefer hotel booking over the meta product, with significantly higher click-through rates and conversion rates for repeat bookings [67][68] Question: How is the growth of online experiences being balanced with profitability at Viator? - Management acknowledged that while the experiences category is growing, Viator's growth rate is currently lower due to a focus on profitability and strategic marketing [73][75] Question: What are the expectations for advertising spend for Viator heading into next year? - The company plans to continue experimenting with diverse marketing strategies, including mid-funnel and social advertising, to acquire new and repeat users [92] Question: How is Tripadvisor addressing SEO headwinds and what are the plans for 2025? - Management emphasized ongoing optimization efforts for SEO and highlighted multiple growth paths for experiences, including geographic expansion and supply acquisition [111][113]

Tripadvisor Q3 FY 2024 Investor Presentation November 2024 Safe Harbor Statement Forward-Looking Statements. Our presentation today, including the slides contained herein, contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not historical facts or guarantees of future performance and are based on management's assumptions and expectations, which are inherently subject to difficult to predict uncertainties, risks and changes in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35362 TRIPADVISOR, INC. (Exact name of registrant as specified in its charter) Delaware 80-0743202 (State or other jurisdiction of inc ...

Exhibit 99.1 Third Quarter 2024 Summary Tripadvisor Reports Third Quarter 2024 Financial Results NEEDHAM, MA, November 6, 2024 — Tripadvisor, Inc. (Nasdaq: TRIP) ("Tripadvisor" or the "Company") today announced financial results for the third quarter ended September 30, 2024. • Revenue of $532 million, flat year-over-year • Net income of $39 million, or $0.27 per share • Non-GAAP net income of $72 million, or $0.50 per share • Adjusted EBITDA of $122 million, or 23% of revenue "We are pleased with the Group ...

Financial results from a rival could presage a pleasantly surprising quarter for Tripadvisor.Shares of online travel company Tripadvisor (TRIP 0.92%) jumped by 10.7% in October, according to data provided by S&P Global Market Intelligence -- but I'm afraid there's not a satisfying explanation for the move. Other travel stocks such as Booking Holdings, Expedia, and Airbnb were up in October by comparable amounts. It seems that investors just had an appetite for companies in the space.To be clear, Tripadvisor ...

Group 1 - Tripadvisor, Inc. will release its third quarter 2024 financial results on November 6, 2024, after market close [1] - A conference call will be held on the same day at 4:30 p.m. ET to discuss the financial results, which will be accessible via live webcast [1] - A replay of the conference call will be available on the investor relations website for three months [1] Group 2 - Tripadvisor operates as a family of brands aimed at connecting people to travel experiences and is focused on being a trusted source for travel information [2] - The company utilizes its brands, technology, and capabilities to connect a global audience with partners through rich content and two-sided marketplaces [2] - Tripadvisor, Inc. owns and operates several travel media brands, including Tripadvisor, Viator, and TheFork [2]

Safety, Community and Cultural Representation Drive Decision-MakingNEW YORK, Oct. 3, 2024 /PRNewswire/ -- Tripadvisor and Group Black today unveiled their "Black Travel Today" report, a comprehensive study exploring the unique travel preferences, behaviors, and considerations of Black travelers in the US. The findings reveal the importance of safety, community, and cultural representation in shaping travel decisions and provide valuable insights for brands and destinations aiming to attract and serve this g ...

With the S&P 500 sitting nervously above 5,700, many investors are wondering whether it's too late to move money off the sidelines and invest in stocks at a reasonable price. It's still very possible to seek value deals in thisWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on ...

HONG KONG, CHINA - 2024/05/31: Travelers shop at the TripAdvisor store, an American travel agency, ... [+] products, and restaurant website company, seen at Chek Lap Kok International Airport in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesTripadvisor stock (NASDAQ: TRIP) has declined from around $21 at the beginning of the year to $14 now - a 35% fall over a period when the benchmark S&P index grew 16%. In comparison, TRIP’s peer Booki ...

It has been about a month since the last earnings report for TripAdvisor (TRIP) . Shares have added about 2.7% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is TripAdvisor due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. TripAdvisor Q2 Earnings Beat, Rise Y/YTripAdv ...