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Portugal Ranks No. 1 Beach in World, Maui No. 1 in U.S. in Travelers' Choice Awards Best of the Best 2024 Tripadvisor Launches New Sustainable Beaches List NEEDHAM, Mass., Feb. 21, 2024 /PRNewswire/ -- Tripadvisor®, the world's largest travel guidance platform, today releases its latest wave of inspiration with the second Travelers' Choice® Award for 2024: the Best of the Best Beaches. Based on an analysis of all the reviews left on Tripadvisor for beaches globally over one year, the award reveals the highe ...

Tripadvisor Inc. can move its incorporation from Delaware to Nevada, a judge said Tuesday, but shareholders will be allowed to seek damages from the move. Delaware Chancery Court Judge J. Travis Laster declined to block the company’s move, but also denied Tripadvisor’s TRIP, +0.64% motion to dismiss a lawsuit brought last year by shareholders claiming a move would be unfair to investors because of less-stringent corporate standards in Nevada. That suit had hoped to persuade the Delaware Chancery Court to ...

TripAdvisor (TRIP) reported non-GAAP fourth-quarter 2023 earnings of 38 cents per share, beating the Zacks Consensus Estimate by 72.7%. The bottom line significantly jumped from the prior-year quarter’s figure of 7 cents.Revenues of $390 million increased 10% year over year and surpassed the Zacks Consensus Estimate of $372.9 million.Top-line growth was driven by strong momentum in the Viator segment. A well-performing TheFork segment also benefited the company.However, weakness in hotel meta offerings in E ...

Financial Data and Key Metrics Changes - Q4 2023 revenue was $390 million, reflecting year-over-year growth of 10% [5][23] - Full year consolidated revenue grew by 20% to an all-time high of $1.8 billion [5][32] - Q4 adjusted EBITDA was $84 million, representing 22% of revenue, exceeding expectations [5][23] - Full year adjusted EBITDA grew 13% to $334 million [5][32] Business Line Data and Key Metrics Changes - Brand Tripadvisor revenue was approximately flat year-over-year at $218 million [23] - Viator revenue grew 27% in Q4 to $161 million, contributing 41% of total group revenue [14][26] - TheFork revenue grew 18% in Q4 to $39 million, with significant margin improvement [19][28] Market Data and Key Metrics Changes - Viator's gross booking value (GBV) grew 20% to over $720 million in Q4 [26] - Experiences revenue grew approximately 20% in Q4, driven by increased traveler engagement [10][25] - Dining revenue slightly declined as the company realigned its B2B sales model [25] Company Strategy and Development Direction - The company aims to diversify its revenue streams and reduce dependence on Hotel Meta revenue, with experiences and dining contributing nearly 50% of total revenue [7][22] - A multiyear strategic vision was introduced to enhance user engagement and monetization paths [8][11] - Focus on leveraging data and AI to deliver personalized experiences for users [13][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth of the travel market despite macroeconomic uncertainties [22][35] - Expectations for some normalization in travel growth in 2024, particularly in Q1 [35][37] - The company plans to maintain a disciplined financial profile while investing in long-term growth [22][35] Other Important Information - The company formed a special committee to evaluate proposals related to potential transactions with Liberty Tripadvisor Holdings [4] - Operating cash flow for the year was $235 million, with free cash flow at $172 million [34] Q&A Session Summary Question: Insights on mobile and app user engagement - Management highlighted the importance of mobile app users, noting that 75% of bookings at TheFork are made via the app, and emphasized efforts to drive more users to download and engage with the app [38][40] Question: Impact of the special committee on Viator spin-off timing - Management stated that the focus remains on business operations and traveler experiences, with no immediate plans for a spin-off [42][43] Question: Viator margin improvement expectations - Management indicated a path towards long-term margin potential for Viator, emphasizing a disciplined approach to user acquisition [44][45] Question: Competitive dynamics in performance marketing - Management acknowledged the competitive landscape in both Viator and Tripadvisor, emphasizing a disciplined marketing strategy to target high-quality traffic [66] Question: Factors affecting Viator's Q4 performance - Management attributed the slowdown in new bookings to macroeconomic factors and a strategic focus on acquiring the right type of users [69]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 (I.R.S. Empl ...

For the quarter ended December 2023, TripAdvisor (TRIP) reported revenue of $390 million, up 10.2% over the same period last year. EPS came in at $0.38, compared to $0.16 in the year-ago quarter.The reported revenue represents a surprise of +4.58% over the Zacks Consensus Estimate of $372.93 million. With the consensus EPS estimate being $0.22, the EPS surprise was +72.73%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Shares of Tripadvisor TRIP rose late Wednesday as the company’s revenue and profit in the fourth quarter topped expectations despite the company’s core brand stagnating. The stock was up 5.8% to $26.80 in after-hours trading, following a 0.5% drop at Wednesday’s close. Shares are up 18% since the start of the year. The travel site’s revenue... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe Now Already a ...

TripAdvisor (TRIP) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 72.73%. A quarter ago, it was expected that this travel website operator would post earnings of $0.48 per share when it actually produced earnings of $0.52, delivering a surprise of 8.33%.Over the last four quarters, t ...

NEEDHAM, Mass., Feb. 14, 2024 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) issued its fourth quarter and full year 2023 earnings press release which is available now at ir.tripadvisor.com. This release is also available on the SEC website at www.sec.gov.  As announced previously, the company will host a conference call tomorrow, Thursday, February 15, 2024 at 8:30 a.m. ET to discuss the results. The live webcast and replay will be available to the public at ir.tripadvisor.com/events-and-presentations. R ...