expedia

World’s largest travel site? Expedia and TripAdvisor both lay claim to title

Expedia has started claiming in its ads that it’s the “world’s largest travel site.” It’s an interesting assertion, considering that TripAdvisor, which spun off from Expedia in 2011, also refers to itself as “the world’s largest online travel site.” They both base their claims on data from comScore, so who’s right? As it turns out,… Read More

tripadvisor

TripAdvisor takes flight from Expedia as a $4 billion company

After months of preparation, Expedia is finally waving goodbye to TripAdvisor. The companies announced today that they’ve successfully split operations, with TripAdvisor becoming an independent publicly-traded company on the Nasdaq under the ticker symbol TRIP. “This is a truly exciting time for TripAdvisor, and we are eager to continue to innovate on behalf of our… Read More

expedia1

Expedia shareholders approve TripAdvisor spin-off

Expedia shareholders have approved the spin-off of TripAdvisor, the online travel review site. The deal — expected to occur on December 20th — will be preceded by a one-for-two reverse stock split of Expedia stock immediately prior to the spin-off. TripAdvisor, which will be based in Newton, Massachusetts, is expected to begin trading on the… Read More