Turbulence at TripAdvisor: Travel Review Site Is Losing Altitude Fast
Filed under: Technology, Earnings, Travel
It seemed like a great idea at the time. Leading travel portal Expedia (EXPE) spun off TripAdvisor (TRIP) — the longtime hub of online travel reviews — this past December.
Expedia would be able to focus on its strengths as a global booker of travel, and investors would be able to latch on to the faster-growing yet smaller TripAdvisor as a standalone play on the Web 2.0 revolution, where user-generated content and engagement dictate success.
TripAdvisor has been around since before…
Turbulence at TripAdvisor: Travel Review Site Is Losing Altitude Fast originally appeared on DailyFinance.com on 2012-07-25T17:17:00Z.
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