1

TripAdvisor

#4736

Rank

$1.6B

Marketcap

US United States

Country

TripAdvisor
Leadership team

Mr. Seth Jonathan Kalvert (Chief Legal Officer & Sec.)

Ms. Kanika Soni (Chief Commercial Officer)

Mr. Ernst J. Teunissen (Sr. VP, Treasurer and Chief Exec. of Viator, TheFork & Cruise Critic)

Products/ Services
E-Commerce, Hospitality, Hotel, Information Services, Internet, Restaurants, Social Media, Travel, Vacation Rental
Number of Employees
1,000 - 20,000
Headquarters
Needham, Massachusetts, United States
Established
2000
Company Registration
SEC CIK number: 0001526520
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
TRIP
Social Media
Overview
Location
Summary
TripAdvisor, Inc. operates as an online travel company. It operates in two segments, Hotels, Media & Platform; and Experiences & Dining. The company operates TripAdvisor-branded websites, including tripadvisor.com in the United States; and localized versions of the website in 40 markets and 20 languages. It also manages and operates other travel media brands that provide users the comprehensive travel-planning and trip-taking resources in the travel industry, such as bokun.io, cruisecritic.com, flipkey.com, thefork.com, helloreco.com, holidaylettings.co.uk, holidaywatchdog.com, housetrip.com, jetsetter.com, niumba.com, seatguru.com, singleplatform.com, vacationhomerentals.com, and viator.com. In addition, the company provides information and services for consumers to research and book restaurants reservation in travel destinations; and vacation and short-term rental properties, including full home, condominiums, villas, beach properties, cabins, and cottages. As of December 31, 2020, it featured 1 billion reviews and opinions on 1 billion hotels and other accommodations, restaurants, experiences, airlines, and cruises. TripAdvisor, Inc. was founded in 2000 and is headquartered in Needham, Massachusetts.
History

Tripadvisor was founded by Stephen Kaufer, Langley Steinert, Nick Shanny, and Thomas Palka in February 2000.Kaufer has stated the original idea was not a user generated social media review site:

We started as a site where we were focused more on those official words from guidebooks or newspapers or magazines. We also had a button in the very beginning that said, "Visitors add your own review", and boy, did that just take off. Seed money was obtained from Flagship Ventures, the Bollard Group, and private investors. In April 2009, Tripadvisor launched in China.In February 2020, the company changed its name from TripAdvisor to Tripadvisor, using a lowercase "a".On April 28, 2020, Tripadvisor notified employees the company will be eliminating 600 jobs in Canada and the United States and 300 more in other countries as part of a 25 percent reduction in their workforce around the world. The company also said they would be closing offices in downtown Boston and San Francisco . The reduction was due to the COVID-19 pandemic.On December 8, 2020, China blocked 105 apps, including Tripadvisor, from mobile app stores. The Cyberspace Administration of China stated that the apps were "illegal", and that public concerns were raised around "obscene, pornographic and violent information or fraud, gambling and prostitution".In November 2021, Kaufer announced that he will retire in 2022. He remains in his position until the new CEO is appointed.In March 2022, due to COVID-19 pandemic, Tripadvisor declared a partnership with the American company Walgreens to support safe travel during spring break and school vacations in the United States. In May of 2022, Matt Goldberg was announced as the new CEO of TripAdvisor.

Mission
We’re on a mission to bring the world within reach. We do this by helping our customers plan, research and book their perfect trips, each and every time.
Vision
We envision making travel accessible and rewarding for everyone. By delivering a comprehensive, diverse, and up-to-date array of travel information, we empower users to make informed decisions and meet their travel goals.
Key Team

Mr. Matthew Goldberg (Pres, CEO & Director)

Mr. Mike Noonan (Sr. VP & CFO)

Mr. Geoffrey Gouvalaris (VP of Accounting & Chief Accounting Officer)

Mr. Will Lyons (VP of Investor Relations)

Mr. Sugata Mukhopadhyay (Chief Technology Officer)

Ms. Desiree Fish (VP of Global Communications)

Mr. John Boris (Chief Marketing Officer)

Recognition and Awards
TripAdvisor has won numerous awards and accolades, including website of the year in the 2019 Webby Awards. Additionally, they have won multiple Travel Weekly Magellan Awards and have been named a Top 20 Social Media Travel Marketing Infuencer by Forbes.
References

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TripAdvisor
Leadership team

Mr. Seth Jonathan Kalvert (Chief Legal Officer & Sec.)

Ms. Kanika Soni (Chief Commercial Officer)

Mr. Ernst J. Teunissen (Sr. VP, Treasurer and Chief Exec. of Viator, TheFork & Cruise Critic)

Products/ Services
E-Commerce, Hospitality, Hotel, Information Services, Internet, Restaurants, Social Media, Travel, Vacation Rental
Number of Employees
1,000 - 20,000
Headquarters
Needham, Massachusetts, United States
Established
2000
Company Registration
SEC CIK number: 0001526520
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
TRIP
Social Media