TripAdvisor Acquires Citymaps To Further Boost Its Tours And Activities Platform
Even though it currently seems to be struggling under the burden of its investments, TripAdvisor – the world’s largest travel review website – had recently acquired New York-based Citymaps, a map-based guide for things to do in a city. The company had been founded in 2010 and has so far raised $12 million from investors.
TripAdvisor had boosted its tours and attraction offerings after forming Marketplace with the help of its 2014 acquisition, Viator. Citymaps might further help with the growth of Marketplace. The company believes that attractions can be its next billion dollar revenue generating segment. The market is in a fragmented state and it provides for an $80 billion market potential in the U.S. and the U.K. alone. After the launch of Marketplace in 2015, Viator’s bookable properties had almost tripled from 11,000 to 32,000 in Q4 2015.
We currently expect TripAdvisor’s Subscription and Other business’s revenue (which is comprised of attraction, restaurant, and vacation rental bookings) to grow for the next five years at a CAGR of ~8% and the segment’s EBITDA to grow at a CAGR of almost 10%.
- Why Has Tripadvisor Stock Slumped 35% This Year?
- Gaining 20% This Year, Will Tripadvisor Stock Rally Further After Q1 Results?
- Up 26% Already This Year, What Is Next For Tripadvisor Stock?
- Up 21% Since 2023, How Will Tripadvisor Stock Trend Post Q4 Results?
- Down 18% This Year, How Will Tripadvisor Stock Trend Following Q3 Results?
- What’s Next For Tripadvisor Stock?
Have more questions about TripAdvisor? See the links below.
- What Is TripAdvisor’s Fundamental Value On The Basis Of Its Forecasted 2015 Results?
- Advertising Vs Subscription: What’s TripAdvisor’s Revenue and EBITDA Breakdown?
- How Has TripAdvisor’s Revenue And EBITDA Composition Changed Over 2012-2016E?
- TripAdvisor Year 2015 In Review
- Where Can TripAdvisor’s Growth Come From In The Next 5 Years?
- What Drove TripAdvisor’s Revenue And EBITDA Growth Over The Last Five Years?
- TripAdvisor Q1 2016 Earnings Preview
- How Is TripAdvisor Gearing Up For Competition In The Vacation Rental Space?
- How Can Instant Booking Stir Up The OTA Space And Be A Game Changer For TripAdvisor?
- TripAdvisor’s Expected Revenue And EBITDA Growth For 2016: Trefis Estimate
- Why Might TripAdvisor Be An Attractive Acquisition Target For Priceline?
- What Has Been The Immediate Impact Of The Brexit Decision On The Online Travel Companies?
- How Is TripAdvisor’s Non-Hotel Business Expected To Grow?
- What Might Be The Long-Term Impacts Of Brexit On The Online Travel Agencies?
- What Is The Significance Of TripAdvisor’s Upgraded Flight Search Platform?
- TripAdvisor’s Q2 2016 Earnings Preview
- TripAdvisor’s Q2 2016 Results Remain Subdued But The Company Is Eyeing Long Term Growth
- Reasons Behind Our 12% Downward Revision Of TripAdvisor’s Stock Price
- How Is TripAdvisor’s Top Line Trending?
- Can TripAdvisor’s Quest To Emerge As A Booking Site Spell Doom For It?
Notes:
See More at Trefis | View Interactive Institutional Research (Powered by Trefis)