Home > > TripAdvisor is trying to sell its vacation rental businesses

TripAdvisor is trying to sell its vacation rental businesses

03/16/2020| 4:33:56 PM| 中文

The TripAdvisor brand itself in vacation rentals would not be sold outright, but the demand could be licensed.

TripAdvisor is actively trying to sell its collection of five vacation rental brands, Skift has learned. The move comes as it focuses more on its experiences, dining, hotels, and media businesses. Rentals account for a single-digit fraction of TripAdvisor’s total revenue.

TripAdvisor hired bankers, was circulating a prospectus, and conducting calls with potential buyers as of a month or so ago, according to multiple sources.

If TripAdvisor can find a buyer then the deal might include TripAdvisor’s U.S. brands FlipKey and VacationHomeRentals, Holiday Lettings, and Housetrip in the UK, as well as Spain’s Niumba.

Potential buyers could include Expedia, Booking, Airbnb, Oyo, and Vacasa, as well as local players perhaps in the UK and Spain, for example. Perhaps, too, a private equity buyer might be able to come in and try to sell pieces, or right the course.

The TripAdvisor brand itself in vacation rentals would not be sold outright, but the demand could be licensed

Read Original Article

TAGS: TripAdvisor | vacation rental | asset sale
©2020 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!