Shares of the corporate, which offers buyer-generated journey rankings and takes a charge for any visitors despatched by means of to 3rd-occasion reserving sites, closed down 9 p.c following the CEO’s comments at the Canaccord Gennuity Growth Conference.
Millions of traveler reviews, pictures, and maps from TripAdvisor. Know higher. Book better. Go higher. With over 500 million evaluations and opinions by vacationers, TripAdvisor makes it straightforward to seek out the bottom airfare, finest motels, nice restaurants, and enjoyable issues to do, wherever you go. And reserving options for inns, eating places and flights are just a tap away.
The CEO stated on Wednesday that he expects the pricing power to make up for the decreased lead volumes by the tip of the yr, but was not optimistic that it could occur sooner. Despite world economic volatility, journey demand in the United States has not slowed and is holding up properly, … Read more