Liberty TripAdvisor Holdings
Financials
Estimates*
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 1.6b | 1.6b | 1.6b | 604m | 902m | 1.5b | 1.8b |
| % growth | - | 3 % | (3 %) | (61 %) | 49 % | 65 % | 20 % |
| EBITDA | (1.6b) | 234m | 311m | (195m) | (46.0m) | 177m | 266m |
| % EBITDA margin | (100 %) | 14 % | 20 % | (32 %) | (5 %) | 12 % | 15 % |
| Profit | (397m) | (64.0m) | (22.0m) | (238m) | 179m | 30.0m | (285m) |
| % profit margin | (25 %) | (4 %) | (1 %) | (39 %) | 20 % | 2 % | (16 %) |
| EV / revenue | 0.4x | 0.6x | 0.5x | 1.1x | 1.0x | 0.3x | 0.3x |
| EV / EBITDA | -0.4x | 4.3x | 2.3x | -3.3x | -20.1x | 3.0x | 1.9x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
* | $325m | Post IPO Equity | |
| N/A | $300m | Post IPO Debt | |
* | $500m | Post IPO Debt | |
| Total Funding | - | ||
Related Content
Recent News about Liberty TripAdvisor Holdings
EditLiberty TripAdvisor Holdings, Inc. is a holding company that primarily operates through its subsidiary, Tripadvisor. Tripadvisor is recognized as the world's largest travel platform, providing a comprehensive resource for travelers to research and plan their trips. The platform aggregates millions of reviews and opinions from a global community of travelers about various travel-related services, including accommodations, restaurants, experiences, airlines, and cruises.
Liberty TripAdvisor Holdings owns approximately 21% of Tripadvisor's common stock, which translates to a significant 57% voting interest. This ownership structure gives Liberty TripAdvisor substantial influence over Tripadvisor's strategic decisions.
Tripadvisor serves a diverse clientele, ranging from individual travelers seeking authentic reviews and travel advice to businesses in the travel and hospitality industry looking to enhance their visibility and reputation. The market it operates in is the global travel and tourism sector, which is vast and continually growing.
The business model of Tripadvisor is primarily based on advertising revenue. It makes money by offering advertising space to travel-related businesses and charging them for enhanced listings and visibility on its platform. Additionally, Tripadvisor generates income through affiliate commissions when users book accommodations, flights, or other travel services via links on its site.
In 2020, Liberty TripAdvisor announced a significant investment of $325 million by funds managed by Certares Management LLC. This investment was used to strengthen the company's financial position by repaying outstanding debts.
In summary, Liberty TripAdvisor Holdings leverages its substantial stake in Tripadvisor to influence the travel platform's strategic direction, thereby maximizing shareholder value. The company benefits from Tripadvisor's robust business model, which capitalizes on advertising and affiliate commissions in the expansive travel and tourism market.
Keywords: travel platform, reviews, accommodations, restaurants, experiences, airlines, cruises, advertising revenue, affiliate commissions, global tourism.