Tripadvisor shifts toward a new core
📈 Nov 17, 2025: Tripadvisor is at a pivotal moment as Viator and TheFork—now contributing half of its revenue—drive growth. Viator has surpassed a GMV of over $4 billion, nearing $1 billion in revenue. TheFork boasts a network of over 30,000 restaurants. Management is focusing on these assets, expecting ~$85 million in cost synergies and improved EBITDA margins from 2026, signaling a shift from its traditional referral model.
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