NEW YORK — Travel website operator TripAdvisor said Monday that it has completed its purchase of Viator, a website that lets consumers review and book trip activities like tours, for $200 million in cash.
TripAdvisor agreed to buy Viator on July 24. The Cambridge, Massachusetts, company says Viator offers more than 20,000 bookable tours and travelers have submitted 600,000 reviews, photos and videos to its site. Travelers Can book trips through Viator ahead of time in 10 languages and 10 currencies. Once they have reached their destinations, they can book activities through the company’s app.
TripAdvisor features reader-written reviews of hotels and other businesses on its own site and websites including Airfarewatchdog, BookingBuddy and SmarterTravel.
The company said Viator is headquartered in San Francisco and has 250 employees. President and CEO Barrie Seidenberg will continue to lead the company.
Shares of TripAdvisor slipped 20 cents to $95.09 in midday trading. Its shares have risen 15 percent so far this year.
Keep the discussion civilized. Absolutely NO
personal attacks or insults directed toward writers, nor others who
make comments. Keep it clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. Don't threaten. Threats of harming another
person will not be tolerated. Be truthful. Don't knowingly lie about anyone
or anything. Be proactive. Use the 'Report' link on
each comment to let us know of abusive posts. PLEASE TURN OFF YOUR CAPS LOCK. Anyone violating these rules will be issued a
warning. After the warning, comment privileges can be
revoked.
Please purchase a Premium Subscription to continue reading.
To continue, please log in, or sign up for a new account.
We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.
A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!
(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.