Tag Archives: trip

TripAdvisor Gaps Up Past 50-Day On Priceline Linkup

Booking.com, Priceline.com and other Priceline (PCLN) properties will list on TripAdvisor ‘s (TRIP) instant booking platform. The joint announcement sent TripAdvisor shares up 18.3% Wednesday morning, gapping up past its 50-day line. Priceline shares rose 1.9% in the stock market today. Expedia (EXPE) shares fell 6.4%. Expanding on the two travel booking sites’ existing partnership, the new agreement allows TripAdvisor users to book hotels from

TripAdvisor Price Target Cut As 2015 Guidance Lowered

TripAdvisor (TRIP) got several price target reductions Friday after it lowered revenue and earnings guidance for the year and missed its Q2 numbers on both the top and bottom lines, citing headwinds with currency and the global economy. The online travel site late Thursday reported Q2 revenue of $405 million, up 25% from the year-earlier quarter. Earnings per share minus items fell 1.8% to 54 cents. Analysts polled by Thomson Reuters had expected

TripAdvisor Expands Hotel Partnership With Marriott

TripAdvisor (TRIP) stock traveled higher Wednesday after the online travel site announced an expanded partnership with hotel chain Marriott International (MAR). TripAdvisor will add Marriott’s global hotel portfolio to the TripAdvisor Instant Booking platform. Starting this summer, travelers shopping for hotel rooms on TripAdvisor will be able to book any of Marriott’s more than 4,200 hotels worldwide without leaving the TripAdvisor website.