Track market-moving stories before they get noisy

TripAdvisor is now a simplified, cash-rich company post-TheFork sale, with activist-driven board control and clear catalysts ahead. Viator, TRIP's growth engine, is a global tours marketplace with $924M FY25 revenue and substantial digital penetration runway. The legacy Hotels segment is declining rapidly but remains a cash generator, with potential offset from AI data licensing deals.

June 19, 2026 11:55 ET  | Source: KiN Hotel

Ho Chi Minh City, Vietnam, June 19, 2026 (GLOBE NEWSWIRE) -- KiN Hotel Thi Sach Edition is pleased to announce today that it has been recognized in Tripadvisor's Travelers' Choice® Awards for 2026. Tripadvisor’s Travelers’ Choice Award winners are among the top 10% of listings around the world on Tripadvisor.

KiN Hotel Thi Sach Edition Recognized as a Top-Rated Hotel in Ho Chi Minh

As the world’s largest travel guidance platform, Tripadvisor has unparalleled authority with travelers and diners. This award is based on genuine feedback from anyone in the community who has visited and left an authentic, first-hand review on Tripadvisor over a 12-month period, making it a valuable and trustworthy designation of travelers’ favorites.  

"Receiving the Tripadvisor Travelers' Choice Award for 2026 is a true reflection of the people behind KiN Hotel Thi Sach Edition — our team, our guests, and our community. By combining movement, culture, and meaningful partnerships, we hope to inspire the community to connect and experience Ho Chi Minh City in a way that is authentic and unforgettable. This award affirms that what we are building resonates, and we look forward to continuing this journey with our community." - Benny, Co-Founder & CBO, KiN Hotel Group 

“Congratulations to KiN Hotel Thi Sach Edition on its recognition in Tripadvisor’s Travelers’ Choice Awards for 2026,” said Matt Dacey, Chief Marketing Officer, Tripadvisor. “Ranking among the top percentage of businesses globally means you have made such a memorable impact on your visitors that many of them took time to go online and leave a glowing review about their experience. We hope this recognition continues to drive business to you in 2026 and beyond.”   

Check out all the reviews and discover more about KiN Hotel Thi Sach Edition here.

About KiN Group

KiN Group is a Singapore-headquartered integrated lifestyle hospitality company building next-generation urban experiences across Southeast Asia. Rooted in the philosophy of the Warmth of Kinship, the Group owns, operates, and grows a portfolio of branded hospitality destinations that combine thoughtful design, technology integration, and community-driven experiences for the modern traveller.

The Group's ecosystem spans four pillars: Hospitality Operations (KiN Hotel, KiN Hotel Edition, NiK Hotel, KiN Wander), Real Estate and Business Solution (Crestbrick), Brand Amplification (KiN Circle), and Technology (KiNex). With over 30 hotels across Vietnam and an expanding footprint into Malaysia, Singapore, and China, KiN Group is targeting 13,000 rooms by 2029. 

Headquartered in Singapore. Rooted in Ho Chi Minh City. Growing across Southeast Asia.

About Tripadvisor 

Tripadvisor, the world's largest travel guidance platform, helps millions of people each month become better travelers, from planning to booking to taking a trip. Travelers across the globe use the Tripadvisor site and app to discover where to stay, what to do and where to eat based on guidance from those who have been there before. With more than 1 billion reviews and contributions, travelers turn to Tripadvisor to find deals on accommodations, book experiences, reserve tables at delicious restaurants and discover great places nearby.  

Press Inquiries

KiN Hotel
[email protected]
https://kinhotel.com/

Tripadvisor Inc (NASDAQ:TRIP) has agreed to sell its European restaurant reservations platform TheFork to American Express for $700 million in cash, a move that Jefferies says simplifies the company’s structure but does not fully offset longer-term pressure in its core business.

The deal, which Jefferies noted had been widely anticipated following Tripadvisor’s earlier indication that it was exploring strategic alternatives for TheFork, is expected to close before the end of fiscal 2026. The net proceeds are expected to be broadly in line with the gross sale price. Tripadvisor said it may deploy the capital toward share repurchases, debt reduction, or acquisitions in its Experiences segment.

Jefferies raised its price target on Tripadvisor to $11 from $8.50, citing a higher-than-expected valuation for TheFork in the transaction. Shares traded hands at about $12.50 on Tuesday afternoon.

The broker estimates the sale price implies roughly 2.5x 2027 estimated revenue and about 19x 2027 EBITDA, representing a premium to typical small- and mid-cap internet sector valuations.

Under a sum-of-the-parts framework, Jefferies now assigns approximately $4 per share of value to TheFork, $4 to Viator, and about $3 to the Hotels business, which remains the company’s largest segment.

Despite the higher valuation, Jefferies maintained an ‘Underperform’ rating on the stock, pointing to what it describes as a weakening profit trajectory in Tripadvisor’s remaining operations. The firm expects ongoing declines in the Hotels business to weigh on consolidated growth, partially offset by continued expansion in Viator, the company’s experiences marketplace.

Jefferies forecasts a mid-single-digit decline in Tripadvisor’s pro forma EBITDA through 2028, citing a projected roughly 20% annual decline in Hotels EBITDA alongside approximately 25% annual growth in Experiences EBITDA.

It also flagged risk around the company’s fiscal 2026 outlook, which it says implies a significant second-half ramp in revenue and profitability.

Tripadvisor Inc (NASDAQ:TRIP) has agreed to sell its European restaurant reservations platform TheFork to American Express for $700 million in cash, a move that Jefferies says simplifies the company’s structure but does not fully offset longer-term pressure in its core business.

The deal, which Jefferies noted had been widely anticipated following Tripadvisor’s earlier indication that it was exploring strategic alternatives for TheFork, is expected to close before the end of fiscal 2026. The net proceeds are expected to be broadly in line with the gross sale price. Tripadvisor said it may deploy the capital toward share repurchases, debt reduction, or acquisitions in its Experiences segment.

Jefferies raised its price target on Tripadvisor to $11 from $8.50, citing a higher-than-expected valuation for TheFork in the transaction. Shares traded hands at about $12.50 on Tuesday afternoon.

The broker estimates the sale price implies roughly 2.5x 2027 estimated revenue and about 19x 2027 EBITDA, representing a premium to typical small- and mid-cap internet sector valuations.

Under a sum-of-the-parts framework, Jefferies now assigns approximately $4 per share of value to TheFork, $4 to Viator, and about $3 to the Hotels business, which remains the company’s largest segment.

Despite the higher valuation, Jefferies maintained an ‘Underperform’ rating on the stock, pointing to what it describes as a weakening profit trajectory in Tripadvisor’s remaining operations. The firm expects ongoing declines in the Hotels business to weigh on consolidated growth, partially offset by continued expansion in Viator, the company’s experiences marketplace.

Jefferies forecasts a mid-single-digit decline in Tripadvisor’s pro forma EBITDA through 2028, citing a projected roughly 20% annual decline in Hotels EBITDA alongside approximately 25% annual growth in Experiences EBITDA.

It also flagged risk around the company’s fiscal 2026 outlook, which it says implies a significant second-half ramp in revenue and profitability.

Tripadvisor TRIP shares are climbing following its agreement to sell TheFork to American Express AXP for $700 million in an all-cash deal. This transaction allows TRIP to realize value from a non-core asset while enhancing its balance sheet and capital allocation flexibility. The sale comes after TRIP's decision in February to explore strategic options for TheFork, enabling management to concentrate on its Experiences segment. However, the deal is not expected to finalize until late 2026 and is subject to labor consultations and regulatory approvals.

Asset Value: As of Q1 2026, TheFork reported $232 million in last-twelve-month revenue and an adjusted EBITDA of $28 million, reflecting a valuation of approximately 3.0x revenue and about 25x adjusted EBITDA, which is favorable for a low-margin asset. Tax Treatment: TRIP anticipates that net proceeds will closely match gross proceeds due to minimal tax leakage, enhancing the significance of the $700 million cash influx for potential capital returns or strategic reinvestments. Capital Deployment: Management indicated that the proceeds could be used for share buybacks, debt reduction, or investments in Experiences, with buybacks being the most immediately beneficial option if core performance remains inconsistent. Strategic Reset: This sale allows TRIP to focus on Experiences and Viator, although this segment must demonstrate operational leverage after an 8% revenue increase in Q1, which still resulted in negative adjusted EBITDA. Recent Performance: The sale supports a portfolio simplification strategy in light of disappointing Q1 results, which included an EPS miss and slightly lower revenue, raising concerns about execution in the remaining business. AXP Rationale: For AXP, acquiring TheFork adds over 50,000 restaurants across 11 European countries, expanding its bookable dining network to around 75,000 venues and enhancing its premium dining, travel, and international cardmember ecosystem. Shareholder Pressure: This deal also responds to investor demands to unlock value from non-core assets, particularly from Starboard Value, which had previously advocated for the sale of TheFork. The TRIP/AXP transaction simplifies the narrative from a complex travel portfolio to a streamlined focus on Experiences, Viator, and capital deployment. For TRIP, the monetization of TheFork at a healthy multiple, coupled with minimal tax implications, opens up options for share buybacks, debt reduction, or targeted investments in Experiences. However, this sale alone does not resolve the ongoing challenges in core operations, as the remaining business still needs to achieve consistent revenue, improve margins, and demonstrate that Experiences can scale profitably. For AXP, this acquisition aligns with its strategy to enhance cardmember engagement through dining, travel, and premium lifestyle benefits while expanding its restaurant network and international reach. Key indicators to monitor include TRIP's commitment to shareholder-friendly proceeds utilization, timely transaction closure, and the ability of a more focused portfolio to enhance execution and shareholder value.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

NEW YORK--(BUSINESS WIRE)--American Express (NYSE: AXP) today announced a proposed acquisition of TheFork, a leading online restaurant reservation and management platform in Europe, from Tripadvisor, Inc. (NASDAQ: TRIP), growing its dining offering in the region.

Dining is one of the most important ways people engage with our brand

Share TheFork connects millions of diners with more than 50,000 restaurants across 11 European countries through its restaurant management, booking and customer engagement platform, alongside a consumer-facing restaurant discovery and reservation app and website.

The proposed acquisition builds on American Express’ broader dining strategy and its successful acquisitions of digital dining platforms Resy and Tock. Together, these platforms are expected to expand American Express’ dining network to 75,000 bookable venues1.

With the proposed acquisition of TheFork, American Express would grow its dining offerings in Europe and strengthen its ability to provide access for Card Members and diners to sought-after restaurants, while supporting the continued growth of its international business, a major driver of the company’s overall growth.

“Dining is one of the most important ways people engage with our brand,” said Rafa Marquez, President of International Card Services at American Express. “Over time, the proposed acquisition would help us enrich our differentiated Membership Model by offering Card Members more ways to discover, book and access great restaurants, while helping our partners reach more diners and grow their businesses. TheFork has built a successful platform across Europe with strong relationships throughout the restaurant industry that would complement our existing capabilities. We look forward to supporting TheFork’s continued growth and building on its success as we strengthen our dining presence across Europe.”

"TheFork was created to help restaurants thrive and to make it easier for diners to discover and enjoy great restaurants,” said Almir Ambeskovic, Chief Executive Officer of TheFork. “With Tripadvisor's support, we've built one of Europe's leading dining platforms. American Express shares our commitment to innovation, service and hospitality. Together, we have a unique opportunity to accelerate our mission, bringing even more value to restaurants while creating richer and more seamless experiences for millions of diners across Europe."

Founded in 2007, TheFork provides restaurants with reservation management, guest engagement and operational tools designed to help restaurants optimize their businesses while delivering a seamless discovery and booking experience for diners.

Following the closing of the potential transaction, TheFork would continue to operate under its existing leadership team while benefiting from the global reach and powerful backing of American Express.

The proposed transaction is expected to close before the end of 2026, subject to labor consultation and customary conditions, including regulatory approvals. Under the terms of the proposal, American Express will acquire TheFork from Tripadvisor for $700 million in cash, subject to customary adjustments.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. The forward-looking statements, which include current expectations regarding the transactions and future operations, among other matters, contain words such as “believe,” “expect,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “continue” and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company undertakes no obligation to update or revise any forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements, include, but are not limited to: the parties’ ability to satisfy the closing conditions, including completion of a labor consultation process and receipt of regulatory approvals, and consummate the transaction; the underlying assumptions related to the transaction proving to be inaccurate or unrealized; and American Express’ ability to integrate TheFork and benefit from and expand its platform, tools and capabilities, which will depend in part on management’s decisions regarding future operations, strategies and business initiatives. A further description of these and other risks and uncertainties can be found in American Express’ Annual Report on Form 10-K for the year ended December 31, 2025 and its other reports filed with the SEC.

ABOUT AMERICAN EXPRESS

American Express (NYSE: AXP) is a global payments and premium lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services, and experiences that enrich lives and build business success.

Founded in 1850 and headquartered in New York, American Express’ brand is built on trust, security, service, and a rich history of delivering innovation and Membership value for our customers. We seek to provide the world’s best customer experience every day to a broad range of consumers, small and medium-sized businesses, and large corporations, and we build and manage relationships with millions of merchants across our global network.

For more information about American Express, visit americanexpress.com, americanexpress.com/en-us/newsroom/, and ir.americanexpress.com.

ABOUT THEFORK

TheFork is a leading online restaurant marketplace and technology platform in Europe, connecting diners with restaurants through its consumer marketplace and software solutions. Founded in 2007, TheFork helps diners discover and book restaurants while enabling restaurant partners to attract guests, optimize operations and drive sustainable growth. TheFork partners with more than 50,000 restaurants across 11 European countries and serves millions of diners through its mobile app and website.

1 Venue figures are based on American Express and TheFork internal company records as of June 2026. Methodologies may differ across platforms, and combined figures reflect company estimates at the time of announcement

Credit card is seen in front of displayed American Express logo in this illustration taken, July 15, 2021. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

CompaniesJune 15 (Reuters) - American Express (AXP.N), opens new tab said on Monday it will buy restaurant booking platform TheFork from Tripadvisor (TRIP.O), opens new tab in an all-cash ​deal worth $700 million, sending shares of the online ‌travel platform up 14% in premarket trading.

Activist investor Starboard Value had in October last year pressed for TheFork's sale, as ​Tripadvisor struggled to recover from pandemic-era disruptions and contend ​with heavy competition from rivals including Booking ⁠Holdings (BKNG.O), opens new tab and Airbnb (ABNB.O), opens new tab.

Jumpstart your morning with the latest legal news delivered straight to your inbox from The Daily Docket newsletter. Sign up here.

For American Express, buying TheFork will ​expand its dining network to 75,000 bookable venues and ​bolster its international business, which has been its fastest-growing segment for many years. It also builds on its acquisitions of dining ​platforms Resy and Tock.

“Dining is one of the most ​important ways people engage with our brand,” said Rafa Marquez, ‌president ⁠of international card services at American Express.

TheFork generated $232 million in revenue for the year ended March 31, a 25% jump from a year earlier, according ​to Tripadvisor's earnings ​report.

The restaurant ⁠management, booking and customer engagement platform connects millions of diners with more than ​50,000 restaurants across 11 European countries, ​said ⁠American Express.

The deal is expected to close before the end of 2026 and TheFork will continue to operate under ⁠its ​existing leadership, it added.

Goldman Sachs served ​as financial adviser to Tripadvisor and TheFork.

Reporting by Arasu Kannagi Basil ​and Anshuman Tripathy in Bengaluru; Editing by Jonathan Ananda

Our Standards: The Thomson Reuters Trust Principles., opens new tab

For the quarter ended March 2026, TripAdvisor (TRIP - Free Report) reported revenue of $382.4 million, down 3.9% over the same period last year. EPS came in at -$0.11, compared to $0.14 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $385.45 million, representing a surprise of -0.79%. The company delivered an EPS surprise of -230.33%, with the consensus EPS estimate being -$0.03.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how TripAdvisor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue- TheFork: $57.3 million versus $56.07 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +23.5% change.Revenue- Intersegment eliminations: $-0.7 million compared to the $-0.73 million average estimate based on three analysts. The reported number represents a change of -97% year over year.Revenues- Hotels and Other- Media and advertising: $28 million compared to the $24.47 million average estimate based on two analysts.Revenues- Hotels and Other- Other: $15.5 million versus the two-analyst average estimate of $13.42 million.Revenues- Hotels and Other- Hotels: $114.4 million compared to the $117.3 million average estimate based on two analysts.Revenues- Experiences: $167.9 million versus the two-analyst average estimate of $173.32 million.Revenues- Hotels and Other: $157.9 million versus the two-analyst average estimate of $155.19 million.Adjusted EBITDA- TheFork: $4.6 million versus the three-analyst average estimate of $0.48 million.Adjusted EBITDA- Hotels and Other: $36.7 million versus the two-analyst average estimate of $34.17 million.Adjusted EBITDA- Experiences: $-19.2 million versus $-19.15 million estimated by two analysts on average.View all Key Company Metrics for TripAdvisor here>>>

Shares of TripAdvisor have returned +2.3% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

New York, New York--(Newsfile Corp. - May 7, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Trip.com Group Limited (NASDAQ: TCOM) between April 30, 2024 and January 13, 2026, both dates inclusive (the "Class Period"), of the important May 11, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased Trip.com securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Trip.com class action, go to https://rosenlegal.com/submit-form/?case_id=50668 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants recklessly understated the regulatory risk facing Trip.com as a result of its monopolistic business activities; and (2) as a result, defendants' statements about Trip.com's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Trip.com class action, go to https://rosenlegal.com/submit-form/?case_id=50668 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296536

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

2 hours ago

MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in StockMarketBeat

MSA Safety Incorporporated (NYSE:MSA - Get Free Report) CFO Julie Beck bought 448 shares of the stock in a transaction dated Thursday, June 11th. The stock was acquired at an average price of $158.69 per share, with a total value of $71,093.12. Following the completion of the purchase, the chief financial officer owned 3,825 shares of the company's stock, valued at $606,989.25. This represents a 13.27% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

NYSE:MSA

Read MSA Safety Incorporporated (NYSE:MSA) CFO Acquires $71,093.12 in Stock

2 hours ago

Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of StockMarketBeat

NBT Bancorp Inc. (NASDAQ:NBTB - Get Free Report) Director Heidi Hoeller sold 2,100 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $48.03, for a total transaction of $100,863.00. Following the transaction, the director owned 11,560 shares of the company's stock, valued at approximately $555,226.80. This represents a 15.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

NASDAQ:NBTB

Read Insider Selling: NBT Bancorp (NASDAQ:NBTB) Director Sells 2,100 Shares of Stock

2 hours ago

Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) StockMarketBeat

IGM Financial Inc. (TSE:IGM - Get Free Report) Director Douglas Milne sold 1,600 shares of the business's stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of C$80.61, for a total value of C$128,976.00. Following the sale, the director directly owned 800 shares in the company, valued at C$64,488. The trade was a 66.67% decrease in their ownership of the stock.

TSE:IGM

Read Douglas Milne Sells 1,600 Shares of IGM Financial (TSE:IGM) Stock

2 hours ago

GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,800 SharesMarketBeat

GlobalFoundries Inc. (NASDAQ:GFS - Get Free Report) insider Michael James Hogan sold 2,800 shares of GlobalFoundries stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $75.17, for a total value of $210,476.00. Following the transaction, the insider owned 6,695 shares in the company, valued at $503,263.15. This trade represents a 29.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NASDAQ:GFS

Read GlobalFoundries (NASDAQ:GFS) Insider Michael James Hogan Sells 2,800 Shares

Sort By

Time Frame

Alert Type

Keywords

Page 1 of 325

Tripadvisor's Q1 results were mixed, with Hotels revenue declining 20%, but both Experiences (Viator) and TheFork maintained strong momentum. TRIP generated $101 million of Q1 FCF thanks to its asset-light marketplace model and favorable working capital dynamics. Starboard Value maintains meaningful economic exposure, supporting continued expectations for strategic actions and value realization initiatives.

On May 15, 2026, Monimus Capital Management, LP disclosed a buy of 2,053,088 shares of Tripadvisor (TRIP +5.29%), an estimated $23.91 million trade based on quarterly average pricing.

What happenedAccording to an SEC filing dated May 15, 2026, Monimus Capital Management increased its holding in Tripadvisor (TRIP +5.29%) by 2,053,088 shares during the first quarter of 2026. The estimated transaction value was $23.91 million, based on the quarter’s average share price. The quarter-end value of the position increased by $20.12 million, which includes both new purchases and changes in share price.

What else to knowMonimus Capital’s purchase brought its Tripadvisor position to 7.41% of 13F reportable AUM, which places it outside the fund’s top five holdings.Top holdings after the filing:NASDAQ: TRIP: $26.72 million (7.4% of AUM)NASDAQ:BKNG: $18.92 million (5.2% of AUM)NASDAQ:AMZN: $15.02 million (4.2% of AUM)NYSE:RSKD: $14.47 million (4.0% of AUM)NYSE:MSGS: $13.43 million (3.7% of AUM)As of May 14, 2026, Tripadvisor shares were priced at $9.60, down 38% over the past year and well underperforming the S&P 500 by 66 percentage points.Company overviewMetricValueRevenue (TTM)$1.88 billionNet income (TTM)$18.60 millionPrice (as of market close May 14, 2026)$9.60One-year price change(38%)Company snapshotTripadvisor offers online travel resources, including hotel and accommodation reviews, restaurant reservations, vacation rentals, and experiences through brands such as Tripadvisor.com, Viator, and TheFork.The company serves global leisure and business travelers, as well as travel service providers seeking digital marketing and distribution channels.It operates a digital platform that generates revenue from advertising, commissions on bookings, and transaction fees for experiences and dining reservations.Tripadvisor operates one of the world's largest travel guidance platforms, leveraging user-generated content and a broad portfolio of travel media brands to connect travelers with accommodations, experiences, and dining options worldwide. Its scalable digital platform and diversified revenue streams position it as a key player in the online travel and experiences sector. Tripadvisor’s strategic focus on content, technology, and global reach supports its competitive position in a dynamic and evolving industry.

What this transaction means for investorsWith Tripadvisor’s stock badly lagging over the past year, this move signals confidence that investors may be overly focused on the company’s struggling legacy hotel segment while underestimating faster-growing assets like Viator and TheFork.

Tripadvisor’s latest earnings, reported last week, showed a business in transition. First-quarter revenue fell 4% year over year to $382.4 million, but its Experiences segment grew 8% to $167.9 million, while gross booking value climbed 13% to roughly $1.2 billion. TheFork also posted 23% revenue growth and swung to positive adjusted EBITDA. The bad segment? Hotels, which saw revenue fall 20% to $157.9 million.

Meanwhile, Tripadvisor ended the quarter with roughly $1.1 billion in cash and generated $101.3 million in free cash flow. Management is also restructuring the business around what it calls an “experiences-led and AI-enabled” strategy.

With these developments, long-term investors should pay attention to whether Tripadvisor can successfully pivot away from its slower-growth hotel roots before competitive pressure and weaker margins erode the upside from Experiences.

Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Booking Holdings, and Tripadvisor. The Motley Fool has a disclosure policy.

Denpasar, Bali, Indonesia--(Newsfile Corp. - May 26, 2026) - Luxury Raja Ampat, the dedicated Raja Ampat liveaboard and liveaboard division of Juara Holding Group, has surpassed 800 private voyages organized for high-net-worth travelers from 45+ countries since 2015. Group founder Agung Afif accepts Forbes Business Council membership as sister brand Komodo Luxury earns its fourth consecutive TripAdvisor Travellers' Choice award for Komodo National Park, strengthening the international profile of one of Indonesia's most diversified luxury hospitality groups.

Luxury Raja Ampat Marks 800 Voyages, Komodo Luxury Earns 4 TripAdvisor Awards Under Forbes Council Founder Agung Afif

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8814/298848_52a376df54f4e98a_002full.jpg

Operating exclusively in the Raja Ampat archipelago of West Papua - the global epicenter of marine biodiversity within the Coral Triangle - Luxury Raja Ampat specialises in luxury phinisi charters, raja ampat private yacht charter expeditions, liveaboard diving voyages, and bespoke private cruises. The company's curated luxury raja ampat liveaboard programs serve HNWI clients from Europe, North America, Australia, and Asia drawn by the region's 75% concentration of all known coral species and 1,600+ documented reef fish species across more than 1,500 islands.

"Reaching 800 voyages in Raja Ampat is the accumulated result of trust earned one charter at a time, not a marketing milestone," said Agung Afif, Founder of Juara Holding Group. "The Forbes Business Council membership is an international recognition that adds visibility, but our daily measure remains the HNWI guests who return for their second, third, and fourth voyages across our marine and concierge brands."

Sister Brand Komodo Luxury Strengthens Group's Marine Authority

Operating alongside Luxury Raja Ampat within the Juara Holding Group is Komodo Luxury - a four-time TripAdvisor Travellers' Choice award winner for Komodo National Park (2022, 2023, 2024, 2025). Headquartered in Bali with operational bases in Labuan Bajo, the gateway to Komodo National Park, Komodo Luxury owns and operates a growing fleet of ultra-luxury yachts offering private yacht charters, premium komodo phinisi cabin cruises, and bespoke sailing expeditions. The company also provides yacht investment and professional yacht management services for international owners seeking to enter Indonesia's expanding luxury komodo yacht charter market, with charter routes spanning Labuan Bajo to Padar, Komodo, Rinca, Pink Beach, and the Banda Sea periphery.

The two marine brands together cover Indonesia's two most internationally recognised luxury yacht destinations - Raja Ampat in the east and Komodo National Park in the west - representing a combined decade-plus of regional expertise and over 800 documented voyages for HNWI travellers from 45+ countries. Both operate under unified group standards for experienced captains, trained crew, curated routes, and concierge-level service across English, French, German, Mandarin, and Bahasa-speaking traveller segments.

Bali Premium Trip Completes the End-to-End Luxury Travel Network

Most international travellers reach Raja Ampat and Komodo via Bali's Ngurah Rai International Airport (DPS), connecting onward to Sorong or Labuan Bajo. To deliver an end-to-end luxury journey, Juara Holding Group includes Bali Premium Trip - a luxury travel concierge with 10+ years experience trusted by international travelers, honeymooners, families, and VIP guests. The company coordinates luxury car rental Bali, VIP airport fast-track immigration, helicopter transfers, villa accommodation, wedding logistics, visa concierge, private medical concierge, and 24/7 lifestyle support - ensuring every moment from arrival to departure is seamless, refined, and truly exceptional.

This vertically integrated travel network - combining luxury marine charter, luxury Bali travel agency concierge services, premium ground transportation, villa and wellness coordination, and media production under a single Indonesian holding - positions Juara Holding Group as one of the few end-to-end Indonesian-owned luxury hospitality networks operating across both marine and ground verticals from a single coordinated portfolio.

Forbes Business Council Membership Adds International Credential

The Forbes Business Council membership accepted by Agung Afif in March 2026 followed an invitation-only vetting process recognising successful business owners and leaders worldwide. The credential adds international visibility to a portfolio that has built recognition through four consecutive TripAdvisor Travellers' Choice awards and a decade of operational continuity in sensitive Indonesian destinations.

Yacht Investment and Management Open B2B Vertical

Beyond direct charter operations, Komodo Luxury operates a B2B yacht investment advisory and professional yacht management vertical, serving international owners entering Indonesia's expanding luxury charter market. The service spans fleet deployment, crewing, regulatory compliance, charter revenue optimisation, and routine vessel management.

Conservation Standards Across Sensitive Marine Ecosystems

Luxury Raja Ampat's 800-voyage milestone arrives as Indonesia's luxury tourism sector posts continued double-digit growth in HNWI arrivals to Eastern Indonesia. UNESCO ecological significance has shaped protocols across both marine brands, including coral-safe anchoring, no-touch dive policies, certified mooring usage, and partnerships with regional conservation authorities. Komodo Luxury operates parallel protocols consistent with Komodo National Park's UNESCO World Heritage status, including visitor capacity coordination with the Komodo National Park Authority.

About Luxury Raja Ampat

Luxury Raja Ampat is a dedicated luxury yacht charter and liveaboard operator serving Raja Ampat, West Papua since 2015. Over a decade, the company has delivered 800+ private voyages for HNWI travellers from 45+ countries, specialising exclusively in luxury Raja Ampat phinisi charters, raja ampat private yacht charters, liveaboard diving expeditions, bespoke private cruises, and luxury boat charter experiences across the Coral Triangle. As the specialist Raja Ampat division of Juara Holding Group and sister brand to Komodo Luxury - four-time TripAdvisor Travellers' Choice winner for Komodo National Park (2022-2025) - Luxury Raja Ampat combines 10+ years of regional expertise with the operational backing of a diversified Indonesian luxury hospitality, concierge, and media holding.

About Komodo Luxury

Komodo Luxury is a luxury yacht charter operator headquartered in Bali, Indonesia, with operational bases in Labuan Bajo, the gateway to Komodo National Park. The company owns and operates a growing fleet of ultra-luxury yachts, offering private yacht charters, premium cabin cruises, and bespoke sailing expeditions. Beyond charter experiences, Komodo Luxury also provides yacht investment and professional yacht management services for owners entering Indonesia's luxury charter market. Komodo Luxury is part of Juara Holding Group and a four-time TripAdvisor Travellers' Choice award winner (2022, 2023, 2024, 2025).

About Bali Premium Trip

Bali Premium Trip is a luxury travel concierge based in Bali, providing exclusive end-to-end travel services for guests who prioritise comfort, privacy, and high-quality experiences. With 10+ years of experience in luxury travel and hospitality, Bali Premium Trip is trusted by international travelers, honeymooners, families, and VIP guests to manage every aspect of their journey - from luxury car rental Bali and VIP airport transfers to villa accommodation, helicopter tours, visa concierge, wedding logistics, private security, and 24/7 lifestyle support. Not just a service provider, Bali Premium Trip is a dedicated luxury Bali travel agency partner ensuring every moment is seamless, refined, and truly exceptional. As part of Juara Holding Group, the company coordinates integrated logistics with sister marine brands Luxury Raja Ampat and Komodo Luxury.

About Juara Holding Group

Juara Holding Group is a diversified Indonesian luxury hospitality, concierge, and media holding led by founder Agung Afif, a Forbes Business Council member. The portfolio spans luxury marine charter (Luxury Raja Ampat, Komodo Luxury), luxury travel concierge (Bali Premium Trip), villa coordination, and media production (Juara Production), serving HNWI travellers from 45+ countries across Bali, Komodo, Raja Ampat, and Labuan Bajo.

About the Forbes Business Council

The Forbes Business Council is the foremost growth and networking organization for successful business owners and leaders worldwide. Members receive exclusive opportunities including curated executive business news, peer-to-peer learning, and publication on Forbes.com.

Cannot view this video? Visit:
https://www.youtube.com/watch?v=MgvlUWX6sYY

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298848

Source: Plentisoft

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Investors in Tripadvisor, Inc. (TRIP - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the June 18, 2026 $5.00 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Tripadvisor shares, but what is the fundamental picture for the company? Currently, Tripadvisor is a Zacks Rank #3 (Hold) in the Internet - Commerce industry that ranks in the Bottom 40% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while three analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 56 cents per share to 42 cents in that period.

Given the way analysts feel about Tripadvisor right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Image: Bigstock

Read MoreHide Full Article

Key Takeaways CPI & PPI Inflation Prints Due This WeekMarket Indexes Rising Back from Friday's SelloffMiddle East Tensions Cool Ahead of the Opening Bell Monday, June 8th, 2026

Whereas last week was “Jobs Week,” over the next few trading sessions we’ll get “Inflation Week” — particularly on Wednesday morning with a fresh Consumer Price Index (CPI) for May and Producer Price Index (PPI) Thursday morning. Expectations are for inflation to have moderated month over month.

Estimates are currently for +0.5% CPI growth from the prior month, -10 basis points (bps) below the +0.6% last reported. Core CPI is expected to have reached +0.3%, down from +0.4% for April. Year over year is a different story, however: +4.2% on headline would be an advance of +40 bps month over month, while year over year core is anticipated to have ticked up +10 bps to +2.9%.

PPI on headline is expected to be slashed more than in half from the previous month — +0.6% from +1.4% in April — with core estimated at +0.4% from +0.6% prior. Year over year, we don’t see new projections currently, but last month saw some of the highest inflation numbers since late 2022: +6.0% on headline and +4.4% on core. Clearly, anything close to these numbers this week will illustrate an inflation narrative rather unwelcome to our current economy.

Pre-Markets Improving After a Rough Friday
The final trading session of last week is one to forget: the Dow fell -695 points, and it got off easy; the S&P 500 shed -200 points, -2.65%, and the tech-heavy Nasdaq got routed Friday: -1121 points, -4.18% — it’s worst single day of trading since the fallout from tariff “Liberation Day” in April 2025. It was a good day for booking profits in Tech; this morning fills some of those deep craters dug in the market indexes last week.

For instance, memory and data storage chip-maker Micron (MU - Free Report) shares are up +7% this morning, after tumbling roughly -13% on Friday, pulling back from its recent $1 trillion market cap. This came after astounding +750% growth in its share price over the past year, as it joins the AI revolution in a big way. Micron is still a Zacks Rank #1 (Strong Buy) this morning.

Hostilities have reportedly ceased between Iran and Israel this morning, after a weekend of launching missiles. Oil prices are up a point and a half or so this morning, but well off the recent highs when it was unclear which direction this war was going to go. Oil companies — especially the integrated “super-majors” — are up this morning, led by BP (BP - Free Report) +2.3% at this hour.

Q1 earnings season is essentially over — a week or two after the calendar close of Q2 at the end of this month earnings season will pick back up again — though we do see some late companies posting numbers ahead of today’s open: Campbell’s Soup (CPB - Free Report) beat the Zacks consensus by 2 cents to $0.50 per share, Duluth Holdings (DLTH - Free Report) reported a much slimmer loss than expected and shares are up +6% on the news, and FuelCell Energy (FCEL - Free Report) missed expectations by -20% but the stock is still up. After the close, we’ll hear from Vail Resorts (MTN - Free Report) and Trip.com (TRIP - Free Report) .

Questions or comments about this article and/or author? Click here>>

Zacks' 7 Best Strong Buy Stocks (New Research Report) Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in inflation retail tech-stocks

Tripadvisor Announces Its 2026 Travelers' Choice Awards: Best of the Best Hotels Winners, Revealing the World's Most Memorable Stays Tripadvisor Announces Its 2026 Travelers' Choice Awards: Best of the Best Hotels Winners, Revealing the World's Most Memorable Stays PR Newswire

NEEDHAM, Mass., June 9, 2026

Tripadvisor Names Its Top Hotel Destinations Around the World

, /PRNewswire/ -- Tripadvisor, the world's leading travel platform, today announced the winners of its annual Travelers' Choice Awards: Best of the Best Hotels, with Indonesia's G.H. Universal Hotel earning the coveted title of No. 1 Top Hotel in the world.

The 2026 Travelers' Choice Awards: Best of the Best Hotels are part of Tripadvisor's overarching Travelers' Choice Awards umbrella. Winners were determined by the quality and quantity of Tripadvisor reviews and ratings from January 1, 2025, to December 31, 2025.

"This year's Best of the Best Hotels winners represent the top choices of millions of travelers who stayed, experienced, and took the time to review these properties," said Laurel Greatrix, Chief Communications Officer, Tripadvisor Group. "Whether it's a luxury resort in Indonesia, an adventure lodge in Oregon, or a crane suspended above Amsterdam, these winners create the foundation of truly unforgettable trips."

Top Hotels in the World

G.H. Universal Hotel – Bandung, Indonesia
The five-star G.H. Universal Hotel in northern Bandung fuses Renaissance-style architecture with luxury, comfort, and the natural beauty of the area. With 105 rooms to choose from, the hotel offers a large courtyard and swimming pool, a relaxing spa, a fitness center, 24-hour dining and Indonesia's only luxury pet hotel, The G.H. Universal Pet Inn, where pets can receive dedicated care throughout the stay.Local experiences:

Amazing Art World: A truly singular experience, this is the world's largest 3D Art museum where visitors can explore six different galleries and over 500 works of art that come dazzlingly to life before your eyes.Volcano Tour: Enjoy an action-packed day out in the volcanic countryside with this small-group tour, in which you'll explore crater lake and central tourist attraction Kawah Putih, soak in hot springs and mud baths at Rengganis Crater, and enjoy lunch while taking in the gorgeous lakeside view.The rest of the World's Top 10 Hotels:

G.H. Universal Hotel – Bandung, IndonesiaHotel Colline de France – Gramado, BrazilHotel Sporting Family Hospitality – Livigno, ItalyRoyal Lancaster London – London, United KingdomFivePine Lodge and Spa – Sisters, Oregon, United StatesLa Siesta Hoi An Resort & Spa – Hoi An City, VietnamAbigail's Hotel – Victoria, British Columbia, CanadaBucuti & Tara Beach Resort Aruba – Eagle Beach, ArubaHotel Moments Budapest – Budapest, HungaryLa Sinfonía del Rey Hotel & Spa – Hanoi, VietnamSee the full World's Best of the Best Hotels list here.

Top Hotels in the U.S.

FivePine Lodge and Spa – Sisters, Oregon
Central Oregon's ultimate adventure destination, this one-of-a-kind resort offers adventure by day and embraces a romantic ambiance at night. Deluxe suites feature oversized waterfall tubs and fireplaces, while the outdoor heated pool and complimentary breakfast and evening wine receptions create an unforgettable retreat.Local Experiences:

Peterson Ridge Trail – Located in Sisters, Oregon, this sprawling network of trails offers the very best in mountain biking, horseback riding, hiking, running, and walking.2 Hour High Cascades Scenic ATV Tour in Bend Oregon – Take an incredible up-close journey through the Cascade Mountains packed with beautiful views, lava tube caves, Lava Fields, Alpine Lakes, Volcanic Black Sand Dunes, and some of Central Oregon best trails.The rest of the Top Hotels in the U.S.:

FivePine Lodge and Spa – Sisters, OregonThe Loutrel – Charleston, South CarolinaThe Verb Hotel – Boston, MassachusettsThe Bryant Park Hotel – New York, New YorkFrench Quarter Inn – Charleston, South CarolinaThe Inn at Christmas Place – Pigeon Forge, TennesseeIronworks Hotel Indy – Indianapolis, IndianaAtticus Hotel – McMinnville, OregonHotel ZaZa Houston Memorial City – Houston, TexasFaena Miami Beach – Miami Beach, FloridaTop One-of-a-Kind Hotels

Crane Hotel Faralda Amsterdam – Amsterdam, The Netherlands
Perched 164 feet above the IJ river and only accessible by a 10-minute ferry from Central Station, this ultra-exclusive hotel occupies the top of a monumental harbor crane in Amsterdam's NDSM creative district. With only three luxury suites, guests can take in 360-degree city views from the top-deck jacuzzi.Local Experiences:

Amsterdam Canal Cruise by Captain Jack - Soak up unparalleled city views from the open boat in summer and a heated, closed boat from October to March as you cruise around the UNESCO-listed canal ring, spotting landmarks including the Rijksmuseum and the Skinny Bridge.10 Tastes of Amsterdam: Food Tour by UNESCO Canals and Jordaan - Eat your way around Amsterdam on this food walking tour that covers 1.5 miles (2.5 km) of the city. At each of the 10 stops, try Dutch delicacies, from freshly-made stroopwafels (syrup-filled waffles) to artisanal Gouda cheese. As you take a leisurely stroll between locations, see the canals that Amsterdam is famous for.The rest of the Top Once-in-a-Lifetime Hotels:

Crane Hotel Faralda Amsterdam – Amsterdam, The NetherlandsValley Views Glamping – Kurow, New Zealand Eagle Brae – Beauly, Scotland, United KingdomTaj Lake Palace – Udaipur, IndiaShinta Mani Wild – Ou Bak Rothed, Cambodia Treehouse Lodge – Payorote, Peru La Tour D'eole – Morocco, AfricaNayara Bocas Del Toro – Bocas del Toro, PanamaFingal Hotel – Edinburgh, United KingdomSkylodge Adventure Suites – Urubamba, PeruVisit here for a full list of this year's winners.

Methodology
The 2026 Travelers' Choice Awards: Best of the Best Hotels were determined based on the quality and quantity of traveler reviews and ratings posted on Tripadvisor over the 12-month period between January 1 and December 31, 2025, as well as an additional editorial process.

About Tripadvisor Inc.
Tripadvisor, the world's largest travel guidance platform*, helps millions of people each month** become better travelers, from planning to booking to taking a trip. Travelers across the globe use Tripadvisor's website and app to discover where to stay, what to do and where to eat based on guidance from those who have been there before. With more than a billion reviews and contributions, travelers turn to Tripadvisor to find deals on accommodations, book experiences, reserve tables at delicious restaurants and discover great places nearby.

Tripadvisor LLC is a wholly owned subsidiary of Tripadvisor, Inc. (Nasdaq: TRIP). The subsidiaries of Tripadvisor, Inc. own and operate a portfolio of travel media brands and businesses, operating under various websites and apps.

* Source: SimilarWeb, unique users de-duplicated monthly, May 2026
** Source: Tripadvisor internal log files

View original content to download multimedia:https://www.prnewswire.com/news-releases/tripadvisor-announces-its-2026-travelers-choice-awards-best-of-the-best-hotels-winners-revealing-the-worlds-most-memorable-stays-302794235.html

SOURCE Tripadvisor