Rescuers failed to free a luxury cruise that got stuck in Greenland, an autonomous Danish territory, with a smaller boat on Wednesday.
25.08.2023 - 13:17 / skift.com / Dennis Schaal / Matt Goldberg
Tripadvisor and its Viator tours and activities brand compete against amply funded and privately held GetYourGuide as the largest players in this sector. So it was intriguing when the Tripadvisor’s CEO said at a recent investor conference that his experiences business “is larger and faster growing.”
Matt Goldberg’s comments came on the same day that Softbank-backed GetYourGuide, based in Berlin, announced a $194 million investment round, and reports pegged its private valuation at nearly $2 billion.
Goldberg characterized it as “a nice valuation marker” and one that he’d really “like to have.”
Tripadvisor, based on its stock price Friday, is worth a little more at $2.4 billion, but that includes all its other businesses, including hotel search, various advertising programs for travel and non-travel companies, dining reservations, and more.
So Tripadvisor has considered spinning off Viator, the star in its portfolio, into a separate public company to unlock some of that value, especially if it could get a GetYourGuide-like valuation.
But is Tripadvisor/Viator indeed larger than GetYourGuide and growing faster? It’s tough to say definitively because GetYourGuide is a private company and doesn’t publish its financials. But both Tripadvisor.com and its Viator brand sell tours and activities on their platforms, and the combo in experiences is indeed likely larger than GetYourGuide, said a source close to GetYourGuide.
But the source argued that the GetYourGuide brand is larger than the standalone Viator brand, and is growing faster.
“So when Goldberg is referring to ‘bigger,’ then it is only when you count all these together,” said the source, referring to the Tripadvisor and Viator points of sale for experiences, as well as Viator’s big distribution partnerships, such as with Booking.com. “Viator is no longer bigger than GetYourGuide.”
GetYourGuide itself wouldn’t publicly comment on Goldberg’s statements.
In its most recent press announcement, GetYourGuide stated it hosts more than 75,000 activities from over 16,000 operators, and that it has 700 employees in 17 offices in Germany, the U.S. and UK. Since Johannes Reck and Tao Tao co-founded the company in 2009, travelers from more than 150 countries have purchased over 80 million tours, activities and attractions on its platform, the company said.
Tripadvisor counts more than 300,000 bookable experiences in 250,000 destinations. The vast majority of these experiences come from its Viator brand, although many are also booked on Tripadvisor.com and in its app.
The edge in numbers of bookable tours and activities would appear to go to Tripadvisor over GetYourGuide, although the latter has at times focused on offering a curated set of experiences over
Rescuers failed to free a luxury cruise that got stuck in Greenland, an autonomous Danish territory, with a smaller boat on Wednesday.
A luxury cruise carrying 206 passengers is now stuck in a remote part of Greenland after it ran aground.
TUI-owned FirstChoice.co.uk has relaunched as a vibrant new travel and experiences booking platform as the brand looks to strengthen its position with the flexible, independent traveler.
Would you wait hours in line at Disney World to meet a cartoon character?
Soho House is a brand with bona fide British celebrity and royal bragging rights: Prince Harry and Meghan Markle had their first date at one in London. Soho Farmhouse, the brand's countryside inn a two-hour drive outside London, has hosted everyone from former U.K. Prime Minister David Cameron to Princess Eugenie and (my personal favorite) top-selling U.K. band Girls Aloud.
Brightline is once again delaying its debut at Orlando.
Orlando is gearing up for an extraordinary autumn filled with Halloween thrills and fall festivities. With 93 days of frightful scares and family-friendly fun at theme parks and attractions, savory culinary experiences and vibrant cultural celebrations throughout the destination, Orlando presents an exceptional lineup of fall events for visitors of all ages. “From experiencing a taste of our dining scene at a discounted price to the Halloween thrills that you can only find in the Halloween Vacation Capital, Orlando offers something for every traveler this fall,” said Casandra Matej, president and CEO for Visit Orlando. “Lively local events, ranging from our local LGBTQ+ pride celebration to our Hispanic heritage celebration, round out the diverse offerings.”
As any jaded traveler will tell you, there are some stays that are luxurious and a great experience, and there are others— albeit few and far between- that leave you blown away.
Named after its unique forests, as Skiathos means the rich shade of the trees, the island has the same name and has been continuously inhabited since the 10th century BC.
Porto Angeli Beach Resort and Olympic Palace Resort Hotel & Convention Center are two holiday resorts in Rhodes island, Greece
We travel with our tastebuds and one of the most exciting parts of a holiday is the diverse culture and culinary options available. Experiencing traditions, mingling with locals and soaking up the atmosphere is a vital part of making the most of time in the Caribbean.
Just when travelers thought that travel disruptions seen earlier this year may be easing, in May 2023 the European Union plans to introduce new fingerprint and biometric checks at external borders for third-country nationals that could lead to significantly longer wait times.