TripAdvisor set for Expedia split
10 April 2011The world’s largest online travel company Expedia has unveiled plans to spin off its TripAdvisor brand.
Expedia said it hopes to split into two public companies – Expedia and TripAdvisor – by the third quarter of 2011.
TripAdvisor allows travellers to post reviews and attracts more than 40 million visitors a month across 29 countries.
Expedia, which trades on the New York Stock Exchange, employs 8,900 staff worldwide.
source: Press Association
