The 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