TripAdvisor Has Already Spent $352 Million in Cash for 4 Acquisitions in 2014
Skift Take
TripAdvisor's loosening of its purse strings in 2014 reflects an intense merger and acquisition environment fomented by rivals, including the Priceline Group and Expedia Inc., which have been spending even more than TripAdvisor on acquisitions so far this year.
TripAdvisor has really loosened its wallet and gotten aggressive about acquisitions so far in 2014 to keep up with the buying binges of the Priceline Group and Expedia Inc. as TripAdvisor is slated to pay $352 million in cash for four acquisitions so far this year.
That compares with just $31 million spent in cash, net of cash acquired, that TripAdvisor shelled out for six acquisitions in 2013, namely for TinyPost, Jetsetter, CruiseWise, Niumba, GateGuru, and Oyster.
Of the ten acquisitions so far in 2013 and 2014, TripAdvisor has only had to disclose the details on one, its pending acquisition of Viat
