Tripadvisor Files Paperwork to Take Viator Public

Tripadvisor said Wednesday that it filed a confidential S-1 draft registration statement with the U.S. Securities and Exchange Commission to conduct an initial public offering for its tours and activities brand, Viator. The move follows through on a pledge by Tripadvisor to create greater shareholder value.

A Viator IPO is not a done deal, however. In a shareholder letter about its fourth quarter and full-year 2021 financial results, Tripadvisor said taking Viator public would be subject to the SEC's review, as well as an ongoing assessment of other strategic options and market conditions.

Tripadvisor said it has been discussing with industry players various options to capitalize on the strategic value of Viator, which is considered the industry leader.

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