Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

TripAdvisor Gains On Hope for a Surge In Travel

Stock MarketsMar 25, 2021 12:27PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Dhirendra Tripathi

Investing.com – TripAdvisor (NASDAQ:TRIP) shares rose 5% on Thursday on growing optimism that people will look to travel now after a year of restricted living.

Tourism is seen amongst the biggest beneficiaries of opening up economies as people break free after a year of staying home, a life forced on them by the pandemic.

Already, at places where people are allowed to travel and congregate, rentals have moved up as hordes move to unshackle themselves.

The online travel platform provides a gamut of services ranging from flight and hotel bookings to restaurant reservations.

The company is now preparing for the post-Covid world. Wednesday, it announced a tie-up with Reckitt Benckiser Group PLC (LON:RB) which will see the travel firm market the Lysol-maker’s solutions to its clients. The new Lysol partnership will be rolled out immediately in the U.S., with plans for it to be extended globally in the coming months.

Tuesday, the company said it will raise $300 million via convertible notes, due 2026, with an option for subscribers to purchase an additional $45 million within 13 days.

According to its own survey released last week, half of U.S. respondents are planning a trip this spring (March 1 through May 31).

TripAdvisor Gains On Hope for a Surge In Travel
 

Related Articles

2 Alternative Fuel Stocks to Buy for a Cleaner Future
2 Alternative Fuel Stocks to Buy for a Cleaner Future By StockNews - Oct 21, 2021

The alternative fuel sector is gaining traction worldwide, driven by government initiatives to address climate concerns. For instance, the Biden administration is working to revamp...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email