Attractions Were a Bright Spot in TripAdvisor’s Tough 2nd Quarter


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TripAdvisor took a beating in the second quarter, but its growing tours and activities sector is showing strength as the company tries to become all things to all travelers.

TripAdvisor's financials suffered considerably during the second quarter as the user review and booking site missed analysts' expectations on several fronts, but one area of its ever-expanding business is on the rise: tours and activities. TripAdvisor reported that hotel revenue decreased by 8 percent year-over-year to $316 million, yet "non-hotel" revenue increased by a notable 21 percent to $75 million due in part to its ramping up tours and activities through its Viator unit.