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TripAdvisor Spent $34.8 Million on 6 Acquisitions in 2013

Dennis Schaal photo
Dennis Schaal

Photo Credit: A realistic photo by Oyster.com of the Hard Rock Hotel & Casino Punta Cana in the Dominican Republic. TripAdvisor acquired Oyster.com in October 2013. PlaceIt by Breezi/Oyster.com

Skift Take

TripAdvisor has plenty of cash on hand, but if it is true to historical form, it will likely be seeking to continue making smallish acquisitions of struggling travel startups, such as it did with Oyster.com, on the cheap in 2014.

TripAdvisor spent $34.8 million net of cash obtained on six acquisitions in 2013, its busiest year in terms of money spent since 2010 when it was still part of Expedia Inc. Julie Bradley, TripAdvisor's CFO, revealed the number February 11 during TripAdvisor's fourth quarter earnings call, and it was also disclosed in TripAdvisor's annual report filed the same day. TripAdvisor had previously indicated in a financial filing last year that it spent $31.6 million for the five acquisitions it ma

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