Industry: Internet Content & Information

Sector: Communication Services

Liberty TripAdvisor Holdings, Inc., through its subsidiaries, operates a travel guidance platform that connects people and audience with travel partners. The company operates through three segments: Tripadvisor Core, Viator, and TheFork. It offers an online platform that provides content, travel guidance products and services, and two-sided marketplaces for travelers to discover, generate, and share authentic user-generated content in the form of ratings and reviews for destinations, points-of-interest, experiences, accommodations, restaurants, cruises, and other travel categories, including alternative accommodations, flights, and rental cars in approximately 40 countries and 20 languages worldwide. The company also provides click-based, display-based, and subscription-based advertising services. In addition, it operates Viator, an online marketplace that includes website, mobile web, and mobile app, which allows travelers to research and book tours, activities, and attractions in travel destinations worldwide; and TheFork, an online restaurant reservations platform that offers information and services for consumers to research and book restaurants. The company was incorporated in 2013 and is headquartered in Englewood, Colorado.

Liberty Tri is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.