TripAdvisor CEO: Expedia once more bidding strongly

|About: TripAdvisor Inc. (TRIP)|By:, SA News Editor

In addition to making downbeat comments about TripAdvisor's (TRIP -8.5%) summer performance, CEO Steve Kaufer stated Expedia (EXPE -1%) is once more ramping its ad bidding activity on the site, following a Q2 slowdown.

Expedia took a conservative bidding approach on TripAdvisor in Q2, which in turn took a toll on sales and contributed to Priceline's (PCLN -1%) share gains.

Deutsche recently reported Expedia regained share from Priceline on TripAdvisor in July.