Entering text into the input field will update the search result below

TripAdvisor skyrockets on Marriott hotel-booking partnership

Jun. 17, 2015 2:50 PM ETMarriott International, Inc. (MAR) StockBy: Eric Jhonsa, SA News Editor12 Comments
  • Marriott (NASDAQ:MAR +0.2%) is adding its hotel portfolio to TripAdvisor's (TRIP +14.5%) Instant Booking platform. The solution will allow TripAdvisor users to make bookings at Marriott's 4,200+ hotels without leaving its site/apps. Marriott/TripAdvisor also plan to take steps to "introduce new customers to Marriott's broad portfolio of 19 industry-leading brands."
  • The deal represents a major shot in the arm for Instant Booking, which was launched only 12 months ago. TripAdvisor is better known to many users for showing listings (via its metasearch platform) that can be booked on 3rd-party platforms such as Priceline and Expedia.
  • TripAdvisor has soared above $87 on the news.

Recommended For You

About MAR Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
MAR--
Marriott International, Inc.