Goodwin attorneys recently advised TripAdvisor on its approximately $200 million purchase of Viator, a resource for researching and booking destination activities around the world. Additional terms were not disclosed.
TripAdvisor is the world’s largest travel site and offers advice from real travelers, as well as a variety of travel choices and planning features with seamless links to booking tools. Through its branded sites, TripAdvisor has nearly 280 million unique monthly visitors and more than 170 million reviews and opinions covering more than 4 million accommodations, restaurants and attractions. TripAdvisor is based in Newton, Mass. and trades on NASDAQ under ticker “TRIP.”
Viator is a provider of global tours and activities for travelers with 1,500 destinations worldwide. In addition, Viator providers tours and activities to more than 3,000 affiliate partners including some of the world’s top airlines, hotels and online travel agencies. The company was founded in 1995 and is based in San Francisco, Calif.
The Goodwin team advising TripAdvisor was led by partner John Egan and included associates Ian Engstrand and Jesse Nevarez (Corporate); partner Howard Cubell (Tax); partner Steven Feldstein (Labor & Employment); partner Joel Lehrer and associate Beth Withers (IPTS); and counsel Kirby Lewis (Antitrust).
For more information, please read the TripAdvisor press release.