Tag: Travel Services

Activist investor Starboard Value has built an over 9% stake in Tripadvisor increase after the online travel-review company eschewed takeover offers in the past year, according to people familiar with the matter.

WH Smith (SMWH.L), will receive less-than-expected cash from the sale of its UK high street business to Hobbycraft owner Modella Capital, it said on Monday, citing reduced cash flow due to softer trading and a cautious outlook.

Demand for foreign travel in China has reached its highest level in two years, the organisers of the ITB travel conference said on Tuesday citing a survey in which some 80% of respondents said they planned to travel abroad in the next 12 months.

Shares of Booking Holdings Inc.  soared into record territory Friday, after the travel and booking site calmed investor fears by reporting a big earnings beat and strong revenue growth, citing the continued strength and resiliency of overall travel demand.