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Home/News Feed/TripAdvisor sells TheFork to American Express for $700M, boosting capital return plans.
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TripAdvisor sells TheFork to American Express for $700M, boosting capital return plans.

Company Fundamentals
15 Jun 2026
Lekha Gupta
View Source
Bullish
pluang ai news

TripAdvisor has agreed to sell its European restaurant reservation platform, TheFork, to American Express for $700 million in cash. TheFork generated $232 million in revenue and $28 million in adjusted EBITDA in the past year. This sale supports TripAdvisor's strategy to focus on its Experiences segment and provides financial flexibility for share buybacks, debt reduction, or growth investments. The deal is expected to close by the end of 2026, with limited tax impact anticipated.

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