Liberty TripAdvisor Holdings, Inc. (LTRPB) Bundle
A Brief History of Liberty TripAdvisor Holdings, Inc. (LTRPB)
Company Overview
Liberty TripAdvisor Holdings, Inc. (LTRPB) is a media and internet company focused on travel and related services. As of 2024, the company is traded on NASDAQ.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Revenue | $1.48 billion |
| Net Income | $142.3 million |
| Market Capitalization | $3.2 billion |
Ownership Structure
Liberty TripAdvisor Holdings maintains a complex ownership structure with multiple share classes.
- Series A Liberty TripAdvisor Holdings common stock
- Series B Liberty TripAdvisor Holdings common stock
- Series C Liberty TripAdvisor Holdings common stock
Key Business Segments
| Segment | Revenue Contribution |
|---|---|
| TripAdvisor Platform | 68% of total revenue |
| Viator | 22% of total revenue |
| Other Travel Platforms | 10% of total revenue |
Corporate Headquarters
Location: Needham, Massachusetts, United States
Stock Performance
| Stock Metric | 2024 Value |
|---|---|
| Current Stock Price (LTRPB) | $12.45 |
| 52-Week High | $16.78 |
| 52-Week Low | $9.22 |
A Who Owns Liberty TripAdvisor Holdings, Inc. (LTRPB)
Major Shareholders
As of 2024, Liberty TripAdvisor Holdings, Inc. (LTRPB) ownership is structured as follows:
| Shareholder | Percentage Ownership | Share Type |
|---|---|---|
| Liberty Media Corporation | 57.3% | Series A and Series B Shares |
| Institutional Investors | 29.7% | Common Stock |
| Management and Insiders | 4.5% | Restricted Stock Units |
| Public Float | 8.5% | Publicly Traded Shares |
Top Institutional Investors
- The Vanguard Group, Inc.: 8.2% ownership
- BlackRock Fund Advisors: 6.5% ownership
- State Street Corporation: 4.3% ownership
- Dimensional Fund Advisors LP: 3.1% ownership
Ownership Control Structure
Liberty Media Corporation maintains majority control through its significant voting rights and share ownership, effectively controlling the strategic direction of Liberty TripAdvisor Holdings.
Insider Ownership Details
| Executive | Position | Share Ownership |
|---|---|---|
| Gregory B. Maffei | President and CEO | 1.2% |
| Albert E. Rosenthaler | CFO | 0.5% |
Liberty TripAdvisor Holdings, Inc. (LTRPB) Mission Statement
Company Overview
Liberty TripAdvisor Holdings, Inc. (NASDAQ: LTRPB) is a global travel technology company with market capitalization of $1.42 billion as of January 2024.
Corporate Financial Metrics
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $1.63 billion |
| Net Income | $287.4 million |
| Total Assets | $3.21 billion |
Strategic Focus Areas
- Digital travel platform optimization
- Global user experience enhancement
- Technology-driven travel solutions
- Expansion of online travel marketplace
Key Performance Indicators
Monthly active users: 490 million
Total reviews and opinions: 1.2 billion
Operational Regions
| Region | Market Share |
|---|---|
| North America | 42% |
| Europe | 33% |
| Asia Pacific | 20% |
| Rest of World | 5% |
Technology Investment
R&D expenditure in 2023: $276 million
Competitive Positioning
Market leadership in online travel reviews and booking platforms
How Liberty TripAdvisor Holdings, Inc. (LTRPB) Works
Company Overview
Liberty TripAdvisor Holdings, Inc. (LTRPB) is a media and internet company focused on travel and related services. As of 2024, the company operates through multiple segments including TripAdvisor and Experiences & Dining.
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $1.43 billion |
| Net Income | $78.2 million |
| Operating Cash Flow | $236.5 million |
Business Segments
- TripAdvisor Platform
- Experiences & Dining Booking
- Hotel Metasearch
Technology Infrastructure
The company maintains a robust digital platform with over 490 million monthly active users across multiple travel-related websites and mobile applications.
Global Reach
| Region | User Base |
|---|---|
| North America | 42% of total users |
| Europe | 33% of total users |
| Asia Pacific | 20% of total users |
| Rest of World | 5% of total users |
Revenue Streams
- Advertising
- Booking Commissions
- Subscription Services
Technology Investments
Annual technology and product development expenditure: $312 million in 2023.
Market Position
Ranked among top 3 online travel platforms globally with market share of approximately 16%.
How Liberty TripAdvisor Holdings, Inc. (LTRPB) Makes Money
Revenue Streams
Liberty TripAdvisor Holdings generates revenue through multiple segments:
- Online Advertising
- Subscription-based Services
- Commission from Travel Bookings
Online Advertising Revenue
As of Q3 2023, TripAdvisor's advertising revenue was $268 million.
| Advertising Source | Annual Revenue |
|---|---|
| Display Advertising | $142 million |
| Sponsored Placements | $86 million |
| Targeted Marketing | $40 million |
Travel Booking Commissions
TripAdvisor earns commissions through its Experiences and Dining platform, generating approximately $112 million in 2023.
| Booking Category | Commission Percentage | Annual Revenue |
|---|---|---|
| Hotel Bookings | 3-5% | $65 million |
| Experience Bookings | 10-15% | $37 million |
| Restaurant Reservations | 2-3% | $10 million |
Subscription Services
TripAdvisor Business platform generates $44 million annually from subscription-based services.
- Business Listing Upgrades
- Analytics Tools
- Marketing Services
Financial Performance
2023 Total Revenue: $1.524 billion
| Financial Metric | Amount |
|---|---|
| Gross Profit | $842 million |
| Net Income | $156 million |
| Operating Margin | 12.3% |
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