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Non-Hotel Segment Helped TripAdvisor’s Q3 Revenue Growth

Non-Hotel Segment Helped TripAdvisor’s Q3 Revenue Growth

TripAdvisor’s (TRIP) third-quarter revenues grew 4% YoY (year-over-year) to $458 million. The YoY growth was mainly driven by the Non-Hotel segment’s strong performance, which more than offset the Hotel segment’s dismal performance. Hotel revenues, which account for ~67% of TripAdvisor’s revenues, declined 2% YoY to $305 million.