You know, even in March and into April, as demand shifted from maybe long-haul cross-regional corridors into domestic and intra-regional corridors, which was more resilient, we saw, you know, booking windows contracting, length of stay dipping a bit. But the U.S. traveler has been the most resilient on a relative basis really across the board. And so we're watching what happens with long haul travel, how domestic share increases. And of course, we've got great supply as domestic is more of a priority.

May 7, 2026 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2026-05-07 | transcript a2d614fc-1315-44a5-a0b0-d6c793cdb35b | chars 27707-28213 | segment 28

We think there'll be lower barriers to adoption in those source markets where travelers already know and use TripAdvisor. And we think that it signals sort of a reliability, which is critical for the emerging category. And in Europe alone, we have 70% brand awareness And it's relatively unmonetized today. So by focusing TripAdvisor on experiences, we have many, many times more visitors to go take advantage of than others.

Nov 6, 2025 / receipt, needs a key / Mike, CEO | earnings call 2025-11-06 | transcript a65893fb-2484-47e0-b2f5-8a5003b1c755 | chars 38742-39167 | segment 38

And, you know, I think between navigation, onboarding flow, the way we're conceiving of the home screen to be highly contextualized, and then, of course, being AI native so that, you know, the AI review summaries come to the surface, that there's an AI trip builder that's integrated in the onboarding workflow. And, of course, our AI travel assistant coming into the app for a more intuitive experience, All of this we think can work together to have a meaningful impact.

Aug 7, 2025 / receipt, needs a key / Mike, CEO | earnings call 2025-08-07 | transcript 1a4bd109-3fcc-4f4c-b012-e68a3500ed33 | chars 30767-31239 | segment 31

We're targeting high intent travelers delivering an improved user experience for them and converting them to bookers. We continue to make tangible gains that remove friction to the shopping experience and drive more travelers to stay, try, and buy.

Aug 7, 2025 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2025-08-07 | transcript 1a4bd109-3fcc-4f4c-b012-e68a3500ed33 | chars 7860-8108 | segment 8

As we've transitioned this business over the last two years, we've invested prudently to deliver a steady cadence of product improvements to engage our highest-value travelers.

Aug 7, 2025 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2025-08-07 | transcript 1a4bd109-3fcc-4f4c-b012-e68a3500ed33 | chars 10893-11069 | segment 11

As I discussed earlier, We are accelerating the operational coordination in our experiences offerings across Viator and Brand Trip Advisor. While these brands serve very different travelers and at very different moments in the traveler journey, we are thinking much more holistically about how we leverage product, supply, and marketing investments across both brands to better optimize growth, profitability, and market share in our core as well as new markets.

Aug 7, 2025 / receipt, needs a key / Mike Noonan, CFO | earnings call 2025-08-07 | transcript 1a4bd109-3fcc-4f4c-b012-e68a3500ed33 | chars 21238-21700 | segment 21

For example, the US share of international travel from certain source markets is down, particularly from Canada, and our share of domestic travel across regions is up.

May 7, 2025 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2025-05-07 | transcript 7d37372f-6421-4405-994e-68105c4de11d | chars 13327-13494 | segment 13

We've made significant progress in our segment strategies and on our group-wide collaboration, and we're looking forward to the opportunities ahead as we continue to build out our position across experiences and travel, and we'll see you at the next update.

May 7, 2025 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2025-05-07 | transcript 7d37372f-6421-4405-994e-68105c4de11d | chars 55084-55341 | segment 56

Consumers have largely defended discretionary spending in categories like travel, and especially experiences. Travel sentiment remains positive, with travelers continuing to plan leisure summer travel and putting experiences at the heart of their budgets.

May 7, 2025 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2025-05-07 | transcript 7d37372f-6421-4405-994e-68105c4de11d | chars 13609-13864 | segment 13

Across the group, our vision is to be the most trusted source for travel and experiences, and we've been steadily executing a strategy to diversify our portfolio, optimize our legacy offerings, and shift our mix to our growth marketplaces.

May 7, 2025 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2025-05-07 | transcript 7d37372f-6421-4405-994e-68105c4de11d | chars 2413-2652 | segment 2

We see a number of opportunities ahead where we believe we're uniquely positioned to drive meaningful value, including scaling our marketplaces, starting with experiences, where we'll accelerate our momentum as a holistic global platform, delivering on our travel guidance strategy by leaning into our trusted brand, authentic content, high-intent audiences, and data to stabilize our hotel category. extending our leadership position in the dynamic European dining market, leveraging our unique assets to establish ourselves as the premier AI-driven personalized recommendation platform across all categories for any destination, and a capital return framework that delivers ongoing value for our shareholders.

May 7, 2025 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2025-05-07 | transcript 7d37372f-6421-4405-994e-68105c4de11d | chars 2653-3364 | segment 2

Our market position is strong. Booked experiences grew 15%, and revenue grew 10% or approximately 12% in constant currency to 156 million. The adjusted EBITDA loss of 18 million represented an eight-point improvement in margin. These financial results were driven by strong operational execution that drove higher conversion, increased marketing efficiencies, and a larger, more relevant supply base for travelers.

May 7, 2025 / receipt, needs a key / Matt Goldberg, CEO | earnings call 2025-05-07 | transcript 7d37372f-6421-4405-994e-68105c4de11d | chars 4349-4763 | segment 4

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