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TRIPBullishCorporate Developmentsnews
High materiality8/10

Starboard's Jeff Smith says TripAdvisor should consider selling its restaurant booking platform

Oct 21, 2025, 9:17 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Selling TheFork could streamline TRIP’s focus and improve operational efficiency, akin to past divestitures in tech that led to stock value increases.

AI summary

What happened, with direct paths to the underlying reporting

Starboard Value suggests TRIP sell its restaurant booking platform, TheFork. The recommendation may indicate strategic restructuring to enhance shareholder value.

  • Starboard Value suggests TRIP sell its restaurant booking platform, TheFork.
  • The recommendation may indicate strategic restructuring to enhance shareholder value.

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