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Travel & Tourism industry news by Greek Travel Pages (gtp)

TripAdvisor Finalizes The Acquisition Of Viator

tripadvisor_viatorTravel site TripAdvisor recently announced that it has finalized the acquisition of Viator, a leading resource for researching and booking destination activities around the world.

Viator features more than 20,000 bookable tours and attractions and more than 600,000 reviews, photos and videos submitted by travelers.

“TripAdvisor’s scale combined with Viator’s strong network of global activities and attractions will allow us to help even more travelers plan and have the perfect trip,” said Stephen Kaufer, president and CEO of TripAdvisor.

Viator is TripAdvisor’s fourth acquisition in 2014, following lafourchette, Tripbod, and Vacation Home Rentals. The purchase price for the transaction is approximately $200 million, subject to adjustment, and will be payable substantially in the form of cash.

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