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Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Summary of Segment Information

 

 

Three months ended March 31, 2021

 

 

 

Hotels, Media & Platform (1)

 

 

Experiences & Dining

 

 

Other

 

 

Corporate and

Unallocated

 

 

Total

 

 

 

(in millions)

 

Revenue

 

$

88

 

 

$

28

 

 

$

7

 

 

$

 

 

$

123

 

Adjusted EBITDA

 

 

(3

)

 

 

(24

)

 

 

1

 

 

 

 

 

 

(26

)

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(29

)

 

 

(29

)

Stock-based compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(29

)

 

 

(29

)

Operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(84

)

Other income (expense), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(12

)

Income (loss) before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(96

)

(Provision) benefit for income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

16

 

Net income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(80

)

 

 

 

Three months ended March 31, 2020

 

 

 

Hotels, Media & Platform (1)

 

 

Experiences & Dining

 

 

Other

 

 

Corporate and

Unallocated

 

 

Total

 

 

 

(in millions)

 

Revenue

 

$

169

 

 

$

83

 

 

$

26

 

 

$

 

 

$

278

 

Adjusted EBITDA

 

53

 

 

 

(19

)

 

 

6

 

 

 

 

 

 

40

 

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(32

)

 

 

(32

)

Stock-based compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(26

)

 

 

(26

)

Restructuring and other related reorganization costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(9

)

 

 

(9

)

Operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(27

)

Other income (expense), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(27

)

(Provision) benefit for income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11

 

Net income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(16

)

(1)

Includes allocated corporate general and administrative costs of $16 million and $18 million and Tripadvisor-branded advertising expenses (primarily television advertising) of $1 million and $4 million for the three months ended March 31, 2021 and 2020, respectively.