Published on Tuesday, November 15, 2016

Expedia confirms Trivago shares sale

Expedia Inc has filed with US regulators for an initial public offering (IPO) of shares in its hotel search platform Trivago.

The exact number of shares offered and price range have not been disclosed but It hopes to raise about $400 million.

The IPO will be fronted by Dutch-based company travel BV, which will act as the holding company for Trivago.

Expedia bought a 62% stake in Trivago for $531 million in 2012. The founders of the hotel booking site still own almost a third of the business, but they are believed to be keen to offload their stake during the IPO.

In a statement, Trivago said a portion of the shares would be sold by the company and the remainder by 'certain shareholders'.

Your Comments

, be the first to post a comment.
Your email:

Email other comments made to this story
Code Request a new picture 5 characters

NOTE: Comments are subject to admin approval before being posted.
Mole Poll
'Britain follows US and bans electronics from cabin baggage' Good or Bad move ?
Good 50.72 %
Bad 49.28 %

Thank you for your vote

Move scroll bar (above) left to right for more videos!

Sponsored features

It's upgrade time at

Recently, roomsXML has launched its new version of API, which brings significant upgrades to its already reliable API. By upgrading the API, clients now have the ability to search for multiple hotels of their choice in a single request. This allows them complete freedom to only search for hotels they wish to sell.