TripAdvisor, the user reviews and hotel metasearch website, released first quarter results on Wednesday.
In a report released prior to the earnings, veteran tech analyst Mark Mahaney of RBC Capital Markets said:
“In 2014, Expedia Inc. and Priceline Group are likely to constitute over 50% of TripAdvisor’s total revenue and over 70% of its click-based advertising revenue by the end of 2016.”
