financeSkift··1 min·For: Owner, F&B, Investor, Marketing, IT
Tripadvisor Explores TheFork Sale and AI Data Deals
Tripadvisor is considering selling its European dining platform, TheFork, while seeking new growth by licensing its massive travel dataset to AI companies for LLM training.
Key Takeaways
- 1Evaluate potential divestment of TheFork dining platform to focus on core operations and liquidity.
- 2Leverage proprietary review and travel data through licensing deals with Large Language Model (LLM) developers.
- 3Address revenue volatility caused by regional travel disruptions in Mexico, Hawaii, and the Middle East conflict.
Source: Skift
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