I normally don’t write about US companies but TripAdvisor (TRIP) was too cheap to resist. TripAdvisor recently paid its first ever dividend, (USD3.50 special dividend) so there’s a chance the company could pay dividends in the future. TripAdvisor is currently one of the bigger positions in my portfolio.

TripAdvisor is a travel research platform which allows travelers to plan and book hotels, restaurants and experiences.  TripAdvisor aggregates demand through its huge collection of in-depth qualitative reviews – the app has 830 million reviews and 195 million candid photos. As a result, TripAdvisor is one of the most widely visited travel sites with 460 million average unique monthly visitors. On supply, TripAdvisor allows members to choose from 2.3 million hotels and vacation homes, 300,000 attractions/experiences and 5.1 million restaurant listings. As a platform, TripAdvisor doesn’t take any inventory risk and will get a cut out of any travel booking done on its platform.