more Online Travel Update: Airbnb’s blockbuster IPO arrives with $100 billion valuation; Expedia dismisses launch of Google’s Travel ...

and would still be controlled by Expedia after the IPO. And two online travel agencies — rivals of one another — accounted for 78 percent of Trivago’s revenue in the first nine months of 2016.

The premium valuation paid by Ctrip is well-timed for Expedia’s pending Trivago IPO. Ctrip’s acquisition of Skyscanner for £1.4 billion amounts to approximately 9x forward revenue assuming ...