Nov. 10 at 2:51 PM
$TRIP Viator possible spin off Conservative scenario
2.5×EV/Revenue
12×EV/EBITDA
≈
$1.5 billion
Likely standalone valuation:
$2.0 – 2.5 billion USD
(consistent with BTIG, Palliser Capital, and independent “sum-of-the-parts” analyses)
Upside potential: could exceed
$3 billion if Viator gains traction as a pure-play “experiences” platform with sustained growth and profitability.