What astonishes me about both Yelp! and Trip Advisor is their complete inability to grow their share price, even with near-monopolies in Restaurants (Yelp!) and Hotels (TripAdvisor). Yelp! catalogs 205 Million reviews last year. 30 Million for Trip Advisor.
But even with such dominance, in the last 10 years, Yelp! is up about 38% and Trip Advisor is down 42%. What is it about their businesses that makes profitability growth so elusive?
But even with such dominance, in the last 10 years, Yelp! is up about 38% and Trip Advisor is down 42%. What is it about their businesses that makes profitability growth so elusive?