In the three months ended December 31, 2019, the amount represents $13 million of tax expense related to the separation of the hotel business and $eight million of internet tax effects of the adjustments. In the twelve months ended December 31, 2019, the quantity represents $13 million of tax expense associated Travelling around the world to the separation of the resort business partially offset by $7 million of net tax results of the adjustments. Given latest acquisitions, we shall be reporting transactions as a key working metric for our Travel and Membership segment beginning in 2021.
Within the leisure travel market, tourism digitization plays a vital role. Revenues of Booking Holdings and the Expedia Group – the largest two on-line travel businesses worldwide – more than doubled between 2013 and 2019, whereas evaluating companies on travel review websites, similar to TripAdvisor, grew to become an essential part of the overall …read more >