Operator Good morning, and welcome to Tripadvisor's Fourth Quarter and Full Year 2020 Earnings Conference Call. [Operator Instructions] At this time, I would like to turn the conference call over to Tripadvisor's Vice President of Investor Relations, Mr. Will Lyons. Please go ahead. Will Lyons -- Vice President-Investor Relations Thanks, Liz. Good morning, everyone, and welcome to our call. Joining me today is our CEO, Steve Kaufer and our CFO, Ernst Teunissen. Last night, after market close, we distributed and filed our fourth quarter and full year 2020 earnings release and made available our shareholder letter on our Investor Relations website. In the release, you will find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed on this call. On our IR site, you will find supplemental financial information, which includes reconciliations of certain non-GAAP financial measures discussed on this call as well as other metrics. Also, I'll note that comments regarding costs and cost saving levels referenced on this call do not consider depreciation, amortization, restructuring and other related reorganization costs or stock-based compensation.