Welcome to our dedicated page for TRAVELZOO news (Ticker: TZOO), a resource for investors and traders seeking the latest updates and insights on TRAVELZOO stock.
Travelzoo (NASDAQ: TZOO) presents itself as the club for travel enthusiasts and regularly publishes news about new Club Offers for its members. These news releases highlight rigorously vetted and negotiated travel and entertainment offers for Club Members in regions such as the United States, Canada and the United Kingdom. Each announcement showcases specific trips, hotel stays and experience-based packages that Travelzoo has arranged with its travel partners.
According to the company, Club Offers are built around the lifestyle of a modern travel enthusiast. Recent news items describe multi-night trips with flights, resort stays in destinations like the Caribbean, Cabo, Hawaii and the Maldives, city breaks in locations such as London and Brussels, and themed experiences including theatre packages and yacht sailing. Offers typically note the elements included in the package, the savings compared with regular or comparable prices and that inventory is limited and subject to availability.
Investors and travelers following TZOO news can use this page to see the kinds of offers Travelzoo is promoting and how it emphasizes its relationships with thousands of top travel companies. The news flow also reflects how the company positions its club model across North America and Europe, with separate releases tailored to members in different countries. By reviewing the sequence of announcements, readers can observe the range of destinations, trip formats and experiences that feature in Travelzoo’s communications to its Club Members.
For those tracking the brand, this news page provides a centralized view of Travelzoo’s public updates about Club Offers and illustrates how the company presents its role as a publisher of travel and entertainment offers for travel enthusiasts.
Travelzoo (NASDAQ: TZOO) has appointed Rhea Saran as its new Global Head of Brand and Content, based in London. Saran brings extensive experience in the travel and luxury lifestyle sectors, previously serving at Diriyah Gate Development Authority and as Founding Editor-in-Chief for Condé Nast Traveller Middle East. CEO Holger Bartel expressed excitement for Saran's role, emphasizing its importance for growth and value enhancement for members. Saran aims to evolve Travelzoo's brand for a stronger future.
Travelzoo (NASDAQ: TZOO) has announced the formation of its Metaverse division and the upcoming launch of Travelzoo META, a subscription-based service set to debut in April. This new offering will provide members access to exclusive Metaverse travel experiences, developed in collaboration with various creators. Travelzoo, which serves 30 million members, plans to fund this initiative through membership fees. The company's CEO, Holger Bartel, highlighted the potential of the Metaverse as a disruptive opportunity for innovative businesses. An investor conference call is scheduled for late April to discuss updates.
Travelzoo (NASDAQ: TZOO) announced on March 7, 2022, that it has acquired the Secret Escapes business unit in Spain, increasing its reach from 870,000 to 1.5 million travel enthusiasts. This acquisition nearly doubles its audience in the region and is expected to enhance advertising rates and operational efficiency. Travelzoo plans to offer exclusive deals and experiences for its global membership, leveraging its Barcelona team to source and negotiate high-quality offers from Spain, a popular destination for its members.
Travelzoo (NASDAQ: TZOO) has appointed Arveena Ahluwalia as Global Director of Premium Membership, tasked with launching the company’s new paid subscription product. Ms. Ahluwalia brings extensive experience from her roles at Evelyn & Bobbie, Freshly Inc., and Citi, among others, holding key positions in digital management and finance. Her educational background includes an MBA from Wharton and a Master’s from Stanford. CEO Holger Bartel expressed enthusiasm about her contributions, which aim to enhance exclusive offerings for Travelzoo’s 30 million members.
Travelzoo (NASDAQ: TZOO) reported Q4 2021 consolidated revenue of $14.1 million, a 13% increase year-over-year, but a 10% decline from the previous quarter. The company faced a non-GAAP operating loss of $2.1 million and an EPS of ($0.25). The North America segment revenue decreased by 3% to $8.6 million, while Europe surged by 77% to $4.8 million. Travelzoo aims for improved financial performance in 2022, despite the Omicron variant's impact. As of year-end 2021, it had 30.3 million members worldwide.
Travelzoo (NASDAQ: TZOO) has announced its upcoming conference call to discuss financial results for Q4 2021, scheduled for March 3, 2022, at 11:00 AM ET. The company will issue a press release detailing these results prior to market opening. Travelzoo, which serves 30 million members, collaborates with over 5,000 travel suppliers to provide exclusive offers and experiences. The live webcast of the call will be accessible via the company’s investor relations website.
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Travelzoo (NASDAQ: TZOO) reported consolidated revenue of $15.7 million for Q3 2021, marking a 14% increase year-over-year, though down 18% from the previous quarter. Earnings per share (EPS) reached $0.22, a recovery from a loss of ($0.10) in the same period last year. While North American revenue rose 6%, operating losses expanded to $918,000. In Europe, revenue surged 43%, achieving an operating profit of $600,000. Despite a challenging environment due to COVID-19, the company remains optimistic about Q4 profitability and recovering revenues.
Travelzoo (NASDAQ: TZOO) will host a conference call to discuss its Q3 2021 financial results on October 29, 2021, at 11:00 AM ET. A press release with the results will be issued before the market opens on the same day. Travelzoo provides exclusive offers and experiences to its 30 million members through partnerships with over 5,000 travel suppliers. The live webcast can be accessed at ir.travelzoo.com/events-presentations, with archives available within 24 hours.
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