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) delivers curated travel experiences and digital commerce solutions through its global network of travel partners. This news hub provides investors and industry observers with essential updates about the company's strategic initiatives, financial performance, and market position.
Access real-time announcements including quarterly earnings, partnership developments, and operational updates across Travelzoo's core segments: North American operations, European markets, Jack's Flight Club subscriptions, and Asia-Pacific licensing agreements. Each release is verified for accuracy and relevance to stakeholder interests.
The curated collection features updates on digital innovation in travel commerce, exclusive deal launches, and leadership decisions impacting the company's global footprint. Regular updates ensure comprehensive tracking of TZOO's unique position at the intersection of media publishing and travel technology.
Bookmark this page for streamlined access to official communications and third-party analyses. Combine our news feed with Travelzoo's SEC filings and investor relations materials for complete due diligence capabilities in the dynamic travel commerce sector.
Travelzoo (NASDAQ: TZOO) announced the appointment of Michèle Huiban as Chief Financial Officer (CFO). Huiban, a seasoned executive with a strong background in media and fashion, previously held leadership roles at Lanvin Group and Gaumont. Her experience is expected to enhance Travelzoo's financial strategy as the company anticipates accelerated growth. CEO Holger Bartel expressed enthusiasm for her joining, highlighting her ability to bring a new dimension to the team's financial leadership. Travelzoo connects 30 million members with exclusive travel and lifestyle offers.
On March 17, 2021, Travelzoo (NASDAQ: TZOO) corrected its financial results for Q4 2020. Consolidated revenue fell 51% year-over-year to $12.5 million, with a net income of $702,000 and EPS of $0.02. North America revenue decreased 45% to $8.9 million, while Europe saw a 71% decline to $2.7 million. Cash flow from operations was $9.2 million. A positive note includes the addition of over 2 million members in March 2021. Analysts expect a trend of revenue recovery with reduced operating expenses for Q1 2021.
Travelzoo (NASDAQ: TZOO) reported Q4 2020 consolidated revenue of $12.5 million, a 51% decline from $25.3 million year-over-year. Net income was $702,000 with an EPS of $0.02, down from $0.15 in the previous year. The North America segment revenue fell 45% to $8.9 million, while Europe saw a 71% plunge to $2.7 million. Travelzoo's cash position stood at $64.2 million. The company anticipates a recovery trend amidst lower operating expenses and added over 2 million new members in March 2021.
Travelzoo (NASDAQ: TZOO) announced a conference call to discuss its fourth-quarter financial results for 2020, set for March 17, 2021, at 11:00 AM ET. The company will release its results before the market opens on the same day. Investors can access a live webcast of the call via Travelzoo's investor relations page, where the archived version will be available within 24 hours. Travelzoo continues to provide its 30 million members with exclusive travel, entertainment, and lifestyle deals, partnering with over 5,000 travel suppliers globally.
Travelzoo (NASDAQ: TZOO) reported Q3 2020 consolidated revenue of $13.8 million, a 42% decline from $23.8 million year-over-year, despite a 97% increase from Q2 2020. The net loss was $1.2 million, with an EPS of ($0.10). Non-GAAP operating profit stood at $1.2 million. Cash position improved to $51.7 million. North America experienced a 40% revenue decrease, while Europe faced a 57% decline. The acquisition of Jack's Flight Club contributed $1.1 million in revenue. The company anticipates a close to break-even result for Q4.
Travelzoo (NASDAQ: TZOO) will host a conference call on October 21, 2020, at 11:00 AM ET to discuss its financial results for Q3 2020, ending September 30. A press release will be issued prior to the market opening on the same day. The conference call can be accessed via a live webcast at http://ir.travelzoo.com/events-presentations, which will be archived 24 hours post-call.
Travelzoo® (NASDAQ: TZOO) has been awarded the title of "Best Travel Deals Website" at the 2020 Silver Travel Awards, based on votes from 225,000 UK consumers. This represents a 60% increase in voter participation compared to the previous year. The award highlights Travelzoo's strong appeal among the lucrative 50+ age demographic, known for their higher disposable income and travel spending. In response to growing demand for flexible travel options, Travelzoo has seen a resurgence of compelling offers, further enhancing its attractiveness to consumers.
Travelzoo (NASDAQ: TZOO) has achieved the highest ranking for consumer satisfaction in Germany for the second consecutive year, as recognized by Focus Money. In a survey with over 48,000 participants, Travelzoo received the "BESTNOTE" in the travel deals category, surpassing 322 online platforms across various industries. This recognition reflects the company's dedication to curating appealing travel deals. General Manager Christian Smart expressed pride in the award, highlighting the team's commitment to enhancing customer experiences.
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