Travelzoo
Public | |
Traded as | NASDAQ: TZOO |
Industry | Internet media |
Founded | May 1998 in Mountain View, California, U.S. |
Headquarters | New York City, with other offices in Mountain View, California, Austin, Texas, Chicago, Miami, Los Angeles, San Francisco, Toronto and Vancouver in North America; London, Manchester, Barcelona, Paris, Berlin, Munich and Hamburg in Europe; Hong Kong, Beijing, Shanghai, Taipei, Singapore, Tokyo and Sydney in Asia Pacific. |
Key people |
Ralph Bartel, Ph.D., founder and Chief Talent Officer Holger Bartel, Executive Chairman and acting CEO(from 2016) Christopher Loughlin, CEO (until end of 2015) Glen Ceremony, CFO Honnus Cheung, CFO, Asia Pacific Jason Yap, CEO, Asia Pacific |
Products | Top 20, Newsflash, Supersearch, Fly.com, Travelzoo Local Deals. |
Revenue | $150 million USD |
Number of employees | More than 350 employees worldwide |
Website |
www |
Travelzoo is a global Internet media company. With 28 million members in North America, Europe, and Asia Pacific and 26 offices worldwide, Travelzoo publishes deals from more than 2,000 travel, entertainment and local businesses such as restaurants and spas. Travelzoo is the largest publisher of travel, entertainment and local deals.
Travelzoo employs more than 250 "Deal Experts" worldwide who research, evaluate, negotiate and test offers to find and confirm the best deals. Travelzoo Deal Experts are ex-journalists and researchers. Each deal published by Travelzoo is tested for accuracy, availability and overall ease of the booking process.
Companies pay to advertise their deals with Travelzoo, but only those approved by Travelzoo are listed.
In October 2015, Travelzoo’s CEO Chris Loughlin announced he would step down by the end of the year, to be succeeded temporarily by chairman Holger Bartel.[1]
History
In October 1998, Travelzoo founder Ralph Bartel, a former print and television journalist, launched Travelzoo.com with an initial investment of $10,000. In September 2000, Travelzoo published its first Top 20 and e-mailed one million U.S. members. All deals were researched, evaluated and tested by Travelzoo Deal Experts. In December 2003, Travelzoo became publicly traded on the NASDAQ SmallCap Market under the ticker symbol "TZOO".
In April 2004, Travelzoo Inc. announced that the Company's publications had reached over 7.0 million members, a 75% increase over the 4.0 million members Travelzoo counted in April 2003.[2]
On March 31, 2006, Travelzoo Inc. announced that Forbes.com rated the Travelzoo Web site as one of the best Web sites for travel-related information and travel deals.[3]
Travelzoo acquired Travelzoo Asia Pacific in 2015 to take advantage of the region's increased travel growth.[4]
References
- ↑ "Travelzoo CEO Steps Down and Chairman Assumes Role". Skift. 1 October 2015.
- ↑ "Travelzoo Surpasses 7 Million Subscribers" (PDF).
- ↑ "Forbes.com Names Travelzoo(R) One of Best Web Sites for Travel".
- ↑ http://files.shareholder.com/downloads/TZOO/1155591155x0x847846/CE5D6A46-E54D-42F0-8933-32759BCF336C/8-26-15-A.PDF