is a popular media company providing services to more than 28 million customers across the world. The company is based in New York City, New York.
The annual revenue of the company is more than US$ 150 million. Along with their headquarters, the company operates 20 branch offices in various countries across Europe, Asia Pacific, North America, & Europe.
They publish deals from over 2,000 travel as well as local companies globally. The company operates mobile applications for Android & iOS customers.
The company has given employment to over 250 experts who are involved in researching, negotiating, & checking out the best deals available for the customers. They trade publicly on the New York Stock Exchange as TZOO.
This media company was established about two decades ago in October 1998 by Ralph Bartel with an investment of US$ 10,000.
Within two years, the platform publishes its first top 20 that was emailed to more than one million members in the United States.
Each of these deals was approved by the deal experts of the company.
They started trading publicly on the New York Stock Exchange in December 2003.
Their publications were sent to more than 7 million members in April 2004. Over the past few years, they have acquired many organizations that include Travelzoo Asia Pacific.
What is its actual position in market?
The company has sold its Fly.com domain and is shuttering its search product.
With constant efforts, the company posted a 9 percent year-over-year decrease in revenue, down to $24.7 million and a net loss of $576,000 so they are looking for a change in plans as subscriber growth has leveled off in recent years, with 29.5 million members in the third quarter of 2017.
They are working to develop new technology tools that will allow them to better understand and target their members.
The company got listed as “Best Travel Deals Provider of 2018” in Spain at the La Razon Tourism Awards.