travel zoo
Wednesday, March 30th, 2011Travelzoo (NASDAQ: TZOO) works with over 900 travel companies to find deals and deliver them to subscribers via its newsletters and its websites. [1]
Travelzoo keeps the search for travel deals tame. [2]
In November 2008, Travelzoo reached 14 million subscribers around the world. [3]
What he devised was a gimmick that became the subject of Internet newsgroups, chain e-mails, and media scrutiny: He offered to give away three shares of Travelzoo stock to anyone who submitted their first name and e-mail address. [2]
Since that time it has become a publically traded company on the NASDAQ National Market. [3]
This is a free email of the 20 deals of the week that Travelzoo’s producers deem the very best in terms of price and value. [1]
Subscribers do not actually book tickets on the Travelzoo site. [...] By all accounts, Bartel had nurtured a respectable little business, but the price of the stock was clearly not in keeping with the actual value of the company. [...] Travelzoo founder and chairman Ralph Bartel owns about 66% of the company’s shares. [2]
The company currently has 14 million people who get newsletters highlighting the details of vacation packages, hotel, flight, cruise, and car rental specials. [3]
Speculation and excessive short selling are cited for the extreme volatility in Travelzoo’s stock price, similar to what happened to many companies during the Internet bubble of the late 1990s and early 2000s. [...] In October 1998, Travelzoo’s founder, Ralph Bartel, launched Travelzoo.com with an initial investment of $10,000. [1]
Airlines, car rental companies, cruise lines, hotels, and travel agencies pay Travelzoo to publicize fares and promotions on its eponymous website, through its Travelzoo Top 20 newsletter, and across its Newsflash e-mail alert service. [2]
Bargain Hotel Offers for Any City and Date from 30+ Top Travel Sites! [3]
New York, NY, with other offices in Mountain View, CA, Chicago, IL, Miami, FL, Los Angeles, CA, San Francisco, CA, Las Vegas, NV and Toronto, Ontario in North America; London, England, Manchester, England, Barcelona, Spain, Paris, France, Munich, Germany and Hamburg, Germany in Europe; Hong Kong, Beijing, Shanghai, Taipei, Singapore and Tokyo in Asia and Sydney, Australia. [1]
Sources:
[1] Travelzoo - Wikipedia, the free encyclopedia
[2] Travelzoo Inc.: Information from Answers.com
[3] Travelzoo