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Why choose Travelzoo for Vacation arrangement
Posted: Oct 06, 2018
Introduction of Travelzoo
Looking for some best deals on travel vacations then Travelzoo makes your day. It is a publicly operated internet company of America that is well known for publishing out travel related information on their website including more than 2,000 travel, entertainment and local businesses.
The company is headquartered in New York City and has generated the revenue of $150 million USD as per recent report.
When was it started?
It was an initiative of former print and television journalist, Ralph Bartel who in 1998 decided to launch a website named Travelzoo.com with initial investment of $10,000. They started the work by posting up travel related information and travel deals with around one million U.S. members those of which gradually got raised to 7 million in 2004.
Now the company is having 25 offices and more than 28 million members in Europe, Asia Pacific and North America. Also currently they are employing over 350 employees at a time across the world.
Why they are so popular?
The popularity can be rated from their outstanding, value-driven offers that they publish by including more than 2,000 travel, entertainment and local companies. They count their strength for work to be the passion about inspiring people to get off the couch and explore the world. They matter and place their members on first position showing out values, quality, integrity and transparency.
They are simply called as a company with 20 years of experience on list but stick close to their goal in any circumstances having a mission to be the world’s most trusted publisher of travel, entertainment and local content thus volunteering together from serving meals at local soup kitchen to building a computer lab at an orphanage in Malawi.
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 change in plans as subscriber growth has levelled 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 its member.
Recent achievement
The company got listed as "Best Travel Deals Provider of 2018" in Spain at the La Razon Tourism Awards.
I am a blogger, also interesting in travelling. wants to know more new things about places and interesting facts.