Travelzoo Surpasses 6 Million Subscribers in Europe
NEW YORK, April 23, 2012 /PRNewswire/ -- Travelzoo Inc. (NASDAQ: TZOO), a global Internet media company, today announced that it has surpassed 6 million subscribers in Europe. Travelzoo's European subscriber base now accounts for 24 percent of all subscribers to the Travelzoo brand. An additional 13 percent of subscribers to the Travelzoo brand are in Asia Pacific, where Travelzoo is independently owned and operated by Travelzoo (Asia) Ltd. and Travelzoo Japan K.K. under a license agreement with Travelzoo Inc. The remaining subscribers are in North America.
"We are thrilled to reach this new milestone in Europe," said Chris Loughlin , chief executive officer of Travelzoo. "The Travelzoo brand resonates among subscribers in many countries worldwide, because it stands for quality, simplicity and trust. We will continue to focus on these three brand attributes as we continue to scale."
Travelzoo publishes travel, entertainment and local deals in 11 countries worldwide. More than 250 Deal Experts research, evaluate and test deals each week, only publishing the very best to Travelzoo subscribers.
Travelzoo Inc. is a global Internet media company. With more than 25 million subscribers in North America, Europe, and Asia Pacific and 25 offices worldwide, Travelzoo® publishes deals from more than 2,000 travel, entertainment and local companies. Travelzoo Deal Experts review offers to find the best deals and confirm their true value. In Asia Pacific, Travelzoo is independently owned and operated by Travelzoo (Asia) Ltd. and Travelzoo Japan K.K. under a license agreement with Travelzoo Inc.
Certain statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations, prospects and intentions, markets in which we participate and other statements contained in this press release that are not historical facts. When used in this press release, the words "expect", "predict", "project", "anticipate", "believe", "estimate", "intend", "plan", "seek" and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including changes in our plans, objectives, expectations, prospects and intentions and other factors discussed in our filings with the SEC. We cannot guarantee any future levels of activity, performance or achievements. Travelzoo undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. Travelzoo and Top 20 are registered trademarks of Travelzoo. All other names are trademarks and/or registered trademarks of their respective owners.
Travelzoo, North America
SOURCE Travelzoo Inc.
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