Record Numbers Sign up to Travelzoo as Austerity Britain Hunts for Deals

LONDON--()--Travelzoo (NASDAQ:TZOO), a global Internet media company, reported today that over 100,000 people signed up to its UK publications in the first 27 days of January — the fastest audience growth Travelzoo UK has seen. At the current rate, Travelzoo is on track to gain 125,000 new subscribers this month, 45,000 more than any previous month and 55,000 more than in January, 2010. Travelzoo now has over 2,275,000 subscribers across the UK, 580,000 more than this time last year, an increase of nearly 35%.

The acceleration in subscriber growth comes at the same time as the results of a new survey* revealed that 2 million Travelzoo subscribers across the UK are planning to book a holiday or short break in the next six months. Value for money is the most important factor in the holiday-purchasing decision this year: Two-thirds of respondents said that they would only book a holiday if they were offered a great deal or if the destination they were considering offered value for money.

Joel Brandon-Bravo, managing director of Travelzoo UK said, “More and more people across the UK are turning to Travelzoo, many through referral from friends, which reminds us that our focus on quality is the right one. We spend endless hours rigorously researching the market to uncover the best deals and then test book them continuously so our subscribers always have the best deals, a smooth booking process and no surprising extra costs. Keeping to consistently high quality standards week in and week out is extremely challenging. Seeing 100,000 people across the country sign up in just 27 days is incredibly motivating and tells us we have the right approach.”

As the rate of new subscribers increased in January, the Travelzoo Top 20® also saw record click volumes. In the second week of the year, the Top 20 received 924,247 clicks from subscribers, the first time the publication received more than 900,000 clicks.

The most popular deals so far in January include a £279 all-inclusive 5-star holiday to Turkey, and a 2-night stay with dinner and wine for two in a Yorkshire country-house hotel at £79.

In its end-of-year special Online Hits and Misses of 2010, the Daily Mail named Travelzoo Best Website for Deals in 2010.

*The Travelzoo subscriber survey was conducted online with no incentives between 13 and 16 January, 2011. 42,000 subscribers were invited to participate, 1459 responded, a return rate of 3.5%.

About Travelzoo

Travelzoo Inc. is a global Internet media company. With more than 21 million subscribers in North America, Europe, and Asia Pacific and 24 offices worldwide, Travelzoo® publishes deals from more than 2,000 travel and entertainment companies. Travelzoo's deal experts research, evaluate and test 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.

Contacts

Media Contact:
Louise Hodges
Travelzoo (Europe) Ltd
+44 20 7203 2026
lhodges@travelzoo.com

Release Summary

Travelzoo announces record subscriber growth in the UK as over two million subscribers search for great travel and entertainment deals.

Contacts

Media Contact:
Louise Hodges
Travelzoo (Europe) Ltd
+44 20 7203 2026
lhodges@travelzoo.com