Travelzoo (NASDAQ: TZOO) is a travel and entertainment deals company that publishes curated offers on flights, hotels, vacation packages, local experiences, and entertainment to a membership base of travel enthusiasts. Revenue comes from two streams: advertising and commerce fees charged to travel and entertainment advertisers, and membership subscription fees paid by Club Members. Advertising and commerce revenue was $78.4 million for FY2025, flat year over year, while membership fee revenue grew 144% to $13.2 million in FY2025 from $5.4 million in FY2024, driven by the paid membership model introduced on January 1, 2024. Total revenue was $91.7 million for FY2025, up from $83.9 million in FY2024. Travelzoo operates primarily in the United States, Germany, the United Kingdom, and France. The company also owns Jack's Flight Club, a flight deal subscription service, and has announced plans to include Metaverse travel experiences as a membership benefit in 2026. Travelzoo was listed on the NASDAQ Global Select Market and repurchased 911,529 shares during FY2025.

Revenue model

Dual revenue model: (1) advertising and commerce fees from travel and entertainment advertisers who pay to reach Travelzoo's membership base, generating $78.4 million in FY2025; (2) subscription membership fees from Club Members, generating $13.2 million in FY2025. Email distribution of deals to members drives a substantial portion of advertising revenue. Voucher sales for Local Deals and Getaways products generate transactional commerce revenue.

Products and services

Travelzoo Top 20 deals newsletter; Local Deals vouchers; Getaways vouchers with 14-day refund policy; Jack's Flight Club flight deal subscription service; Travelzoo Club Membership (paid subscription introduced January 1, 2024, with grandfathered free members through end of 2024); Metaverse travel experiences planned as a membership benefit in 2026.

Customers and end markets

Consumers are travel enthusiasts who subscribe as Club Members to receive curated travel, entertainment, and local deals via email and digital channels. Advertisers are travel and entertainment companies paying to reach this membership base. End markets include leisure travel, hotels, airlines, vacation packages, local entertainment, and restaurant experiences. Operations span the United States, Germany, the United Kingdom, and France.

Value-chain role

Travelzoo acts as a curated deals publisher and marketplace intermediary between travel and entertainment advertisers and a paying membership audience. For voucher products, Travelzoo acts as merchant of record. Distribution relies heavily on email delivery to members and publishing partnerships within the Travelzoo Network.

Geographic exposure

Primary markets are the United States, Germany, the United Kingdom, and France, as disclosed in the FY2025 10-K filed 2026-03-11.

Source: SEC 10-K, filed 2026-03-11

Industry: Services-Advertising Peers: ALPHA NETWORK ALLIANCE VENTURES INC. Alphabet Inc Mobivity Holdings Corp EverQuote Inc IZEA Worldwide Inc Liberty TripAdvisor Holdings, Inc. Teads Holding Co. Quality Industrial Corp Society Pass Inc TrueCar, Inc.