Science & Technology
Science and Technology
Science and Technology
Tue, October 19, 2010
Mon, October 18, 2010
LONDON--([ BUSINESS WIRE ])--Travelzoo (NASDAQ: TZOO), a global Internet media company, today announced that over 70% of its 2 million subscribers across the UK are planning to take a short break, winter-ski or -sun holiday within the next twelve weeks, according to its recent online survey*. Of those who said they plan to travel, 65% have yet to book their trip but intend to do so in the coming weeks.
"Winter travel demand suffered tremendously during the economic uncertainty of the last few years. Confidence now seems to be improving and intent for winter travel among our subscribers is at its strongest for some time. This is good news for our advertisers and the UK travel industry as a whole."
These results indicate a continued trend in higher-than-expected holiday spending by Travelzoo subscribers this year. When asked in November 2009, only 23% of Travelzooa™s UK subscribers said they expected to spend over 999 per person on 2010 leisure travel. But as of October 2010, as many as 70% of Travelzoo subscribers said they had actually spent more than 999 per person on their holidays.
Joel Brandon-Bravo, managing director for Travelzoo UK said, aWinter travel demand suffered tremendously during the economic uncertainty of the last few years. Confidence now seems to be improving and intent for winter travel among our subscribers is at its strongest for some time. This is good news for our advertisers and the UK travel industry as a whole.a
Full details of the Travelzoo autumn survey are available on request.
Source: Travelzoo European subscriber survey, October 2010. 50,000 UK subscribers were asked at random, n=1600. The survey was completed online using QuestionPro software and no incentives were offered.
About Travelzoo
Travelzoo Inc. is a global Internet media company. With 21 million subscribers in North America, Europe, and Asia Pacific and 23 offices worldwide, Travelzoo® publishes deals from more than 2,000 travel and entertainment companies. Travelzoo's 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 aexpecta, apredicta, aprojecta, aanticipatea, abelievea, aestimatea, aintenda, aplana, aseeka 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.
