What Need Does It Serve?
Travelzoo, a global Internet media company, publishes travel and leisure deals to more than 28 million subscribers worldwide.
Has 2 Operating Segments-
1. Travel: Revenues are advertising revenues consisting primarily of listing fees paid by travel businesses (hotels, airlines, travel companies) to advertise their offers on Travelzoo's media properties.
2. Local Deals and Entertainment: Revenues are advertising revenues consisting of listing fees paid by entertainment and local businesses to advertise on Travelzoo. Merchant
agreements for Local Deals and Getaway advertisers are typically for twelve months and are not automatically renewed.
What Are The Alternatives?
Internet Portal sites: MSN, Yahoo!
Search Engines: Google and Bing
Travel Meta-Search Engines: Kayak (owned by Booking Holdings)
Online Travel Agencies:
Expedia, Booking Holdings, TripAdvisor
Vouchers for Deals from Local Business: Groupon, Gilt City
What Is The Basis of Competition?
It competes for advertising dollars with the companies listed above that offer listings or other advertising opportunities to travel, entertainment, and local business.