TRAVELZOO

Travelzoo is a global internet media company that operates Travelzoo, Jack's Flight Club, and Travelzoo META. The company reaches 30 million travelers. Travelzoo offers Club Members, who pay a membership fee, access to Club Offers that are negotiated and vetted by deal experts worldwide. These offers come from relationships with thousands of top travel suppliers. Travelzoo engages a high-quality audience of travel enthusiasts across various digital platforms, including email, websites, social media, and mobile applications. The company has over 4.7 million social media followers on Facebook, Instagram, X, and WeChat, and its iOS and Android mobile applications have been downloaded 8.1 million times to date. Key products and services include the Travelzoo website (travelzoo.com), the Travelzoo iOS and Android apps, the Top 20 email newsletter, Standalone email newsletters, the Travelzoo Network, and Jack's Flight Club. The Travelzoo website and newsletters feature Local Deals and Getaways listings, enabling members to purchase vouchers for offers from local businesses such as spas, hotels, and restaurants. Jack's Flight Club is a subscription service providing members with information on exceptional airfares. Thousands of travel and local providers utilize Travelzoo's advertising and marketing services. The company generates revenue from advertising and commerce, membership fees, and other sources. Advertising revenue primarily includes: (a) advertising fees from travel companies for publishing offers on Travelzoo's media properties, (b) commissions and revenues from Getaways voucher sales and bookings on its hotel platform, and (c) publishing fees from local businesses, and sales of Local Deals vouchers and entertainment offers. Advertising revenues are typically recognized upon email delivery or clicks, as tracked by internal or third-party platforms. Revenue from vouchers is recognized upon sale, upon notification of direct booking amounts, or upon email delivery.