Travelzoo Will Benefit from its Hotel Business as Search and Local Deals Suffer |
| July 17, 2014 | July 2014 Bond Updates |
|
Search revenues slumped by over 25% to $4.8 million as the company's investments into its new hotel booking platform had to be balanced by reducing the search marketing spend. On the other hand, local deals revenue decreased 21% to $6.9 million due to a decline in the number of deal vouchers sold. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/07/16/travelzoo-will-benefit-from-its-hotel-business-as-search-and-local-deals-suffer/ |
| Related News |
|