Travelzoo Local saw slight resurgence in November, says Benchmark Co. Benchmark Co. said its channel checks indicate Travelzoo's Local channel is experiencing a modest resurgence in November after weakness in October. However, the firm believes investors hoping for a meaningful turnaround are likely to remain disappointed and keeps a Hold rating on the stock.
News For TZOO From The Last 14 Days
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Travelzoo Q1 outlook more uncertain after announcement, says Ascendiant Ascendiant believes Travelzoo's announcement of new heads for its Search and Local businesses due to continued weakness in local voucher sales and lower search revenues adds uncertainty to its Q1 outlook. Ascendiant added that its checks indicate that Travelzoo’s Local Deals decreased 15% in Q1 and the firm maintains its Hold rating on the stock.