STOCKS TELEGRAPH

Tag: Travelzoo

  • Travelzoo (TZOO) Trended Up Despite Insider Selling

    Travelzoo (TZOO) Trended Up Despite Insider Selling

    Travelzoo (NASDAQ: TZOO) experienced a notable uptick of 2.76% during the trading session on Friday, culminating the week with a closing stock price of $5.22. This increase occurred in the face of a significant insider selling their shares.

    According to a disclosure filed with the U.S. Securities and Exchange Commission (SEC), Azzurro Capital Inc, a 10% stakeholder in Travelzoo, decided to shed an additional 5,000 TZOO shares. This transaction was conducted at a per-share price of $5.19, yielding gross proceeds of $25,950. Despite this divestiture, Azzurro Capital Inc retained ownership of approximately 6.73 million Travelzoo shares.

    The relative stability of TZOO’s performance, accompanied by this modest upward trajectory, can be attributed to the company’s recent announcement of an innovative offering. Travelzoo unveiled “Travelzoo META,” an exclusive membership service tailored to provide pioneering Metaverse travel experiences. Travelzoo is currently extending invitations to its inaugural one million “Founding Members,” offering them the opportunity to venture into the uncharted territory of Metaverse travel.

    Travelzoo META’s primary objective is to transport its members to remote and enchanting destinations worldwide, including scaling the majestic peaks of Mount Everest or embarking on time-travel journeys to ancient Rome.

    A particularly fascinating facet of Travelzoo META is the creation of personalized, emotionally-driven “Travel Companions” in the form of Non-Fungible Tokens (NFTs). Each Founding Member will have the privilege of selecting their unique Travel Companion from an interactive gallery featuring one million distinct NFTs.

    Travelzoo META stands at the forefront of a novel era in travel, seamlessly blending technology, creativity, and innovation to offer its members immersive and unforgettable journeys within the Metaverse. Boasting an extensive community of nearly 30 million individuals, Travelzoo joins forces with more than 5,000 renowned providers in the global travel industry.

    Furthermore, Travelzoo has plans to unveil its financial outcomes for the third quarter, concluding on September 30, 2023, ahead of the market’s commencement on October 24, 2023. A subsequent teleconference will convene to deliberate upon these findings.

  • 9 Trending Stocks in Travel Services Industry That Can Be A Good Bets

    9 Trending Stocks in Travel Services Industry That Can Be A Good Bets

    The travel industry is the largest industry in the world and in today’s modern age this is the most important industry. The present-day global traveling industry is facing multiple challenges. To gain a competitive edge, the travel industry should focus on the new tech trends and provides its customers with a perfect and unique traveling experience.

    People value the unique experiences they get so the top priority of the travel industry is to focus on the customer’s priorities. Travelers are usually most concerned about budget. They preferred those companies that provide the best services at a low cost. As the travel industry is continuously adopting new trends and improve their offerings, people are more encouraged to travel more.

    Here are the top 9 leading companies in the travel industry which are following new trends:

    Carnival Corporation & plc (NYSE: CCL)

    Carnival Corporation & plc (NYSE: CCL) shares were trading down -6.66% at $14.29 at the time of writing on Monday. Carnival Corporation & plc (NYSE: CCL) share price went from a low point around $7.80 to briefly over $51.94 in the past 52 weeks, though shares have since pulled back to $14.29. CCL market cap has remained high, hitting $12.57B at the time of writing, giving it a price-to-sales ratio of more than 0.

    Carnival Corporation & Plc’s CCL Princess Cruises recently disclosed the sale of two of its ships including Sun Princess and Sea Princess. However, the company has not revealed the name of the buyer.
    If we look at the recent analyst rating CCL, HSBC Securities downgraded coverage on CCL shares with a Hold rating and a $15.65 price target, which implies room for 1.36% upside momentum this year.

    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)

    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) last closed at $14.99, in a 52-week range of $7.03 to $59.78. Analysts have a consensus price target of $16.96. Norwegian Cruise Line Holdings Ltd. (NCLH) has marked the passing of its founders, Knut Kloster, at the age of 91 on Sept. 20, 2020. In his honor the Company will dedicate a section of its yet-to-open terminal at PortMiami in Miami, Fla. and introduce an annual team member recognition award in memory of his humanitarian, environmentalist, and innovative spirit.

    Royal Caribbean Group (NYSE: RCL)

    Royal Caribbean Group (NYSE: RCL) stock drop by -7.24% to $60.71. The most recent rating by SunTrust, on July 14, 2020, is at a Hold. Royal Caribbean Group (RCL) has earlier set a panel which has submitted a report to the U.S. Centers for Disease Control and Prevention (CDC) detailing health and safety protocols. The Royal Caribbean is expecting to set sail again after a long halt due to the COVID-19 pandemic.

    TripAdvisor Inc. (NASDAQ: TRIP)

    TripAdvisor Inc. (NASDAQ: TRIP) shares headed falling, lower as much as -6.17%. The most recent rating by BTIG Research, on June 11, 2020, is at a Neutral. TripAdvisor Inc. has launched Tripadvisor Navigator which is a proprietary first-party data platform delivering audience targeting, insights, and performance reporting. This company has a total market capitalization of $2.66 billion at the time of writing.

    Expedia Group Inc. (NASDAQ: EXPE)

    Expedia Group Inc. (NASDAQ: EXPE) fall -2.68% after losing more than -$2.51 on Monday. Expedia Group Inc. (EXPE) has launched the new versions of the Brand Expedia, Hotwire and Vrbo iOS apps to take advantage of the capabilities available in iOS 14. The features will unlock new ways to view the latest travel deals with Hotwire, and easily access upcoming reservation details booked through Brand Expedia and Vrbo.

    Travelzoo (NASDAQ: TZOO)

    Travelzoo (NASDAQ: TZOO) last closed at $6.38, in a 52-week range of $3.04 to $12.40. Analysts have a consensus price target of $11.25. Travelzoo (TZOO) has moved up 110.18% from its 52-weeks low and moved down -48.45% from its 52-weeks high. This company market capitalization has remained high, hitting $76.62 million at the time of writing.

    Booking Holdings Inc. (NASDAQ: BKNG)

    Booking Holdings Inc. (NASDAQ: BKNG) stock drop by -4.61% to $1652.39. The most recent rating by JMP Securities, on August 10, 2020, is at an Mkt outperform. Booking Holdings Inc. (BKNG) share price went from a low point around $1107.29 to briefly over $2094.00 in the past 52 weeks, though shares have since pulled back to $1640.37. Booking Holdings Inc. market cap has remained high, hitting $69.81 B at the time of writing,

    Lindblad Expeditions Holdings Inc. (NASDAQ: LIND)

    Lindblad Expeditions Holdings Inc. (NASDAQ: LIND) shares headed falling, lower as much as -8.55%. The most recent rating by Sidoti, on April 13, 2020, is at a Neutral. Lindblad Expeditions Holdings Inc. (LIND) share price went from a low point around $3.01 to briefly over $18.34 in the past 52 weeks, though shares have since pulled back to $9.28. Lindblad Expeditions Holdings Inc.’s market cap has remained high, hitting $472.39 Million at the time of writing.

    Monaker Group Inc. (NASDAQ: MKGI)

    Monaker Group Inc. (NASDAQ: MKGI) fall -4.31% after losing more than -$0.1 on Monday. Monaker Group Inc. (MKGI) shares have fluctuated between the low range of $0.61 and a high range of $3.35 in the past 52-weeks. This company market cap has remained high, hitting $31.68 million.