Travelzoo CEO Discusses Q4 2011 Results - Earnings Call Transcript
Travelzoo Inc. ( TZOO ) Q4 2011 Earnings Conference Call January 26, 2012 11:00 AM ET
Operator
Good morning everyone and welcome to the Travelzoo fourth Quarter 2011 Financial Results Conference Call. At this time, all participants have been placed in a listen-only mode, and the floor will be open for questions following the presentation. Today’s call is being recorded.
It is now my pleasure to turn the floor over to your host, Chris Loughlin, Travelzoo’s Chief Executive Officer. Sir, you may begin.
Chris Loughlin
Thank you operator and good morning everybody. Thank you for joining us today for Travelzoo’s fourth quarter 2011 financial results conference call. I am Chris Loughlin, Chief Executive Officer. With me today is Glen Ceremony, the Company’s Chief Financial Officer. Glen will walk you through today’s format.
Glen Ceremony
Thank you Chris and good morning, everyone. Before we begin our presentation, we would like to remind you that all statements made during this conference call and presented in our slides that are not statements of historical facts constitute forward-looking statements, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results could vary materially from those contained in the forward-looking statements.
Factors that could cause actual results to differ materially from those in the forward-looking statements are described in our Forms 10-K and 10-Q, and other periodic filings with the SEC. Please note that this call is being webcast from our Investor Relations’ website at www.travelzoo.com/earnings.
Please refer to our website for important information, including our earnings release issued earlier this morning, along with the slides that accompany today’s prepared remarks. An archived recording of this conference call will be available on the Travelzoo Investors’ website at www.travelzoo.com/ir, beginning approximately 90 minutes after the conclusion of this call.
European Holiday Car Breakdown Insurance - News
By Chris Taylor | Published: 10 Feb 2012 15:25 Car rental drivers, eager to get away on holiday this half term, should be cautious about the treacherous conditions that are expected to affect road travel. Forecasters are predicting sub-zero
By Alanah Eriksen Ultimo boss Michelle Mone has revealed her success contributed to the breakdown of her 20-year marriage during a tearful interview. The 40-year-old, whose company turned over £10.3 million last year, says she would probably still be
Turning to slide 8, you will see the breakdown of revenue for our Europe segment. Europe travel is showing a 14 percent year-over-year growth which we expected a seasonally sequentially down fourth quarter but we believe the uncertainty and European
* Chinese consumer confidence strengthened in January for the second straight month, driven by the holiday season and stabilizing expectations for the economy, according to a consumer sentiment survey released by the Market News International on
An infant died in Messina in Sicily after the car he was in skidded off the road on sheets of water left by torrential rains which have swept the island. A 76-year-old pensioner in Parma died while out sweeping snow. Temperatures reached -2.6 degrees
Best Instructional Guide to European Car Breakdown Cover
If one is planning to take a long distance drive from let’s say Spain to France and end up in Italy, one’s biggest consideration aside from the necessary emergency tools is to get a good European car breakdown cover. Road traffic in some European cities is unpredictable. It is so much different twenty years ago. Breakdowns and accidents can happen at any time.
One’s foremost consideration in choosing the best breakdown cover is one’s individual need. The cost for a UK breakdown insurance is fairly reasonable; however, if you choose aimlessly, the price could inflate.
Some insurers also offer extensions to their policy. They have holiday car insurance which is best when one is traveling with passengers in delicate situation such as elders, very young children, expectant mothers or those that are undergoing special treatment.
European car insurance comes in two major types. One is a temporary cover which is designed to cater to European travelers who are there just for a short visit. For longer trips of up to 90 days, the comprehensive cover would be suitable. The latter may also be good for those who are planning for a short trip but will be going around different EU countries.
When shopping for vehicle breakdown coverage, compare the cost they charge for a comprehensive insurance. It differs per insurer and some would tack more for this type of cover. Car recovery in remote locations is expensive and this may be the reason why they have add-on fees. Also, right-hand drive vehicles stranded in a city dominated by left-handed automobiles may not have parts available for the replacement and may need repatriation. Repatriation is also a costly arrangement.
Other ways to save money on car breakdown cover is to shop well and hard. There are several review sites that will allow one to make the best comparison. Next, the car size also affects the cost of the cover. If there’s no need to drive a van, estate or range rover, then opt for smaller cars. Avoiding unnecessary requirement is the best principle to follow.