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Segment Reporting and Significant Customer Information
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segments Reporting and Significant Customer Information Segment Reporting and Significant Customer Information
The Company determines its reportable segments based upon the Companys chief operating decision maker managing the performance of the business. Historically, the Company managed its business geographically and operated in three reportable segments including Asia Pacific, Europe and North America. During the nine months ended September 30, 2021, the Company classified the results of its Asia Pacific segment as discontinued operations in its condensed consolidated financial statements for current and prior periods presented. On January 13, 2020, Travelzoo agreed to the SPA with the Sellers of Jack’s Flight Club to purchase 60% of the Shares. Upon acquisition, the Companys chief operating decision maker reviewed and evaluated Jacks Flight Club as a separate segment. The Company currently has three reportable operating segments: Travelzoo North America, Travelzoo Europe and Jack’s Flight Club. Travelzoo North America consists of the Company’s operations in Canada and the U.S. Travelzoo Europe consists of the Company’s operations in France, Germany, Spain, and the U.K. Jack’s Flight Club consists of subscription revenue from premium members to access and receive flight deals from Jack’s Flight Club via email or via Android or Apple mobile applications.
Management relies on an internal management reporting process that provides revenue and segment operating profit (loss) for making financial decisions and allocating resources. Management believes that segment revenues and operating profit (loss) are appropriate measures of evaluating the operational performance of the Company’s segments.
The following is a summary of operating results by business segment (in thousands):
Three Months Ended September 30, 2021Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$9,527 $5,365 $796 $— $15,688 
Intersegment revenues (expenses)136 (136)— — — 
Total net revenues9,663 5,229 796 — 15,688 
Operating profit (loss)$(918)$600 $57 $— $(261)
Three Months Ended September 30, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$9,002 $3,798 $987 $— $13,787 
Intersegment revenues (expenses)141 (141)— — — 
Total net revenues9,143 3,657 987 — 13,787 
Operating profit (loss)$(696)$(757)$250 $— $(1,203)
Nine Months Ended September 30, 2021Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$33,005 $13,503 $2,543 $— $49,051 
Intersegment revenues (expenses)462 (462)— — — 
Total net revenues33,467 13,041 2,543 — 49,051 
Operating profit (loss)$2,654 $(323)$117 $— $2,448 
Nine Months Ended September 30, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight Club EliminationConsolidated
Revenues from unaffiliated customers$25,805 $12,706 $2,615 $(8)$41,118 
Intersegment revenues (expenses)237 (245)— — 
Total net revenues26,042 12,461 2,615 — 41,118 
Operating loss$(6,374)$(3,781)$(3,013)$(8)$(13,176)

Property and equipment are attributed to the geographic region in which the assets are located. Revenues from unaffiliated customers excludes intersegment revenues and represents revenue with parties unaffiliated with the Company and its wholly owned subsidiaries.

The following is a summary of assets by business segment (in thousands):
As of September 30, 2021Travelzoo North
America
Travelzoo EuropeJack’s Flight ClubEliminationConsolidated
Long-lived assets$685 $109 $— $— $794 
Total assets excluding discontinued operations$140,116 $34,754 $6,468 $(64,531)$116,807 
As of December 31, 2020Travelzoo North
America
Travelzoo EuropeJack’s Flight ClubEliminationConsolidated
Long-lived assets$1,123 $224 $— $— $1,347 
Total assets excluding discontinued operations$138,020 $31,659 $5,796 $(73,305)$102,170 
For the nine months ended September 30, 2021 and 2020, the Company did not have any customers that accounted for 10% or more of revenue. As of September 30, 2021 and December 31, 2020, the Company did not have any customers that accounted for 10% or more of accounts receivable.
The following table sets forth the breakdown of revenues (in thousands) by category and segment. Travel revenue includes travel publications (Top 20, Travelzoo website, Newsflash, Travelzoo Network), Getaways vouchers, hotel platform and vacation packages. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings). 
Three Months EndedNine Months Ended
 September 30,September 30,
 2021202020212020
Travelzoo North America
Travel$9,078 $8,706 $31,141 $23,772 
Local585 437 2,326 2,270 
Total Travelzoo North America revenues9,663 9,143 33,467 26,042 
Travelzoo Europe
Travel4,772 3,449 11,796 11,442 
Local457 208 1,245 1,019 
Total Travelzoo Europe revenues5,229 3,657 13,041 12,461 
Jack’s Flight Club
796 987 2,543 2,615 
Consolidated
Travelzoo Travel13,850 12,155 42,937 35,214 
Travelzoo Local1,042 645 3,571 3,289 
Jack’s Flight Club
796 987 2,543 2,615 
Total revenues$15,688 $13,787 $49,051 $41,118 
Revenue by geography is based on the billing address of the advertiser. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned. The following table sets forth revenue for countries that exceed 10% of total revenue (in thousands):
Three Months EndedNine Months Ended
September 30,September 30,
 2021202020212020
Revenue
United States $8,607 $8,345 $31,042 $23,753 
United Kingdom4,218 3,095 9,325 10,189 
Germany1,390 1,386 4,287 4,148 
Rest of the world1,473 961 4,397 3,028 
Total revenues$15,688 $13,787 $49,051 $41,118 

The following table sets forth property and equipment by geographic area (in thousands):  
 September 30,December 31,
 20212020
United States $522 $912 
Rest of the world 272 435 
Total long-lived assets$794 $1,347