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Segment Reporting and Significant Customer Information
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Reporting and Significant Customer Information Segment Reporting and Significant Customer Information
The Company determines its reportable segments based upon the Company's 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 year ended December 31, 2021, the Company classified the results of its Asia Pacific segment as discontinued operations in its consolidated financial statements for current and prior years 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 Company's chief operating decision maker reviewed and evaluated Jack's 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 and assets by business segment (in thousands):
Year Ended December 31, 2021Travelzoo North AmericaTravelzoo EuropeJack's Flight ClubEliminationConsolidated
Revenues from unaffiliated customers$41,683 $17,683 $3,346 $— $62,712 
Intersegment revenues363 (363)— — — 
Total net revenues$42,046 $17,320 $3,346 $— $62,712 
Operating income (loss)$550 $(1,997)$134 $— $(1,313)
  
Year Ended December 31, 2020Travelzoo North AmericaTravelzoo EuropeJack's Flight ClubEliminationConsolidated
Revenues from unaffiliated customers$34,663 $15,409 $3,537 $(8)$53,601 
Intersegment revenues249 (257)— — 
Total net revenues$34,912 $15,152 $3,537 $— $53,601 
Operating income (loss)$(5,056)$(6,195)$(2,814)$(8)$(14,073)
As of December 31, 2021Travelzoo North AmericaTravelzoo EuropeJack's Flight ClubEliminationConsolidated
Long-lived assets$573 $86 $— $— $659 
Total assets$116,700 $28,167 $18,436 $(63,647)$99,656 
 
As of December 31, 2020Travelzoo North AmericaTravelzoo EuropeJack's Flight ClubEliminationConsolidated
Long-lived assets$1,123 $224 $— $— $1,347 
Total assets$126,020 $31,659 $17,796 $(73,305)$102,170 

Revenue for each segment is recognized based on the customer location within a designated geographic region. Property and equipment are attributed to the geographic region in which the assets are located.
For the years ended December 31, 2021 and 2020, the Company did not have any customers that accounted for 10% or more of revenue. As of December 31, 2021 and 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).
Year Ended December 31,
 20212020
Travelzoo North America
Travel$38,834 $32,042 
Local3,212 2,870 
Total Travelzoo North America revenues42,046 34,912 
Travelzoo Europe
Travel15,178 13,826 
Local2,142 1,326 
Total Travelzoo Europe revenues17,320 15,152 
Jack's Flight Club3,346 3,537 
Travel54,012 45,868 
Local5,354 4,196 
Jack's Flight Club3,346 3,537 
Total revenues$62,712 $53,601 
    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 individual countries that were 10% or more of total revenue (in thousands):
Year Ended December 31,
 20212020
Revenue
United States $38,489 $31,854 
United Kingdom13,473 12,832 
Germany5,148 4,853 
Rest of the world5,602 4,062 
Total revenues$62,712 $53,601 
The following table sets forth long lived assets by geographic area (in thousands):  
 December 31,
 20212020
United States $409 $912 
Rest of the world 250 435 
Total long lived assets$659 $1,347