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Segment Reporting and Significant Customer Information
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segments 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 three months ended March 31, 2020, 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 Company’s chief operating decision maker reviewed and evaluated Jack’s Flight Club as a separate segment. In 2020, Travelzoo entered into royalty-bearing licensing agreements with local licensees for Australia, Japan, New Zealand, and Singapore. Travelzoo granted licensees the exclusive use of Travelzoo’s brand, but continuously own the existing members as the licensor. In March 2022, the Company announced the development of Travelzoo META, a subscription service that intends to provide members with exclusive access to innovative, high quality Metaverse travel experiences. On December 30, 2022, the Company acquired Metaverse Travel Experiences, Inc., now Metaverse Travel Experiences, LLC (“MTE”), a Metaverse experience scouting and development business to support Travelzoo META. The Company’s chief operating decision maker viewed licensing and Travelzoo META business as New Initiatives and reviewed and evaluated New Initiatives as a separate segment. The Company currently has four reportable operating segments: Travelzoo North America, Travelzoo Europe, Jack’s Flight Club and New Initiatives. 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. New Initiatives consists of Travelzoo licensing business and Travelzoo META subscription service and scouting and development business. Prior periods have been reclassified to conform with the current presentation.
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 June 30, 2023Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$13,642 $6,462 $1,011 $13 $21,128 
Intersegment revenues (expenses)491 (575)84 — — 
Total net revenues14,133 5,887 1,095 13 21,128 
Operating profit (loss)$3,753 $(239)$97 $(338)$3,273 
Three Months Ended June 30, 2022Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$12,337 $4,395 $952 $5 $17,689 
Intersegment revenues (expenses)41 (41)— — — 
Total net revenues12,378 4,354 952 5 17,689 
Operating profit (loss)$3,272 $(1,472)$161 $(180)$1,781 
Six Months Ended June 30, 2023Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$28,209 $12,540 $1,959 $21 $42,729 
Intersegment revenues (expenses)682 (766)84 — — 
Total net revenues28,891 11,774 2,043 21 42,729 
Operating profit (loss)$8,269 $218 $52 $(555)$7,984 
Six Months Ended June 30, 2022Travelzoo North
America		Travelzoo EuropeJack’s Flight Club New InitiativesConsolidated
Revenues from unaffiliated customers$23,835 $10,522 $1,775 $10 $36,142 
Intersegment revenues (expenses)234 (234)— — — 
Total net revenues24,069 10,288 1,775 10 36,142 
Operating profit (loss)$5,092 $(1,294)$184 $(282)$3,700 
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 June 30, 2023Travelzoo North
America		Travelzoo EuropeJack’s Flight ClubNew InitiativesEliminationConsolidated
Long-lived assets$244 $90 $— $318 $— $652 
Total assets excluding discontinued operations$96,108 $17,958 $19,601 $439 $(75,000)$59,106 
As of December 31, 2022Travelzoo North
America		Travelzoo EuropeJack’s Flight ClubNew InitiativesEliminationConsolidated
Long-lived assets$375 $86 $— $196 $— $657 
Total assets excluding discontinued operations$97,693 $19,253 $18,737 $267 $(68,687)$67,263 
For the three and six months ended June 30, 2023 and 2022, the Company did not have any customers that accounted for 10% or more of revenue. As of June 30, 2023 and December 31, 2022, 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, standalone Travelzoo emails, Travelzoo Network), Getaways vouchers, hotel platform and vacation packages. Local revenue includes Local Deals vouchers and entertainment offers (vouchers and direct bookings). 
Three Months EndedSix Months Ended
 June 30,June 30,
 2023202220232022
Travelzoo North America
Travel$13,458 $11,444 $27,598 $22,489 
Local675 934 1,293 1,580 
Total Travelzoo North America revenues14,133 12,378 28,891 24,069 
Travelzoo Europe
Travel5,546 4,072 11,096 9,696 
Local341 282 678 592 
Total Travelzoo Europe revenues5,887 4,354 11,774 10,288 
Jack’s Flight Club
1,095 952 2,043 1,775 
New Initiatives13 5 21 10 
Consolidated
Travelzoo Travel19,004 15,516 38,694 32,185 
Travelzoo Local1,016 1,216 1,971 2,172 
Jack’s Flight Club
1,095 952 2,043 1,775 
New Initiatives13 5 21 10 
Total revenues$21,128 $17,689 $42,729 $36,142 

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 EndedSix Months Ended
June 30,June 30,
 2023202220232022
Revenue
United States $12,749 $11,222 $26,222 $21,865 
United Kingdom4,858 4,037 9,820 8,036 
Germany1,738 957 3,233 3,209 
Rest of the world1,783 1,473 3,454 3,032 
Total revenues$21,128 $17,689 $42,729 $36,142 

The following table sets forth property and equipment by geographic area (in thousands):  
 June 30,December 31,
 20232022
United States $150 $274 
China (Hong Kong)318 196 
Rest of the world 184 187 
Total long-lived assets$652 $657