Travelzoo Made $1.8 Million by Selling the Fly.com Domain

Skift Take

It appears that the mystery buyer is a brand holding company that may not be focused on travel. If so: What a lost opportunity.

Gains from the sale of the Fly.com domain name improved net income for travel deals publisher Travelzoo in the first quarter of 2017. The sale price of the domain was not specifically revealed. But Travelzoo executives disclosed today that, in the first months of this year, it received $2.89 million in cash proceeds from the sale of the Fly.com domain name, according to financial filings released today. But once tax and all costs related to discontinuing the operations of its search business and the sale of Fly.com were accounted for, the net income for the company from discontinued operations was $1.84 million. The total price exceeds the $1.8 million price Travelzoo paid for the domain in 2009. Fly.com updated its privacy policy in the weeks after the sale to say that the new owner is Fly Holdings LLC., a holding company. The company did not say who bought the domain, and the site is registered privately. Given its juice and relevance

Travelzoo Made $1.8 Million by Selling the Fly.com Domain

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Online Travel coverage is exclusive for Skift Pro subscribers.

BILLED ANNUALLY

BILLED MONTHLY