SHANGHAI, May 21, 2012 /PRNewswire-Asia/ -- Travelzoo Lv
You Zu, owned and operated by Travelzoo Asia Pacific, a licensee of
global Internet media company Travelzoo Inc. (NASDAQ: TZOO), today
announced that it has reached a strategic partnership agreement
with China CYTS Tours Holding Co. Ltd. (CYTS, SSE: 600138.ss), one
of the leading travel companies in China. Under this
agreement, CYTS will offer exclusive travel deals through Travelzoo
Lv You Zu's core products, the renowned Top 20® and Newsflash to
nearly one million Chinese subscribers.
Through Travelzoo's global network, CYTS will also tailor make
exceptional deals for Travelzoo's 25 million subscribers worldwide.
This partnership will allow Travelzoo to boost its selection
of high quality and unique China
content to its global subscribers. As a result, Travelzoo and
CYTS will be able to engage more travel consumers from North America, Europe and Asia
Pacific.
For the past two years, Travelzoo Lv You Zu has published CYTS
travel deals through the Top 20. The strategic agreement is
an extension of this partnership, reinforcing Travelzoo Lv You Zu
as an effective channel for CYTS to reach high quality and
responsive consumers with purchasing power. Through the
enhanced and trusted relationship, the two companies will be able
to develop "WOW" deals to stimulate incremental demand for the
China travel industry.
During the agreement signing ceremony, Mr. Ge Lei, Marketing Director of CYTS said,
"Travelzoo is the world's most trusted and respected deal
publisher. We value its reputation. We see it as the
most effective link to propel China's emergence in the global travel
arena. We are very excited to have the opportunity to work
closer with Travelzoo. We are certain that the strategic
cooperation will stimulate incremental demand for CYTS quality
travel products and services for the domestic and international
consumers."
Ms. Vivian Hong, President of
Travelzoo Lv You Zu said, "We are thrilled to be forming a closer
relationship with CYTS, one of the most trusted and outstanding
travel brands in China. With Travelzoo's worldwide presence
and quality subscribers, we are in the best position to bridge
Chinese travel brands to the global market. This
cooperation is testament to our value and recognition in the
industry."
About Travelzoo Lv You Zu
Travelzoo Lv You Zu is independently owned and operated by
Travelzoo Asia Pacific under a license agreement with Travelzoo
Inc. (NASDAQ: TZOO), a global Internet media company. With
more than 25 million subscribers in Asia
Pacific, North America and
Europe, and 25 offices worldwide,
Travelzoo® publishes deals from more than 2,000 travel and
entertainment companies. Travelzoo's deal experts review
offers to find the best deals and confirm their true value.
About CYTS
Founded in 1980, China CYTS Tours Holding Co., Ltd. (CYTS) is
the leading china tour operator and the first travel company to be
listed on the Shanghai Stock Exchange A-Shares (SSE:
600138.ss). CYTS invests in travel, high-tech product
development, venture capital and security business. CYTS business
operations encompass inbound and outbound travel, domestic travel,
conferences and exhibitions, in addition to technical support,
travel-affiliated resources development and online information
services. With over 60 retail stores and outlets
in China, CYTS is headquartered in Beijing, with three branch offices in
Hong Kong, Japan and North
America.
Media Contact:
Sophia Yu
Travelzoo Lvyouzu
+86-186-1619-6186
syu@travelzoo.com
SOURCE Travelzoo Lv You Zu