Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
So what: Travelzoo's annual 10-K filing stated its Asia Pacific business surpassed 3 million subscribers last fiscal year. That is an increase of 1 million from the prior year, growth of about 50%.
Now what: The U.S. and Europe are still recovering from the financial crisis and could have subpar growth for years. Consumers in those markets have cut back on discretionary spending, including travel. That makes Asia Pacific an attractive market that can be a key driver of earnings growth.
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Fool contributor Cindy Johnson does not own shares of any company named above. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.