Also from this source Now Live in Canada: Worldwide Club Offers for Travel Enthusiasts Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces the release of Club Offers for Club Members in Canada. Rigorously vetted and ... Accessibility StatementSkip Navigation NEW YORK, Oct. 22, 2025 /PRNewswire/ -- Travelzoo® (NASDAO: TZOO): | | Travelzoo, the club for travel enthusiasts, will | | --- | --- | | | hostA aA conferenceA callA toA discussA the Company'sA financial | | WHAT: | resultsA forA theA ...

Market Overview - The S&P 600 Small Cap Index has increased by 2.0% year-to-date, with a notable return of 5.8% since July, indicating a positive trend for small-cap stocks [1] - Global economic indicators are currently favorable for small-cap stocks, contributing to their upward trajectory [1] Currency and International Dynamics - The weakening U.S. dollar and rising global yields are driving gains in international equities, leading investors to favor international small caps due to a wide valuation gap [2] - Small caps are seen as offering significant upside potential in both valuation and diversification [2] Federal Reserve Influence - The Federal Reserve's plan to cut interest rates is viewed positively for small-cap stocks, as historically, falling interest rates have benefited these stocks more than large-cap stocks [4] - From 1966 to 2023, the S&P 500 returned 16.4% during periods of rate cuts compared to only 6.2% during rate hikes, highlighting the favorable conditions for small-cap stocks in a declining rate environment [4] Small-Cap Stock Recommendations - **Aehr Test Systems**: Year-to-date performance of 55.7%, positioned well in the semiconductor sector with strong momentum in AI and semiconductor testing [6] - **Travelzoo**: Year-to-date performance of -49.7%, seen as undervalued with healthy cash flow and potential for recovery as consumer travel increases [8][9] - **Jazz Pharmaceuticals**: Year-to-date performance of -9.8%, recently received FDA approval for a new cancer treatment and has a promising pipeline with strong analyst support [10][11][12] Investment Strategy - First-time investors in small-cap stocks should exercise caution, using limit orders and diversifying their portfolios to mitigate risks [13] - A long-term investment horizon of at least three years is recommended, as small caps can experience significant annual drawdowns [13] - Maintaining discipline in investment strategies, such as rebalancing and avoiding chasing momentum, is crucial for success in small-cap investing [14]

Capital A CEO Tony Fernandes is in early stage talks to acquire a stake in Vietnam Travel & Marketing Transports, sources say, as the aviation group looks to expand its presence in the Southeast Asian nation https://t.co/yyLjgL3aba ...

Industry insiders and travel tastemakers spotlight the upcoming properties they can’t stop dreaming about. https://t.co/kzH5y0Jmrj ...

Summary of Conference Call Notes Industry Overview - **Industry**: China/Hong Kong Consumer - **Event**: National Day Holiday 2025 Key Points General Demand Trends - Holiday retail sales growth was +2.7% year-over-year (yoy) during the Golden Week (Oct 1-7), which is a deceleration compared to the 3.4% yoy growth in August [2][12] - Per capita travel spending remained largely flat yoy despite an additional day of holiday, indicating a lack of imminent overall demand recovery [1][12] Domestic Travel Insights - The number of domestic travelers increased by +16.1% yoy during Golden Week, with tourism revenue up +15.4% yoy, translating to Rmb101 billion daily [3][14] - Daily spending per traveler was Rmb911, which is a slight decline of -0.6% yoy, but the gap compared to 2019 has narrowed [3][14] Hotel Industry Performance - Revenue per available room (RevPAR) in the hotel industry showed low-single-digit positive growth yoy, driven by an increase in average daily rate (ADR) [4][12] Outbound Travel - Daily average visitors for both outbound and inbound travel grew by +11.5% yoy [4][12] Hainan Duty-Free Market - Duty-free sales in Hainan reached Rmb944 million during the holiday, with a daily average of Rmb118 million, marking a +5% yoy increase [6][12] - Daily per capita spending was Rmb7.7K, up +8% yoy, although this level is still 44% lower than the peak in 2021 [6][12] Box Office Revenue - Box office revenue was reported at Rmb1.8 billion, with a daily revenue decline of -25% yoy [7][12] Consumption Shifts - Consumption patterns are shifting towards travel, impacting traditional gathering and gifting demand, particularly affecting liquor and liquid milk sales [11][12] Stock Implications - The company remains selective on consumer stocks due to mixed underlying momentum across categories, with preferences for growth stocks like Pop Mart and Giant Biogene, turnaround stocks like Shenzhou and Yili, and balanced return/value stocks like YUMC and ANTA [12][12] Additional Insights - The overall demand recovery appears to be sluggish, with travel intentions not translating into proportional spending, indicating potential risks for consumer stocks [1][12] - The performance of retail and restaurant sectors during the holiday was uneven, with tourist destination stores benefiting while residential and office area stores suffered [11][12]

Industry insiders and travel tastemakers spotlight the upcoming properties they can’t stop dreaming about. https://t.co/kzH5y0Jmrj ...

Industry insiders and travel tastemakers spotlight the upcoming properties they can’t stop dreaming about. https://t.co/kzH5y0Jmrj ...

Core Insights - The travel trade deficit in the United States has significantly increased, reaching nearly $70 billion for 2025, as international visitors are spending less in the U.S. while Americans are traveling abroad more [2][5][6] Industry Overview - Travel is a crucial export sector for the United States, encompassing services consumed by foreigners, such as hotel stays [3] - Historically, the travel industry has generated a trade surplus, but recent trends show a reversal with a $50 billion deficit reported in April 2023, compared to a $3.5 billion surplus in 2022 [5] Visitor Trends - The U.S. is expected to see a 6.3% decline in international arrivals in 2025 compared to 2024, marking the first decrease since 2020, with visitor spending projected to drop by 3.2% [6] - The decline in Canadian visitors has been identified as a primary factor contributing to the travel trade deficit, with a nearly 34% drop in Canadians returning from the U.S. by car in August compared to the previous year [10][11] Future Outlook - Upcoming major events, such as the FIFA World Cup and the 250th anniversary celebrations of the U.S., are anticipated to help reverse the decline in international visitors [12] - However, potential challenges remain, including increased visa fees, longer wait times for visa applications, and negative sentiment towards the U.S. in key markets, which could further deter international visitors [13]

Core Insights - Society Pass Inc. experienced a significant increase in share price following a positive equity research report from Ascendiant Capital Markets, which highlighted strong Q2 2025 results and an improved outlook for the company [1][6]. Financial Performance - Society Pass reported revenue of $2.5 million for Q2 2025, marking a 46% increase year-over-year and exceeding estimates of $1.5 million. The company achieved earnings of 10 cents per share, contrasting with an expected loss of 24 cents per share [1][3]. - Ascendiant raised its revenue forecast for 2025 to $8.8 million from $6.2 million and adjusted its earnings estimate to a loss of 42 cents per share from a loss of 1.04 dollars. For 2026, revenue projections were increased to $10 million from $9 million, with a revised loss estimate of 47 cents per share compared to a previous loss of 63 cents [3]. Market Position and Valuation - Society Pass operates in Southeast Asia, focusing on digital media, travel, and lifestyle platforms, with a presence in Vietnam, Indonesia, the Philippines, Singapore, and Thailand [2]. - The company's current market capitalization is approximately $5 million, significantly lower than its estimated cash reserves of $29 million, which includes $17 million raised from the IPO of its subsidiary NusaTrip [4]. - NusaTrip shares are trading near $8.00, approximately double their IPO price, and Society Pass holds about 12 million shares in NusaTrip, representing a 75% stake valued at around $100 million [5]. Future Prospects - Ascendiant reaffirmed a Buy rating for Society Pass and raised its 12-month price forecast to $18 from $15, citing favorable growth prospects and a discount to intrinsic value despite near-term commercialization challenges [6]. - Society Pass's subsidiary, Thoughtful Media, is expected to go public by the end of 2025, with a valuation anticipated to be comparable to NusaTrip [4]. Compliance and Stock Performance - Society Pass received confirmation from the Nasdaq Capital Market on September 2, 2025, regarding compliance with Rule 5550(b)(2), ensuring the company meets the minimum stockholders' equity requirement [7]. - Following the positive report, Society Pass shares were trading 106.3% higher at $2.89 [7].

Core Insights - NextTrip, Inc. is participating in the LD Micro "Main Event" Investor Conference scheduled for October 19-22, 2025, in San Diego, CA [1] - The company's management will present a 20-minute corporate presentation focusing on strategic progress and growth roadmap [1] - NextTrip will also engage in one-on-one meetings with investors during the event [1]