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Posted On: 11/20/2023 1:56:36 PM
Post# of 98510
$JZZI revenue generating acquisition news last week. 0007x0008 building up slow and steady for a breakout imo.
https://finance.yahoo.com/news/jzz-technologi...00380.html
Travel Zen has emerged as a significant player in the vacation rental space. The company owns over 60 deeded vacation rental timeshare weeks, including spring break weeks in some of the most sought-after resorts in the Vail Valley in Colorado. Most of these units are located in Avon, Colorado, providing easy access to the desirable Beaver Creek and Vail ski resorts. Participating resorts include the Sheraton Mountain Vista, Falcon Point Resort, and the Sheraton Lakeside Terrace.
Travel Zen is profitable through the sale of weeks. Each timeshare week is fully acquired and carries no debt, with recurring revenue from each unit in the form of rental income. This produces an extremely high profit margin, ranging from 50% for wholesale to 100% on retail bookings.
https://finance.yahoo.com/news/jzz-technologi...00380.html
Travel Zen has emerged as a significant player in the vacation rental space. The company owns over 60 deeded vacation rental timeshare weeks, including spring break weeks in some of the most sought-after resorts in the Vail Valley in Colorado. Most of these units are located in Avon, Colorado, providing easy access to the desirable Beaver Creek and Vail ski resorts. Participating resorts include the Sheraton Mountain Vista, Falcon Point Resort, and the Sheraton Lakeside Terrace.
Travel Zen is profitable through the sale of weeks. Each timeshare week is fully acquired and carries no debt, with recurring revenue from each unit in the form of rental income. This produces an extremely high profit margin, ranging from 50% for wholesale to 100% on retail bookings.
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