Travelzoo Gets Fly By Buying Fly.com For Nearly $2 Million

Travel deal site Travelzoo has announced they have opened the safe, pulled out a wad of cash and purchased fly.com for $1.76 million dollars. Apparently the domain name will be used for a new "information website" which will launch next month.

From the release, "We are delighted to acquire fly.com for our new offering," said

I hit Travelzoo every Monday to check their hotel deals. While I’ve never found anything in the airline deals, the hotel deals can sometimes be quite strong. It’s interesting that in this economy they would spend so much money on a domain name that could have been used to pay for staff, etc. Let’s hope this new project returns the domain name monies very quickly.