This story was originally published in On Background with Mark Stenberg, a free, weekly newsletter that explores the key themes shaping the media industry. You can sign up for it here.
The outlet, which caters to a niche audience of serial travelers, brought in $18.3 million in revenue last year, up from $15.6 million in 2024, according to chief executive Louise Story.
The top-line figure still represents a downturn from years previous—in 2023, the company was on pace to bring in $24 million in total earnings—but the publisher was able to turn a profit this year of $2.6 million.
