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TravelTheworld
64 Comments
YTB International: Wall Street's Next Online Travel Darling?
The company expects that a franchising model, if adopted, would facilitate the YTB's expansion into additional markets by providing more comprehensive training and a new proprietary e-commerce platform.
Details regarding price, product offerings and the conversion plan are all under consideration.
The company hired iFranchise of Chicago for consultation on this switch, said Scott Tomer, CEO of YTB, in a statement.
If a franchising model is adopted, its distribution is expected to be managed by the current marketing arm of the company, YourTravelBiz.com, also known as YTB.com.
In May, YTB reported that its increased promotion and international expansion helped the company post a 77 percent increase in first-quarter fiscal 2008 sales, but that its loss widened due to expenses related to those efforts.
Wood River, Ill.-based YTB International Inc. (OTCBB: YTBLA) provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, the Bahamas and the U.S. Virgin Islands. It operates through three subsidiaries: YourTravelBiz.com Inc., YTB Travel Network Inc., and REZconnect Technologies Inc.
YTB International: Wall Street's Next Online Travel Darling?
travelweekly.texterity...
Best to all
Leighton
www.YouAnYTB.com
YTB International: Wall Street's Next Online Travel Darling?
Chiefs, YTB International, Inc. Launch Innovative Travel Partnership
Tuesday May 13, 8:57 am ET
Fans Already Book Travel Online - Now Chiefs' Travel Site Provides Competitive Rates and Allows Loyal Fans a Unique Opportunity to Make Dreams Come True
ST. LOUIS, May 13 /PRNewswire-FirstCall/ -- The Kansas City Chiefs have launched an innovative travel partnership with YTB Travel Network, Inc. -- a wholly owned subsidiary of YTB International, Inc. (OTC Bulletin Board: YTBLA - News; "YTB" or the "Company"). YTB will administer the Chiefs on-line and fan-based travel. The Chiefs travel website, ChiefsTravel.com, will provide the Chiefs loyal fans with the opportunity to book all their business and personal travel while offering multiple entry opportunities to win Game Day Packages, a "Suite Experience," autographed memorabilia, the opportunity to become a "Chief for a Day," a cabin on a Chiefs celebrity cruise and more.
Click here for complete story
biz.yahoo.com/prnews/0...
Best to all
TravelTheWorld
YouAnYTB.com
YTB International: Wall Street's Next Online Travel Darling?
Thanks for the correction!
YTB International: Wall Street's Next Online Travel Darling?
Best
Leighton
www.YouAnYTB.com
YTB International: Wall Street's Next Online Travel Darling?
Market Watch - First of all YTB has been a publicly traded company for over three years and has had a three for one split----- 2nd where are your facts coming from to state that YTB is or isn't solvent? Quit speculating - for the facts - her is YTB SEC FILINGS with our goverment - www.ytbi.com/investor/...
Best to all in YTB
Leighton
YouAnYTB.com
YTB International: Wall Street's Next Online Travel Darling?
Market Watch - first of all YTB has been a publicly traded company for over three years and has had a three for one split----- 2nd where are your facts coming from to state that YTB is or isn't solvent? Quit speculating -
Best to all in YTB
Leighton
YouAnYTB.com
YTB International: Wall Street's Next Online Travel Darling?
Best to all in YTB
Leighton
www.YouAnYTB.com
YTB International: Wall Street's Next Online Travel Darling?
check out our new marketing web site and new company presentation
www.AllenbyTravel.com
www.YouAnYTB.com - to go right to new presentation
Best to all
leighton
EightTrillion.com
YTB International: Wall Street's Next Online Travel Darling?
YTB International, Inc. Appoints Paul Hemings to Board of Directors
Robert H. Dickinson respectfully declines appointment to YTB's Board in order to pursue other opportunities
WOOD RIVER, Ill., May 2 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC Bulletin Board: YTBLA) ('YTB' or the 'Company'), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today announced the appointment of Paul Hemings to its Board of Directors, effective as of May 1, 2008. Mr. Hemings will be the 11th member of the Company's Board.
In addition to serving on YTB's Board of Directors, Mr. Hemings is a Group Director of Sales for Energizer Holdings, Inc., where he is responsible for $200 million in annual sales. Prior to his appointment as Group Director, Mr. Hemings served as Energizer's Director of Business Development, leading the annual business planning process. Before beginning his tenure at Energizer, Mr. Hemings held several sales and sales management positions at Procter & Gamble.
Following the announcement on April 30th of his acceptance of a seat on the Board of Directors of YTB International, Inc., Robert H. Dickinson has reconsidered his decision. 'Upon further review I have respectfully decided not to accept a Board position with YTB. After careful consideration of my personal and retirement objectives, I determined that I should not commit to that appointment,' said Dickinson.
YTB's Chairman, Lloyd 'Coach' Tomer commented, stating, 'We are pleased to have recruited a Board member of Paul's experience and talent. Paul will make an excellent addition to our Board, and we look forward to learning from his extensive sales and marketing experience at Energizer Holdings and Procter & Gamble.' Mr. Tomer continued, 'We understand Bob's decision to reconsider joining our Board in order to address other personal opportunities and wish him the very best in his endeavors. He is a friend and supporter of YTB.'
About YTB International
Recognized as the 35th largest seller of travel in the U.S. in 2006 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for home-based independent representatives in the United States, Canada, Bermuda, and the Bahamas.
It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on marketing online travel websites through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network establishes and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, collects travel commissions and pays sales commissions. Each RTA directs consumers to the YTB Internet-based travel website. REZconnect Technologies hosts a travel agency for traditional travel agents and offers franchises of brick and mortar travel agencies. For more information, visit www.ytbi.com/investor.
Leighton
www.YouAnYTB.com
YTB International: Wall Street's Next Online Travel Darling?
YTB Names Dickinson to Board
Wed Apr 30 2008, by TravelTrade Staff
Retired Carnival Cruise Lines president and CEO Bob Dickinson was named to the YTB International board of directors in a move that YTB chairman J. Lloyd "Coach" Tomer said will help the company build its brand and reputation.
YTB has been criticized as a card mill and multilevel marketer, causing Royal Caribbean International last year to stop accepting bookings from YTB agents. IATAN has also ended YTB's participation in its agent credential programs, although YTB is appointed by the Airlines Reporting Corporation.
Dickinson told Travel Trade that the YTB model is a logical progression for cruise sales that very much resembles direct buy organizations that are popular with consumers for a whole range of products.
Dickinson likened YTB to Mary Kay, the multilevel marketer in cosmetics, and said that while YTB has the structure of a multilevel marketer it is also a Host agency providing a significant amount of training and marketing support, including Web sites.
YTB also incorporates a subtle form of viral marketing with its referral agents marketing to friends and relatives and people they know in their social spheres.
Asked about criticism of YTB from the agent industry, Dickinson said that any new model in terms of distribution, and of cruise distribution in particular, always has been criticized by the status quo. But in time all new models have been accepted once they have proven to be productive, said Dickinson.
He recalled the time when cruise-only agencies were pariahs - "They were illegal, immoral and fattening," said Dickinson.
There was also a time when the industry railed against at home agents who are now accepted because they have proven they can produce, as have Host agencies, said Dickinson.
A YTB model, he added, will get more than its share of criticism because it is new to travel in this iteration.
Some agents say YTB agents don't know travel and that is legitimate observation, said Dickinson, but that comes down to training.
At the end of the day, he said, it is up to the customer to decide which model succeeds. YTB agents, he said, know their customers - they don't have to spend a lot of time qualifying them because they probably know them from high school. The challenge for them is to book the product.
YTB also announced the appointment of Florida state legislator Burt L. Saunders, Esq. to its board. Dickinson and Saunders are the 10th and 11th members of the board.
Saunders has been a Florida State Senator for District 37 for the last 10 years, representing Collier and Lee counties. In addition, he has served in an "of counsel" capacity for the firm Gray Robinson, P.A., and previously for Woodward, Pires & Lombardo, P.A., practicing in the areas of land use, government and health care law.
In a statement, Tomer said, "I know that I speak on behalf of our entire company when I say that we are extremely pleased to welcome Robert and Burt to our board. Bob's extensive travel industry experience, and Burt's legislative experience, combine to add valuable strength to our board, and we look forward to tapping into their respective skill sets. I believe that these additions will bring necessary and valuable resources to the Company, while enhancing our efforts to further build the YTB brand and reputation."
www.traveltrade.com/ne...
YTB is a great company
YouAnYTB.com - have you listened to this yet?
Best to all
Leighton
www.AllenbyTravel.com
YTB International: Wall Street's Next Online Travel Darling?
YTB's bid for IATA reinstatement fails
April 16, 2008
By Nadine Godwin
- YTB Travel Network won assurances that the company can continue to use its IATA numeric code as an ARC-approved agency, but it did not win reinstatement at IATA.
- YTB had challenged IATA's termination of the agency before IATA's agency commissioner for the U.S. The commissioner, James Johnstone, found that YTB had "lent, subcontracted to or hired to a third party" its IATA numeric code and that IATA had taken "the appropriate step to enforce its right in the code."
Johnstone cited an IATA exhibit in which YTB told its referring travel agents (RTAs) that their ARC/IATA number identified them "as an industry professional allowing you to become eligible for potential perks, preferred pricing and other courtesies."
- On the other hand, the commissioner said there was "no issue" on the matter of YTB's option to continue using the same numeric code as an ARC agency. He cited an IATA memorandum issued on April 10, which stated IATA was not claiming that its termination of YTB's accreditation "results in any impairment with respect to its ARC accreditation."
- Therefore, YTB can use its ARC number but not with any reference to IATA, and the agency is no longer eligible for any IATA products or services, said the commissioner.
- Also, YTB was directed to immediately cease using the IATA codes, including in connection with any ID or other credentials, and to immediately recall all IDs or credentials that include the IATA code. YTB also was directed to immediately cease using the IATA trademark.
- YTB's attorney, Al Anolik, said YTB had already ceased using the IATA trademark on RTA cards and elsewhere.
www.travelweekly.com/A...
so it is business as usual!!!!
Leighton
www.AllenbyTravel.com
YTB International: Wall Street's Next Online Travel Darling?
Plus our business model allows us to receive a commission on our own travel as well.
Example - if all on-line booking engines quotes a price of $1,000 for a cruise and our price was the same we beat everyone by 9% -
Break down for you
- 16% commission vendors pay YTB on $1,000. = $160. to YTB
- RTA 60% commission override of $160. = $90.
- so 9% savings on $1,000. cruise - many book elsewhere when comparing for a $5 savings - never mind the tax benefits of a home-based business providing one has an intent to make a profit (which I and many others do!!!)
- plus Power Team leader get 10% of $160 = $16.
go to our web site and compare - and do view our on-line powerpoint presentation and 5 others
www.AllenbyTravel.com
YTB International: Wall Street's Next Online Travel Darling?
Thursday April 17, 11:37 am ET
WOOD RIVER, Ill., April 17 /PRNewswire-FirstCall/ -- YTB International, Inc. (OTC Bulletin Board: YTBLA - News; "YTB" or the "Company"), a provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today announced that its Class A Common Stock has been approved for quotation on the Over-the-Counter Bulletin Board (the "OTCBB"). All existing market makers will move to the OTCBB within the next 30 days. The Company's Class A Common Stock will continue to be quoted under the ticker symbol "YTBLA."
ADVERTISEMENT
YTB is a leader in the travel services business and has operated in the travel services industry for 25 years. The Company recently reported its third consecutive quarter of profitability, with total revenue for the year ended December 31, 2007 increasing by 177% to $141.3 million, compared to $50.9 million for the previous year.
The OTCBB provides access to more than 3,300 securities, includes more than 230 participating market makers, and electronically transmits real-time quote, price, and volume information in domestic securities, foreign securities and ADRs.
"We are excited that the Bulletin Board has agreed to quote our Class A Common Stock, as it confirms that YTB International meets the strict filing and disclosure regulations of the Securities and Exchange Commission," stated Scott Tomer, Chief Executive Officer of YTB. "Quoting our stock on the Bulletin Board dramatically increases the number of investors that can freely trade our stock. We believe that this will help to increase the liquidity and visibility of our stock in the financial markets."
About YTB International
Recognized as the 35th largest seller of travel in the U.S. in 2006 by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for home-based independent representatives in the United States, Canada, Bermuda, and the Bahamas.
It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on marketing online travel websites through a nationwide network of independent business people, known as 'Reps.' YTB Travel Network establishes and maintains travel vendor relationships, processes travel transactions of online travel agents and affiliates, collects travel commissions and pays sales commissions. Each RTA directs consumers to the YTB Internet-based travel website. REZconnect Technologies hosts a travel agency for traditional travel agents and offers franchises of brick and mortar travel agencies. For more information, visit www.ytbi.com/investor.
Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances.
Best to all
Leighton
www.YouanYTB.com
YTB International: Wall Street's Next Online Travel Darling?
See in our world there are problems with people and companies, etc - if one focus on solving the problems that surface and not focusing on them as a problem that cannot be fixed - that is a company I will do business with... and YTB is doing just that.
Best to You
Leighton
www.YouAnYTB.com