YTB International, Inc.
|
1901 E. Edwardsville Rd. Wood River, IL 62095 IL Tel. 618-655-9477 Toll Free 800-243-4450 Fax 618-659-9607 |
Type: Public
On the web:
http://www.ytb.com
Employees:
77
YTB International wants its travel business to be your travel business. The company provides an online platform that can be used by individuals to set up home-based travel agencies. Customers pay monthly fees to have their online travel agencies hosted by YTB International's YourTravelBiz.com unit. The company's services are sold by independent contractors via a multi-level marketing system. Fees generated by the marketing system account for more than 80% of YTB International's revenue. The company also collects money by training its customers to use the platform and when travel services are sold through its hosted sites. YTB International was initially established in 1982 as Travel Network, Ltd.
Key numbers for fiscal year ending December, 2007:
Sales: $141.3M
One year growth: 177.6%
Net income: $3.2M
Officers:
Chairman: Lloyd J. (Coach) Tomer
CEO and Director: J. Scott Tomer
CTO: Ori Klein
Competitors:
Expedia
Orbitz Worldwide
priceline.com
