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PR News Wire (Free subscription) | 11/18/2008
YTB International, Inc. operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. YourTravelBiz.com focuses on selling 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...
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The St Louis Business Journal (Free subscription) | 11/17/2008
Internet travel service company YTB International Inc. said Monday that its profit plummeted nearly 87 percent while total revenue grew 7.5 percent.
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PR News Wire (Free subscription) | 11/17/2008
Scott Tomer, Chief Executive Officer of YTB, commented on the third quarter results, stating, "While we are disappointed by the reduction in our net income, we are also aware that much of the softness we are seeing is reflective of both an industry-wide trend and a difficult comparison to last year's explosive growth. In the face of a looming recession, growing companies face the difficult choice of...