Tuesday, July 22, 2008

YTB Considers Franchise Operations?

YTB Considers Franchise Operations?

Are the days of multi level marketing over for YTB?

Scott Tomer, CEO of YTB International, Inc. said the company is “contemplating the replacement of its referring travel agent (RTA) business model with the implementation of a franchise operating system, potentially in 2009.”

Read the link from Yahoo Finance: http://biz.yahoo.com/e/080715/ytbla.ob8-k.html

Related links:

Royal Caribbean International (RCI), Celebrity Cruises and Azamara Cruises terminate vendor relationship with YTB: Click Here For Article
Source: Modern Agent

YTB denied in motion to reinstate IATA/IATAN membership/accreditation: Click Here For Article
Source: Modern Agent

YTB posts a loss of $3.5 Million - Click Here For The Report
Source: Yahoo Finance


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