TraVerus Travel YTB’s Biggest Up-And-Coming Competitor

Free Press Release
iPhone 3G SEO Local Dating Auto Insurance ...
 

Home | Submit Release | Features & Pricing | Success Stories | Blog | Journal | FAQ | Search | Members' Area

News Archive > 2007 > Nov > 11
 Premier News
YTB Travel—formally one the U.S. top online home based Travel Agencies with over 100,000 reps in the U.S. may surrender power to TraVerus Travel
For_Immediate_Release:

United States of America (Press Release) November 11, 2007 -- [North Carolina-Sunday, November 11, 2007] - by Holly Powell. Rumors are now running amok that YTB Travel—formally one the U.S. top online home based Travel Agencies with over 100,000 reps in the U.S. may surrender power to TraVerus Travel with 7500 reps in over 30 Countries!

This would come as a SHOCK to investors and "YTBer’s" alike who both profit and benefit from the use of the online world of travel.

But is the rumor true or false?

The origin of the rumor occurred when some savvy Marketers began making statements that they had heard "insiders' talk" that YTB Travel--publicly traded over 2 years ago may face financial disaster with the release of an up-and-coming competitor--TraVerus Travel that would allow home based business owners to get started for NOT $500 but for $169.90.

This, of course, could naturally lead directly (like a domino-
effect) to the mass exodus of YTB Reps to join TraVerus Travel. The "new system" in question and responsible for the controversy over YTB vs TraVerus is that developed by David Manning.

David Manning is the president of TraVerus, one of the fast growing travel companies in the industry. David is also a motivational speaker, former sports promoter, and was the host of the Dallas Easter Seals Telethon for over 15 years.

David Manning’s "secret" became available to the general masses in November 2006, and its very release caused a major sweeping stir among the community of Internet Travel Business owners that TraVerus Travel is quickly rising to the top of the charts as the #1 Travel Business on the Net.

TraVerus Travel has the most advanced, comprehensive Compensation Plan in the Industry. Will TraVerus Travel be the downfall of YTB Travel? Probably not; competition is a good thing. Why? Think about it this way…there’s a lone gas station on a corner in a very rural part of your town…they charge higher gas prices because they can; no competition. A few years down the road a competitor moves in across the street with lower gas prices forcing the older gas station to lower their prices.

Free enterprise…with 6 billion people in the world there’s always room for competition.

So what are the major differences with TraVerus and YTB? Well, that will come in a later post. Suffice it to say for now that I, Holly Powell former YTB made the switch to TraVerus


Email Print Download SPAM Submit to RestNews.COM

For more information:

Internet Marketer, myspace.com/soaringaway,
TraVerus Regional Executive
910-207-0026

Visit our website: http://tinyurl.com/23nalu
USER COMMENTS
TraVerus A travel company with 6,000 Get's The Crap Sued Out Of Them...For Release
YTB, Your Travel Biz, after getting sick and tired of false releases and statements made by TraVerus, World Ventures and others finally hires top New York law firm and starts multiple law suits on behalf of YTB members, against card associations, industry leaders, cruise lines, competeting agents, giving out false information and cruise line. Result? They lose millions to legal fees and time spent representing themselves.

RobertResorts.Net
Earl Allen Boek @ 2007-12-03 07:38:35 [ID:38660]
YTB International Announces Second Consecutive Quarter Of Profitability
Wednesday November 14, 2007
Company Reports Record Revenues of $39.9 Million

PRNewswire - YTB International, Inc. ("YTB" or the "Company"), A provider of Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, announced its financial results for the three and nine-month periods ended September 30, 2007.

Total revenue for the quarter ended September 30, 2007 increased 203.5% to $39.9 Million compared to $13.1 Million for the third quarter last year. Revenue generated from online travel store sales and monthly fees from Referring Travel Agents ("RTAs") in the third quarter of 2007 was $28.7 million, compared to $9.0 million in the third quarter of 2006. Revenue from travel agency commissions in the third quarter of 2007 was $5.5 million, compared to $2.0 million for the same period last year. Also, training programs and marketing materials revenue increased in the third quarter of 2007 to $3.7 million, from $1.5 million in the prior year quarter.

Net income for the third quarter of 2007 was $2.1 million, or $0.02 per diluted share, compared to a net loss of ($4.4) million, or ($0.05) per diluted share, for the third quarter of 2006.

Total revenue for the nine months ended September 30, 2007 increased 207.6% to $95.9 million, compared to $31.2 million for the same period last year. Revenue generated from online travel store sales and monthly fees from RTAs for the nine months ended September 30, 2007 was $69.0 million, compared to $22.5 million for the same period in 2006. Revenue from travel agency commissions for the first nine months of 2007 was $13.9 million, compared to $5.1 million for the same period last year. Training programs and marketing materials revenue for the nine months ended September 30, 2007 was $10.4 million, up from $2.9 million in the same period last year.

Net income for the nine months ended September 30, 2007 was $1.6 million, or $0.01 per diluted share, compared to a net loss of ($6.0) million, or ($0.07) per diluted share, for the same period in 2006.

"We are proud to report our second consecutive quarter of profitability and record revenue and net income figures of $39.9 million and $2.1 Million respectively. This accomplishment was achieved despite certain one-time costs incurred during the period that are related to the continued expansion of our infrastructure in order to support our growing number of RTAs and to improve our services," stated Scott Tomer, Chief Executive Officer of YTB International. "In the first nine months of 2007 alone, we have doubled the size of our RTA network to more than 134,000 RTAs, and we see no signs of slowing down. Our success did not go unnoticed. Travel Weekly named us one of the top eleven leisure travel agencies and one of the 35 largest travel agencies overall for 2006."

Mr. Tomer continued, "We have high expectations for YTB International's future and are expanding our infrastructure and training capabilities in order to handle our continued growth. Our new RTAs will need the best tools and training. To meet this need, we recently launched a proprietary Web-based training certification and testing program, 'YTB E-Campus,' designed by Dr. Marc Mancini, one of the travel industry's most highly respected speakers, educators and consultants. This training program offers our RTAs a unique opportunity to hone their skills to successfully sell travel and build their businesses."

About YTB International

Recognized as the 35th largest seller of travel in the U.S. by Travel Weekly, YTB International, Inc. provides Internet-based travel booking services for travel agencies and home-based independent representatives in the United States, Puerto Rico, and the US Virgin Islands. It operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc.

YourTravelBiz.com division focuses on marketing on-line travel agencies through a nationwide network of Independent Marketing Representatives, or "IMRs." YTB Travel Network division establishes and maintains travel vendor relationships, books travel transactions of on-line travel agents (RTAs,) collects travel payments and licensing fees, and processes travel commissions. Each sells travel through a personalized Internet-based travel Website. The REZconnect Technologies division builds online reservation systems for suppliers within the travel industry. For more information, visit www.ytb.com.

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. Further information regarding factors that could affect the Company's results is included in the Company's filings with the SEC, including the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2006, filed with the SEC on April 2, 2007.
Real Press Release @ 2007-12-05 22:59:35 [ID:40374]
YTB Is Losing, in a sore kind of way.
Every Time I hear anyone try to back YTB, I hear these same facts...Honestly...Who cares if youre 35? How many RTA's will you lose before you realize that your facts stand on hollow ground?

I am unbiased to both companies, But I never see traverus trying to dominate another article with hostility.
Matt @ 2008-02-21 19:00:45 [ID:79400]
Traverus Scam
I just googled TraVerus. You can book travel direct from their website at traverus.com. That is so messed up. No way would I become an agent through them. Not when I'd be competing directly against them.
Randon @ 2008-03-26 20:15:27 [ID:84410]

LEAVE A COMMENT
Title:


Message:
You can use following font styles to enhance your article. (No HTML tags.)
[large]sample[/large] sample
[b]sample[/b]sample
[i]sample[/i]sample
[color=#ff0000]sample[/color]sample
Your name:
Your email: (Please provide a valid email.)
Please read the number in the image:
Publisher: Holly Powell




Related News
November 15,2007
January 4,2005
April 25,2007
February 29,2008
February 29,2008
February 29,2008
February 29,2008
February 29,2008
March 5,2008
Submit Press Release
IndustriesCountriesTags

Top Headlines More>>
How to Write a Press Release
Writing a press release is, not too different from writing any other document. We are going to discuss the content of your press release and how it should be formatted. Certain rules must be followed to ensure that you are including all the necessary information.
For Hollywood trivia fans Columbia House is more than just a great DVD movie club
Columbia House Canada hopes their new online movie trivia website will help make it the best DVD club in Canada. Columbia House Canada has launched an online trivia game to give more movie lovers a chance to test their movie and celebrity trivia knowledge.
Prefect press release title and abstract samples
Your first step to consummate a press release is an attractive title and the informative abstract. According to readers, it's all as easy as getting a list of newspapers, browsing the headlines & highlights and lining out what's their favorite. Always remember, you're never more than one-click away from visitor abandonment. Thus, there you go, some prefect press release title and abstract...
Donts when composing press release
A press release is often your only chance to make a great first impression. Nowadays, readers not only can gain truckload of news from mewspapers, magazines and trade publications, but also access a flood of information from the interent. That means sloppy, long, inaccurate, pointless releases are the first to hit the newsroom "wastebasket" or skim through the readers' mouse...
Press Release Sample and Template
What is a press release? A press release is pseudo-news story, written in third person, that seeks to demonstrate to the reader the newsworthiness of a particular person, event, service or product.
Efficient ways to pay off your debt more quickly or reduce the amount you pay out each month!
Here are various ways to either pay off your debt more quickly or reduce the amount you pay out each month. What you should be aiming to do is move as much of your debt to as low a interest rate as possible, whilst paying as much as much as you feel comfortable with each month.
Clone The Assassination of Jesse James by the Coward Robert Ford DVD movie
T/journal/resources/200712/pic/1198140231.jpghe Assassination of Jesse James by the Coward Robert Ford - Robert Ford, who's idolized Jesse James since childhood, tries hard to join the reforming gang of the Missouri outlaw, but gradually becomes resentful of the bandit leader. Now you can backup/clone The Assassination of Jesse James by the Coward Robert Ford DVD movie with award winning...
Get Norton AntiVirus 2008 now with $10 OFF
Blocks viruses and spyware with advanced protection. MSRP $39.99, NOW ONLY $29.99. Norton AntiVirus 2008 includes Antivirus, Antispyware, Internet Worm Protection, Rootkit Detection.
Combo iPhone case & battery - Longer battery life
Mophie's last product of note was a combination iPod shuffle case/bottle-opener; of use to some, perhaps, but a little niche for my liking. They're following up with something far more useful, the mStation Mophie juice pack for iPhone - basically a soft-touch, non-slip case for the cellphone with a built in LiIon battery pack that adds an additional 250hrs of standby, 8hrs of talktime, 6hrs...

Sitemap | All News | Daily | Weekly | Monthly | Tags | Industries | Countries | RSS | Add URL | Contact Us

Free Press Release All press release information on this site, including free press release and premier press release, is solely based on what our users submit. Free-Press-Release.com disclaims that any right and responsibility for the information go to the user who submit the press release. Some press release may be confusing without additional explanation. You should contact the provider with any questions about the information presented. In case some press release demages your benefits or violate your rights in any way, please contact us and we'll remove it immediately.
  • Press Release
  • Pub Gratuite
  • Press Release
  • Pub Gratuite