Saturday, April 5, 2008

Value of travel services booked on YTB’s RTAs websites increased 84% in 2007

YTB International Reports Total Revenue of $141 Million and $3.2 Million Net Income for 2007

WOOD RIVER, Ill., April 1, 2008 /PRNewswire-FirstCall/- YTB International, Inc. (OTC Pink Sheets: 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 its financial results for the twelve-month period ending December 31, 2007.

Total revenue for the year ended December 31, 2007 increased 177% to $141.3 million, compared to $50.9 million for the previous year. While only the commissions arising from RTAs’ booking of travel services booked on the RTAs’ websites are reflected as a component of the Company’s revenues, YTB also keeps track of the aggregate retail value of all travel services that are sold by its RTAs’ websites (which directly impacts commission revenues). The value of such travel services increased 84% in 2007 to $414.5 million, from $225.7 million in 2006.

Net income for the year ended December 31, 2007 was $3.2 million, or $0.03 per diluted share, compared to a net loss of ($6.0) million, or ($0.07) per diluted share, for the 2006 fiscal year.

Stockholders’ equity as of the 2007 year end increased by $19.3 million or 958%, to $17.3 million from a ($2.0) deficit as of the end of fiscal 2006.

‘2007 was a banner year for YTB. During the year we more than doubled the size of our network of RTAs to approximately 131,000 strong in addition to reporting three consecutive profitable quarters,’ stated Scott Tomer, Chief Executive Officer of YTB. ‘As our company grows, so does the attention we have gained within the travel industry. Over the past year we have received praise for our energy and industry-changing business strategy from leading travel companies and organizations. However, not surprisingly, we have also attracted criticism from those companies with whom we indirectly and directly compete. We challenged these critics by concentrating on our business and making YTB one of the most successful travel service companies around. Moving into 2008, we see no signs of slowing down, as we expanded our services into Canada.’

‘We have established a strong network of contacts within the travel world, which have led to significant agreements that have expanded the scope of our travel business. Most recently, we announced an exclusive partnership with Shanghai Spring International Travel Service and Mandarin Voyages to market and sell European tour packages, including trips to France, Germany, Belgium and Holland. These agreements expand our RTAs’ ability to offer fun, unique travel options,’ stated, J. Kim Sorensen, CEO of YTB Travel Network, a wholly- owned YTB subsidiary. ‘We are very proud of these efforts and look forward to helping more RTAs find success through selling travel.’

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, Puerto Rico, the Bahamas, Canada, Bermuda, and the U.S. Virgin Islands.

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 http://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.

This document is available on the KCSA Worldwide Website at www.kcsa.com.    
    YTB INTERNATIONAL, INC.
Condensed Consolidated Statements of Operations Years Ended December 31, 2007 and 2006
                                                                      2007 2006
Net revenues $141,285,474 $50,896,730
Operating expenses: Operating
expenses (exclusive of depreciation
and amortization shown below) 137,111,079 56,541,689
Depreciation and amortization 1,151,548 408,025
Total operating expenses 138,262,627 56,949,714
Income (loss) from operations 3,022,847 (6,052,984)
Other income (expense)
Interest and dividend income 447,369 170,224
Interest expense (38,130) (93,617)
Gain (loss) on sale of assets (9,991) -
Total other income 399,248 76,607
Income (loss) before
 income tax provision                  3,422,095 (5,976,377)
Income tax provision 213,200 -
Net income (loss) $3,208,895 $(5,976,377)
Net income (loss) per share:
Weighted-average shares outstanding -
basic for Class A and Class B 97,377,194 82,300,473
Weighted-average shares outstanding
-diluted for Class A and Class B 110,699,696 82,300,473
Net income (loss) per share
- basic for Class A and Class B
(amounts for Class A and Class B shares
are the same under the two-class method.) $0.03 $(0.07)
Net income (loss) per share -
diluted for Class A and Class B
(amounts for Class A and Class B shares
are the same under the two-class method.) $0.03 $(0.07)
YTB INTERNATIONAL, INC.
Condensed Consolidated Balance Sheets
December 31, 2007 and 2006
December 31, December 31 ,
2007 2006
ASSETS Current assets:
Cash and cash equivalents $1,730,570 $ -
Other current assets, net 39,039,546 17,991,085
Total current assets 40,770,116 17,991,085
Long-term investments 1,000,000 -
Property and equipment, net 15,432,502 6,191,408
Intangible assets, net 2,395,151 2,468,580
Goodwill 2,979,322 2,224,322
Other assets 316,895 14,994
TOTAL ASSETS $62,893,986 $28,890,389
LIABILITIES AND STOCKHOLDERS’
EQUITY(DEFICIT)   
Current liabilities 44,417,965 $30,637,085 
Other long-term liabilities: 
  Long-term debt, less
current maturities         219,641 241,659     
Other liabilities               947,946 28,002     
Total other long-term liabilities  1,167,587 269,661 
   TOTAL LIABILITIES    45,585,552 30,906,746 
  TOTAL STOCKHOLDERS’
 EQUITY (DEFICIT)       17,308,434 (2,016,357)  
  TOTAL LIABILITIES AND STOCKHOLDERS’ 
  EQUITY (DEFICIT)      $62,893,986 $28,890,389

SOURCE YTB International, Inc.

Source: PR Newswire (April 1, 2008 - 10:07 AM EDT)

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www.quotemedia.com

MORE INFORMATION AT  http://www.DreamVacationShop.com

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Friday, March 28, 2008

Cruising. Save upto 67%

Save up to 67% on your vacation. More cruises at  http://www.ytbtravel.com/Cruises.aspx?wa=JGE208


 7 Days Bermuda  64% OFF Brochure rate
Norwegian Cruise Line-Norwegian Majesty
Charleston, St. George/Bermuda, Charleston
2 departure dates: Apr 19, 26 2008
Prices from:
Inside  $399
OceanView  $499
Suite  $1699
 8 Days Mexico-Pacific Coast  39% OFF Brochure rate
Princess Cruises-Star Princess
Acapulco, Ixtapa, Puerto Vallarta, Cabo San Lucas, San Francisco, Seattle
1 departure date: Apr 26 2008
Prices from:
Inside  $459
OceanView  $509
Balcony  $1209
 7 Days Caribbean-Western  67% OFF Brochure rate
Carnival Cruise Lines-Carnival Conquest
Galveston, Montego Bay, Grand Cayman, Cozumel, Galveston
5 departure dates: Mar 30, Apr 6, 13, 20, 27 2008
Prices from:
Inside  $549
OceanView  $769
Balcony  $1009

More information at http://www.DreamVacationShop.com

Posted by www.DreamVacationShop.com at 03:04:47 | Permalink | Comments (1) »

Sunday, March 16, 2008

Information about YTB International, Inc.

Current Operations
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.

The three distinct, wholly-owned subsidiary divisions operate as follows:  

YourTravelBiz.com, Inc. (and subsidiaries)
YourTravelBiz.com, Inc. (“YTB Marketing”) conducts business through recruitment, enrollment, training, and support of its sales force. There are currently approximately 254,864 (as of 9/30/07) independent contractors, known as Independent Marketing Representatives (each, an “IMR”), who are responsible for selling on-line travel agencies to RTAs, most of whom work from their homes. IMRs are compensated via a multilevel marketing commission structure. An IMR might utilize a number of methods for attracting new RTAs, including the use of informational meetings and events, newspaper advertising, and one-on-one meetings with individuals seeking a home-based business enterprise. 

YTB Marketing was created to market travel agency websites to RTAs in a referral marketing program that incentivizes IMRs to sell on-line travel agencies. RTAs are also independent contractors and are provided with training materials and onsite training at various locations throughout the United States. YTB Marketing charges an initial license feel of $449.95 plus $49.95 per month, on a month-to-month basis, for RTAs to own and operate an online travel site, and YTB Travel (as defined below) can also earn additional transactional compensation from travel purchased off each website.  

YTB Travel Network, Inc. (and its subsidiaries)
YTB Travel Network, Inc. (together with its subsidiary YTB Travel Network of Illinois, Inc., collectively, “YTB Travel”) business is comprised of arrangements to sell airline tickets, cruise packages and other services, plus travel sales, from the approximately 120,948 (as of 9/30/07) RTAs’ web sites which it hosts. YTB Travel handles travel processing, document distribution and travel commission payments, including tracking transactions for each of the sites. RTAs are schooled through travel training courses. This training is accomplished through a combination of company conference calls, e-training modules and hands-on certification seminars.

REZconnect Technologies, Inc.  
REZconnect Technologies, Inc. (“Technologies”) includes a “brick and mortar” travel franchise system and provides YTB technology software and services to the travel industry. Technologies builds reservation systems using proprietary applications for suppliers within the travel industry. Technologies sells and services travel stores within the travel industry and includes RezCity.com, an online city guide and travel store. Technologies operates under the following brands: Travel Network, Global Travel Network and Travel Network/Vacation Central. The Technologies’ consumer driven websites provide strong content and booking ability, with over 60 booking engines incorporated into any one site, covering all aspects of the travel industry.   


YTB International Inc. (YTBLA)  
Mar 16 3:08 PM EDT

 Last Price 0.82 
 Last Trade 3/14/08 
 Change -0.03 
 % Change -3.53% 
 Volume 62.18 k 
 Open 0.815 
 High 0.85 
 Low 0.81 
 52 Week Low 0.78 
 52 Week High 9.50 

http://www.DreamVacationShop.com

Posted by www.DreamVacationShop.com at 20:17:04 | Permalink | Comments (1) »

Sunday, March 2, 2008

Why don’t our dreams come true?

Everyone dreams. 

Some dreams can be very unrealistic. Let discus realistic dreams.

 

Some people dream about Love, Home, Exotic vacations, Owning their own Business or even Financial Freedom.

But, what are we doing to achieve our dreams? Excuses, Excuses, Excuses… “I have no time”  “no money” “No skills” 

 

Insanity is repeatedly doing the same thing year after year and expecting a different result.

 

All these excuses and living your life like a lab mice running on spinning wheel never getting a head, “eventually Kills your dreams”.

 

It is not all our fault. We were taught by our parents and elders to finish school get a good job work hard and one day you will be successful. Now we know that this is not entirely true.

 

If you do not have resources, you need to become resourceful. Instead of say “I can’t afford it.” You must to say, “How can I afford it?” When we said, “I can’t afford it” our minds were turned off and went to sleep. When we asked ourselves, “How can I afford it?” our minds, our greatest resource of all, were turned on and put to work.

 

If you are going to be successful in creating the life of your dreams, you have to believe that you are capable of making it happen. You have to believe you have the right stuff and that you are able to make it happen.  

You must believe in yourself and follow your dream!

Posted by www.DreamVacationShop.com at 01:49:08 | Permalink | Comments (1) »

Friday, February 29, 2008

Are you tired of being a “slave”?

When I say slave I mean slave to your clock.

 Are you tired of waking up early every morning & going to work each day needing more sleep?  

Are you tired of going to lunch when they tell you to be hungry?

Do you have to ask for permission to go to the doctor or take your child to the doctor?

Are you tired of not having enough time to spend with your family and the ones you love?

Are you tired of having someone else decide how much money you make or how much vacation you take each year? 

 Are you tired of giving up the best years of your life to your job?

Would you like to be paid what you are worth?

Would you like to wake up when you are finish sleeping?

 Would you like to take Vacation whenever you like?

Would you like to work on your schedule & your terms?

 The answer is at DreamVacationShop.INFO     

Posted by www.DreamVacationShop.com at 20:26:21 | Permalink | Comments (1) »