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Youtravel.com’s first month sales exceed expectations – 7 Dec 2006

Youtravel.com’s UK sales during its first month of trading were 15% higher than the company had anticipated.

Founder John Kent said he was “very happy with above expectation sales”.

He added the accommodation-only firm could make its second acquisition following its purchase of Woking-based Qwerty Travel. Kent refused to reveal the firms he was in discussions with other than to stay it would give the company further distribution. He is also hoping to purchase an accommodation operator.

“We could make a further acquisition in December,” he said. “We are looking at both distribution and product. The first acquisition is likely to be on the distribution side.”

Meanwhile, former Holiday Autos commercial and sales director Ian Coyle has joined the accommodation-only company as international sales and marketing manager. Coyle, who spent nine years at Holiday Autos, is in charge of all overseas markets that don’t have their own offices, including Poland and France.

Also, Vasilis Syngelakis has joined the company as hotels and product strategy director.

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