20 October 2008

Youtravel details expansion plans

Bedbank Youtravel.com is to expand its dynamic packaging model internationally.

Countries across Europe have been identified as the company looks outside the UK for expansion.

A European business to consumer dynamic packaging offshoot is to be introduced to tempt travellers to use low cost carriers in combination with accommodation.

Russian and Turkish language sites are also due to open as part of development plans by the company, which has predicted 25% growth in turnover next year (see previous TravelMole story).

A cities programme is to be launched in addition to expanded Caribbean inventory.

But contracting in prime locations in the Middle East continues to be an issue, bosses admit.

A decision about retaining principal status in the UK will also be made within next few weeks following Ã&#pound;1.3 million in VAT costs this financial year.

Health and safety will remain a primary focus even it does decide to give up principal status, the company stressed.

Youtravel also hopes to sign two exclusive agreements with B2B-friendly cruise lines to extend its cruise offering beyond an initial agreement with easyCruise.

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