Bed bank looks for more exclusive deals
Bedbank youtravel.com is looking to secure more exclusive deals with hoteliers as it moves into its fourth full year of trading.
Sales director Paul Riches said he hoped that around half of youtravel.com’s sales would be driven by exclusive deals within the next 12 months.
"Over the past 18 months we have trialled having links to other providers via XML links on our site, however the reality is that our customer base wants exclusive deals from hotels which we have vetted, have great relationships with and are able to offer our agents something extra," added Riches.
He said the company was on target to hit profits of around €1.5million this year. In May, it secured new funding from Abu Dhabi after a new company controlled by founder and chief executive John Kent and Sheikh Tahnoon Bin Saeed Al Nahayan bought Barclays Bank’s shareholding in youtravel.com.
Group managing director Graham Nichols said: "This will ensure that the group is funded appropriately."
By Linsey McNeill
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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