Youtravel.com is an easy-to-use travel agent company offering exclusive online access to booking hotels and resorts around the Mediterranean and others worldwide. Accommodation ranges from family-friendly options, to five-star all-inclusive resorts.

Youtravel.com was launched in October 2006 by travel entrepreneur John Kent, largely regarded as the pioneer of the accommodation-only sector after he set up Medhotels.com in 2002. Youtravel.com is one of the key players in the accommodation-only sector. It is a truly international company and has operations in the UK, Germany, Greece, Italy, Sweden, Ireland, Norway and France.

In mid-2010 Youtravel.com announced a new major shareholder, His Highness Sheikh Tahnoon Bin Saeed Al Nahayan, a member of the royal family of Abu Dhabi, ensuring that the group is funded appropriately as it moves into its fourth full-year as the UK’s leading independent bed-bank.

Products

Youtravel.com features more than 3,000 resort hotels in popular destinations throughout Europe – including the Balearic Islands, the Canaries, mainland Spain, Italy, Croatia, Greece, Malta, Turkey, Cyprus – as well as in Egypt, Morocco, Tunisia, Florida, Dubai and the Caribbean.

Youtravel.com offers the opportunity to book a wide range of products via its site from traditional riads in Marrakech or Florida villas through to three and four-star resort properties and world-leading luxury five-star hotels with board options from self-catering to all-inclusive.

Youtravel.com has expanded its product portfolio by more than 30 per cent in the past 12 months thanks to the introduction of new European and long-haul destinations. The growth in the portfolio reflects the maturing of the company in its fourth-year of trading.

Youtravel.com acts as agent for its customers and trade partners and also adheres to Abta guidelines.

Business update: August 2010

Accommodation specialist youtravel.com has reported that it has seen an improvement of more than 1 million euro in its third year of trading.

Group managing director Graham Nichols said: “We are delighted with this result, to make a profit in our third year in this challenging trading environment is a huge achievement. The 2009 group results (to year end October) showed excellent progress overall from previous years as we continued to grow turnover and manage our cost base.

“In 2010 this progress has continued and, despite the impact of the volcanic ash saga on the whole of the travel industry, the group is on course to make a profit of €1-€2m this year.This is, of course, after making the appropriate TOMS VAT payments as principal.”