Apr 15, 2011

Hometown Paper Says YTB Is Out Of Travel Business

From the local media in Wood River, it seems that YTB is giving up on the travel business:
YTB is now in the business of selling items at retail via the Internet. It once operated a nationwide travel sales company, which critics called "a giant pyramid scheme."
But don't tell any of the people that are sending in $49.95 a month, YTB needs the money!

And this certainly does not sound like a company on the upswing.
Most of the top officials of the company have left. It has sold its former headquarters building in Edwardsville and its building in Wood River. The company now leases a small space in its former sprawling location in Wood River.