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Key appointments at youtravel.com
Thursday, November 30, 2006
youtravel.com striked again with the appointments of Vasilis Syngelakis and Ian Coyle to key positions.Vasilis Syngelakis is appointed as from December 1st as Group Hotels Director and Product Strategy. Vasilis was acquired from Electra Group of Hotels where he spent few months as Sales Director. Before his employment with Electra Group, Vasilis spent 4 years as Purchasing Director in Medhotels & Lastminute, and 15 years to Jetair (part of TUI group).

Ian Coyle is appointed as from December 1st as International Sales & Marketing Director. Ian was doing consultancy for the past months, where previously he has spent 9 years with Holiday Autos as Sales & Commercial Director.

John Kent said those two appointments are coming to further strengthen our management team here at youtravel.com; Ian will be leading the International Sales and we expect that with his experience he will be able to successfully manage and lead the increased demand for our product in European markets. Vasilis is coming to further strengthen and lead our purchase and product team, so as we are able to deliver the most competitive product in the market, despite any aggressive tactics that we have recently seen in the marketplace.

John has added that We are currently looking into different acquisitions avoiding giving further details.
Theodore Koumelis - Thursday, November 30, 2006
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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