Create the future you want! Learn to make money online. Visit our website and start today! www.exclusivebizopps.com
Joystar Announces Dramatic Increase in Travel Bookings
Joystar Announces Dramatic Increase in Travel Bookings
Preferred Supplier Relationships and Growth in Membership Driving Sales
ALISO VIEJO, Calif., June 9 /PRNewswire-FirstCall/ -- Joystar, Inc. (BULLETIN BOARD: JYSR) , the nation's largest and fastest growing travel agency network announced today the Company is experiencing double digit growth month over month in travel sales for 2005.Travel bookings for the months of April and May were $1,100,000 and $1,300,000 respectively compared to total gross sales for the first quarter of 2005 of $469,000. The Company contributes the opening of its Miami Cruise Center, several new preferred supplier relationships and increased commission opportunities for the Company's travel agents as the driving force behind these dramatic increases.
William M. Alverson, CEO of Joystar commented, "We are very pleased with the growth in travel bookings we are experiencing, which is all organic. We are growing faster than we had planned and we feel we are strengthening our daily position as the leader in our category of the travel industry."
It's nice to begin to see the fruits of our labor. We have invested significant dollars in both technology and human capital over the past two years in our quest to be the dominant player in the emerging home-based travel agent category. We are thrilled to experience this rapid growth and hope to be at $50,000,000 in annualized sales by the end of the third quarter of this year.
At the same time, professional agent membership continues to grow at an unprecedented rate. We are also experiencing double digit growth month over month in our professional agent memberships and anticipate reaching the 2000 agent market sometime this month.
Although bookings do not constitute revenue or income under generally accepted accounting principles, the Company feels that the increase in its bookings are an indication more and more of the amount of consumer buying its travel agent network is capable of generating and that the travel agent community is choosing Joystar as its partner.
About Joystar, Inc.
Joystar is the nation's largest and fastest growing travel agency network. The Company specializes in selling complex travel products including cruises, vacation packages and group travel through its national sales force of 1,500 professional agents. Joystar's comprehensive business combines innovative technology, marketing opportunities and expert support services to the Company's independent and home-based travel agents. With Joystar, professional travel agents can concentrate on promoting travel and creating customer loyalty without the administrative and financial burden of owning/operating a traditional storefront travel agency.
Safe Harbor Act
"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. Joystar, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by Joystar, Inc. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, and (iii) obtain additional financing, changes in general economic and business conditions (including in the online business and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, risks in connection with acquisitions, the time and expense involved in such development activities, the level of demand and market acceptance of our services and changes in our business strategies.
Additionally, forward-looking statements concerning the performance of the travel and leisure industry are based on current market conditions and risks, which may change as the result of certain regulatory, political or economic events, a shift in consumer travel preferences, as well as those risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, which could cause actual events or results to differ materially from the events described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements.
Source: Joystar
Share this:
More about:
- BlueTie Business Email and Collaboration Services
- Latest Study Shows Continued Growth in Online Travel Bookers
- Joystar signs up with Amadeus
- Expedia, Inc. Announces Second Quarter Financial Results
- Business Travel On the Rise as Competition Continues to Force Airline Ticket Prices Down
- Galileo International to Select KDS Technology
- Airlines ride rising fuel costs
- Mobissimo launches in India




