39 | Montecito Village Travel

Montecito Village Travel
2022 sales: $260 million
Previous ranking: Not ranked
Employees: 43

3329 State St.
Santa Barbara, CA 90315
Phone: (805) 969-5096
Website

Executives

CEO/CHAIRMAN: Colin Weatherhead
PRESIDENT: Robin Sanchez
CHIEF MARKETING OFFICER: Chris Weatherhead
CHIEF RELATIONSHIP OFFICER: Connie L. Miller
CHIEF ACCOUNTING OFFICER: Geana Bielenda
COO: Shane LeFeber

Company facts

* Privately held company, primarily a host agency.

* Colin Weatherhead is majority shareholder.

* $234 million of sales by hosted agents.

* Works with 675 independent contractors.

* Sales: 65% leisure, 35% business.

* A member of Virtuoso.

2022 Developments

* Enhanced online booking tool, BookYTC, to include commissionable airfares.

* Expanded advisor portal, YTC360, with supplier information, white-label marketing and advisor workflow efficiencies.

* Expanded travel advisor opportunities via Reserve trips.

* Created quarterly virtual 1:1 networking opportunities (MVT mixers) in which suppliers and advisors connect.

* Restructured and automated accounting processes, commission tracking/chasing and agent reporting.

Looking ahead

* Focusing on agency groups, including fostering advisors seeking to grow their business through sub-agents and affiliations.

* Establishing a focus group to assess advisor workflow efficiencies and existing products.

* Developing accounting processes to streamline day-to-day operational activities.

* Expanding advisor support personnel to meet growing needs and additional services.

* Corporate travel is on the rise, nearing 2019 numbers.

* Anticipates the explosive growth in travel will remain strong but level out in Q3 and Q4.

* Cruise sales are on the rise and will continue to do so throughout the year. The growth of the luxury hotel market continues to escalate.


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