40 | Montecito Village Travel

T0624MONTECITO_C_350 [Credit: Montecito Village Travel]
2023 sales: $400 million
Previous ranking: 39
Employees: 49 full-time

3329 State St.
Santa Barbara, CA 93105
Phone: (805) 969-5096
Website

Executives

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

COMPANY FACTS

* Privately held company, primarily a host agency.

* Works with 700 ICs.

* $360 million of sales by hosted agents.

* Sales: 65% leisure, 35% business.

* A member of Virtuoso.

2023 DEVELOPMENTS

* Restructured accounting with more automation.

* Enhanced reporting module for advisors on internal site.

* Continued development of tour and DMC-preferred supplier module.

* Integrated, easy-to-use commission tracking and commission-chasing tool on internal site.

LOOKING AHEAD

* Engaging with advisors at locations across the U.S. with MVT Management on the Road.

* Addressing all things Virtuoso, including training, events and optimizing resources through a dedicated position.

* Collaborating with preferred partners to ensure advisors have up-to-date promotions and material. Tools and resources include white-label marketing pieces, social media content and website optimization.

* Evolving its Book YTC online booking tool, enabling non-GDS advisors to easily book air, car and hotel. Company officials feel this is especially important as they navigate changing landscape of NDC.

* Coming off the best year in company history, seeing a 15% growth in sales through Q1 and forecasting it to continue, with cruise and tour leading the way.

* Adding agency groups, including fostering advisors seeking to grow their business through subagents and affiliations.

* Adding a middle advisor-recognition tier, Presidents Club Elite (for those earning $150,000 to $250,000 in commissions annually), to go along with Presidents Club (starting at $100,000) and Presidents Club Ultra (starting at $250,000).

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