Travel Franchise Sells 100th Franchise
Wednesday, April 27, 2011 at 3:07PM 
Online travel franchise website, MyDestinationInfo.com, today celebrated a landmark occasion with the sale of its 100th franchise.
Hong Kong is the latest addition to the global network of travel guides, marking a major milestone for the business which was founded in 2006 with a budget of £600 and now has an annual turnover of over £1.5 million which is forecast to rise to £5 million by the end of the current financial year.
Hong Kong is the site’s second destination in China, a strategic new market for MyDestinationInfo.com. The website www.myhongkonginfo.com will be launched by local residents, Mr Patrick and Mrs Mei, and is expected to be available to the public by December.
The sale of the Hong Kong franchise follows a series of other recent franchise sales covering the Isle of Wight, Orlando and Chile. The Chile franchise has been bought by Alexander Johnston and is the network’s first site in South America. The Orlando franchise is owned by brothers Matt and Travis Hope, who have a combined eleven years of living in the Florida city.
“It’s hard to imagine that only five years ago we were about launch our very first site. Over that period, MyDestinationInfo.com has seen exponential growth and the sale of the 100th franchise shows a real appetite for investment in the company” said Neil Waller, co-founder of MyDestinationInfo.com.
“These latest franchises signify our expansion into the important markets of Asia, South America and the United States. Our growing portfolio of destinations reflects the truly global business that MyDestinationInfo.com has become and cements our position as a leading competitor to other travel brands.”
MyDestinationInfo.com allows users to access insider information from resident experts who live, sleep and breathe the destinations they write about.
Launched by entrepreneurs Neil Waller and James Street with marbellainfo.com, MyDestinationInfo.com now employs a staff of 40 people in its London and Marbella offices and is soon to open an office in Los Angeles. The site attracts over 750,000 unique monthly visitors, increased from 350,000 this time last year.
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