That’s where JetLux comes in. Steve Aylsworth, its chief executive, said the company grew out of his other venture, Jet Luxury Resorts, which manages and rents out condos and residences in luxury hotels.
“From that initial experience, we saw that 80 percent of our travel was small business related,” he said.
Today, more than 5,500 companies have an account with JetLux. Once a customer identifies the dates of travel, location and price range, JetLux finds a hotel that fits its needs. Aylsworth said their customers typically save between $200 and $1,500 on each reservation through JetLux compared with booking with a hotel directly.
“We’ve saved as much as $7,000 on a reservation,” he claimed.
The company works with more than 80 hotels nationwide and recently expanded to Canada. It is in the process of partnering with hotels in Europe, South America and Asia, Aylsworth said.
The percentage of each booking JetLux takes varies depending on the hotel, volume and type of room. After launching the company with a friends and family round, Aylsworth said JetLux is looking to raise more money as the 12-employee business scales and moves into the black.
“We’re coming off two consecutive profitable quarters this year,” he said. “We believe we’ll be profitable this year.”
Sherman Oaks video services provider Vubiquity has named a new team of senior executives as it looks to expand globally. Longtime employee Pete Bryant has been promoted to executive vice president of corporate development and strategic business development. Meanwhile, Gabriel Berger has been hired as senior vice president of business development. … Former CD Baby President Brian Felsen has joined L.A. YouTube music monetization service AdRev as president. … Los Angeles Venture Association board members Alan Spatz, Chris Krogh and Shuki Lehavi have been elected president, treasurer and secretary, respectively, of the group. … Culver City multichannel network Collective Digital Studio has hired former CNN national sales executive Scott Weller as chief revenue officer. … Ladera Heights digital publisher Evolve Media has hired Betsy Novak as vice president of sales for the western region. She joins the company from Angry Birds game developer Rovio Entertainment.
Staff reporter Omar Shamout can be reached at firstname.lastname@example.org or (323) 549-5225, ext. 263.
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