Founder of Youtravel.com John Kent has stepped down as chief executive, taking on the role of chairman of the accommodation-only supplier.
Jacky Bedlow, who was deputy to the CEO of Hotels4u.com, a subsidiary of Thomas Cook, will be the new CEO.
Anne Roesener, chief officer of business development and responsible for youtravel.com within the FTI Group, said: "We would like to thank John for his outstanding work and personal commitment as CEO and we are pleased that he will continue to contribute his experience to youtravel.com and to the FTI GROUP."
