As you may have heard, Questex Media Group, the parent company of Travel Agent Magazine, Luxury Trm and Luxury Travel Expo, has reported that it has reached an agreement with its senior lenders that allows it to reduce the company's debt and strengthen its capital structure. The company's lenders and a private equity firm continue to support the business, and in fact, have contributed more capital during this amicable financial restructuring.

This does not affect our staff, suppliers or clients. We will continue to deliver the same excellent client services we have been known for the past 80 years. We continue to end the year on an upswing in both print and digital media.

Our 2010 growth initiatives include increased focus on lead generation digital platforms, launches of more educational programs, the introduction of more print editions, and the establishment of more special events and conferences. Our Luxury Travel Expo is on track to again be the largest gathering of travel agents in the world. Our commitment doesn't change, educating travel agents on selling travel. Below are summaries of our exciting growth initiatives. 
John McMahon
Vice President/Group Publisher