46 | Cadence Travel

T0626CADENCE_C_350 [Credit: Cadence]
2023 sales: $300.6 million
Previous ranking: 40
Employees: 91 full-time

7701 Herschel Ave.
La Jolla, CA 92037
(858) 551-4000
Website

Executives

CEO/FOUNDER: Wendy Burk
CHAIRMAN: Harold Frysh
CHIEF OF STAFF: Eitan Geft
VP, MARKETING AND PARTNERSHIPS: Elisa Pak

COMPANY FACTS

* Privately held company.

* Wendy Burk is majority shareholder.

* Manages business travel, plans meetings and incentive travel programs, creates bespoke personal leisure travel experiences through internal team. Also powers a host agency.

* Works with 180 independent contractors.

* $207.4 million in sales by hosted agents.

* Sales: 69% leisure, 13% business, 18% other.

* A member of Virtuoso and a Forbes Travel Guide-endorsed agency.

2023 DEVELOPMENTS

* Surpassed $300 million in sales for the first time, with record-high revenues for second straight year.

* Established full-time, senior-level position dedicated to company culture.

* Elevated and formalized Cadence Travel's marketing and partnership program.

* Started running on EOS (Entrepreneurial Operating System), which has provided clarity,  consistency and transparency throughout the company.

LOOKING AHEAD

* Launching comprehensive back-office and CRM platform.

* Expanding booking tool capabilities.

* Surpassing 120 preferred partner programs, adding selectively every month.

* Expects all business to exceed 2023 levels, with the highest percentage increase in business travel. A meaningful increase in NDC bookings is anticipated. Several product launches are scheduled and are on track for this year. 


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