TravelPass Group Ranked No. 155 Fastest Growing Company in North America on Deloitte’s 2016 Technology Fast 500
Deloitte’s Technology Fast 500™ ranked TravelPass Group No. 155 on its list of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Growth has been a constant for TravelPass Group, which grew 546 percent during the three-year period measured. TravelPass Group is one of five Utah companies ranked.
“We appreciate the recognition as it represents the outstanding work of our teams and our many partners over the years,” said Daniel A. Nelson, Executive Chairman of TravelPass Group. “The wave of innovation in the travel industry moves at a breakneck pace—and we love being a part of that to maximize distribution for hotel suppliers and help customers find the best deals and accommodations.”
Founded in 2007, TravelPass Group is building a technology marketplace with many hotel inventory sources giving travelers unsurpassed access to hotel choices. It operates five travel-related websites, including ReservationCounter.com and ReservationDesk.com.
“This year’s Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead,” added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. “Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors.”
About TravelPass Group
TravelPass Group is becoming a leading company in the travel industry with more than 10,000 room nights booked per day and annual sales reaching more than $400 million. Part of the Utah-based company Partner Fusion, TravelPass Group is a marketplace for independent and brand name hotels, wholesalers, and the largest travel agencies, such as Expedia and Priceline. It operates five travel-related websites, including ReservationCounter.com and ReservationDesk.com, and a best-in-class call center that help travelers access more than 1 million properties worldwide.
About Deloitte’s 2016 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. For more information, visit www.fast500.com