15 | Fareportal

T0624FAREPORTAL_LOGO_350 [Credit: Fareportal]
2024 sales: $3 billion
Previous ranking: 15
Employees: 2,400 full-time

137 W. 25th St.
New York, NY 10001
Phone: (718) 516-5392
Website

Executives

EXECUTIVE CHAIRMAN: Sam S. Jain
VICE CHAIRMAN: Werner-Georg Kunz-Cho
CFO: Sandeep Gill
CHIEF DIGITAL OFFICER: Sudev Balakrishnan
COO: Robert Sumner
CHIEF COMMERCIAL OFFICER: Scott DeAngelo
GENERAL COUNSEL: Chad Yohn
HEAD OF PEOPLE & CULTURE: Jeremy Wee

COMPANY FACTS

* Privately held.

* Sam S. Jain is majority shareholder.

* Sells travel products directly to consumers; sells application programming interfaces and white-label solutions to B2B customers.

* Sales: 93% leisure, 7% business.

DEVELOPMENTS

* Increased investment to offer mobile "during-travel" services.

* Implemented customized agent services to assist customers with international bookings.

* Launched new fintech offerings.

* Improved AI-powered integration, especially for advanced content in NDC.

LOOKING AHEAD

* Accelerating growth by being a mobile-first company.

* Providing customers with more content by integrating a wide variety of sources.

* Identifying new business segments and locations to create greater value for its customers.

* Continuing expansion of API and other solutions for B2B business.

* Expanding customer servicing options, including self-service tools and chats.

* Expecting demand for travel in 2025 to maintain steady growth as macroeconomic trends continue to influence customer, business and airline sentiments.


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