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Cadence
Cadence

Travel Weekly

time2 days ago

  • Business
  • Travel Weekly

Cadence

2024 sales: $326.5 million Previous ranking: 46 Employees: 88 full-time 7701 Herschel Ave. La Jolla, CA 92037 Phone: (858) 551-4000 Website $326.5 million4688 full-time7701 Herschel Jolla, CA 92037Phone: (858) 551-4000 Executives FOUNDER/CEO: Wendy Burk CHIEF OF STAFF: Eitan Geft CHAIRMAN: Harold Frysh COMPANY FACTS * Privately held. * Wendy Burk is majority shareholder. * A mix of hosting and direct travel management. * Works with 220 independent contractors. * 70% of sales completed by hosted advisors. * Sales: 70% leisure, 18% business, 12% meetings and incentives. * A member of Virtuoso and a Forbes Travel Guide-endorsed agency. DEVELOPMENTS * Doubled its dedicated host agency support team from 13 to 26 with new leadership. * Implemented TripSuite for its independent affiliate advisors and their teams to offer a comprehensive back-office/CRM platform that modernizes operations and business intelligence. * Expanded its preferred partner roster, totaling 135 by the end of the year. * Boasted a 99% client retention rate year over year in business travel management and its meetings and incentives divisions. * Planned its 10th annual industry event, the Magellan Award-winning, invitation-only Cadence Connects, which was held May 7 to 9, 2025, at the Hotel del Coronado near San Diego. LOOKING AHEAD * Accelerating development in its business travel management and meetings and incentive divisions. * Expanding its host agency membership. * Developing new partnerships with key suppliers to expand its preferred partner program. * Increasing the quantity and quality of advisor events and activations. * Enhancing its business coaching resources for advisors. * Cautiously optimistic for continued growth over 2024.

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