Wilkes-Barre, PA (August 19, 2009) – Sundance Vacations is the fastest-growing travel company in Pennsylvania according to Inc. 500/5000. The company was recently recognized by Inc Magazine as one of the nation’s Fastest-Growing Private Companies in America. While Sundance Vacations ranked 4,718 on the Inc. 500/5000 list, no other Pennsylvania travel business ranked higher than this Wilkes-Barre based wholesale travel company.
The 2009 Inc. 5000, revealed on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than one million jobs since their founding; making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.
Sundance Vacations is honored to be a part of the Inc. 500/5000. The company’s growth despite the on-going recession was recently noted in a Wilkes-Barre local newspaper The Times Leader by reporter Ron Bartizek. Bartizek beat Inc. 500/5000 to the punch with his piece “Sundance finds a Sweet Spot in our Sour Economy”. “While the daily economic news continues to be gloomy, this recognition is a bright spot for Sundance Vacations and our 700 national employees,” explained Sundance Vacations President John Dowd.
Sundance Vacations executives will attend the Inc. 500|5000 Conference and Awards Ceremony held in September at the Gaylord National Resort and Convention Center in National Harbor, Maryland. The conference held by Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
Sundance Vacations is a national travel company that specializes in wholesale vacation accommodations. The company is headquartered in Wilkes-Barre, Pennsylvania and maintains offices in six other locations including; Rockaway, NJ; Princeton, NJ; King of Prussia, PA; Harrisburg, PA; Downers Grove, IL, and Brookfield, WI. Sundance Vacations is a highly rated member of the better business bureau, rated 12th Best Place to Work in Pennsylvania by Best Companies Group, and 17th Best Place to Work out of 30 finalist companies from the Best Place to Work Illinois program. The company was also recently honored as Sales Department of the Year in the 3rd annual Stevie Awards for Sales & Customer Service.
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