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About FareHarbor
Industries
Consumer Software
Enterprise Software
Company Size
501-1,000
Company Stage
Seed
Total Funding
$110K
Headquarters
Denver, Colorado
Founded
2013
Overview
FareHarbor offers a cloud-based booking solution designed for tour, activity, and attraction operators. The platform helps businesses manage their operations by providing tools for online booking, payment processing, and inventory management. Users can access a centralized dashboard to oversee their business activities, customize payment schedules, and integrate with various platforms. FareHarbor also includes marketing tools, such as email campaigns and social media integration, to assist operators in expanding their reach. Unlike many competitors, FareHarbor operates on a commission-based model, charging clients per booking, which aligns its success with that of its customers. The goal of FareHarbor is to streamline the booking process for businesses in the travel and tourism industry, making it easier for them to manage their operations and grow.
Simplify's Take
What believers are saying
- FareHarbor's acquisition by Booking Holdings expands its resources and market reach.
- The introduction of Private Events solution boosts FareHarbor's service offerings.
- FareHarbor's new website packages cater specifically to tour and activity businesses.
What critics are saying
- The Rezdy-Checkfront-Regiondo merger creates a strong competitor in key global regions.
- Integration challenges with GoTo HUB could affect customer satisfaction and retention.
- Dependence on Booking Holdings' strategies may limit FareHarbor's autonomy and innovation.
What makes FareHarbor unique
- FareHarbor offers a centralized dashboard for comprehensive business management.
- The platform provides industry-low credit card rates at 1.9% + 30 cents per transaction.
- FareHarbor's integration with GoTo HUB enhances its operational capabilities.
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Funding
Total Funding
$110k
Below
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Parental Leave
Wellness Program
Remote Work Options
Hybrid Work Options
Professional Development Budget
Paid Holidays
Paid Volunteer Hours
Company News
The Rezdy-Checkfront-Regiondo booking system rollup has new leadership.Lawrence Hester, co-founder and former CEO of FareHarbor, will be the new CEO of the combined companies, which now operate under parent company Expedition Software Holding. Hester is a limited partner at Vertica Capital, the investment firm that funded the merger. He succeeds another former FareHarbor executive, Mark Loh, who has led the group of companies since a management shakeup early in 2024. Canada-based Checkfront and Australia-based Rezdy merged in July 2023, followed shortly after by the addition of Europe-based Regiondo. The deal gave the combined reservation technology (or res-tech) company expanded reach in three different major global regions (North America, Oceania and Europe, respectively)
Travel can a tricky business to be in when consumer confidence is so notably down. As PYMNTS CEO Karen Webster noted in a recent column, this isn’t a projection based on complex economic models or worst-case scenarios. It’s the simple math derived from actual consumer behavior already underway nationwide. Still, those impacts may take some [] The post Booking Holdings Defies Travel Slump With 7% Surge in Gross Bookings appeared first on PYMNTS.com.
FareHarbor Holdings, Inc. is excited to introduce Private Events, a powerful new solution designed to simplify and supercharge your private bookings and charters.
At the core of Booking Holdings’ long-term strategy is CEO Glenn Fogel’s belief in the impact of generative artificial intelligence (GenAI). He is looking to this technology as a cornerstone for long-term growth in the travel industry. “In a few days marks my 25th year at this company, and I’m more excited than ever about our potential with the transformative force of generative AI,” Fogel said to analysts Thursday (Feb. 20) during the company’s fourth-quarter earnings call. “It’s redefining how people will experience the world. GenAI is pushing the pace of technological innovation.”
FareHarbor is Hiring for 7 Jobs on Simplify!
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About FareHarbor
Industries
Consumer Software
Enterprise Software
Company Size
501-1,000
Company Stage
Seed
Total Funding
$110K
Headquarters
Denver, Colorado
Founded
2013
FareHarbor is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today