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2022 Recap: A letter from Danny Gumaste, CEO FareLadder

Dear Colleagues and Friends,

As we near the close of the year 2022, I find myself reflecting on the year we have had. It brings me immense pride and an absolute privilege to think about the milestones we have achieved together. Only with dedicated efforts, extensive planning, and efficient teaming at a global level could we have accomplished our cumulative wins.

We have seen consistent growth in our Independent Contractor Network throughout the year. Our efforts in maintaining agent-friendly programs, providing weekly settlement, reporting, and real-time commission tracking have borne fruit and aided the Network’s success. Our Network now stands 200-strong, and it’s quite a personal victory for me being a grassroots-level agent myself. It has always been my objective to provide every agent in our Network with a comprehensive infrastructure to run a successful operation while addressing their day-to-day challenges.

In the second quarter of 2022, after attending the Arabian Travel Market, we decided to position ourselves to expand geographically to enhance our global coverage further. Our latest establishment in Dubai has been selected precisely to provide our clients with an advantageous boost for the Middle East markets, which was soon followed by our decision to develop our proprietary Travel Portal GLOBETROTTER.

Globetrotter Travel Suite will feature six critical applications -

Globetrotter: A feature-packed white-label travel portal that allows users to Search and Sell Flights, Hotels, Cars, Holidays, and other travel products with the travel agency’s branding.

Globetrotter Trips: Allows agents to create comprehensive itineraries for their client’s every trip.

Wanderlust: A customized solution for our Destination Managements Partners focusing on the Land and Activities arrangements.

Balance: Web-based accounting software assisting with BSP & ARC reporting.

Globetrotter Expense: Globetrotter Expense is Fareladder’s profound version of the travel and expense management system, offering a powerful, cost-effective solution for travellers and finance managers. Globetrotter Expense automates every step of the process for expense management for employees and approvers, saving time and money for companies by combining travel expenses, workflows, policies, and comprehensive reporting in easy-to-use interfaces.

Loyaal: A powerful enterprise-grade loyalty rewards platform designed for mid to large-size businesses, Credit Cards, and Banks, enabling enterprises to easily launch a customized rewards program that unlocks customer loyalty across multiple dimensions, including transactional, social, referral, engagement, behavioral, and emotional loyalty.

At Fareladder, we consistently aim to provide top-notch industry expertise with bespoke travel solutions while staying focused on enhancing delivery with innovation to sustain the ever-changing travel landscape. With an aligned objective and determination to follow through, we will continue to achieve our goals year-on-year.

At this precipice, I would like to extend my deepest regards to my devoted Fareladder team members and all our network partners and suppliers for their gracious and unconditional support and constructive feedback.

Before we close the year, let’s take a pause. Let us all thank each other, spend time with our loved ones, and restore our spirits in joyful moments and festive cheer. I wish everyone Happy Holidays and Warm Wishes for a Prosperous and Healthy New Year.

With Sincere Gratitude,

Danny Gumaste

CEO, Fareladder


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