Denver, CO, Aug. 24, 2012 (GLOBE NEWSWIRE) -- Inc. magazine today ranked Travelers Haven NO. 591 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing, private companies. The list represents the most comprehensive look at the most important segment of the economy--America's independent entrepreneurs. Ranked at 591, Travelers Haven is among the top 15% of all companies on the list, and 13th in the Denver Metro area.
Unified Payments tops this year's list. Travelers Haven joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly's, among other prominent brands featured on this year's list.
Travelers Haven provides corporate housing solutions that reduce the cost of providing housing to employees. With rental rates on the rise Travelers Haven has experienced an increase in demand of cost effect effective housing solutions.
"We are honored to be named to the Inc. 5000 list for the third year in a row" Said Elia Wallen, President, Travelers Haven.
"Our ability to provide corporate housing for less than previously thought possible has been a major driver in our growth. We've combined a cost effective solution with excellent customer service during an economic downturn. It's been a very successful mix for us."
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year's list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
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 at www.inc.com/5000.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg.
Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2012. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.