Articles tagged “ctm”

It's a strategic move to get a better foothold in the small and medium-sized company sector, and the future will be smaller.

From Brisbane to Nebraska, Corporate Travel Management's second takeover this year comes at a symbolic six months into the crisis. Are the floodgates now open to industry consolidation?

From the outside, it seems the travel management company has gone into survival mode. Post-Covid, it will look a lot leaner, and more attractive to potential buyers.

Evacuations are difficult at the best of times. Now corporate travel agencies are battling border closures, offline bookings, canceled flights and quarantines.

There have been layoffs, but the slimmed-down CTM is upbeat with its suitable mix of corporate customers and domestic business model. Will the optimism last?

Archaic throwback to the 1980s, or an indispensable service for the Covid-wary business traveler? Possibly the latter, but with a virtual twist.

It's becoming increasingly clear there’s no one-size-fits-all method to restart corporate travel, as companies will need the right combination of internal processes, government approvals, and traveler sentiment. It could be a long wait.