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Corporate travel management is the function of managing a company’s strategic approach to travel (travel policy), the negotiations with all vendors, day-to-day operation of the corporate travel program, traveler safety and security, credit-card management and travel and expenses ('T&E') data management.
Christopherson Business Travel is a corporate Travel Management Company headquartered in Salt Lake City, Utah and founded in 1953.. Christopherson is the largest travel agency in Utah, [1] and the largest national travel affiliate of BCD Travel, with pre-pandemic sales US$682 million in annual sales (2018) and more than 480 employees.
Radius Travel is a privately held global travel management company with headquarters in Washington, DC, USA. Radius designs and delivers travel programs for multinational companies through a network of travel agencies. [1] The Radius network is made up of 100+ agencies and manages over US$30 billion of annual corporate travel spending. [2]
Helloworld Travel is an example of a franchised travel agency, giving agents access to internal systems for product and bookings. [20] While most point-to-point travel is now booked online, traditional agents specialize in niche markets such as corporate travel, luxury travel, cruises, complicated and important trips, and specialty trips. [21]
CWT has existed in its present form since 1994, the result of a 50%/50% merger of two large travel agencies: the Ask Mr. Foster Travel Agency chain, later called Carlson Travel Network, and the travel agency of Compagnie Internationale des Wagons-Lits (literally sleeping car), founded by Georges Nagelmackers in 1872 in Belgium and later acquired by Accor.
In December 2021, CTM announced the acquisition of the Helloworld Travel Group's corporate and entertainment brands. [1] In June 2023, the Independent reported CTM had been awarded a £1.6 billion contract to house asylum-seekers in the UK, including on barges. [5]
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