CWT sales rise to £8bn

Carlson Wagonlit Travel (CWT) has reported sales of £8.67bn for the first half of 2014 - a 2.7% increase year-on-year.

Doug Anderson, CWT
Doug Anderson, CWT

Transactions are up 4.2% to 32.5 million for the first six months of 2014 and new sales reached £450m. 

CWT also stated that it maintained a client retention rate of 98% as a result of a series of new products and services, including the CWT Travel Stress Index and the agency’s mobile app, CWT To Go.

Douglas Anderson, president & CEO, CWT, said: "We have seen strong performance in the first half of 2014. We will continue to deliver outstanding customer service as well as the new and enhanced services that our customers are asking for, such as mobile booking on our award-winning CWT To Go app."

Last June, Carlson acquired JP Morgan Chase & Co's (JPMC) remaining 45% stake of CWT for an undisclosed sum meaning the hospitality and travel company now owns 100% of CWT.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Hire Space Awards 2019 winners: The full list

Hire Space Awards 2019 winners: The full list

Comedian Robin Morgan led the ceremony at the National Gallery recognising the UK's best venues and event organisers.

15 entertainment ideas for corporate events

15 entertainment ideas for corporate events

All ideas should be sensory, memorable and participatory, says Mauri Gomes of Eventos Barcelona.

LinkedIn launches face-to-face meetings tool

LinkedIn launches face-to-face meetings tool

Online networking platform's event-organising feature marks its first step into the physical meetings market.

Why wellness isn't just for delegates

Why wellness isn't just for delegates

From taking time to see the sights to apps that help your sleep patterns, Top Banana's Ian Cooke has some wellbeing tips.

7 lessons for event planners from... Brexit

7 lessons for event planners from... Brexit

We asked industry figures what the Brexit process has taught them about planning and executing big events.

Inntel hires new head of business travel

Inntel hires new head of business travel

Senior appointment will manage business travel operations teams and mentor the agency's business travel consultants.

5 ways to bounce back from travel sickness

5 ways to bounce back from travel sickness

Wellness expert John Ayo shares his health tips to make sure you and your event don't have to suffer.

What's the biggest challenge for corporate event planners?

What's the biggest challenge for corporate event planners?

Panel of experts at Cvent Connect examine what will affect in-house event professionals most during the next three years.

Marketing budgets cut for the first time in seven years, says Bellwether Report

Marketing budgets cut for the first time in seven years, says Bellwether Report

Total marketing budgets fell in the third-quarter amid economic and political uncertainty, but outlook for 2020 is positive.

Another landmark year for Belfast after winning Best Events Destination 2019

It's been a record-breaking year for Belfast with stand-out numbers for business tourism sales and awards galore.

LATEST JOBS