CWT Meetings & Events reports 12% global growth

Agency CWT has recorded an overall sales volume of £17bn ($24.2bn) for 2015, with its meetings and events division seeing 12% global growth.

President and CEO of Carlson Wagonlit Travel, Douglas Anderson
President and CEO of Carlson Wagonlit Travel, Douglas Anderson

CWT reported it had increased new business sales to £1.2bn, while its overall transactions increased by 1.3% to 61.4m.

CWT Meetings & Events recorded 12% growth globally, which it put down to the trend of ‘global companies seeking new opportunities to consolidate, make effective use of their budget spend and improve their meeting and event delegate experience.’

The meetings and events division organised more than 27,500 meetings and events in 2015 for more than 1.2 million delegates. It also acquired French events agency Ormès, creating one of the largest event agencies in France.

Douglas Anderson, president & CEO of CWT, said: "2015 was a challenging year for the industry overall given the continued sharp fall in energy prices and oil in particular. We nevertheless delivered solid results.

"Our solid results demonstrate our ongoing commitment to help our clients run cost effective travel programmes and our travellers to safely reach their destination."

More:

CWT announces changes to senior team

Security the key focus for business travellers, says CWT

Business demand for luxury hotels drops by a fifth, says CWT

• For more breaking news, as well as in-depth features and case studies, sign up to C&IT Magazine's daily Newstracker here

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Inspirational Venues & Events hires operational director

Inspirational Venues & Events hires operational director

Inspirational Venues & Events has appointed Amina Bentamoune as operations director.

How to exceed expectations rather than budgets

How to exceed expectations rather than budgets

'The element of surprise costs no more than the predictable,' says Steve Pinnock of Performance and Event Management.

Hotels of Abu Dhabi

Hotels of Abu Dhabi

The Middle Eastern destination offers the ultimate in luxury, with sandy resorts by the sea, spacious meeting rooms and sumptuous dining.

Sleek Events hires new commercial director

Sleek Events hires new commercial director

Boutique events agency adds a new top-level member of staff following 'exponential growth' since 2015.

World's most 'in-demand' event destinations for 2019 revealed

World's most 'in-demand' event destinations for 2019 revealed

Spain, Thailand and China top the list for event planners, with growing interest in Peru and European destinations, according to Pacific World.

Why are there 'more women' in the events industry?

Why are there 'more women' in the events industry?

Heléna Vella, head of incentive travel at SevenEvents, discusses why diversity in the events industry remains a challenge.

Why 'edutainment' means more engaged delegates

Why 'edutainment' means more engaged delegates

Personal development expert Ross McWilliam examines ways of helping delegates get more from conferences.

In pictures: Great Agency Bake Off 2019

In pictures: Great Agency Bake Off 2019

Excel London hosted the annual GABO event, putting agencies baking skills to the test.

World's largest rooftop urban farm opening in Paris in 2020

World's largest rooftop urban farm opening in Paris in 2020

Farm on roof of Paris Expo Porte de Versailles exhibition complex will offer event space and team-building activities.

What now for visas, biometrics and the future of travel?

What now for visas, biometrics and the future of travel?

Applying for visas can be slow, painful and confusing - but is it about to get worse or can tech help make it easier?

LATEST JOBS