CTM sees big earnings growth

Buying Business Travel | August 21, 2019

Corporate Travel Management (CTM) has reported  solid earnings growth, with net profit increasing 12 per cent year-on-year.The global TMCTravel Management Company: An agency which manages business travel for a company. saw total transaction value increase 30 per cent to AUS$6.46 billion in the year ending 30 June, driven by market share gains in the US, Europe, Australia/New Zealand and Asia.Underlying earnings rose 20 per cent to $150.1 million – the top end of CTM’s guidance – while net profit grew to $86.2 million.The company saw particularly strong earnings growth in Asia, partly thanks to the acquisition of Hong Kong-based Lotus Travel Group Limited.

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Spotlight

Transportation drives the global economy with thousands of interdependent systems working to ensure that the world’s never-ending flow of goods, services, and people never stops. Every turn, every stop along the way, Eaton power management solutions are there.

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HOSPITALITY TRENDS

INTERNOVA TRAVEL GROUP ADDS 128 LUXURY PROPERTIES TO SELECT HOTELS & RESORTS COLLECTION

INTERNOVA TRAVEL GROUP | February 11, 2022

Internova Travel Group, one of the world's largest travel services companies, is expanding its SELECT Hotels & Resorts collection with the addition of 128 expertly chosen luxury properties from aroundThese new partners range from traditional luxury hotels in the heart of the world's great cities to marvels of historic preservation and remote retreats set amid breathtaking landscapes. They join a collection of approximately 1,400 distinguished properties that offer special amenities to clients who book travel with advisors affiliated with Internova Travel Group's international family of travel brands. Guests who book their stay at a SELECT hotel or resort through a travel advisor affiliated with Internova can enjoy amenities that are unique to the program. Based on availability, those perks may include resort credits, room upgrades, complimentary breakfast, early check-in and late check-out and basic Wi-Fi. "The list of SELECT Hotels & Resorts has evolved to become even more carefully curated and to meet changing consumer preferences, It includes only those properties that demonstrate exceptionally high standards." As a result, Herrera added, "Internova's network of travel advisors can better assist their discerning clients in planning an incomparable luxury vacation." -Albert Herrera, Executive Vice President, Partner Relations at Internova Travel Group. This year's additions include Stanly Ranch, nestled in the wine country of northern California's Napa Valley; Costa Rica's Hacienda AltaGracia, a wellness resort on 180 acres of rolling hills and tropical forest; Umbria's soon to be re-opened Castello di Reschio, which offers a slice of timeless Italy; and Tanzania's Four Seasons Safari Lodge Serengeti, in the heart of the world's most celebrated wildlife preserve. Working with a travel advisor leads to greater satisfaction, better, more personalized travel experiences and overall peace of mind for travelers. For help navigating any travel plans, contact your Global Travel Collection, ALTOUR or Travel Leaders Network travel advisor or connect with one through Internova Travel Group 's BookHuman.Travel. Internova Travel Group represents more than 62,000 travel advisors worldwide. To find out more about Internova Travel Group's SELECT program, visit experienceselectnow.com. About Internova Travel Group Internova Travel Group is one of the largest travel services companies in the world with a collection of leading brands delivering high-touch, personal travel expertise to leisure and corporate clients. Internova manages leisure, business and franchise firms through a portfolio of distinctive divisions. Internova represents more than 62,000 travel advisors in over 6,000 company-owned and affiliated locations predominantly in the United States, Canada and the United Kingdom, with a presence in more than 80 countries.

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Safer-Tourism Alliance Launches Covid-19 Travel Website

Safer-Tourism | September 03, 2020

Three leading US companies have teamed up to form the Safer-Tourism Alliance (STA) to offer the travel and tourism industry technology-driven and innovative solutions for safer tourism as a result of Covid-19 based on the principle of managed risk achieved through effective testing, training and tracking (3Ts).

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TRAVEL TECHNOLOGY

EButler and Eddy Travels Launch A New Travel Service, In Time For The Summer Vacations

EButler, Eddy Travels | May 04, 2021

Arranging the principal post-pandemic excursion has recently got a ton simpler for the inhabitants of Qatar, as EButler today dispatched another organization with Eddy Travels man-made brainpower (AI) travel associate. In a basic talk, the completely mechanized AI aide is accessible every minute of every day to help EButler's clients look for the best aircraft and inn bargains globally. EButler, a mainstream online attendant stage in Qatar, interfaces clients to many the best specialist organizations covering each part of their lives. Beginning today, EButler's individuals can look for the best flight and inn offers by talking with an AI travel colleague created by Eddy Travels, consistently incorporated into Ebutler portable applications. "At EButler, we will likely make an unbelievably advantageous encounter for our clients each time they need something in their life. As we endeavor to increase present expectations, we are continually searching for top-notch organizations. We are incredibly eager to collaborate with Eddy Travels, who offers a novel encounter not found elsewhere on the planet," noted Omar Ashour, Co-Founder, and CEO at EButler. "We are pleased to dispatch a weighty association with EButler, the first in Qatar for Eddy Travels. EButler's team accomplished astounding work coordinating the Eddy Travels AI associate into their application. Therefore, Qatari explorers can begin arranging their next merited occasions by communicating something specific," said Edmundas Balikonis, Co-Founder and CEO at Eddy Travels. EButler's application is accessible on Android or iOS gadgets. Inside the application, individuals will track down another "Travel" class that will open a talk window with the Eddy Travels AI associate. Clients simply need to send an instant message to the advanced travel associate, and it will begin looking for flights or convenience. Housing alternatives are given in association with Booking.com, the world's most extensive inn booking framework. The new association project is upheld by Kiwi.com, the imaginative travel-tech organization, which controls more than 100 million inquiries consistently. "EButler and Eddy Travel teams worked effectively assembling the AI-controlled travel arranging administration that is advantageous and enjoyable to utilize. We are pleased to be suppliers of flight and ground transportation stock, including Virtual Interlining. Together we'll make it simple for the Qatar explorers to consistently track down their ideal agenda, at the most minimal cost." Oliver Dlouhy, CEO, and Co-originator at Kiwi

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