Corporate Travel Management (company) explained

Corporate Travel Management Pty Ltd (CTM)
Type:Public
Industry:Corporate Travel Management
Predecessors:-->
Successors:-->
Hq Location:Brisbane, Australia
Area Served:Worldwide
Website:travelctm.com

Corporate Travel Management Ltd is a travel management company.[1] [2]

History

The company expanded into North America in 2020 following the acquisition of an Omaha-based TMC called Travel & Transport.[3]

On 26 February 2021, the UK-based Good Law Project reported that CTM had been awarded two Covid-related contracts with the UK government.[4]

In December 2021, CTM announced the acquisition of the Helloworld Travel Group's corporate and entertainment brands.

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] The Bibby Stockholm barge, subcontracted by CTM[6] at Portland Port, Dorset, began housing asylum-seekers on 7 August 2023, amid concerns about fire risks[7] and other safety concerns.[8] On 11 August 2023, the 39 asylum-seekers accommodated on the Bibby Stockholm were evacuated following positive tests for legionella on board.[9]

In July 2023, ethical fund Future Superhas told the Guardian Australia it would 'divest its holdings in CTM due to concerns' over the CTM's involvement in the Bibby Stockholm.[10]

See also

Notes and References

  1. Web site: Corporate Travel Management. Travel Weekly. 18 May 2023.
  2. Web site: Nichols . Nick . Corporate Travel Management shares surge on $3b contract with UK Home Office . 2023-05-18 . Business News Australia . en.
  3. Web site: Parsons . Matthew . Australia’s Corporate Travel Management Staffs Up Anticipating Busier Times . 2023-05-18 . Skift . en.
  4. Web site: 2021-02-26 . Australian travel firm handed controversial Covid contract following call from person “close to” Boris Johnson . 2024-05-20 . Good Law Project . en-GB.
  5. Web site: 2023-06-16 . Revealed: Australian firm awarded £1.6bn contract for asylum barges and accommodation . 2023-09-02 . The Independent . en.
  6. Web site: 2023-07-20 . Australian firm CTM awarded £1.6bn contract for UK asylum barges . 2023-09-02 . Marine Industry News . en.
  7. News: Syal . Rajeev . Taylor . Diane . 2023-08-01 . Bibby Stockholm asylum barge is ‘potential deathtrap’, say firefighters . en-GB . The Guardian . 2023-09-02 . 0261-3077.
  8. News: Taylor . Diane . Adu . Aletha . 2023-08-06 . Bibby Stockholm move-ins planned for Monday despite outbreak warnings . en-GB . The Guardian . 2023-09-02 . 0261-3077.
  9. News: Taylor . Diane . 2023-08-14 . Legionella on the Bibby Stockholm barge: five questions for Home Office . en-GB . The Guardian . 2023-09-02 . 0261-3077.
  10. News: Barrett . Jonathan . 2023-07-27 . Ethical fund to sell shares in Australian firm CTM over concerns it profits from asylum seeker detentions in UK . en-GB . The Guardian . 2023-09-02 . 0261-3077.

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