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Corporate Travel Management (company)

From Wikipedia, the free encyclopedia
Corporate Travel Management Pty Ltd (CTM)
Company typePublic
ASXCTD
IndustryCorporate Travel Management
HeadquartersBrisbane, Australia
Area served
Worldwide
Websitetravelctm.com

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

History

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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.[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] 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

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References

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