Company type | Public |
---|---|
ASX: CTD | |
Industry | Corporate Travel Management |
Headquarters | Brisbane, Australia |
Area served | Worldwide |
Website | travelctm.com |
Corporate Travel Management Ltd is a travel management company. [1] [2]
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]
Company type | Public |
---|---|
ASX: CTD | |
Industry | Corporate Travel Management |
Headquarters | Brisbane, Australia |
Area served | Worldwide |
Website | travelctm.com |
Corporate Travel Management Ltd is a travel management company. [1] [2]
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]