The next piece of Corporate Travel Management’s North American expansion plan has been put in place today with the acquisition of Alaskan based TMC USTravel. The acquisition, effective 1 July 2014, positions CTM as one of the largest TMCs in the Alaska and Pacific Northwest region of the USA and expands our North American network to over 17 cities across 7 states.
CTM’s Managing Director, Jamie Pherous said, “We are delighted to have UST become our regional base for the Pacific Northwest. It possesses all the qualities that we look for, having a great service reputation, a dedicated team and great management.”
“The combination with our successful and well established offices in the central and southern USA will allow us to better leverage our combined buying power, client facing solutions, and support expertise moving forward.”
UST will become CTM’s regional headquarters for the Pacific Northwest (PNW). The PNW, including Alaska, Washington State and Oregon are regions that value local and personalised service solutions which both CTM and PNW pride themselves on.
The significant Alaskan resources industry is complementary to both CTM’s client base and established centres of excellence in Houston, Perth and Singapore while the emerging technology powerhouse of nearby Seattle plays into CTM’s technology driven product offering. UST’s extensive knowledge and expertise in the management of US Government travel also further compliments CTM’s government sector strategy throughout our global network.
The President of UST, Linda Eliason claimed, “The opportunity to become a part of the wonderful team that CTM has built will allow UST to enhance our product and service offering to our many clients. By expanding our global reach as part of CTM, UST will add new opportunities to network both US and international clients and work with the other CTM offices to support their US based clients as well. UST employees will see new and exciting career opportunities evolve as a result of our future growth initiatives.”
“CTM has developed a unique culture of employee training, support and empowerment, which has a significant benefit in allowing us to be creative and responsive in our effort to provide our clients with customised travel solutions.”
For any Media enquiries please contact
For Investor Relations please contact
email@example.com or +61 7 3210 3354