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30 September 2019

CTM Annual Report 2019

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Corporate Travel Management Limited

Au000000ctd3, leisure & recreation.

  • Corporate Travel Management : 2021 Annual Report

ASX Announcement

18 August 2021

2021 Annual Report

Attached is Corporate Travel Management Limited's 2021 Annual Report.

Authorised for release by the Board.

Contact details

Media enquiries: Alasdair Jeffrey, Rowland - [email protected] / +61 404 926 768

Investor enquiries: Allison Dodd - [email protected] / +61 7 3210 3354

annua 2021 l report

Corporate Tra vel Managem ent Limited ABN 17 131 207 611

In this report

ANNUAL REPORT 2021 3

The Butterfly Philosophy: From transformation to taking flight in FY22 and beyond

CTM has never been a business that sits still. Our reputation for innovation and continuous improvement is testament to the spirit of our people. In navigating the global COVID-19 pandemic, this spirit has never been more important to our business continuity and our ability to support our customers' and partners' evolving travel needs. We call it the " Butterfly Philosophy " - represented in our brand story of transformation, diversification and adaptability - a culture and mindset that will ensure our business continues to grow and evolve to meet the challenges and opportunities of the future.

It's time to reconnect, rebuild and reimagine the new era of travel.

4 CORPORATE TRAVEL MANAGEMENT

This is an excerpt of the original content. To continue reading it, access the original document here .

Attachments

  • Original document

CTM - Corporate Travel Management Ltd. published this content on 18 August 2021 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 17 August 2021 23:33:04 UTC .

Latest news about Corporate Travel Management Limited

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Company Profile

Income statement evolution, ratings for corporate travel management limited, analysts' consensus, eps revisions, quarterly earnings - rate of surprise, sector travel agents.

  • Stock Corporate Travel Management Limited - Australian S.E.
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corporate travel management australia annual report

Power up your travel program

corporate travel management australia annual report

Most Outstanding Global Travel Management Company

corporate travel management australia annual report

Travel management that performs & transforms

corporate travel management australia annual report

The new era of online booking tools: Lightning

corporate travel management australia annual report

CTM Climate+ supporting sustainable travel

Welcome to corporate travel management, corporate travel management (ctm) is a global leader in business travel management services. we drive savings, efficiency and safety to companies and their business travellers all around the world..

If you are looking for a tailored travel management solution, delivering customer service excellence, innovative travel technology and a demonstrable return on investment, then you’ve come to the right place.

Are you an existing Corporate Travel Management customer?

Experience the ctm difference.

corporate travel management australia annual report

Time to upgrade your travel management solution?

Elevate your travel program with ctm.

Is your travel program delivering savings, efficiency and safety to your business and travelling workforce? Are you leveraging your travel data to negotiate better travel deals and positively influence booking behaviour? Do you have complete visibility and control over your travel budget?

If not, it’s time to elevate your business travel program with CTM.

For every dollar spent on our travel management services, we’ll return more to you in savings. That’s the CTM difference.

How do we do it?

  • CTM’s extensive global buying power drives significant savings across air, hotel and car rental providers
  • Our travel platforms provide one-stop-shop access to the best corporate negotiated deals, alongside last-minute inventory and dynamic supplier content. All travel content is comparable side-by-side and in one place for maximum productivity
  • CTM’s fare forecasting technology visualises the cheapest time to travel in a single search
  • Our strategic policy development and dedicated account management teams customise the most effective travel policy based on your unique travel behaviours and objectives
  • Our teams conduct regular business travel program analysis and benchmarking to identify best practice booking behaviours to maximise savings
  • Our best-in-class travel tools drive productivity and compliance across every travel stakeholder, from travel bookers, travel managers, procurement, finance and the business traveller.

Two business men discussing travel savings while looking at return on investment report

Increase efficiency

Our expertise, 24/7 support and intuitive travel technology can significantly improve your employees’ efficiency.

  • We put intuitive travel technology at your fingertips 24/7, making travel research, booking and trip management simple, efficient and reliable
  • Our self-serve online booking tools and mobile apps book air, hotel and car hire in a single transaction
  • CTM’s expert local travel consultants are available around the clock for friendly travel support wherever and whenever you need it
  • We provide live access to consolidated travel reporting across every aspect of your business travel program, driving increased visibility, control and efficiency.

Maximise safety

Enhance your travellers’ safety with our suite of intuitive and integrated travel risk management tools.

  • Traveller tracking technology enables you to track and communicate with travellers in the event of an emergency, including one-click ‘proof of life’
  • Pre-trip approval workflows enable risk identification and management prior to travel booking
  • CTM risk alerts send email and SMS notifications to affected travellers based on location and risk levels
  • CTM Mobile travel app enables travellers to book and manage their travel needs on the go for greater independence.

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Take your first step towards better business travel with Corporate Travel Management.

corporate travel management australia annual report

Testimonial

CTM has established itself as a well-respected travel management provider within the global travel sector, one which actively contributes to the continued growth, diversification and digital transformation of the travel industry.

- Matteo Zanarini, International Air Transport Association (IATA) -

CTM has been an innovative industry leader in the corporate travel market for many years, both technologically and strategically. This is a market segment that is undergoing serious upheaval and CTM has shown its ability to navigate some turbulent times and come out as a leader in its field.

- Peter Harbison, CAPA Centre for Aviation -

Sabre values its long and mutually beneficial relationship with Corporate Travel Management. As their global technological partner, we have developed trusted relationships with the CTM team and respect their track record of performance and technological innovation.

- Andy Finkelstein, Sabre Travel Network -

Travel solutions built for you

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Business Travellers

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Travel Managers

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Travel Bookers

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Local solutions, delivered globally

CTM provides local service solutions to customers around the world. Please select your local region, and start experiencing the CTM difference!

Don’t show this again

corporate travel management australia annual report

Global Travel, Done Differently.

corporate travel management australia annual report

One Program. One Platform. One Team.

corporate travel management australia annual report

Global Service, Powered By One Team.

corporate travel management australia annual report

Global Tools, Powered By One Platform.

Welcome to ctm. we do global business travel, differently., corporate travel management (ctm) is a global leader in business travel management services. we drive savings, efficiency, safety and sustainability to companies and their travelers in every corner of the world..

When you partner with CTM, you’ll enjoy the experience of global travel done differently – a uniquely designed global travel management program, built with you and for you, consistently and expertly delivered in every region you operate in. We design travel programs that drive strategic results for every part of your business and every member of your team, in every region you operate in.

That’s the CTM difference.

If you are looking for a tailored travel management solution, delivering customer service excellence , innovative travel technology and a demonstrable return on investment, you’re in the right place.

Time to discuss your global travel needs?

Experience the ctm difference.

corporate travel management australia annual report

Explore our global travel solutions

Global travel, powered by one.

No matter how large, diverse, and complex your business or travel needs, we’re committed to designing simple, safe and sustainable solutions that deliver measurable results.

At CTM, we take a highly consultative and curated approach to designing your global travel program, ensuring a solution that meets your business’s unique goals, challenges and opportunities.

We work with your team to source and select the right solutions for your business and people in every market you operate in and package them up into one program, accessed through one platform and supported by one team , to give your unique global travel program a place to call “home”.

Corporate traveler listening to headphones in flight

One Program

Every aspect of your business travel, strategic meetings and corporate events needs consolidated into one strategic program to maximize savings, efficiencies and duty of care.

Corporate travel management technology developers working in office

One Platform

A uniquely curated suite of global travel tools, configured to your global and regional business needs, and seamlessly integrated in a single global travel platform.

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A carefully crafted team of global travel experts, identified for their expertise and experience in delivering strategic results and first-class experiences wherever you need them.

Take a tour of CTM's global travel solutions

Global scale, local expertise, agile tech.

The scale to achieve maximum savings, the spread to provide consistent local market expertise, and the agility to solve tomorrow’s travel challenges today.

Built for simplicity, consistency, flexibility

We take a highly consultative, curated approach to designing unique, simple and effective global travel solutions which deliver strategic results today and into the future.

Your feedback drives our roadmap

We put you front and center of our product and service roadmap, ensuring you benefit first from the fastest, most relevant and impactful solutions.

Take your first step towards better business travel with Corporate Travel Management.

corporate travel management australia annual report

Testimonial

CTM has established itself as a well-respected travel management provider within the global travel sector, one which actively contributes to the continued growth, diversification and digital transformation of the travel industry.

- Matteo Zanarini, International Air Transport Association (IATA) -

CTM has been an innovative industry leader in the corporate travel market for many years, both technologically and strategically. This is a market segment that is undergoing serious upheaval and CTM has shown its ability to navigate some turbulent times and come out as a leader in its field.

- Peter Harbison, CAPA Centre for Aviation -

Sabre values its long and mutually beneficial relationship with Corporate Travel Management. As their global technological partner, we have developed trusted relationships with the CTM team and respect their track record of performance and technological innovation.

- Andy Finkelstein, Sabre Travel Network -

Looking for a regional travel solution?

You're in the home of global travel programs! If you're looking for a regional solution for your business travel needs, visit your local CTM website to explore our award-winning regional travel services.

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Flight Centre Travel Group end of financial year results – 2021/2022

Flight Centre Travel Group (FLT) today released audited 2022 fiscal year (FY2022) accounts.

The company took positive early steps on the path to post-COVID recovery during FY22 by:

  • Increasing market share in key countries and sectors
  • Achieving its targeted leisure and corporate return to profitability timeframes; and
  • Delivering better than expected full year earnings.

FLT also starts the new fiscal year with solid momentum after a strong finish to FY22, with TTV recovery accelerating during the fourth quarter (4Q) and the company recording a $35million underlying profit* for the period.

The 4Q uplift led to a modest second half (2H) profit – a significant turn-around from both the $184million loss recorded during the 1H, while heavy restrictions remained in place globally, and the $182.2million loss recorded during FY21 2H.

The $183.1million full year loss was:

  • A 46% improvement on the $337.8million FY21 result; and

Well within FLT’s upgraded guidance range ($180million-$190million loss).

Corporate Segment Result & Strategic Update

Since the start of the pandemic, FLT’s corporate businesses have focused on Grow To Win, a global strategy based on enhancing capabilities across both the FCM and Corporate Traveller brands, retaining existing customers and winning large volumes of new accounts.

This strategy has started to deliver tangible benefits, as evidenced by the $2.5billion pipeline of FY22 account wins, global market-share growth, and the return to record monthly gross TTV levels in June 2022. The business is now set to gain scale benefits as transactions take off and as efficiencies deliver a lower cost per transaction, paving the way for profit growth.

During FY22, the corporate business delivered a $13.5million profit, which was underpinned by a $38.6million 4Q result.

TTV increased 158% to $5.6billion over the year, with $2.3billion generated during the 4Q – a TTV run-rate that would, if extrapolated over the year to June 30, 2023, exceed the record $8.9billion result achieved during FY19.

The ANZ, Americas and EMEA regions each generated circa 30% of FY22 corporate TTV, highlighting the business’s geographic diversity, with the balance coming from Asia, a region that now includes the start-up FCM Japan joint venture (launched in January).

In Australia, FLT maintains very high corporate market-share and continues to win unmanaged business and accounts from competitors. Wins are accelerating, as competitors struggle to meet clients’ needs in the current trading climate.

The Americas and EMEA businesses are, however, likely to overtake ANZ as the company’s largest corporate regions in the near-term given comparative market sizes, FLT’s small but growing market-share and the volume of new business being won within the two regions.

Overall, FLT’s corporate market-share in Australia, the US, the UK, Canada, New Zealand, and South Africa has increased from 6.3% during the FY19 2H to 7% during the FY22 2H (Source: GDS/MIDT data).

Comments by Flight Centre Corporate Managing Director ANZ Melissa Elf:

“There’s absolutely no doubting that corporate travel has come back in a big way since domestic and international borders reopened,” Ms Elf said.

“We expected a sugar rush early on but it seems absence really does make the heart grow fonder, even in the business world, as we see no let-up in corporates wanting to see their teams face-to-face.

“The ‘new normal’ of conferencing, meetings and events looks set to be of a hybrid nature with organisations taking advantage of Flight Centre’s very own ‘glocal’ approach, whereby an event can be attended by hundreds, but also beamed around the world, if required.

“The fact is that business travellers get more done in a couple of days in-person than they would over any virtual platform, and given the low unemployment rate in Australia, in-house recruiters are chasing talent more than an ever.

“The best way to do this is to be able to speak to them one-on-one in a real world environment.

“We know there will still be some turbulence ahead with COVID waves and the staff shortages across the world, but what we’ve shown is our corporate business has built a world-class system in which we’ve been able to help our customers survive and thrive – it’s an excellent foundation for the new financial year.

“We’re privileged to work with such a range of diverse organisations and I’d like to thank them all for entrusting our four corporate brands with their travel management programmes. It’s never been more critical to have an expert on your side.”

Read the full ASX announcement

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Privately owned vehicle (POV) mileage reimbursement rates

GSA has adjusted all POV mileage reimbursement rates effective January 1, 2024.

* Airplane nautical miles (NMs) should be converted into statute miles (SMs) or regular miles when submitting a voucher using the formula (1 NM equals 1.15077945 SMs).

For calculating the mileage difference between airports, please visit the U.S. Department of Transportation's Inter-Airport Distance website.

QUESTIONS: For all travel policy questions, email [email protected] .

Have travel policy questions? Use our ' Have a Question? ' site

PER DIEM LOOK-UP

1 choose a location.

Error, The Per Diem API is not responding. Please try again later.

No results could be found for the location you've entered.

Rates for Alaska, Hawaii, U.S. Territories and Possessions are set by the Department of Defense .

Rates for foreign countries are set by the State Department .

2 Choose a date

Rates are available between 10/1/2021 and 09/30/2024.

The End Date of your trip can not occur before the Start Date.

Traveler reimbursement is based on the location of the work activities and not the accommodations, unless lodging is not available at the work activity, then the agency may authorize the rate where lodging is obtained.

Unless otherwise specified, the per diem locality is defined as "all locations within, or entirely surrounded by, the corporate limits of the key city, including independent entities located within those boundaries."

Per diem localities with county definitions shall include "all locations within, or entirely surrounded by, the corporate limits of the key city as well as the boundaries of the listed counties, including independent entities located within the boundaries of the key city and the listed counties (unless otherwise listed separately)."

When a military installation or Government - related facility(whether or not specifically named) is located partially within more than one city or county boundary, the applicable per diem rate for the entire installation or facility is the higher of the rates which apply to the cities and / or counties, even though part(s) of such activities may be located outside the defined per diem locality.

IMAGES

  1. CAPA Melbourne Aviation & Corporate Travel Summit

    corporate travel management australia annual report

  2. Corporate Travel Management: The Business Guide

    corporate travel management australia annual report

  3. 6 Best Corporate Travel Management Companies in Australia

    corporate travel management australia annual report

  4. Annual Report Design: 6 Best Practices to Create Appealing Reports for

    corporate travel management australia annual report

  5. The 6 Best Corporate Travel Management Companies In Australia

    corporate travel management australia annual report

  6. Corporate Travel Management Ltd 2018 Q2

    corporate travel management australia annual report

COMMENTS

  1. Company Reports

    19 February 2020. Download. CTM Annual Report 2019. 30 September 2019. Download. 2019 Full Year Statutory Accounts. 21 August 2019. Download. 2019 Full Year Results Presentation.

  2. PDF 2020 Annual Report

    Corporate Travel Management Ltd is a global provider of travel solutions for the corporate sector. The company's annual report for 2020 highlights its resilience, innovation and growth strategy amid the COVID-19 pandemic. Download the full report in PDF format to learn more about its financial performance, governance and outlook.

  3. PDF 2021 Annual Report

    Attached is Corporate Travel Management Limited's 2021 Annual Report. Authorised for release by the Board. Contact details. Media enquiries: Alasdair Jeffrey, Rowland - [email protected] / +61 404 926 768. Investor enquiries: Allison Dodd - [email protected] / +61 7 3210 3354.

  4. PDF Annual Report 2019

    attend our Annual General Meeting. Yours sincerely Ewen Crouch AM Chairman Corporate Travel Management Limited 21 August 2019 25 years of CTM I am pleased to present the 2019 Annual Financial Report of CTM. 2019 represents our 25th year of operations. Before commenting on yet another record performance, it is

  5. CTD

    Corporate Travel Management Annual Report to shareholders - Sep 21st 2017. 7.2mb. 2016. Corporate Travel Management 2016 Annual Report - Sep 23rd. 2.5mb. 2015. Corporate Travel Management 2015 Annual Report - Sep 24th. 2.8mb. See all annual reports in Australia.

  6. CTM Annual Report 2019

    Local solutions, delivered globally. CTM provides local service solutions to customers around the world. Please select your local region, and start experiencing the CTM difference!

  7. PDF Driving sustainability throughout our business

    22 CORPORATE TRAVEL MANAGEMENT ANNUAL REPORT 2021 23. CTM conducted informal interactions with our stakeholders during FY21 regarding sustainability, including many conversations on long-term sustainability issues given the pandemic and increased importance of climate change. This report covers the material topics

  8. 2022 Annual Report

    Annual General Meeting The Annual General Meeting of Corporate Travel Management Limited. is scheduled to be held on 27 October 2022 at 11:00am (AEST) Registered office in Australia Level 24, 307 Queen Street.

  9. PDF Corporate Travel Management 2015

    We are pleased to present the 2016 Annual Financial Report of Corporate Travel Management Limited ("CTM" or "the Group"). The Group has had another strong year, its 6th year since the IPO of the Company in December 2010. All CTM regions performed strongly, with growth driven both organically and through acquisitions. CTM also remains well

  10. Corporate Travel Management Ltd

    Sector Services More. 1001-5000 Employees. Based in Brisbane, Australia. Corporate Travel Management Limited provides travel management solutions to the corporate market. The company operates through three segments: Travel Services Australia and New Zealand, Travel Services North America, and Travel Services Asia. Visit website.

  11. Corporate Travel Management : 2021 Annual Report

    2021 Annual Report. Attached is Corporate Travel Management Limited's 2021 Annual Report. Authorised for release by the Board. Contact details. Media enquiries: Alasdair Jeffrey, Rowland - [email protected] / +61 404 926 768. Investor enquiries: Allison Dodd - [email protected] / +61 7 3210 3354. annua 2021l report.

  12. Annual Report 2022

    of the Helloworld Corporate and Entertainment Travel businesses sale in Australia and New Zealand to Corporate Travel Management Limited (ASX: CTD). Consideration for the sale totaling $184.8 million (excluding working capital adjustments) and comprising $100.0 million in cash and $84.8 million in CTD shares (3,571,429 shares) was received.

  13. Corporate Travel Management

    Welcome toCorporateTravelManagement. Corporate Travel Management (CTM) is a global leader in business travel management services. We drive savings, efficiency and safety to companies and their business travellers all around the world. If you are looking for a tailored travel management solution, delivering customer service excellence ...

  14. Corporate Travel Management

    Corporate Travel Management (CTM, ASX: CTD) reported underlying EBITDA of A$18.2m (1H21: -A$15.2m) and a strong revenue rebound in the first half of FY22, building momentum in spite of the impacts of the Delta and Omicron COVID-19 variants. Group revenue and other income increased by 120% to A$163.0m for the first half of FY22, compared to the ...

  15. Corporate Travel Management

    Local solutions, delivered globally. CTM provides local service solutions to customers around the world. Please select your local region, and start experiencing the CTM difference! Corporate Travel Management is an award-winning provider of innovative and cost-effective global travel management solutions.

  16. CTD News, Analysis, Announcements & Results

    The latest Corporate Travel Management Limited [CTD] news, articles, data and analysis from The Australian Financial Review

  17. Our performance and reporting

    Download PDF versions of Tourism Australia's corporate reports. Download PDF versions of Tourism Australia's corporate reports. ... Travel Trade Hub. News Stories. Newsletters. Industry Events. Business Events ... Link Copied! Corporate Plan. Corporate Plan 2023/24 - 2026/7; Annual reports. 2022 - 2023 Annual Report; 2021 - 2022 Annual ...

  18. Corporate Travel Management Ltd (CTD)

    Corporate Travel Management Limited (CTD is a global provider of innovative and cost-effective travel management solutions to the corporate market. ... If a company chooses to publish the data, it's usually once a year in their Annual Report. ... (Australia) Limited (Nt Comnwlth Super Corp A/C) 874,594: 0.60%: HSBC Custody Nominees (Australia ...

  19. Flight Centre Travel Group end of financial year results

    During FY22, the corporate business delivered a $13.5million profit, which was underpinned by a $38.6million 4Q result. TTV increased 158% to $5.6billion over the year, with $2.3billion generated during the 4Q - a TTV run-rate that would, if extrapolated over the year to June 30, 2023, exceed the record $8.9billion result achieved during FY19.

  20. Privately owned vehicle (POV) mileage reimbursement rates

    GSA has adjusted all POV mileage reimbursement rates effective January 1, 2024. Modes of transportation. Effective/applicability date. Rate per mile. Airplane*. January 1, 2024. $1.76. If use of privately owned automobile is authorized or if no government-furnished automobile is available. January 1, 2024.