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Business Description: Corporate Travel Management Limited (CTD) is a provider of travel management solutions to the corporate market. CTD is a member of the GlobalStar worldwide network of 70 travel management companies which allows them to provide a seamless international service for its clients.
Strategy Analysis: Corporate Travel Management (CTD) strategy has revolved around a series of acquisitions that has expanded its footprint to all the main centres on the East Coast as well as Perth and Auckland. CTD strategy also involves catering to its largest customer segment, the mining industry. The acquisition of Travalcorp, with its offices it Perth, will give the Company access to demand from WA. The Company will also look for growth event travel management. It‚Äôs recently acquired etm travel which specialised in this area. The Company also has invested in technology. The Company offers a sophisticated online booking tool which can be offered to high use clients as well as platforms that offer traveller assistance and emergency global tracking software.
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