CWT reports growth in its global sales volume

WORLD – International event, meetings and travel management agency, Carlson Wagonlit Travel (CWT), has reported a one per cent year-on-year growth in its global sales volume for the first half of 2012 to US$15bn.
 
The agency saw its transactions also rise one per cent to 32.2m in the first six months of 2012.
 
Commenting on the results, CWT President and CEO, Douglas Anderson, said: “Our first half performance for 2012 is solid given current economic uncertainty. Our customers are continuing to travel and are looking to manage their travel in a more cost-effective way by getting even greater value for what they spend.”
 
In the UK, sales volume totaled £627.8m for the first six months of 2012, a 1.6 per cent increase compared to the previous year. UK new sales won have totaled more than £60m year to date, and corporate client retention has been over 97 per cent, the company announced.
 
Sales volume for CWT Meetings and Events UK, a division of CWT, was up 54 per cent year over year in the first half of 2012.
 
Anderson said since the beginning of 2012, CWT has continued to introduce innovative products, services and research to help companies better manage their travel programmes while achieving savings and driving compliance.
 
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