Corporate Travel Management purchases Travelcorp

first_imgCorporate Travel Management (CTM) will acquire one of Australia’s largest corporate travel companies, Travelcorp Holdings, effective from January 3, 2011. Source = e-Travel Blackboard: C.F CTM founder and CEO Jamie Pherous told the Queensland Business Review that Travelcorp would be an excellent cultural fit with the business.“We both have a reputation for employing great people and delivering a highly personalised service to our clients,” Pherous told QBR. “This further strengthens our market position in creating a truly alternative travel services provider,” he says.The TravelCorp takeover is the latest in a string of purchases by CTM, including its acquisition of the New Zealand-based Cavalier Travel Services in August, Sydney’s Travelogic in 2008, Perth’s Debretts in 2006 and Melbourne’s Rhodes Corporate Travel in 2001.last_img read more