 | This article needs additional or more specific categories .(February 2026) |
| Company type | Public |
|---|---|
| ASX: CTD | |
| Industry | Corporate Travel Management |
| Headquarters | , Australia |
Area served | Worldwide |
| Website | travelctm |
Corporate Travel Management Ltd is a corporate travel management company.
The company expanded into North America in 2020 following the acquisition of an Omaha-based TMC called Travel & Transport. [1]
On 26 February 2021, the UK-based Good Law Project reported that CTM had been awarded two COVID-19-related contracts with the UK government. [2]
In December 2021, CTM announced the acquisition of the Helloworld Travel Group's corporate and entertainment brands. [3]
In June 2023, the Independent reported CTM had been awarded a £1.6 billion contract to house asylum-seekers in the UK, including on barges. [4] The Bibby Stockholm barge, subcontracted by CTM [5] at Portland Port, Dorset, began housing asylum-seekers on 7 August 2023, amid concerns about fire risks [6] and other safety concerns. [7] On 11 August 2023, the 39 asylum-seekers accommodated on the Bibby Stockholm were evacuated following positive tests for legionella on board. [8]
In July 2023, ethical fund Future Superhas told Guardian Australia it would 'divest its holdings in CTM due to concerns' over the CTM's involvement in the Bibby Stockholm . [9]
In February 2026, CEO James Pherous resigned. [10]