United Kingdom
United States
Asia Pacific
Business travel firm CTM snaps up Alaska rival USTravel
Business travel firm Corporate Travel Management has announced the acquisition of Alaska travel management company USTravel.
The takeover is effective from July 1 and will make Australia based CTM one of the largest travel management companies operating in Alaska and the Pacific Northwest.
CTM will now have a presence in 17 North American cities in 7 states employing over 300 full time staff.
The USTravel office in Seattle will become CTM’s regional base in the Pacific Northwest, responsible for Alaska, Washington State and Oregon.
USTravel also has offices in Portland and Spokane.
"We are delighted to have UST become our regional base for the Pacific Northwest and has the qualities that we look for, with a great service reputation, a dedicated team and great management," said CTM managing director Jamie Pherous.
Both USTravel and CTM have large client bases in the oil, gas and mining industries and both have government travel divisions.
"The two companies have complementary cultures and for travelers, nothing will change," said director of marketing for USTravel Elizabeth Nerland.
"All of USTravel’s divisions, including Explore Tours and Visions Meeting Experts, are included in the sale; I think they want a year to work on how to move forward and establish the CTM brand."
Related News Stories:
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
Craig Ray and the Expansion of the Blues Trail
Presenting Mississippi’s Cultural Trails with Katie Coats
Robert Terrell: A Journey Through BB King’s Influence
Rochelle Hicks: Celebrating Mississippi’s Musical Legacy
Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
Dozens fall ill in P&O Cruises ship outbreak
Turkish Airlines flight in emergency landing after pilot dies
Boy falls to death on cruise ship
Unexpected wave rocks cruise ship
Storm Lilian travel chaos as bank holiday flights cancelled