Corporate Travel Management Limited (CTM) has today announced that their company has experienced a strong growth performance of 42 percent.

According to recent figures the Total Transaction Value (TTV) from July to December 2011 was approximately AUD315.9 million, compared with AUD222.3 million in the same period last year which represents an increase of 42 percent.

Amanda Cobb at CTM told e-Travel Blackboard the growth is attributed to a combination of organic growth (winning new business and retaining current business) and successfully transitioned acquisitions.
“Destinations like Europe are understandably softer than previous years, but there is more growth from the domestic market in the mining services industry,” Ms Cobb said.