Wings reports “phenomenal” M&E growth

TMC Wings Global Travel has reported its “best ever” quarter for meetings and events following the expansion of its M&E division last autumn.

The UK-based company on Wednesday (12 March) reported M&E sales from December to February of “more than double” compared to the same period a year prior, with the biggest gains coming from its operations in the UK, US, Norway and South Africa.

Wings chief operating officer Gary Povey said the “phenomenal” growth reflects changing spending patterns in the corporate travel market.

“While travel budgets as a whole remain under pressure, we’re seeing a shift from ad-hoc travel to more intentional spending as buyers look to maximise value and measurable outcomes,” he said.

“The good…