Corporate Travel Management teams up with Amadeus on tech upgrade

THE NEWS: Corporate Travel Management Ltd (ASX: CTD) has signed a five‑year global partnership with Amadeus IT Group that will give the corporate travel manager access to more than 400 airlines, about 2 million hotel properties and over 25 rail providers.

DETAILS:

WHY IT MATTERS: The expanded inventory and automation give CTM the ability to offer a broader, more seamless travel solution to corporate clients, potentially boosting margins and satisfaction while strengthening its competitive position in the corporate travel market.

FAQ

How long will the partnership between Corporate Travel Management and Amadeus last?
The agreement is a five‑year partnership, beginning from the announcement made yesterday, and will run for the full five‑year term unless otherwise modified.

How many airlines, hotels and rail providers will CTM access through Amadeus?
CTM will gain access to more than 400 airlines, roughly 2 million hotel properties and over 25 rail providers via Amadeus’ platform.

What benefits does CTM anticipate from the Amadeus partnership?
CTM expects the deal to provide strategic, financial and operational advantages, including reduced manual servicing, enhanced customer experience and overall greater operational efficiency.

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