CWT announces strong performance

CWT announces strong performance

Carlson Wagonlit Travel (CWT) today announces that its sales volume for the first half of 2011 was US$13.4 billion, representing a 10 percent increase compared to the same period in 2010 (on a constant currency basis). Transactions rose 5 percent to 30.8 million in the first six months of 2011.

Performance was strongest in Asia Pacific, where sales volume versus the first half of 2010 increased by 18 percent, followed by Latin America (12 percent), North America (11 percent) and Europe, Middle East and Africa (9 percent).

Commenting on these results, Douglas Anderson, CWT president and chief executive officer, said: “Sales volume growth has accelerated along with year over year economic growth. Our continued strong customer focus has allowed us to maintain excellent client retention and satisfaction, while winning new sales and creating innovative solutions. Delivering innovative solutions for managed corporate travel continues to be a key priority for CWT.”