Strong Business Performance For CWT Asia Pacific

Strong Business Performance For CWT Asia Pacific

CWT Asia Pacific has led the way for Carlson Wagonlit Travel, announcing strong business performance results for 2010.

Of the region’s strength, Martin Warner, CWT Chief Operating Officer, Asia Pacific says, “CWT Australia and New Zealand continue to grow from strength to strength having realised USD$112m in new business in 2010. Both countries’ continued success has contributed to the delivery of strong results for Asia Pacific and is testament to the teams’ commitment to our customers and finding solutions that meet their needs.”

Local market-specific statistics for Australia and New Zealand are provided below for your reference.

Key takeouts from 2010’s business performance results include:

· Asia Pacific led the way in transactions, up 27.7% year over year

· Worldwide sales volume (US$24.3 billion) grew by 13.5% compared to 2009

· CWT achieved a 96% client retention rate and won US$1.8 billion in annualised new sales, excluding renewals

· CWT’s Performance Indicators Show that business travel is on the rise
.

Australia

New Zealand

Traffic % inc on 2009

15%

8%

TRX % inc on 2009

10%

9%

Client retention

96%

97%

New business wins

US$103M

US$9M

ends

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