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Corporate Travel Management and Travelogic join forces to create the largest privately owned travel management company in Australia
Wednesday, July 02, 2008
Effective the 1st of July 2008 GlobalStar Australia - Travelogic merged operations with Corporate Travel Management (CTM) to become Australia’s major alternative to the multinational Travel Management Company’s (TMC’s).

CTM and TL are the two largest privately owned TMC’s in Australia. Combined they realize a turnover of approximately A$370m (US$330m) per annum, serviced to the highest standard by close to 280 staff, working from multi-award winning offices in Sydney, Melbourne, Brisbane, Perth, and The Gold Coast.

CTM were in advanced discussions with Travelogic in 1998 regarding the national presence of First Travel Management in Australia. Since then both the companies have developed well alongside each other, and share the same company ethos, culture and IT platform.

“Together, we will represent the first logical alternative to the Global TMC’s that operate in Australia, with multi-award winning offices in Sydney, Brisbane, Melbourne, Perth & the Gold Coast”
, according to Mrs. Claire Gray, Executive Director - Travelogic, GlobalStar Australia.

“GlobalStar Australia will have a truly national presence in our vast country. Together with many other benefits of the increased scale and expertise, this development brings a stronger contribution to our expanding GlobalStar requirement. We shall continue to increase our international networked business and services with our developing GlobalStar organization”.

Both Corporate Travel Management and Travelogic brands shall remain in place, and equally represent GlobalStar Australia. They shall be referred to as GlobalStar Australia – Travelogic/CTM.
Vicky Karantzavelou - Wednesday, July 02, 2008
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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