Corporate TravelGrowing demand for business travel services prompted the company’s expansion into Japan and latest acquisition.

CTM takes on Japan and gains 1000 Mile

CTM has also acquired the 1000 Mile Travel Group that focuses on SME business travel.
CTM has also acquired the 1000 Mile Travel Group that focuses on SME business travel. Photo Credit: GettyImages/tawatchaiprakobkit

Amidst increased requests to provide its business travel expertise and management services in Japan, Corporate Travel Management (CTM) has answered their customers’ calls with the opening of CTM Japan.

The new office in Tokyo represents a step forward in CTM’s expansion plans in Asia, after already establishing itself in Hong Kong, Singapore, China and Taiwan. CTM Japan opens its doors in Tokyo to meet increasing customer demand for domestic and international travel in the region.

The decision to bring CTM’s operations into Japan, according to CTM Asia CEO, Larry Lo, was due to customer feedback for local, on the ground CTM servicing from Japanese businesses and international customers operating in the region.

“Based on very robust customer feedback over the past few years, we have been working behind the scenes to cement our growth strategy for the Asia region, noting that when international travel impediments lift across Asia the rebound in travel activity is expected to be significant.

“Our customers in Asia and international markets have expressed their desire for the same CTM service and technology experience in the Japanese market – a market with high servicing and technology expectations – and we are proud to launch our new Tokyo office and experienced team on 1 July.”

CTM’s foray into Japan marks the company’s second regional expansion in Asia this year, hot on the heels of its Safe2Travel acquisition in Singapore in April.

Among its acquisitions, CTM also recently acquired 1000 Mile Travel Group, a SME-oriented business travel agency, that operates across Australia and the UK.

“1000 Mile Travel Group is a hugely successful business that has created a unique value proposition for agents who wish to not only manage their own SME portfolio from home, but also grow that portfolio and be used by corporate clients,” said Jamie Ferras, CTM’s founder and managing director.

“We are confident that this acquisition will complement CTM’s strategic corporate travel offering, while providing significant benefits to 1000 Mile Travel’s network of independent agents and their clients.”

Up, Up and Sail Away Into Opportunities
July - September 2022 eBook

As ports of calls resume in Southeast Asia, it’s time for travel agents to take advantage of the sea of opportunities in cruising and grow their business.

Read Now

JDS Travel News JDS Viewpoints JDS Africa/MI