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5 July 2022

CTM extends global footprint with Japan office


Corporate Travel Management (CTM, ASX:CTD) has announced the opening of its CTM Japan office, a wholly-owned extension to the global travel management company’s Asian footprint.

As a complementary extension to CTM’s existing Asian footprint in Hong Kong, Singapore, China and Taiwan, CTM Japan opens its doors in the nation’s capital, Tokyo, to meet increasing customer demand for domestic and international travel in the region.

CTM Asia CEO, Larry Lo said the decision to extend CTM’s wholly owned operations into Japan followed clear 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 01 July.”

The extension to CTM’s Asia network marks CTM’s second regional expansion this year, following the acquisition of Safe2Travel in Singapore in April 2022.

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