Carlson Wagonlit Travel

Infobox Company
company_name = Carlson Wagonlit Travel
company_
company_type = Privately held company
foundation = 1994
location = Paris, France
key_people = Douglas Anderson (CEO)
industry = Travel agencies
products = Traveler and transaction services, program optimization, safety and security, meetings and events
revenue = $25.5 billion USDcite web|url=http://www.carlsonwagonlit.com/en/global/our_company/cwt_at_a_glance/ |title=CWT at a Glance |publisher=Carlson Wagonlit Travel |accessdate=2008-09-05]
num_employees = 22,000
homepage = [http://www.carlsonwagonlit.com/ Official website]

Carlson Wagonlit Travel (CWT) is a large corporate travel management company.

It operates in more than 150 countries and territories, with 22,000 employees. The company has $25.5 billion in annual sales (including joint ventures) in 2007, from 42 million transactions.

History

The group has existed in its present form since 1994, the result of a 50%/50% merger from two large travel agency ventures. The Carlson side was originally from the Ask Mr. Foster Travel Agency chain, which had been rebranded to "Carlson Travel Network" a decade earlier. The Wagonlit part came from the travel shop business of Compagnie Internationale des Wagons-Lits. After the merger, Accor maintained its 50% interest up until 2006. Accor sold its shares for in a transaction worth €500m, thereby placing a value of €1bn on CWT at the time)

See also

* Business travel
* Compagnie Internationale des Wagons-Lits
* Ask Mr. Foster Travel Agency

References

External links

* [http://www.carlsonwagonlit.com/ Carlson Wagonlit Travel]
* [http://www.carlson.com/ Carlson Companies]
* [http://www.oneequity.com/ One Equity Partners]