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CWT Solutions Group adds Predictive Analytics capabilities, revealing new savings opportunities

CWT Solutions Group adds Predictive Analytics capabilities, revealing new savings opportunities

Press Releases   •   Nov 29, 2018 08:03 GMT

CWT Solutions Group, CWT’s consulting division, has built an advanced data model that sifts through large historic travel data sets, as well as public data on commodity prices, macro-economic indicators, weather, and holidays. Those data are analyzed to identify patterns and correlations, generating robust predictions for a company’s future spend.

CWT Research: Four in Ten Business Travelers Use Company Cards for Personal Purchases

CWT Research: Four in Ten Business Travelers Use Company Cards for Personal Purchases

Press Releases   •   Nov 05, 2018 08:10 GMT

​According to research commissioned by CWT, the global travel management company, four in ten business travelers admit to using corporate cards for personal purchases – 46% of American and European travelers, and 38% of travelers in Asia Pacific.

Sydney Domestic Airfares to Most Capital Cities Up More Than 5%, Hotel Rates Also Climb: CWT/CAPA Report

Sydney Domestic Airfares to Most Capital Cities Up More Than 5%, Hotel Rates Also Climb: CWT/CAPA Report

Press Releases   •   Aug 01, 2018 02:34 GMT

Airfares on several key routes from Sydney continue their relatively steep rise as the fare wars seen a few years ago subside into the background and the major airlines focus on profitability. Meanwhile, hotel occupancy in the city remains well over 80%, resulting in an increase in average daily rates (ADRs) and last room availability (LRA) rates.

Carlson Wagonlit Travel Launches CWT Travel Consolidator, Providing Full Visibility on Travel Spend

Carlson Wagonlit Travel Launches CWT Travel Consolidator, Providing Full Visibility on Travel Spend

Press Releases   •   Jul 31, 2018 07:00 GMT

​Carlson Wagonlit Travel, the global travel management company, has launched CWT Travel Consolidator, an analytics tool that captures every part of an organization’s travel and expense spend, helping travel managers make the right decisions, and saving clients money.

Buoyant Global Economy Means Higher Hotel and Air Prices in 2019

Buoyant Global Economy Means Higher Hotel and Air Prices in 2019

Press Releases   •   Jul 24, 2018 08:07 GMT

Travel prices are expected to rise sharply in 2019, with hotels going up 3.7%, and flights 2.6%, driven by a growing global economy and rising oil prices, according to the fifth annual Global Travel Forecast, published today by GBTA and CWT with the support of the Carlson Family Foundation.

Perth International Airfares Continue to Rise, While Hotel Occupancy and Rates Fall: CWT/CAPA Report

Perth International Airfares Continue to Rise, While Hotel Occupancy and Rates Fall: CWT/CAPA Report

Press Releases   •   Jul 04, 2018 03:02 GMT

Airfares on key business routes from Perth have been increasing. Meanwhile, hotel occupancy and average daily rates (ADRs) in the Australian city continue to fall. These findings are published in the latest Business Travel Pulse report produced by CWT Solutions Group and CAPA – Centre for Aviation.

Carlson Wagonlit Travel Research: Business travelers feel 50% safer at airports than at train or subway stations

Carlson Wagonlit Travel Research: Business travelers feel 50% safer at airports than at train or subway stations

Press Releases   •   Jun 28, 2018 07:02 GMT

Global business travelers feel more nervous at train or subway stations than at airports, according to research commissioned by Carlson Wagonlit Travel (CWT), the global travel management company.

CWT / Travelport Research: Premium Economy a Hot Ticket for Singapore Business Travelers

CWT / Travelport Research: Premium Economy a Hot Ticket for Singapore Business Travelers

Press Releases   •   Jun 19, 2018 06:13 GMT

Research conducted by Carlson Wagonlit Travel (CWT) and Travelport shows that premium economy is the fastest growing cabin segment for business travelers in Singapore. Interestingly, the steady increase in premium economy bookings between 2015-2017 seems to have resulted mostly from travelers moving up from economy class, rather than down from business class.

Melbourne airfares soar in Q1 2018, hotel occupancy/rates also rise: CWT/CAPA Report

Melbourne airfares soar in Q1 2018, hotel occupancy/rates also rise: CWT/CAPA Report

Press Releases   •   May 24, 2018 05:15 GMT

CWT Solutions Group and CAPA – Centre for Aviation have published the latest edition of their Business Travel Pulse report, focusing on Melbourne, Australia. The report highlights that airfares on key domestic and international business routes from Melbourne have been rising sharply. At the same time, hotel occupancy and rates in the city have also increased, owing to strong demand.

CWT says many companies overspend by up to 5% of their hotel cost on Last Room Availability rates

Press Releases   •   Jul 05, 2017 19:18 GMT

CWT Solutions Group, the consulting division of Carlson Wagonlit Travel, today published research that shows a 5% gap between the perceived and actual value of Last Room Availability rates. For a company that spends US$ 20 million with their preferred hotels, that could amount to US $1 million.

Carlson Wagonlit Travel breaks US$2 billion new business sales barrier for the first time as CWT 3.0 gains traction

Press Releases   •   Mar 09, 2017 07:30 GMT

Carlson Wagonlit Travel (CWT), the global travel management company, today reported strong results for 2016, highlighted by US$2 billion in sales attributable to new business.

CWT research: changing travelers’ behavior can cut travel over-spend up to 15%

Press Releases   •   Dec 08, 2016 21:15 GMT

Research by CWT Solutions Group found that corporations could reduce travel over-spend by up to 15 percent by enforcing existing corporate travel policies. The latest white paper launched today focuses on the challenges of travel policy compliance and how to influence the behavior of travelers. Encouraging travelers to comply with a company’s travel policy can make a big difference.

Recent study reveals best practices for establishing a mobile travel strategy

Press Releases   •   Aug 25, 2016 19:33 GMT

​While more than half of travel managers have endorsed a mobile app in the past year, almost 70 percent indicate their travel program does not have a mobile strategy in place, reported a recent study conducted by the GBTA Foundation in partnership with Carlson Wagonlit Travel (CWT) and the Carlson Family Foundation.

CWT innovating to help clients reduce costs and increase personalization

Press Releases   •   Jul 28, 2016 19:37 GMT

Carlson Wagonlit Travel’s Solutions Group has today introduced four new proprietary products to help corporate travel managers both cut costs and engage their travelers in new ways.

CWT research: 20% of business travelers take Bleisure trips every year

Press Releases   •   Jul 12, 2016 19:46 GMT

​Adding some leisure time to a business trip might seem like a new phenomenon. But Carlson Wagonlit Travel’s Solutions Group’s analysis of 29 million business trips, the results of which are released today, shows the amount of bleisure has remained the same for the past five years.

CWT research: women book flights earlier and pay less

Press Releases   •   Apr 12, 2016 20:04 GMT

​Women book their flights 1.9 days earlier than their male counterparts, according to Carlson Wagonlit Travel’s (CWT) analysis of 6.4 million air booking transactions. They therefore pay an average of around two percent less for their tickets than men.