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Carlson Wagonlit Travel confirmed as official travel partner for SportAccord Convention in Lausanne

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LAUSANNE, Switzerland – SportAccord Convention is delighted to confirm Carlson Wagonlit Travel (CWT) as the Official Travel Partner for this year’s annual event taking place at the ultra-modern SwissTech Convention Center in Lausanne.

Carlson Wagonlit Travel is a global leader in business travel management, operating in more than 150 countries and territories with over 19,000 employees.

The CWT MSI Team Sports is located in the Maison du Sport International (MSI), Lausanne, and provides travel services including event  management to 20 international sport federations and sports companies, as well as the International Olympic Committee and Youth Olympic Games.

“CWT MSI Team Sports is excited to be meeting our existing clients at this year’s SportAccord Convention, to demonstrate specific resources and tools we have been developing since 1998 to service sports-involved clients. One of them is our connected tool to report arrival and departure travel data.” said Roger Waldmann, Area Manager, Traveler Services CWT MSI Team Sports. He went on to say:

“We are also looking forward to meeting new organisations at booth 61 during this global sport gathering, to explain more about the services we offer which include organising meetings and events, optimising traveller programmes as well as sport equipment management.”

Nis Hatt, Managing Director of SportAccord Convention commented, “We’re delighted to welcome Carlson Wagonlit Travel on-board as a Delivery Partner and the Official Travel Partner. They work hard for us throughout the year, delivering high quality services and with a very professional approach. Their innovation and expertise certainly help to make travel planning and the business of travel management a smooth experience. We look forward to welcoming them to the SportAccord Convention.”

Held in a different city every year, the annual SportAccord Convention is a unique opportunity for key decision-makers from sport and industry to meet, network, and strategically shape global, regional and national agendas. An exclusive 6-day event with 2000 delegates expected to attend, the Convention is host to annual general meetings of governing bodies, and once again, will welcome a delegation from the International Olympic Committee.

For information on the 4-day Conference Programme, or to get involved at the 2016 SportAccord Convention, including how to attend, exhibit or sponsor, visit www.sportaccordconvention.com .

Follow developments and updates on SportAccord Convention on Twitter @saconvention using #SAC2016 or on the LinkedIn company page https://www.linkedin.com/company/sportaccord-convention  or on Facebook at https://www.facebook.com/sportaccordconvention .

For media enquiries, please email Jenny Edmondson, Media Relations Officer:

[email protected]

EDITORS NOTES

SportAccord Convention

SportAccord Convention is the world’s premier and most exclusive annual event at the service of sport. It is focused on driving positive change internationally and dedicated to engaging and connecting; rights holders, organising committees, cities, press and media, businesses and other organisations involved in the development of sport.

The SportAccord Convention is a not-for-profit organisation which annually brings together representatives from more than 100 International Sports Federations affiliated with the following umbrella organisations that host their Annual General Assemblies at the SportAccord Convention.

SportAccord, ASOIF (Association of Summer Olympic International Federations), AIOWF (Association of International Olympic Winter Sports Federations), ARISF (Association of IOC Recognised International Sports Federations), AIMS (Alliance of Independent Recognised Members of Sport) and Associate Members.

In addition, the SportAccord Convention receives the full support of the International Olympic Committee.

For more information about the SportAccord Convention: www.sportaccordconvention.com

Carlson Wagonlit Travel

Carlson Wagonlit Travel (CWT) is a global leader specialised in managing business travel and meetings and events by delivering efficient and innovative solutions. The department CWT Team Sports is located at La Maison du Sport International (MSI) in Lausanne and provides complete packages of travel services to 20 international sports federations and sports companies. The International Olympic Committee (IOC) as well as the Youth Olympic Games (YOG) have appointed the CWT Team Sports as their official travel agency. The experiences of CWT Team Sports range from sports team delegation group travel, accompanying sport equipment management, arrival and departure data management, to a variety of online tools for all sizes of events. For further information visit:

http://www.e-cwt.net/chcommunity/02029/MSI/index.html

For media enquiries, contact Roger Waldmann, [email protected], +41 79502 40 03 (m).

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StarTribune

Another vestige of carlson travel empire sold, this one to amex spinoff for $570m.

Minneapolis-based CWT, a business travel and meeting management firm that was part of a prominent Minnesota family's business legacy, will sell to rival American Express Global Business Travel for $570 million, the companies announced Monday.

The merger, which should close in the latter half of this year, blends two of the biggest corporate travel entities. CWT, formerly Carlson Wagonlit Travel, started in its current form in the mid-1990s and touts 4,000 customers with a projected revenue of approximately $850 million this year. American Express spun off its global business travel (GBT) sector as a joint venture with an investor group in 2014, and GBT has rapidly grown through various mergers and acquisitions since.

CWT was not reachable for comment, including on if its global headquarters will remain in the state, if this will affect any jobs or if the CWT name will survive.

American Express said the deal means CWT customers will have access to its proprietary software and services.

"Joining forces with Amex GBT helps accelerate our vision of a tech-enabled future for business travel, where people and technology combine to deliver an exceptional customer experience," said Patrick Andersen, CEO of CWT, in a statement. "We are highly confident in the value creation of the combined company."

The privately held CWT — which investment funds like Redwood Capital Management, Monarch Alternative Capital and others own — will now be part of the public GBT, which debuted on the New York Stock Exchange in 2022. That came at a time when corporate travel was still in a precarious state after grinding to a halt in 2020 because of the pandemic.

Business travel still hasn't fully recovered to 2019 levels in terms of volume or spending, but that milestone could hit as soon as by the end of this year. So Jose Ferreira, owner of Coon Rapids-based Riverdale Travel, said this deal is timed for growth.

"For corporate travelers, I would say that service levels are going to improve," Ferreira said. "Both of these companies are still recovering from the pandemic."

Curt Carlson, namesake of the University of Minnesota's Carlson School of Management, started his family's business empire during the Great Depression, eventually venturing into the travel industry about 30 years later.

In 2021, the family gave up its ownership stake in Carlson Travel Inc. and its many related companies, including CWT, after the COVID-19 pandemic forced the business into bankruptcy. The family has also offloaded some of its large portfolio of hotels, including selling the Radisson Hotel Group Americas for $675 million to Choice Hotels International in 2022.

Burl Gilyard is the Star Tribune's medtech reporter.

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• Amex GBT Agrees to Acquire Carlson Wagonlit Travel for $570 Million

Photo: Amex GBT 

American Express Global Business Travel (Amex GBT) is acquiring corporate travel agency Carlson Wagonlit Travel (CWT), for $570 million, marking a new chapter for one of the industry’s longtime corporate giants.

The deal is expected to close sometime in the second half of 2024. The transaction will be funded by a combination of stock and cash.

CWT, which says it serves 4,000 global customers, has been undergoing major changes in recent years, including taking on new equity owners in 2021. As recently as November, CWT underwent some balance sheet recapitalization aimed at deleveraging its balance sheet and strengthening its financial position. At that time, CWT said it had a “strong financial foundation and capital structure.”

In Monday’s announcement, CWT said that moving under Amex GBT will help its long-term vision and that it was “confident” in the future of the company.

“Joining forces with Amex GBT helps accelerate our vision of a tech-enabled future for business travel, where people and technology combine to deliver an exceptional customer experience. We are highly confident in the value creation of the combined company,” CWT CEO Patrick Andersen said.

It also said that, when the deal closes, its clients would have access to Amex GBT’s proprietary software, including programs like Neo1, Neo, and Egencia, and Amex GBT’s professional services.

TMR reached out to CWT to ask about the evolution of the CWT brand when the company does move under Amex GBT, and whether or not the CWT will remain. A spokesperson told TMR that "it’s very early in the process to discuss CWT as a brand. We are all proud of the name we have built in the marketplace and our ancestry. Today, we remain CWT."

Amex GBT’s CEO Paul Abbot said on Monday that bringing CWT under the Amex banner will “create more choice for customers, more opportunities for people, and more value for shareholders.”

CWT traces its roots back to 1872 when a Belgian innovator Georges Nagelmackers, who went on to create the Orient Express, founded Wagons-Lits, which means "sleeping cars."

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Carlson Wagonlit Travel Rebrands as CWT

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Carlson Wagonlit Travel Rebrands to Sound Cooler

Andrew Sheivachman, Skift

February 21st, 2019 at 2:00 AM EST

Now we've got Amex GBT, BCD, and CWT: an alphabet soup worthy of a sector that relies on bromides and buzzwords over substance.

The last few years in corporate travel have been replete with travel management companies that have nominally been focused on service claiming to shift towards a technology-first strategy.

Carlson Wagonlit Travel , one of the biggest travel management companies in the world, has changed its name to CWT to move away from its roots toward a digital future. Many already called the company CWT for short, and its divisions like CWT Meetings & Events and CWT Solutions Group have used the CWT tag for years.

Carlson Wagonlit Travel was founded in 1994 in a partnership between Carlson and France’s Wagonlit Travel, which was owned by Accor. Accor sold off its share in the company in 2006.

“This identity change is the latest phase in our digital development plan to combine the power of technology and innovation with the expert know-how of our people,” said CWT president and CEO Kurt Ekert in a statement. “There’s a romantic link with the Wagons-Lit era, and we are justifiably proud of our 150 year-heritage – however, today’s developments reinforce our intention to continue to lead our industry for the next century and a half.”

CWT still doesn’t own CWT.com, though.

It’s interesting that the statement doesn’t mention the erosion of the Carlson brand in the global travel marketplace.

Earlier this decade, Carlson Hotels represented one of the world’s biggest hotel chains. After acquiring a majority stake in Rezidor in 2010, Carlson Hotels  sold off its combined holdings in the hotel sector to HNA Group in 2016. HNA Group turned around and sold off the Carlson assets to Jin Jiang International Holdings last year, which had been renamed as Radisson Hotel Group , in an effort to ease its massive debt load.

So while there are still Carlson hotels out there, the brand likely has limited value moving forward. Carlson, though, has fully owned CWT since 2014.

No corporate rebranding would be complete without a video featuring buzzwords flashed on screen accompanied by a generic minute of corporate-speak from Ekert, of course.

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Tags: carlson wagonlit travel , corporate travel , ctir , cwt

Photo credit: A promotional image detailing the evolution of the Carlson Wagonlit Travel brand over time, culminating with a hoverboard riding tech bro. Carlson Wagonlit Travel

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CWT is the New Name in Digital Business Travel, Hotel Distribution, and Meetings & Events

February 18, 2019

Minneapolis, 18 February 2019: CWT has been unveiled today as the new official name of Carlson Wagonlit Travel, the global travel management company.

The three-letter classification combines honoring the company’s heritage and its digital leadership ambitions, as well as reflecting the three pillars of its focused value proposition: simplifying corporate travel, connecting to unlock possibilities, and collaborating with businesses. It also connects with the three-fold intent to be the undisputed global leader in digital business travel, hotel distribution and meetings and events.

“This identity change is the latest phase in our digital development plan to combine the power of technology and innovation with the expert know-how of our people,” said CWT’s President and CEO Kurt Ekert. “There’s a romantic link with the Wagons-Lit era, and we are justifiably proud of our 150 year-heritage – however, today’s developments reinforce our intention to continue to lead our industry for the next century and a half.”

Three of CWT’s four specialist services, CWT Energy Resources & Marine, CWT Meetings & Events, and CWT Solutions Group will also benefit from the rebrand with new logos, while clients of the global hotel distribution division, RoomIt by CWT, will only see minor changes in the color palette.

CWT Promises

Having spoken with our clients, suppliers, and employees across the globe, we’ve identified new opportunities to offer our client’s employees the choice and support they need to be empowered and engaged. And we’ve brought these insights together into three core brand promises that will guide us going forward:

• Simply better travel

Offering a simple and seamless travel management experience - from an intuitive user interface to integrated management tools.

• Unlocking possibilities

Providing more services and content to travelers, travel managers and suppliers - to unlock people potential and business possibility.

• Moving forward, together

Innovating and evolving our offering - using new technologies to provide our clients with new and better ways to manage global corporate travel

Companies and governments rely on us to keep their people connected. We provide their travelers with a consumer-grade travel experience, combining innovative technology with our vast experience. Every day, we look after enough travelers to fill more than 260 Boeing 787s and 100,000 hotel rooms - and handle 105 events. We operate in around 150 countries, and in 2017 posted a total transaction volume of more than US$ 23 billion.

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Carlson Wagonlit Travel

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About Carlson Wagonlit Travel

Carlson Wagonlit Travel has an average rating of 1.2 from 75 reviews. The rating indicates that most customers are generally dissatisfied. The official website is carlsonwagonlit.com. Carlson Wagonlit Travel is popular for Travel Services, Hotels & Travel. Carlson Wagonlit Travel has 154 locations on Yelp across the US. Read below to see the top rated Carlson Wagonlit Travel businesses on Yelp and their customer service rating.

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Thailand after dark: A guide to the best nightlife experiences

Hotel pipeline activity down globally, except in the Americas

FEDHASA announces winners of inaugural Hospitality Awards

WTM Africa Responsible Tourism Awards highlight the continent’s sustainability trailblazers at Africa Travel Week 2024

Shannon Airport bolsters commitment to providing seamless passenger experience as it expands security team

The Radisson brand enters Cape Town with the newly rebranded Radisson Hotel Cape Town Foreshore

AeroCloud unveils new platform innovations in challenge to tech incumbents

Lošinj Hotels & Villas hosts highly successful Loop MICE event

Ryanair launches six new routes for Bristol in biggest ever Summer ’24 schedule

Hyatt EAME announces robust pipeline: More than 50 per cent of regional growth leans into leisure

Milan Bergamo Airport enhances North Africa network with new flights

Seven things to do on a Gatlinburg vacation with friends

Ground-breaking airport hydrogen trial next critical step on journey to achieving zero emission aviation

Five trends shaping corporate travel in 2024

Global Hotel Alliance kicks off its 20th anniversary year with stellar Q1 performance results

Zeal celebrates topping out for net zero carbon hotel

Top 10 busiest airports in the world shift with the rise of international air travel demand

La Dolce Vita Orient Express stops at Vinitaly with its dedicated “Vinitaly Lounge”

Mews Stacks transforms the way hoteliers build tech ecosystems

Marriott International accelerates growth across Europe with nearly 100 hotel conversions

A warmhearted welcome to Six Senses La Sagesse Grenada

Air Serbia commences direct Belgrade – Mostar service

Radisson Collection expands its footprint in Italy with opening of Radisson Collection Hotel, Roma Antica

Euroairlines partners with LetsFly Group to continue improving global access to its flights

IHG Hotels & Resorts brings Kimpton Hotels & Restaurants to Lisbon

Madeira to stage World Travel Awards Grand Final 2024

AHLA rallies industry in support of hotel tax relief

Airlines halt flights amid Middle East unrest

How long can I stay in the US on a tourist visa

Exploring the art cities

Art of bicycle trips launches new tours in Japan and Taiwan

Kieran Perry: The epitome of business mastery

British Airways becomes the first UK airline to introduce two next-generation real-time weather apps

ibis celebrates 50th anniversary

Miami’s Mayor Daniella Levine Cava unveils newest glass boarding bridge at MIA

airBaltic invites to a unique Technical Department Open Day

“Shining Stars FCCA Foundation Dinner” serves up record 13 presidents and above

12 distinctly different properties to join IHG Hotels & Resorts’ Vignette Collection in 2024

Civitatis reaches one million reservations from Mexican travellers, with 94% booking experiences for international trips

Azamara Cruises launches 2025 and 2026 voyages

HotStats welcomes new CEO and Chief Experience Officer

City Destinations Alliance International Conference Reality Check: Exploring authenticity and innovation in urban tourism

2024 State of the Cruise Industry Report shows cruise tourism has surpassed historical levels

Sandos Hotels & Resorts appoints Alan Pujol as its new Vice President of Operations

Bert Hernandez named Brand President of Silversea

UN Tourism and Croatia to establish research centre for sustainable tourism

Equinox Charter announces Rough Guides collaboration

Azorra delivers first Embraer E190-E2 aircraft to Scoot

Universal Orlando Resort reveals stellar details about its two newest hotels, Universal Stella Nova Resort and Universal Terra Luna Resort

Aero launches semi-private flights to some of the world’s largest music, sporting, art, and entertainment events in 2024

Ellison Onizuka Kona International Airport reopened

Metropolitan Nashville Airport Authority bolsters leadership team: Introducing new appointments and promotions 

Winners of the Inaugural F&B@Sea Awards 2024 announced

Aena’s airports in Spain close the third month of 2024 with a record-breaking volume of passengers in a single month of March

FS Group, record investments of 16 billion euro in 2023

Delta Sky Club levels up in Miami with major lounge expansion

Mews Unfold 2024 is ready to set the agenda for hospitality’s future

Fraport traffic figures – March 2024: Passenger growth in Frankfurt impacted by strikes

Israeli airspace reopens after temporary closure due to Iranian missile attacks