Recent market commentary on Corporate Travel Management (‘CTD’) has convinced some investors to pack their bags, whereas we, ECP Asset Management (‘ECP’), view this as irrational behaviour and an opportunity to buy a quality business at a more sensible price. Show More
Hi All, thank you for the comments. We write these articles from time to time to inform the debate. We are very much for increased transparency and clarity - and that can come from both sides of the argument - short and long. We very much believe good investment decisions stem from doing thorough analysis to make informed decisions, and we're happy that we were able to provide some incremental understanding about the situation. We look forward to putting out more pieces of work over time.