Wilson Asset Management: The global opportunity for CTM is huge

Wilson Asset Management: The global opportunity for CTM is huge. Corporate Travel Management, which floated at a valuation of just $70m back in 2010 is now worth more than $1bn and competing for top tier corporate travel accounts against the likes of Flight Centre. Chris Stott, the CIO at Wilson Asset Management says the company has done a brilliant job expanding the company in a challenging environment. The early signs of its expansions into overseas markets are proving positive. It is an incredibly well-run business by Jamie Pherous. The opportunity set for them in the US, UK and Asian markets are huge. We believe they can continue to take further market share here domestically as well as moving to 2015 in an improving environment for corporate travel spend. Full article: (VIEW LINK)