Total transaction volume for the year to 31 December reached US$25 billion, up 6.1 per cent over 2017. This included new sales worth $1.7 billion, with revenues increasing 4.9 per cent to $1.5 billion.

The company’s specialist CWT Meetings & Events division saw revenues increase 6 per cent in 2018.

Hotel distribution business RoomIt by CWT saw particularly good results, booking an average of 30 rooms each minute and achieving an increase of 12.8 per cent in revenues.

Related Link: Carlson Wagonlit’s RoomIt unit is growing fast