PRESS RELEASE: FCM Travel Becomes Flight Centre Travel Group's Largest Global Brand
New York, NY (November 18, 2024) – Flight Centre Travel Group has today announced that FCM Travel, the flagship large market specialists with a presence in over 90 countries across the world, is now the company’s largest global brand when it comes to Total Transaction Value (TTV).
The announcement comes as FCTG recently revealed its FY25 profit guidance at its Annual General Meeting. FCM Travel, celebrating its 20th birthday this year, generated 31% of FCTG’s fiscal year 2024 TTV, compared to just about 20% in FY19 – with new business wins and the onboarding of key multinational customers being a main driver.
“As the alternative in business travel, FCM prides itself on being the most adaptable, responsive, and innovative travel management company in the market – we have made huge strides over the last two decades to set ourselves apart in the industry,” said Melissa Elf, Global COO, Flight Centre Corporate. “What we’ve seen in recent times is that corporate travel is anything but discretionary, it’s very much seen as a necessity for businesses to survive and thrive, while also being a key facet to winning new business, retaining staff, and growing.
“Our continued investment in our talented teams, services, and technology has only amplified our mission to offer travel buyers the capability, visibility, and flexibility to manage their business travel in the way they want – and ensure travelers are cared for along every step of their journey,” said Elf.
The breadth of offerings under the FCM Travel umbrella, namely its FCM Meetings and Events (M&E) and FCM Consulting divisions, has helped to continue to deliver a complete suite to customers. This year, the top industries traveled for FCM have been manufacturing, technology, government, finance and banking, and education.
About FCM Travel
FCM is one of the world’s largest travel management companies and a trusted partner for thousands of national and multi-national organizations, including many household brands, Fortune, and FTSE 100 companies. With a 24/7 reach in 95 countries, FCM’s agile and flexible technology anticipates and solves client needs supported by expert teams who provide in-depth local knowledge and duty of care as part of the ultimate personalized business travel experience.
As the flagship corporate travel arm of Flight Centre Travel Group, FCM is able to deliver some of the most competitive rates, unique added-value benefits, and exclusive solutions for its clients to support their business travel requirements. A recognized leader in the travel tech space, the company has debuted several proprietary client solutions over the last 12 months including a new omnichannel platform featuring a "first of its kind" customized end-to-end user experience and FCM Booking, an innovative option to traditional OBTs.
Alongside its travel management services, the company provides specialist services through FCM Consulting and FCM Meetings & Events to service broader needs of clients. Discover the alternative at www.fcmtravel.com
Media Contact
Scott Weiss – FCM Travel
U.S. Director of PR and Communication
scott.weiss@us.flightcentre.com