CWT Takes Controlling Stake In China Joint Venture And Builds Proprietary, Locally Hosted Booking Tech

Industry consultants said CWT's investment of millions of dollars into new products in China and the acquisition of a controlling stake in its joint venture there position the company well in the world's largest business travel market. The travel management company on Monday announced a China version of its myCWT platform, a mobile-first approach featuring innovations in content, payment, shopping and client integration. In pilot now with "a few" customers, it will roll out beginning in the June quarter.

CWT president and CEO Kurt Ekert said the company identified China as a market with . . .

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Jay Campbell

Author: Jay Campbell

Jay Campbell in 2004 created travel business newsletter The Beat, in 2006 co-founded Travel Procurement magazine and in 2010 integrated them with Business Travel News. He served as editorial director until 2013. Jay made his travel industry media debut in 1993 at the Air Travel Journal of Boston while earning his undergraduate degree in journalism at Boston University.
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