CT Partners is looking firmly to the future, with plans in place for the travel buying group to build on FY24’s record results by further enhancing its premium offerings and driving value for its members.
As the curtains closed on the group’s 20th annual conference in Hội An, Vietnam, CEO Matt Masson highlighted collaboration as a major driver of the group’s strong performance, which saw it report TTV in excess of AU$2 billion for FY24 and record overrides of AU$26 million – a 48% increase on FY23.
“It’s inspiring to see CT Partners’ members support each other in creating and growing successful businesses,” he said. “Our network thrives because of this collaboration, and we’re more committed than ever to driving value and fostering an environment where every member can excel.”
Chair Joe Araullo said the results demonstrated the strength of CT Partners’ model. “By ensuring that supplier payments go entirely to our members, we are empowering their growth and enhancing their market competitiveness,” he said.
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The event included the Annual General Meeting where members welcomed Anna McMurtrie of Wentworth Travel to the Board following her election to succeed long-standing Director and founding member Mark Chaskiel of FBI Travel.
Looking ahead, CT Partners projects continued growth for FY25, with 5% year-on-year growth in Q1 airline production, driven by a strong focus on premium cabin sales.
“Our momentum is strong, and we are well-positioned to deliver another successful year,” Masson said.
Planning is already underway for its 2025 conference, to be held from 28 to 31 October at the Four Seasons Kuda Huraa in the Maldives.
