Flight Centre’s corporate business on course for record year

Transactions back up to 90% of pre-Covid levels and its TMC brands outpacing the broader industry recovery

Feb 27, 2023

The Australian-based travel giant, which owns business travel brands such as FCM and Corporate Traveller, said that its global corporate business had already seen total transaction value exceed pre-pandemic levels to reach a new company record of AU$5 billion during the six months to the end of 2022.

Key takeaways

  • Revenue from its corporate brands was up to 88% of 2019 levels with the expectation it would exceed AU$10 billion during its current financial year ending in June 2023, which would be another record figure;
  • Corporate activity accelerated from mid-January onwards, with record levels of bookings at FCM in the US and a solid rebound from China after the country reopened its borders at the start of the year.

Get the full story at BTN Europe

Related must-reads


Get our Daily Brief in your inbox

Consumers are changing the face of hospitality - from online shopping to personalized guest journeys and digitalized guest experiences ...
we've got you covered.

By submitting this form, you agree to receive email communication from Hospitality.today and its partners.