Argentina
History
OUR TRAJECTORY IN ARGENTINA.
Carlson Wagonlit Travel commenced operating in Argentina on January 1st 2001,
and within the first 3 years we were able to reach first place amongst the corporate travel
companies in our country. Carlson Wagonlit Travel has become an expert in travel management,
this is our main activity, and the strength of our company resides fundamentally within our team of
highly qualified specialists.
Year 2002
During the first semester of the year 2002, Carlson Wagonlit Travel positioned it self in 10 th place in the Argentinean BSP ranking and in 6 th place in the Corporate Agency ranking; in only one and a half years time of having commenced our operations. Carlson Wagonlit Travel was the only specialized corporate travel company that registered a growth, which was of 254%.
During the first semester of the year 2002, Carlson Wagonlit Travel positioned it self in 10 th place in the Argentinean BSP ranking and in 6 th place in the Corporate Agency ranking; in only one and a half years time of having commenced our operations. Carlson Wagonlit Travel was the only specialized corporate travel company that registered a growth, which was of 254%.
Year 2003
During the month of June of the year 2003 a new study was performed, comparing the first quarter BSP figures. Carlson Wagonlit Travel stood out in 3 rd place of the General BSP ranking and in 2 nd place of the Corporate Travel Agency ranking, reaching a growth of 98% versus 2002. The results obtained by our company, in less than 3 years of operation, are proven evidence of our capacity to develop and grow in a competitive market.
During the month of June of the year 2003 a new study was performed, comparing the first quarter BSP figures. Carlson Wagonlit Travel stood out in 3 rd place of the General BSP ranking and in 2 nd place of the Corporate Travel Agency ranking, reaching a growth of 98% versus 2002. The results obtained by our company, in less than 3 years of operation, are proven evidence of our capacity to develop and grow in a competitive market.
Year 2004
The year 2004 was a year of great changes and challenges for Carlson Wagonlit Travel, during which time our organization strengthened its presence within the corporate travel market. Along with these changes and challenges, an expansion growth in clients and increase of CWT employees were experienced as well. At year end, we were in 2 nd place in the Argentinean General BSP ranking.
The year 2004 was a year of great changes and challenges for Carlson Wagonlit Travel, during which time our organization strengthened its presence within the corporate travel market. Along with these changes and challenges, an expansion growth in clients and increase of CWT employees were experienced as well. At year end, we were in 2 nd place in the Argentinean General BSP ranking.
Year 2005
Carlson Wagonlit Travel once again demonstrated new growth, ending 2005 in
first position in the Argentine BSP Ranking. This increase was also world wide, reaching a
net income growth of USD56 million versus USD39 million from 2004. Our growth highlights the
relevance and value of the services we provide to our clients, as well as the effectiveness of our
global, integrated organization. It also shows that we are making tremendous progress in becoming a
high-tech, professional services provider, delivering savings, service and security to our
clients.
Year 2006
Carlson Wagonlit Travel acquires Navigant International, doubling its size in North
America and reinforcing its position in Asia Pacific. A change in CWT shareholding structure
also happened, Carlson companies and One Equity (OEP) acquired 50% stake in Accor. Carlson becomes
majority shareholder with 55% of Carlson shares, while OEP holds the remaining
45%.
Carlson employees more than 22,000 people worldwide. Annual sales generated under
the Carlson Wagonlit Travel brand name exceed US $26 billion
Year 2007
Carlson Wagonlit Travel had a total sales volume of US$25.5 billion in 2007 and for
the first time in its history, became the world’s leading travel management company. Carlson
Wagonlit Travel in Argentina also ended the year as the number one travel management company in the
country. This is clearly a reflection of our focused strategy and our ability to lead in
responding to changing market conditions while addressing the complexities of effective travel
management.
Year 2008
CWT continues to enhance its presence in the local market, emphasizing the relevance
and value of the services we provide our customers. We also opened a MSC (Multinational
Service Center) offering specialized telephone service to our regional customers in Latin
America.
Year 2009
A particularly difficult year; we have confronted
many challenges, made difficult decisions and managed great levels of change within our
structure. As challenging as this past year was, CWT continued delivering excellent value
added service to our clients. And thanks to our team effort, CWT continues to be leader in
Business Travel Management in Argentina and globally.
