CWT to invest $100m on technology, innovation and product development

Company travel management system, CWT, has unveiled designs for its $100 million expense in the myCWT vacation administration system and ground breaking product supplying.

CWT stated the 2022 investment decision designs “hinged about individuals, system and objective themes”, optimising its electronic-initial proposition and providing built-in solutions for providers and their travelling staff to have seamless ordeals in the evolving vacation landscape.

The very first tranche of financial investment allocated to new abilities coming to industry in the subsequent six months are:

• Responsible vacation initiatives helping travellers and travel managers accomplish extra purposeful travel and vacation programmes – in response to 67% of CWT world-wide consumers stating that their company’s sustainability targets are a lot more essential considering the fact that the pandemic.
• Platform connectivity enhancements to make certain a seamless and successful electronic expertise for vacation supervisors and their travellers – reflective of the increased part know-how plays in increasing traveller self-confidence as they resume touring.
• Broader articles to more grow the breadth of travel decision and trip selections – making certain increased overall flexibility to fit evolving vacation programm wants.

In December very last yr, CWT announced many new capabilities to its myCWT system for its clients globally that include things like flight seat range, resort business spot research and improved trip disruption client help. On the again of these initiatives, the company’s new investment decision plan in Q1 2022 incorporates the introduction of carbon footprint indicators. “Thereafter CWT has an bold calendar and cadence of new abilities, established for supply all over the rest of year,” it added.

John Pelant, EVP and main technological know-how officer, stated the new investment decision ideas gave the corporation  “the opportunity to speed up platform development and innovation, although continuing to supply the most highly developed electronic goods and knowledge obtainable in corporate journey these days.”

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