5 | CWT

CWT
2022 sales: $13.6 billion
Previous ranking: 5 (based on estimates by Travel Weekly)
Employees: 12,000

701 Carlson Parkway
Minnetonka, MN 55305
Phone: (800) 213-7295
Website

Executives

PRESIDENT/CEO: Patrick Andersen
CFO: Judy Hendrick (retiring July 1); Jim Shepherd (after July 1)
CHIEF PARTNERSHIP OFFICER: Brian Mogler
CHIEF EXPERIENCE & TECHNOLOGY OFFICER: John Pelant
CHIEF HUMAN RESOURCES OFFICER: Laura Watterson
CHIEF CUSTOMER OFFICER: Nick Vournakis
CHIEF STRATEGY OFFICER: Julia Kou
CHIEF LEGAL OFFICER: Lauren Aste

Company facts

* Privately held company.

* Owned through funds managed by global financial institutions, including Barings, MacKay Shields, and Monarch Alternative Capital.

* Sells travel products directly to customers.

2022 Developments

* Added new trip-planning management and collaboration functionalities to MyCWT platform.

* Advanced NDC adoption scalability with new pilots.

* Launched 24/7 English-Mandarin bilingual service hub.

* Simplified pricing and billing with new subscription fee model.

* Launched real-time carbon footprint indicators to help customers make more sustainable choices.

Looking ahead

* Enhancing MyCWT platform to offer a more tailored experience and data/insight solutions.

* Focusing on sustainability, traveler well-being and inclusivity program management offerings (i.e., real-time carbon footprint indicators, nonbinary profile fields, on-trip connectivity and traveler tracking systems).

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