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Corporate Travel shares smashed, talks down recession fears

Corporate Travel Management says business customers have so far avoided belt tightening despite looming recession fears.

“We haven’t seen anyone say, ‘Oh no, we’re going to say stop travel or halt travel’,” Corporate Travel chief executive Jamie Pherous said on Wednesday.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/tourism/corporate-travel-talks-down-recession-bogeyman-20230213-p5ck6q