Carlson Wagonlit Travel Overview
Pro stress-test →CWT (formerly Carlson Wagonlit Travel) is a travel management company that manages business travel, meetings, incentives, conferencing, exhibitions, and handles event management. Headquartered in Minneapolis, Minnesota, the firm reported US$23 billion in total transaction volume in 2018. However, the company was acquired by American Express Global Business Travel (Amex GBT) on September 2, 2025.
Strategic Profile
Pro stress-test →CWT is a global business travel and meeting company specializing in business travel management and is dedicated to helping companies of all sizes, government institutions, and non-governmental organizations streamline their travel programs and provide best-in-class service and assistance to travelers. It is ranked 5th on the list of top earning travel companies published by Travel Weekly.
Competitive Landscape
Pro stress-test →CWT's top competitors include Amadeus, Emerging Travel Group and CloudBeds. The business travel management market features competing platforms like Concur (SAP), TravelPerk, and emerging digital-first travel platforms. Additional competitors include Frosch, Gant Travel, Adelman Travel, Direct ATPI Global Travel, and ATPI Group.
Industry Context
Carlson Wagonlit Travel operates in Business travel and expense management.
Key facts
Founded: 1994 · Headquarters: Minneapolis, Minnesota, US · Employees: 8,083 (historical) · Revenue: $23 billion transaction volume (2018)