Full service agency Chambers Travel Events is reporting a 37% increase in turnover during the first half of its financial year, July to December 2015, putting it on track to reach a total turnover of £9.2m for the whole year.
In the last four months, Chambers Travel Events says it has won three significant clients in the technology sector with a total annual spend of £3m.
The agency has also expanded its headcount with the appointment of three new project managers in London, bringing the team to a current total of 16 staff. Plans are underway to recruit a further two MICE specialists and an additional group fulfilment staff member in the UK.
The agency has also boosted its MICE capabilities in the German market with the appointment of two German speakers.
As part of the Chambers Travel Group, CT Events is also poised to rebrand as Event Travel Management (ETM) from the end of March. The move reflects the group’s overall rebrand to parent company Corporate Travel Management’s identity.
Headquartered in Australia, Corporate Travel Management (CTM) acquired Chambers in January 2015 in order to establish a European anchor for its global operations. The rebrand process not only involves a name change and new logo. It means Chambers Travel Events’ team in the UK & Europe will become a key hub within Event Travel Management, CTM’s global MICE division, which has offices in Australia, USA and Asia. ETM has a global turnover of £40m and employs over 100 staff.
“The growth in turnover we have experienced so far this financial year is an incredible endorsement for the CT Events team as it comes on the back of 70% growth in 2014/15,” said Frits de Kok, marketing and events director, Chambers Travel Group. “Fundamental to our success has been a clear strategy of maximising the MICE business and opportunities as a division of Chambers Travel Group; recruiting high calibre specialist staff, and investing in technology. This has led to us winning significant new business and then retaining and growing those clients year on year.
“We are very excited about our rebrand to Events Travel Management,” he added. Becoming fully integrated with Corporate Travel Management’s MICE division will give us even more opportunities to grow our global client base. The move will also support us in managing our growth and ensure we nurture our business as it continues to mature.”