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Australia’s Fastest-Growing Company Declares War On Corporate Travel Agents

October 8, 2013 Corporate 2 Comments Email Email

Australia’s fastest-growing company is growing at such a rapid rate it is putting pressure on its more established competitors.

Weinman

Weinman

Established by two Melbourne businessmen outraged at the costs involved with booking corporate travel, Plan B has been so successful it was named Australia’s fastest growing company by leading Australian business website SmartCompany.

Since its inception in 2010, at the height of the global financial crisis, Plan B has experienced rapid growth, going from a turnover of $1 million in its first year to more than $28 million in the past year alone. The company is on target to turn over in excess of $100 million in the current financial year.

Plan B was founded by high-profile Melbourne entrepreneur Philip Weinman and Dr Clive Sher, a former medical doctor and now consultant to businesses in OH&S, as they were looking to beat the frustrations they were experiencing with corporate travel agents.

“Having done so much corporate travel ourselves, we were unhappy about how reliant we were on a third party every time we wanted to make a booking. We tried to leave our travel agent, but it was difficult because they owned our profiles, data and history. What was our Plan B? We didn’t have one so we started our own company,” said Weinman.

“The key difference between Plan B and other corporate travel agencies is that we have built our own in-house software which allows businesses to own their travel profiles rather than having them controlled by the travel agent.”

Locomote travel management platform is the unique software behind Plan B’s success. It gives power back to corporates and enables employees to take control of their own travel plans and book their own travel.

“Our software provides employees with a clean and simple user experience so they don’t need to engage a travel agent.  As a service provider, we see our role as simplifying processes, so we have reduced the reliance of the travel agent which has dramatically cut costs.

Plan B is a fully accredited travel provider which has brought in key advisors it calls “travel geniuses” to offer assistance to clients when last minute or executive travel needs to be booked.

“Reducing travel costs, providing an improved travel service and maximising business efficiency for all involved is what we’re all about – and Plan B has allowed us to fulfill these goals.

“We don’t intend to stop now that we’re the country’s fastest-growing company. We have already started to offer Plan B internationally and we are servicing several global accounts,” said Weinman.

Plan B’s head office is in Melbourne and it has offices across Australia.

Currently there are "2 comments" on this Article:

  1. The Insider says:

    From what I’ve heard, these guys are quite the joke…haven’t got a clue about the travel management industry, hiding behind bluster about “killing off the agent” and their clients are suffering with no-one to direct them. And clients are paying more too. I’ve also heard that this “fastest growing company” thing is a sleight of hand, all thanks to the books being cooked. Might be a house of straw scenario.

  2. michael says:

    fakeeeeee. They are not doing 28 mil a year.

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