New platform promises hotels lower distribution costs and direct access to corporate travelers
Sep 25, 2025
Corporate Travel Management (CTM) is bringing its Sleep Space hotel commerce platform to North America, marking the first step in a broader global rollout. The platform, first launched in Australia and New Zealand, aims to cut booking costs for hotels while offering corporates lower rates and better compliance.
Key takeaways
- Expansion into North America: Sleep Space is now integrated with CTM’s Lightning booking tool and will connect with Concur by year-end.
- Proven traction in APAC: Since launch, the platform has facilitated more than 900,000 room nights, with rates averaging 13% below market levels.
- Lower cost of distribution: CTM highlights Sleep Space as an alternative that reduces hotels’ reliance on third-party channels.
- Value for corporates: Clients benefit from better rates, added inclusions, and improved compliance through direct partnerships.
- Global growth strategy: The move is framed as part of CTM’s plan to expand innovative solutions for corporate travel worldwide.
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