Citi analysts express their short-term preference for Flight Centre Travel (ASX:FLT) over Corporate Travel Management in the realm of Australian travel management firms.

Citi analysts noted that Corporate Travel Management appears to have lost some share in the Australia and New Zealand region, while their competitors are growing at faster rates and exhibiting a favorable mix within the United States.

While acknowledging Corporate Travel Management as a high-quality company anticipated to rebound, the analysts express their immediate preference for Flight Centre Travel due to its operating momentum and improving macro.

They explained that while macro trends such as lower ticket prices and high volumes should have positively influenced both firms, the results were starkly different.

This year to date, Corporate Travel Management’s stock has fallen by 12.6% while Flight Centre Travel’s has increased by 6% as of the last trading session.

Flight Centre Travel (ASX:FLT) is a leading travel management firm based in Australia.