// startup autopsy
Corporate Lodging Consultants
Twenty-six years of corporate lodging expertise absorbed into the travel consolidation wave
external shockAcqui-hire
Fatal mistake: Failed to adapt quickly enough to the post-9/11 collapse in corporate travel demand while facing consolidation pressure from larger travel management companies.
Key Events Timeline
FOUNDING
Corporate Lodging Consultants founded in the USA as a corporate travel and lodging management firm.
PRODUCT LAUNCH
CLC expands its corporate lodging programs nationally, becoming a recognized player in business travel management.
REGULATORY ACTION
Post-9/11 corporate travel collapses; CLC faces severe revenue decline as business travel halts across the USA.
FUNDING
CLC secures last known transaction or investment as acquisition talks begin amid industry consolidation.
SHUTDOWN
Corporate Lodging Consultants is acquired, ending 26+ years as an independent travel management firm.