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Travel Relationships
Considering the Value of Options Travel
Looking to maximize every dollar of your travel spend? One
effective way to do this is by assessing your company's travel
management needs.
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1) An Applied Travel Policy
Applying a travel policy means your company ensures that travelers
book the appropriate service levels for their trips and that
preferred carriers/suppliers are used. It also means getting
volume discounts from the airlines, hotels and car rental agencies
that save companies millions each year. Consider these facts:
Business Travel News (BTN) estimates that a company with
under $1 million in annual air spend typically achieves a 10%
discount on negotiated fares.
BTN research also indicates that companies with annual
air spend between $3 and $12 million negotiate average discounts
of 19% off of domestic airfares.
These money-saving opportunities are why companies of all
sizes not only negotiate discounts with travel suppliers, but
also apply an enforceable policy to their employees' travel
decisions.
2) The Best Fares
The secret to getting the lowest prices, however, does not
end with corporate discounts. The way to get the best fares
is simple: have access to the widest range of fare options-sometimes
fare sales and other promotions by airlines, hotels, and car
providers offer even better rates than your corporate negotiated
fare. Look at it this way: If you don't get the biggest menu,
you are simply missing out on all the faring options. How do
we help? We offer the fullest menu possible:
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What is the result
of this larger menu of fares? In a study comparing 12,000 itineraries
made by agents and Web sites, research firm Topaz International
found that agent fares were on average 23% cheaper than the same
bookings made via the Internet (www.etopaz.com/news.html). Options
Travel larger fare menu is a major factor.
3) Sufficient Data & Reporting
Smart companies also know that reports of their travel spend
enable them to quickly and effectively track and analyze spending
patterns. Monitor travel expenditure reports to verify policy
adherence, and to properly analyze, budget and control travel
expenditures, as well as to monitor performance against volume
discount agreements for renegotiation purposes with suppliers.
4) Value-add Services
What about all those other factors that inevitably come into
play? OptionsTravel.com, via online or phone service, provides
many additional services to keep your employees, travel managers
and CFO's satisfied. Not surprisingly, these services frequently
add up to large savings for your company. Examples include:
- Changes to air/hotel/car itineraries
- Unused ticket tracking
- Post-reservation fare improvement searches
- Location of employees in case of emergency
- Faster service vs. the 30 minutes a traveler averages
booking online (PhocusWright)
- Consulting help to assist you in renegotiating the best
supplier discounts
- and further lower overall travel spend
To maximize every dollar of your corporate travel spend, call
us today at:
800-544-8785
Options Travel
200 Howard St, Suite 298
Des Plaines, IL 60018
800-544-8785
info@optionstravel.com
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