In today’s economy, demand management in relation to corporate travel is a hot topic. Leading travel management company (TMC), BCD Travel, offers the following tips for companies looking to reduce their corporate travel costs in 2009.
1. Assess your spending - monitor reports provided by your corporate travel agency showing your business travel expenditure, along with the names of staffers who are booking trips2. Reduce the number of corporate travel trips your staff take by investing in technological solutions, where possible, such as online booking tools
3. Adjust the rules regarding flight seating and restrict business and first class seating to long haul flights
4. Choose domestic locations instead of international locations for meetings incentives conferences exhibitions (MICE)
5. Shop around or re-negotiate any preferred supplier deals you have in place with airline carriers and hotel chains
6. If you don’t have a business travel agency, it might be time to get one! A professional travel management company (TMC) can help you build and enforce a business travel policy that fits you budget and business goals. If you would like to enquire about BCD Travel’s corporate travel management services, please contact BCD Travel.
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