Reviewing corporate travel policies is key

Among the many benefits of using a corporate travel management company such as BCD Travel is that clients can collect data on their corporate travel spend and create reports documenting their corporate travel patterns through BCD Travel’s online reporting solutions

For example, a corporate travel client might have a policy in place that all corporate travel by air should be booked with fully flexible ticketing so that when meetings and flights are cancelled, the tickets can be changed.

“If a corporate travel client is booking 100 flights a year and paying 20% more in order to have fully-flexible tickets, yet they’re only cancelling 2% of flights booked, then we would recommend they switch to cheaper non-refundable or reusable tickets and wear the much lower cost of the very few that are cancelled,” said BCD Travel National Sales Manager, Stephen Finlay.