Business owners are always on the lookout for ways to save money, and one area where significant savings can be found is business travel. By employing smart booking strategies and exploring affordable options, travelers can effectively reduce the cost of their business trips. This article provides valuable tips on how to save on hotels and flights, helping businesses maximize their travel budgets.
Saving on Hotels:
1. Book hotels and flights together:
Take advantage of combined packages offered by online travel booking sites. Purchasing a flight and hotel together can lead to significant cost savings, even for business travelers.
2. Surf online, book over the phone:
Browse through various online booking channels to find the best deals, and then contact the hotel directly to negotiate a lower rate. Hotels are often willing to offer better prices to avoid paying third-party booking fees.
3. Consider advance fees:
If your travel plans are firm, nonrefundable hotel reservations can provide the best prices. Paying in advance can result in savings of up to 20% when booking directly with hotels.
4. Utilize refundable bookings:
Alternatively, opt for refundable bookings to have flexibility in your plans. Many hotels do not impose cancellation fees like airlines, allowing you to make changes if needed.
5. Use corporate discounts:
Businesses often negotiate discounts with preferred hotel vendors, which can range up to 40%. Utilize corporate booking tools to access these discounts and secure the lowest possible fares.
6. Explore last-minute options:
For last-minute bookings, inquire about unused rooms or cancellations directly with your preferred hotels. Additionally, consider checking last-minute booking sites such as Hotel Tonight for alternative options.
7. Clear your cookies:
Clearing your browser history and cookies can help you find more favorable prices, as travel sites may offer better deals to customers without a strong purchase intent.
Flight Saving Strategies:
1. Travel during off-peak hours:
Flights are generally cheaper between 5 am to 7 am and after 8 pm. By opting for off-peak travel times, businesses can save an average of $116 per flight.
2. Fly on specific days:
Research indicates that Tuesdays, Wednesdays, and Saturdays are the lowest-cost days for air travel. Choosing these days for your flights can result in significant savings.
