What externalities should a travel manager be aware of when forecasting and reducing spend? There are a number of factors that can impact a corporation’s spend on business travel – and all come down to the fragile environment in which airlines and corporate travel management operate.
Top Issues Impacting Corporate Air Travel Spend Read More »
Because the average airline operating profit is just 3%*, airlines must use effective pricing strategies to make the most money for their products.
Insights into Airline Revenue Management: 5 Key Pricing Trends Read More »
Dos and don’ts when negotiating corporate airfares Negotiating the best deal with airline suppliers is one of the most significant tasks for a travel management company – and it’s rarely easy. Airlines face tight profit margins, pushed further by fluctuating oil prices, increased competition, and higher passenger demands. To secure the best deal, you must
Corporate Airfare Negotiations: Top 10 Tips for Travel Managers Read More »
Be aware of poor advice Book on Wednesday. The book is just before midnight. Shop around to compare airlines—book 57 days in advance. There’s no shortage of statistics and questionable advice on how individuals can secure the best price on air travel, some of which can be debunked quite easily. Unlocking the secret of securing
Are You Getting the Best Corporate Airfares? Read More »
As Securing Discounted Corporate Airfares Gets Harder Securing discounted corporate airfares in today’s competitive market poses significant challenges. Negotiating the best deals requires adept navigation through various obstacles, including tight profit margins, volatile oil prices, and increased competition from smaller carriers. Additionally, the complexity of ancillary services further complicates negotiations, with legacy carriers facing pressure
How to Maximize Corporate Airfare Savings in a Competitive Market Read More »
Times are changing and traditional, one-size-fits-all corporate travel policies are no longer meeting the diverse needs of businesses and employees. Many companies continue to use outdated, static travel policies rooted in historic pricing strategies that aren’t even used by carriers any longer.
Are You Still Using Static Travel Policies? Time to Rethink Your Strategy Read More »
