4Q09 is here and budgets will soon be reviewed again for 2010. If you are like most companies, you have cut your travel budget considerably this year and intend to stay as lean and mean as possible with most forecasts indicating increased airfares of 1% to 6%; hotels decreasing more; and rental cars increasing around 4%. With these facts in mind, what should be considered when making changes to your travel policies for 2010?
- Airfares – look at ways to improve your advanced purchase bookings. With improving demand and carrier capacity cuts, the airlines will not hold those low fare seats open for booking as long as we have seen in 2009. Booking early will become more important in 2010.
- Car Rentals – as rental car companies continue to cut fleet capacity consider consolidating to one vendor.
- Hotels – with decreased rates continuing, properties are more open than ever to offer special corporate rates to companies with fewer total-room-night qualifiers.
Christopherson Business Travel makes reports available to indicate where you can improve your advanced booking practices with individual travelers and/or departments thereby maintaining your 2010 budget. Our account managers work with your preferred car vendors to decrease your rates or at the very least keep the rates in check; or, suggest other vendors to consider. We also review and analyze all your hotel rates and options to locate additional savings and added amenities for your travelers.
Christopherson’s AirBank® provides real-time views by travelers, travel arrangers, and travel managers in our single sign-on AirPortal® as to outstanding unused tickets available to insure your use of every travel dollar invested. Car and Hotel Re-Check® monitors your reservations a few days prior to arrival for lower rates, again, insuring you of every savings possible that will positively affect your ROI.