Travel is one of the most challenging and emotive of all expense categories for which to budget. Not only is overall travel volume unpredictable, but the cost of any given trip depends on market rates and demand, and is based on thousands of purchasing decisions made by employees. As leaders in business travel, we...
Incentive Budgeting: 3 Ways to Save
Want to know how to stretch your corporate travel incentive budget? Here are tips from Thompsons Travel. Want to stretch your travel incentive budget? Consider these tips from our experts: 1. Location, location, location When you take airfare, hotel accommodation, food, entertainment and special activities into account, your choice of destination will dramatically affect...
3 Ways to Cut Business Travel Costs
Are you looking for cost-reduction strategies which can be applied to your organisation’s business travel budget? From partnering with specialists and planning ahead to updating your travel policy, here are 3 ways you can cut your business travel costs. 1) Partner with a Travel Management Company Key to your cost-saving strategies, partnering with business...