Buckle Up and Budget: Cutting Costs, Not Corners episode artwork

EPISODE · Apr 16, 2024 · 7 MIN

Buckle Up and Budget: Cutting Costs, Not Corners

from Mileage May Vary - A Business Travel Podcast · host Ortharize - Business Travel Better

In this episode of Mileage May Vary, Sam and Alex share expert tips on how businesses can reduce costs on their corporate travel while still providing a seamless experience for employees. Key Highlights: 1. Set Clear Travel Policies:One of the easiest ways to save money on business travel is by establishing a clear and consistent travel policy. This ensures employees understand the budgetary guidelines and preferred vendors, leading to smarter decisions and fewer unnecessary expenses. 2. Leverage Technology for Smarter Booking:Using travel management platforms like Ortharize allows businesses to streamline their booking processes, track spending in real-time, and take advantage of exclusive deals. Ortharize’s platform, for instance, provides insights into travel habits and areas for potential savings, ensuring every trip stays within budget. 3. Reward Employees for Cost-Conscious Decisions:Incentivising employees to choose more cost-effective travel options can help reduce overall spending. Programs like Ortharize’s Recoup Credits Scheme reward employees and companies for making under-budget travel bookings, allowing them to accumulate credits that can be used for future cancellations or amendments. 4. Book in Advance and Be Flexible:The earlier you book, the more likely you are to secure lower rates on flights and hotels. Flexibility with travel dates also helps—sometimes shifting a trip by just a day or two can result in significant savings. 5. Opt for Alternative Accommodations and Transportation:Sometimes, the cheapest option isn’t the most obvious one. For example, choosing a business apartment over a hotel for long-term stays or taking a train instead of a flight can cut costs. Additionally, choosing direct routes and avoiding layovers can reduce both travel time and expenses. 6. Use Rewards Programs and Travel Credits:Maximise savings by utilising frequent flyer miles, hotel loyalty programs, and credits like Ortharize’s Recoup Credits, which help offset future fees for cancellations and amendments. These small savings can add up quickly over the course of the year. Special Offer:Want to take your business travel savings to the next level? Visit Ortharize.com and use the code MMVFREE for 3 months of Premier access for free, and start saving today!

Episode metadata supplied by the publisher feed · Published Apr 16, 2024

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