As a business owner, you are always looking for ways to save money when running a business. Among all areas, business travel is one key area where you can find savings on flights and hotels. By following the best booking strategies and using the options available, travelers can reduce the cost of their business travel.
Here are some ways to save on hotels and flights:
Save on hotels
Book hotels and flights together
Online travel booking sites offer price discounts for buying a flight and a hotel together. The combination packages are mainly used by holidaymakers but also offer great value to business travelers with flexible preferences.
Browse online, book by phone
To get the best deals, browse through different online booking channels and find the option you prefer. Contact the hotel and ask them to further reduce the rate. This works because many hotels will cut to avoid paying third party booking fees.
If you're unsure of your travel plans, non-refundable hotel bookings offer the best price. An advance payment can save up to 20% on bookings made directly with hotels.
Take advantage of refundable reservations
Alternatively, you can book a reservation by searching for the best rates online. Hotels usually do not have cancellation fees like airlines.
Use corporate discounts
Companies often negotiate with preferred hotel dealers and receive discounts of up to 40%. So using corporate booking tools can give you the lowest possible rate when booking.
Last Minute Travel
If you book at the last minute, you can find deals for unused rooms. Talk to your favorite hotels to know about cancellations. In addition, searching for last-minute booking sites like Hotel Tonight can help you get other options.
Say No to Cookies
Travel sites maintain cookies to identify customers who have a strong intention to buy. Clearing your browser history can give you cheaper rates.
Flight saving strategies
Travel outside peak hours
Flights are cheapest between 5am and 7am in the morning and after 20 hours. Businesses can save an average of $ 116 per flight by flying at peak times.
You fly on certain days
Recent studies have found that Tuesday, Wednesday and Saturday are low-cost flying days. A flight these days can save you money.
Take connecting flights
Direct flights are convenient, but takeoff flights will cost you less. Connecting flights is one of the strategies that can help you save money.
See from less expensive airports
When looking for flights, select the "Include nearby airports" checkbox. You can choose alternative airports that cost you less than others and not necessarily further away.
Make early reservations
Tickets booked less than seven days before departure will cost you an average of 44% more than if booked 15 or more days in advance.
Book at the right time
Flight tickets fluctuate throughout the week. Surveys have revealed that the best time to book air travel is Tuesday at 3:00 PM ET, the time when airlines will launch their discounted inventory.
Leverage reimbursement rules
Reservations made at least 7 days in advance can be canceled within 24 hours. This creates a grace period in which you can cancel your reservations if your travel plans are not final.
These strategies can help you save money while booking flights and hotels.