Effective Ways to Reduce Business Travel Costs

by Anjeeta 12. November 2009 13:12

Business travel is considered to be an essential tool of commerce in both large and small companies. In fact small companies seem to have a greater reliance on business travel as they often lack the visibility of large companies. Moreover small companies have to compete with large companies in order to acquire new customers as a result of which they have to often invest in substantially in business travel for face to face client and sales generating meetings. It is estimated that in large firms business travel costs make up three to five percent of sales but in smaller companies this business travel component tends to be much higher.

A recent study conducted by the economic forecasting agency, Oxford Economics states that there is a definite link between business travel and corporate profitability. It goes on to add that every dollar spent on travel by a US company can generate an average of $3.80 in profit and a $12.50 in revenue. However, due to the current ongoing economic downturn, several companies across the board have cut back or drastically reduced their business travel spends in recent months. The study concludes that this should be considered as ‘a penny wise and pound foolish approach’ as the bottom line benefits that accrue from business travel are in fact achieved by most businesses over a long time horizon.

Rather than cutting back or eliminating business travel totally, companies should look to reduce and effectively manage their business travel costs in order to continue to avail of the advantages of business travel in a challenging economic climate. Travel expenses can be managed more efficiently if a company takes these simple actions toward organizing its travel activity and curbing its business travel spending.

Essential business travel trips
Companies who have a regional or global footprint tend to rely quite extensively on business travel, however if business travel costs need to be reduced, then such companies should try to limit their business travel to essential trips that only involve face-to-face client meetings and to those trips which are exclusively sales related or meant solely for incentive purposes.

Partnering with a travel agency
If you are looking to reduce business travel costs for your company and do not have a partnership with a business travel agency now is the time to get one. A professional travel agency like the New York City based travel agency, Fare Buzz can help you outline your travel goals and build and enforce a business travel policy that fits your budget and business goals.

Negotiating with suppliers
After you have outlined your goals and set down the rules for employee travel, you can then attempt to renegotiate rates with your regular suppliers like airlines or hotels or even shop around for new lower cost suppliers. However if you attempt to do this on your own you might not be as successful as you would be if you allowed your partner agency, Fare Buzz to negotiate on your behalf. Fare Buzz has exclusive contracts with more than sixty domestic and international airlines and can thus effectively negotiate to acquire cheap business class air fares which are especially required for long haul international business travel journeys.

However Fare Buzz’s services are not just limited to airlines as the company also has an exclusive relationship with a wide network of more than 100,000 diverse hotel properties and can also secure bargains from your preferred hotel chains to meet your business travel needs.

Free travel on award tickets
Fare Buzz is the country’s leading supplier of cheap business class tickets. Fare Buzz through its special relationship with a whole host of airlines manages to procure wholesale cheap business class flights which it then offers for sale to its clients. These cheap business class airline tickets are not lacking in any way as they come loaded with all the perks of full priced tickets like mileage accrual. Miles so earned can then be used to procure free future business class travel and further savings. In fact Fare Buzz also operates its own rewards program in conjunction with American Express rewards cards and every flight, hotel, vacation package and car rental booking that you book through Fare Buzz earns you points which can be redeemed at more than 200 of the nation’s retail and travel outlets.

Monitoring reports to track business travel spending
The travel team at Fare Buzz is made up of experienced and knowledgeable travel consultants who are on hand seven days a week to help you find the best airline business class fares and hotel deals for all your business travel. The team at Fare Buzz can also help you monitor your business travel expenditure by providing you with reports that illustrate all your business travel expenditure along with details like names of staff who are booking trips.

So if you are looking for innovative ways to reduce your company’s business travel spends or are even looking for options to effectively manage your annual travel budget do get in touch with the best business travel solutions provider, the New York City based travel agency Fare Buzz at 1-800-847-1963 today.

 

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Air Europa - Cheap Business Class tickets to Europe

by Stewart 10. November 2009 19:45

Air Europa, the airline division of the Globalia Corporation has come up with cheap business class tickets for european destinations. So if you are traveling to europe from JFK or MIA this fall for business or pleasure you can take advantage of these low business class airfares and save on your travel budget. To avail the best rates call our business travel hotline 1-800-847-1963 or use Ratedesk for a quote request.     

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Emirates Airlines - Discounted Business Class Fares

by Stewart 10. November 2009 19:33

Emirates Airlines, the international airline of United Arab Emirates has come up with discounted business class fares for worldwide destinations. So book you next cheap business class ticket with Emirates and take advantage of the same along with their world class inflight service which includes

- First Class Suites with electronic sliding doors
- Lie-flat Business Class seats
- Gourmet meals, fine wines and champagne
- Complimentary Chauffeur-drive service to and from the airport in 43 cities worldwide
- Access to the Emirates Lounges in Dubai and around the world

To avail the best rates call our business travel hotline 1-800-847-1963 or use Ratedesk for a quote request.
     

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Caribbean Airlines - Cheap Business Class Travel

by Stewart 5. November 2009 19:31

Caribbean Airlines, the National airline of Trinidad and Tobago Offers Cheap Business Class Travel on all their routes along with a wealth of Products and Services to ensure your comfort.

The undeniable pleasure of business class travel with Caribbean Airlines includes:

- Dedicated check-in

- Business class lounge, offering privacy and comfort

- Priority booking and baggage retrieval

- Fast-track facilities

There's no finer pleasure than relaxing with a before take-off aperitif, as you ease back into your ergonomically-designed seat knowing that every need will be taken care of authentic Caribbean cuisine, fine wines and a level of hospitality that shows we go the extra mile.

To avail the best rates call our business travel hotline 1-800-847-1963 or use Rate desk for a quote request.

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Avianca – Free Upgrade to Business Class

by Stewart 5. November 2009 19:24

Avianca, the flag carrier airline of Colombia , offers you the possibility of enjoying an instant and Free Upgrade to Business Class, which can be requested on the majority of the routes offered by Avianca. Offer is Valid on purchase of Tickets and Travel between the 15th of October and the 15th of December 2009 with the Super Flexi* family tariff.  To avail this facility call our business travel hotline 1-800-847-1963 or use Ratedesk for a quote request.

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Business Travel View - Johannesburg

by Anjeeta 4. November 2009 12:04

The city of Johannesburg which is popularly known as ‘Joburg’ or ‘Jozi’ or ‘eGoli’(the city of gold) is the largest city of the Republic of South Africa and its commercial and financial capital. Johannesburg which was established on the largest gold reserves in the world is located in one of the wealthiest provinces in South Africa, the Gauteng province. The city over the years has evolved into an important center for business from its humble beginning as a gold mining boomtown though the gold and diamond mining industry continues to be of utmost importance in this city which is often referred to ‘the economic motor’ of the South African Economy.

There is an enormous concentration on business in Johannesburg and the city is also home to The Johannesburg Stock Exchange which was founded in 1887. The JSE is the 16th largest stock exchange in the world in terms of market capitalization and it functions as the centre of the capital markets for the whole of southern Africa. Further Johannesburg produces one fifth of South Africa’s gross domestic product and it hosts nearly 74 percent of national corporate headquarters in its various business districts as well as numerous mining and big banking and investment companies. Several international concerns in the fields of finance, telecommunications and media like Barclays, Telekom, Vodacom, MTN, IBM , PQ Holdings and Dimension Date also have a presence in Johannesburg which is considered to be extremely conducive for business as it is well equipped with some of the world’s most sophisticated banking and IT systems .

Tourism is yet another important industry in Johannesburg as the city is largely considered to be the gateway to the famous game parks of South Africa. Johannesburg is a lively metropolis which offers a wide spectrum of cultures that display European and African influences and the city is well served by its modern O. R. Tambo International Airport which receives almost all the major airlines of the world.

Some of the most popular business hotels located within northern residential neighbor hoods include the famous old-world establishment, The Westcliff which is located atop a hill in one of Johannesburg’s most exclusive neighborhoods, the Johannesburg Park Hyatt which is located in Rosebank and the Melrose Arch Hotel, the Michelangelo and the Peech Hotel all of which are located in Sandton, the suburban-style business district which is situated north of downtown Johannesburg.

Apart from these fine hotels, the global city of Johannesburg also offers many fine dining and trendy restaurants like Sides at the Ten Bompas Hotel, Moyo at the Melrose Arch Hotel, as well as several stand alone establishments like Pomegranate in Melville and Bite, Addictions and Café Flo all of which are located in the neighborhood of Greenside. These restaurants offer the business traveler the chance to unwind and relax after a long work day.

Additionally Johannesburg also offers a wealth of cultural attractions for those travelers who learn about the history of the city. Some of Johannesburg’s most popular sites include the Gold Reef City which catalogues the city’s evolution from a gold mining boom town, the Apartheid Museum and the historic suburb of Soweto and The Cradle of Humankind which is fascinating site that is located on the outskirts of Johannesburg that traces the origin of human kind through its large collection of hominid fossils.

For someone who is based in the US, a Business trip to Johannesburg may seem like a journey to the end of the earth for the flight time from the east coast of the USA to this South African city easily extends over twenty hours. If you or your colleagues need to travel to Johannesburg for business routinely then the only way you can hope to arrive at your destination in meeting-ready shape is to travel in the business class cabin of an airline that flies to Johannesburg though business class tickets to South Africa from the US cost a pretty penny as they are often priced over $5000.

However your company can easily manage to procure cheap business class travel deals by partnering with a travel solutions company like the New York City based Fare Buzz which specializes in cheap business class airfares. Through its contracts with over sixty domestic and international airlines Fare Buzz is able to procure cheap business class flights to nearly every destination in the world. It is worth mentioning that these cheap business class tickets come with all the perks that are normally associated with regular business class tickets like mileage accrual and pre-assigned seats. Further the customer service team at Fare Buzz which on hand all seven days of the week is made up of knowledgeable and experienced personnel who are dedicated to finding the most cost effective business class travel packages for their clients. So don't wait any longer, pick up the phone and call Fare Buzz at 1-800-847-1963 to score the ‘best’ business travel deal for your business trip to the ‘dark continent’ today.
 

Singapore Airlines - All business class non-stop from Los Angeles to Singapore

by Stewart 4. November 2009 11:09
Singapore Airlines, one of the world's leading carriers has introduced an all business class non-stop Air Bus from Los Angeles to Singapore. So now you can take advantage of cheap Business Class Airfares along with their award-winning in flight service on this non stop all business class flight if you are traveling from los angeles to singapore this fall. To avail the best rates call our business travel hotline 1-800-847-1963 or use Ratedesk for a quote request.
   

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Open Skies - Discount Business Class Airfares to Paris

by Stewart 30. October 2009 18:18
Open Skies, the only Business Class Airline which operates between Paris and New York has come up with special early winter low business class airfares to Paris. So if you are traveling to Paris for business or pleasure this winter, you can benefit from these discount business class airfares. To avail the best rates call our business travel hotline 1-800-847-1963 or use Ratedesk for a quote request.
                      

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British Midland - Discount Business Class Tickets to Europe and Central Asia

by Stewart 29. October 2009 19:35
British Midland (BMI), has come up with low business class airfares from USA to Europe and Central Asia destinations. So if you are traveling to Central Asia or Europe this fall you can take advantage of these discount business class airfares along with their world class in-flight services. Fares could be as low as $2722 plus taxes and fees. To avail the best rates call our business travel hotline 1-800-847-1963 or use Ratedesk for a quote request.
                            

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British Airways - Free upgrade to First Class

by Stewart 29. October 2009 19:31
British Airways, a full service global airline, offering year-round low fares with an extensive global route network is offering a free upgrade to first class from club world. So whenever you book a round-trip, full fare Club World business class ticket from Fare Buzz originating from or connecting via any British Airways US or Canadian gateway (with the exception of Los Angeles) to London or beyond between November 1, 2009 and March 31, 2010 you'll be able to treat yourself with an one-way transatlantic upgrade to First Class. To avail the best rates call our business travel hotline 1-800-847-1963 or use Ratedesk for a quote request.
    

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