Seven Travel Cost Saving Strategies

Sponsored By Egencia

Topics:

Budgeting & Planning > Budgeting

Finance & Risk Management > Expense Management

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Abstract:

Widely recognized as one of the top three most controllable expenses, travel and entertainment costs, and business travel costs in particular, are expected to continue to rise this year.

The National Business Travel Association's (NBTA) 2008 U.S. Business Travel Overview & Cost Forecast predicts average airfare increases of 6 to 10 percent, hotel rate increases of 5 to 7 percent and car rate increases of 5 to 7 percent.

Given that many employees must travel for work, reducing average trip cost represents the greatest savings opportunity to most companies. In this white paper, we'll explore seven strategies to effectively lower your company’s overall travel expenditures, based on our experience at Expedia Corporate Travel and the experiences of our most successful customers.

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Posted: August 08, 2008

Length: 6 pages

Format: PDF (239 kb)

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