There’s no denying that business travel can be expensive. Even if your company is footing the bill, it’s still important to save as much as possible.
Thankfully, there are ways to keep costs down without sacrificing comfort or convenience. You just need to do some careful planning.
In this article, we’ll share five tips for saving money on travel so that you can make the most out of your business budget.
Interested in learning more? Then keep on reading.
Choose alternative accommodations
Hotels can be expensive, especially in major business cities. Consider alternative accommodations such as these short-term rentals at DelSuites instead. They can be more affordable, offer more space, and you can cook your own meals.
They also allow you to live more like a local, which can come in handy if you’re thinking of making a property investment or business deal. Be sure to check if your company has a policy on alternative accommodations before making your arrangements.
The earlier you book your travel, the cheaper it will be. This is particularly true for things such as flights. You’ll be able to take advantage of early bird discounts and figure out the best times to travel to reduce hustle and bustle.
It also means you can avoid last-minute price increases and the stress of trying to find things at short notice. As soon as you’re aware of your trip, make the preparations!
Use loyalty programs
Loyalty programs can help you save money on business travel. Specific airlines and hotels offer perks such as priority boarding, free upgrades, and discounts on future travel – which is perfect if you’re visiting a location regularly.
You can also earn points or miles that can be redeemed for free flights, hotel stays, or other rewards. Check if your company has a preferred travel partner or if you can sign up for corporate loyalty programs to maximize savings.
Take advantage of corporate rates
Many hotels and car rental companies offer discounted rates to businesses. These can be negotiated directly or through travel management companies that specialize in corporate travel.
If you believe your business will be consistently traveling, it can be worthwhile investing in a corporate travel management service that can help you find the best deals. As a bonus, many provide 24/7 support in case of any mishaps.
Packing light can save you money on baggage fees and make it easier to get around. Choose a carry-on bag that meets airline size restrictions and pack only the essentials for your stay.
If you’re staying for more than a few days, consider doing laundry instead of packing multiple outfits. You can also pack your own snacks and drinks to avoid buying expensive airport food.
And that’s it! As you can see, saving money on business travel doesn’t have to mean sacrificing comfort or convenience. By following these tips, you can make your business travel much more affordable, whilst still being enjoyable. Good luck.