The reason any company pulls back their support from a line of business is because they aren’t getting the return on investment they want from it. Translation: It doesn't meet their profit goals. Hard to imagine in the case of a large international company like AMEX, but we believe this is the ‘back story’ you haven’t read about. Business travel today has become very complex in all its twists and turns from flight and seat…
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Online booking of all travel transactions increased from 37% to 55% in North America since 2008. (According to the CWT Travel Management Institute) Why? We believe that the efficiency, accountability and general ease of booking online contributes to this trend, even if it does not necessary result in savings, but it can, if set up with your company’s travel policy embedded in the program. Both small and large companies alike are focused on reducing their…
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There are three common ways to book business travel: 1. Calling an airline directly 2. Booking online on a third party site (i.e. Expedia) or on the airline’s own site 3. Calling a travel management company like Travelex Business. Today, in a no-commission environment for domestic travel, the valuable service of planning, routing, booking and managing costly business travel is a valuable professional service that deserves being remunerated. What our full-service agents do to earn…
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This blog is aimed at business travelers and their administrative assistants. For all of you, our goal is to make your 2014 have far less hassle when it comes to booking, changing and managing business travel. This blog will allow us to trade ideas and experiences and offer suggestions that make your lives easier. We hope you will become more informed about the issues that impact your companies and their bottom lines. In the following weeks…
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