Home Back Issues October 2007 Easy ways to tighten travel costs

Easy ways to tighten travel costs

| Print |  Email
Archives - October 2007
Monday, October 01, 2007

{safe_alt_text}

EVEN FOR COMPANIES trying to operate on a tight budget, some travel is often unavoidable. “You have to stay in front of your customers,” says Joe Murray, vice president of River City Travel in Portland. But travel costs don’t have to eat away at the bottom line. Here are a few tips from the Small Business Administration and local experts that can help any company:

Have a travel policy. Guidelines go a long way toward travel savings. According to the SBA, your policy should detail how to approach traveling while on the company clock.

Use a company credit card. A centralized form of payment provides a monthly expense report while also reflecting benefits back onto the company. “They provide a record of actual spending,” says Judy Myers, manager of business development at Azumano Travel.

Consolidate trips when possible. A travel agent can help get the best price for a block of airplane seats or several hotel rooms. And consider trimming the number of travelers.

Keep detailed records. “Data collection will centralize how you book your travel,” says Myers. Through detailed record-keeping trends emerge and companies can see where they need to put their money and where they can afford to cut back.

Call in the experts. On or offline, a company specializing in corporate travel can evaluate your company’s travel patterns and recommend cost-cutting measures such as hotel or airfare discounts. “Use a travel agency that can help you negotiate rates,” says Murray.

Join an airline perks program. Most large airlines offer discounts and incentives, says Myers. Preferred carriers and business rewards programs work best when your company goes through one or two travel agencies and can provide an accurate record of travel data trends. After all, the same frequent travel bonuses that benefit vacationers also reap rewards, in much larger terms, for corporate travelers.          

COLLEEN MORAN


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

OB Video: Oregon MESA

News
Thursday, June 26, 2014

ThumbOregon Business hosts an informal roundtable discussion about the Oregon MESA (Mathematics, Engineering, Science Achievement) program.


Read more...

Portland: Where young people go to work?

News
Friday, June 06, 2014
UntitledBY KATIE AUSBURGER | OB GUEST CONTRIBUTOR

How to build a hipster-friendly work environment.


Read more...

Detox fashion

June 2014
Thursday, May 29, 2014
BY LINDA BAKER

Remember mood rings? A team of scientists at Oregon State University has designed what might be considered a 21st-century analog of the ’70s jewelry fad: a bracelet that reveals one’s exposure to pollutants.


Read more...

Beyond cheese

June 2014
Thursday, May 29, 2014
BY SOPHIA BENNETT

Tillamook expands its tourism niche.


Read more...

The role of higher education as K-12 underperforms

Contributed Blogs
Friday, May 30, 2014
ThumbChalkboardBY DEBRA RINGOLD | OB GUEST CONTRIBUTOR

Since 1970 the performance of our public education system has steadily deteriorated.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

The business of running a food cart

News
Thursday, June 05, 2014
OBM1BY HANNAH WALLACE | OB BLOGGER

What does it take to launch and run one of these mobile food businesses?  


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS