Best saving strategies on flights and hotels
As a business owner, you are always looking for ways to save money when running a business. Among all areas, business travel is one of the main areas where you can make savings on flights and hotels. By following the best booking strategies and using affordable options, travelers can reduce the cost of their business trip.
Here are some ways to save on hotels and flights:
Savings on hotels
Book hotels and flights together
Online travel booking sites offer price breaks to buy a flight and a hotel together. Combined packages are mostly used by vacationers but also offer great value for business travelers with flexible preferences.
Browse online, book by phone
To get the best deals, browse the different online booking channels and find your preferred option. Contact the hotel and ask them to reduce the price further. This works because many hotels will drop in to avoid paying third party reservation fees.
If you are sure about your travel plans, non-refundable hotel reservations offer the best rates. Paying in advance can save up to 20% on bookings made directly with hotels.
Take advantage of refundable reservations
Alternatively, you can make a refundable reservation by searching for the best rates online. Hotels usually don’t charge any cancellation fees like airlines do.
Use corporate discounts
Companies often negotiate with preferred hotel sellers and get discounts of up to 40%. Therefore, using corporate booking tools can give you the lowest possible price when booking.
Last minute travel
If you are booking last minute you can find deals on unused rooms. Speak to your preferred hotels to learn about possible cancellations. Also, looking at last minute booking sites like Hotel Tonight can help you get other options.
Say no to cookies
Travel sites maintain cookies to identify customers with a strong intent to buy. Clearing your browser history may give you more favorable rates.
Aviation saving strategies
Travel outside peak hours
Trips are cheapest between 5am and 7am and after 8pm. Companies can save an average of $116 per trip by flying during peak times.
Fly on specific days
Reports from recent studies have revealed that Tuesdays, Wednesdays and Saturdays are the low cost days to fly. Flying these days can save you money.
Take connecting flights
Direct flights are convenient, but flights with layovers will cost you less. Taking connecting flights is one strategy that can help you save money.
Check out the cheapest airports
When searching for flights, check the “Include nearby airports” box. You can choose alternative airports that cost you less than others and are not necessarily far away.
Make early reservations
Tickets booked less than seven days before departure will cost you an average of 44% more than if they were booked 15 or more days in advance.
Book in time
Airline ticket prices fluctuate throughout the week. Studies have revealed that the best time to book air travel is on Tuesday at 3 p.m. ET, which is when airlines will release inventory of their discounted seats.
Take advantage of recovery rules
Reservations made at least 7 days in advance can be canceled within 24 hours. This creates a grace period during which you can cancel your reservations if your travel plans are not final.
These strategies can help you save money while booking flights and hotels.