Business owners prefer face-to-face meetings but an increase in travel cost and non-compliance with corporate travel policies create challenges. There are solutions, however, that are simple and effective.
Problem: High Travel Costs
In a recent travel trends study, more than 84% of business owners cited ever-increasing hotel and airfare rates as a strain on their bottom line. However, many of these businesses also report a reduction in their travel budget. Despite higher cost and fewer miles per dollar, small businesses are spending more money than ever before on work-related trips.
A major cause for concern amongst travelers is difficulty during the reservation process. Many business travelers report that seat reservations on low-cost carriers are more difficult than ever to come by and ancillary services are challenging the book. [Read more…]