The current global economic slowdown has adversely affected the
bottom line of companies all over the world. A direct result of this
has been the introduction of various cost cutting measures like
freezing of pay and forced unpaid vacations. Business travel which has
been on the decline lately has been one of the first areas where
companies have tried to trim expenditure through various different
measures like better management of travel and more stringent reporting
of expenses. It's not just large companies that are instituting these
measures even small companies, which generally account for 70% of air
travel spending in the U.S., are cutting back and closely regulating
travel expenses.
However many companies also realize in this era
of globalization they can't really afford to entirely do away with face
to face meetings that are conducted via business travel more so if
their business competitors are continuing to carry out these meetings.
Moreover companies which are based in the western hemisphere are also
cognizant of the fact, that Asian economies like China and India have
grown to become major economic powerhouses during the last decade. This
has necessitated the setting up of regional and global offices of a
parent company which is head quartered in the west. While daily
communications between the parent company and its regional or global
branches can be effectively managed via technologies such as video
conferencing, relationship building which is often believed to be the
cornerstone of business success can only be achieved by face to face
meetings.
With the trimming of business travel budgets in the
current scenario the onus of the effective management of business
travel has fallen on the in house travel department of a company which
usually makes all the business travel arrangements for its executives.
These travel departments now have to streamline their processes so that
they are able to procure the best deals for their executives. They have
to their utmost to ensure that these executives continue to travel for
business in the manner that they are accustomed to and not be forced to
downgrade either their airline cabin or hotel choices, especially when
this travel for business involves long haul flights across continents.
The
Internet is peppered with various travel websites who all claim to have
the ‘best' fares available but when business travel involves long haul
travel and distances, these in house company travel departments have a
better chance of securing the best business class fares while working
in tandem with a supplier of discounted business class fares like the
New York City based, travel management company Fare Buzz.
International
itineraries often tend to be extremely complicated and while travel
websites might offer quotes for specific routes they are not really
able to give their clients the complete range of options that are
available to them. Fare Buzz, unlike these run of the mill travel
websites is equipped with a customer service desk which is manned by
manned by experienced ‘live' travel consultants who are on hand seven
days a week to help you find the best airline business class fares,
hotel and car rental deals for any destination in the world and thus it
can help you procure the most cost effective and complete business
travel package.
Moreover Fare Buzz can also help tailor vacation
packages to meet the incentive business travel needs of various
companies. Incentive travel is usually used to ‘award' an employee for
a job well done and it is considered to be extremely essential for the
maintenance of employee morale. With its exclusive relationship with a
wide network of more than 100,000 diverse hotel properties and its
contacts with more than sixty domestic and international airlines, Fare
Buzz can easily customize a complete vacation package at discounted
rates which can then be used for to meet the incentive business travel
needs of a company.
So if you are currently looking for a way to
work within the boundaries of a restrictive travel budget, why don't
you give Fare Buzz a call at 1-888-808-4123 and see what it's helpful
and knowledgeable travel management team has for you. I have no doubt
that you will be quite pleasantly surprised.