The perennial questions for companies that send employees on business travel is “How far in advance should we book?” However, the answer to that question depends on a variety of factors, including departure location, destination, length of trip, airline, month and global economic factors.
Even if these things are known, the answer still isn’t clear. In fact, various experts throughout the industry offer ranges depending on locale that span the time of two weeks to 9 months. Additionally, airline sales can be unpredictable.
Aside from booking flights, businesses also need to consider hotel and car rental pricing. There is wide variety in terms of when booking hotels and car rentals is cost-effective. Our best advice is to hire a corporate travel management company, which can offer your company industry insight and experienced travel planners to manage all of the details for your travelers.
Additionally, travel management companies like Travel and Transport have strong industry relations and focus on securing cost-effective business travel contracts for their corporate clients. This ensures cost-savings and allows your company to direct its human resources to other important objectives.