Advance Booking Performance: Small Changes, Big Savings
Getting travelers to book earlier can make a significant difference to air travel costs.
Christophe Renard
Senior Director - CWT Travel Management Institute
Here’s a multi-million-dollar question: How much can a company save if travelers book air travel further in advance? CWT Solutions Group recently calculated that one global client could cut a staggering US$24 million (5.5 percent) from its annual air spend by improving advance booking performance on 25 percent of transactions. This may not be as uncommon as it appears.
