CWT’s top five tips to cut managed travel spend this year
29 JULY, 2015
With a slump in commodity prices and with crude oil prices halved in the past six months, many energy companies are facing mounting cost pressure and are looking for new ways to operate more efficiently.
Top travel management company (TMC), Carlson Wagonlit Travel manages travel for several large global energy clients and has come up with its top five tips to cut managed travel spend this year.
Discover more at stand 1A86 at SPE Offshore, 8 – 11 September 2015.
1. Hook up your hotels
By adding hotels to your travel programme, you can strip back more savings than you realise.
2. Be flexible
With a global workforce and short deadlines in remote locations, negotiating flexibility into your contract is essential.
3. Tighten policy rules...
Encouraging bookers or travellers to change booking behaviour suchas booking hotels within programmecould result in significant savings. Staying on policy can also lead to fee free cancellations, room upgrades and additional amenities during stays.
4. ...but make it fun
Don’t rule with an iron fist – get your travellers to buy-in to the policy and have fun with it. By gamifying the booking process, travellers will want to win, and seek the rewards they are eligible for.
5. Take care
Making sure your travellers have all profile details up to date with their TMC is like protecting them with a pair of safety goggles and a hi-vis jacket! The more information they share, the better customer service the TMC can provide when it’s needed - whether that’s SMS alerts before travel, traveller tracking on the move or continued updates on location safety, security or incidents in the long term.
About CWT CWT is a global leader specialised in managing business travel and meetings and events. CWT serves companies, government institutions and non-governmental organisations of all sizes in more than 150 countries and territories. By leveraging both the expertise of its people and leading-edge technology, CWT helps clients derive the greatest value from their travel programme in terms of savings, service, security and sustainability. The company is also committed to providing best-in-class service and assistance to travellers. In 2014, sales volume for wholly owned operations and joint ventures totaled US$27.3 billion. As part of its commitment to responsible business, CWT is a signatory of the United Nations Global Compact Ten Principles. For more information about CWT, please visit our UK website atwww.carlsonwagonlit.co.uk. Follow us on Twitter@CWT_UKI