Save Money on Business Travel

Many businesses try to cut back on the amount of business travel in order to save money, but there is some travel that is necessarily. When employees must travel, having policies and procedures in place can help keep travel costs down and let employees know what is expected. In particular, there are some easy steps to take that can help keep hotel costs low:

Choose hotels with free Internet – There are some hotels that charge a high daily rate for Internet access, while others include it in the price of the room. This should be a consideration since not all work can get done on the small screen of a smart phone.

Stay outside a city and use public transportation – It can definitely be cheaper to stay outside of a city, but that cost might not be worth it if traffic makes it difficult to get to a meeting or event on time, especially for an employee that might not know the area well. Hotels near public transportation can bring hotel costs down without sacrificing mobility.

Create a database of low cost hotels in frequented locations – Once you have found the inexpensive hotels with the features you need in areas employees travel to frequently, keep this information handy. It can be helpful to refer to this database when searching for low rates on online travel sites, so you know which options are worth booking.

Toffer Grant is PEX's Founder and CEO. He founded PEX in 2006 as a prepaid card solution for small businesses. His background in the prepaid industry began at Clarity Payment Solutions, where he initiated 65 prepaid card programs in consumer, corporate, and emerging verticals of the prepaid card industry.