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Travel Bargaining Like the Big Guys
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How small businesses can knock down hotel rates
- Duration 3:47
- Date Jun 24, 2011
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How small businesses can knock down hotel rates
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We as always talk about our small business guy here act foxbusiness.com.
Live and that's different talk about what happens in a little -- decides decent business chips because it's not cheap.
To travel at all.
-- -- -- as -- with us as she's every Friday talk about some of the things that these little guys can do is they don't have to spend his big corporations and they -- -- -- -- congress -- they spend gobs of money.
It really DO rate and companies say no matter what's and they -- they're definitely struggling with -- increasing costs that it takes to travel on business so.
Little companies are really struggling with high airfare costs and also lodging costs which I think kind of gets lost in the news we have so much focus on airfare -- exit point.
So CLC lodging says that before a small business even looks to start booking the need to make sure that they haven't set standard in place for all of there employees.
Because many small businesses will say he's your discretion in -- bucket just look for a good price but.
What is good for one person may be the super eight for another president might be the -- and sell.
He to establish a hotel quality standard for your entire staff make sure that everybody knows what it is and then from there they can book -- don't say.
-- most its venison and Austin have room.
You can say that but I think it yeah.
What we're looking at is the -- yeah media lower mid -- -- and an upper mid scale hotel whatever it is that you're small business can afford and also make sure that they know what you're willing to -- -- when it comes you.
Travel expenses food and -- hauling some companies will reimburse you you're gonna drink -- on this -- some won't he wanted to make sure that you need.
That that's standards in place and everybody knows what they're going to be reimbursed ranks it -- company policy -- -- -- point now.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- They say that even if you're not traveling time if you establish some customer loyalty with a certain hotel brand and you're gonna stay there no matter where employees are going all over the country of the world.
And you really deliver on that commitment these hotels will be willing to knock on their prices for you I mean -- you right away eight.
But over time you're going to establish that loyalty and that relationship and then you will be compensated for how we series to see this mama's got to travel.
This is I think especially startups when -- establishing those initial connections.
And you're you're looking to expand kill your duckling and traveling you know it's interesting because I think a lot of people -- business travel was gonna go with the way the -- to burn rate.
But it's not there's nothing like that face to face kinda personal really cat -- I still think you have to get on -- plane on occasion he definitely needs and also another thing to remember is that it never hurts to -- If -- on the phone you're talking to the hotel to say can I get a lower room on the small company I'm starting -- tell me you story and it never hurts to sit.
Throw it out there it's a great point actually what are some other tips -- that these guys need to think about when they put these -- -- small businesses are often tightening and we sell.
Really if you -- to employees that are comfortable with each other meaning they can -- in a room together as long as they're OK with it till the last rooms that you book.
You know bring down -- -- in the lower cost still have.
And also another thing to keep in mind is that when they get back Ichiro auditing what they're spending money on because if you're not looking they may be sneaking things under the -- that talent -- -- -- -- expenses is -- curiously that part of the budget that gets abuse and they have you know.
Padded all the time so yeah owners have to really be stand top of that definitely -- -- -- And it stars on the website -- up on the -- And what was that would be -- an -- I'm what was that.
Organization that you mentioned CLC lodging COC lodging and that he was on the web as well yes that's on the web and they help to advocate for -- for companies of all sizes and really.
Not demonstrates with -- -- to sell the it's awesome to Iraqis is a good tips and again -- say her.
-- is on the web foxbusiness.com.
Thank you nice yeah.