Corporate travel management: Lower travel costs with PartnerPlusBenefit
Travel management is being increasingly promoted in an ever growing globally-active business environment.
The more frequently employees travel for business, the greater the cost of business travel management. All the more important that companies can “recover” a portion of the resulting costs with a far-reaching corporate bonus programme.
The more frequently employees travel for business, the greater the cost of business corporate travel management. All the more important that companies can “recover” a portion of the resulting costs with a far-reaching corporate bonus programme.
Get to know PartnerPlusBenefit. Lufthansa Group airlines’ extensive corporate loyalty bonus programme offers small and medium-sized companies new opportunities to save on travel and service costs for business trips. PartnerPlusBenefit also gives businesses the chance to motivate employees and corporate travellers with reward flights, upgrades, FlyNet vouchers, lounge access, retail rewards and more.
Background information on this topic
Different markets – Different rules of the game
Despite modern technologies, information gaps regarding the functional mechanisms of the targeted international markets, in particular a lack of information about foreign markets, high customs duties and lack of know-how all hinder international expansion. In addition, it is difficult to build and maintain relationships with international partners and customer groups. The exploration and gathering of information on the markets, as well as the constant monitoring of foreign operations already underway, drain increasingly scarce resources. Nevertheless, considerable potential remains untapped, but now in reach.
Business travel: Travelling towards success
International business relationships are increasingly becoming a prerequisite for the economic success of an enterprise. They help support the core business and promote its continued growth. This leads to an increase in business trips for many Greek and Cypriot companies - but this comes at a price. Expenditure on business travel in Greece and Cyprus is increasing significantly despite all austerity measures. Medium-sized companies in particular are struggling with accommodating rapidly rising travel costs without compromising on business trip travel times, routes or frequency.
Rising oil prices, European emission allowances and national air traffic taxes are significant cost drivers for increasing flight fares. In addition to the actual travel expenses, the cost of meals, lodging and auxiliary travel expenses on business trips must also be taken into account. If there is an increase in business trips, the accumulated costs could decrease the actual value of a business trip.
Efficiently manage corporate travel
Against the backdrop of rising expenses for business trips and their increasing importance, investment in professional travel management is worthwhile. The objective of efficient business travel management is to optimise the costs resulting from a business trip or trips for a company. The first step may be cooperation with a business travel agency / travel management service. These agencies can uncover savings opportunities when planning and booking travel, as well as during the journey itself – i.e. the entirety or comprehensive travel management. The total costs for business trips are reduced, allowing the company to remain competitive and successful. In addition, the professional support creates time savings for employees so that they can focus on their core tasks.
Travel management in combination with PartnerPlusBenefit
PartnerPlusBenefit significantly contributes to the optimisation of travel management. Participation in corporate bonus programmes allows the cost of travel to be reduced significantly, effectively “stretching” the travel budget more efficiently. The points collected can be redeemed for award flights, upgrades or other rewards, leaving more funds available for more business trips. This allows individuals to attend important business relationships in person more often with Lufthansa Group airlines’ PartnerPlusBenefit programme.