In case you haven’t heard….
After a review of Avis Budget’s $1.33 billion bid by Dollar Thrifty’s board of directors, Dollar Thrifty turned down the offer. Letter by Dollar/Thrifty CEO Scott Thompson click on this link. http://www.dtag.com/phoenix.zhtml?c=71946&p=irol-newsArticle&ID=1455976&highlight. Even though Avis’s offer is higher than the $1.13 billion dollar offer in place with Hertz, Dollar has decided to decline Avis’s offer. The [...]
Speaking of history….
Since we are celebrating our country’s history let’s take a look at some of our own…. Christopherson Business Travel…. on the move! Sales results 2002 – $79.9 million. Sales were over $200 million in 2009. Voice mail implemented April 2003 – The vote is in 75% of our clients surveyed said they would like us to [...]
What Happens When……..
For the second time in less than a decade, we have seen a continental wide shut down of an air traffic system. The first time was in 2001, starting on 9/11 and lasting a little over a week. The second time was last month’s shut down of the European airspace as a result of volcanic [...]
Car Rental Companies – Covering It All
With the recent announcement of Hertz purchasing Dollar & Thrifty, all three major car rental companies now cover everything from corporate business to leisure travel business. The purchase announced earlier this week is in the amount of $1.17 billion in cash and stock. The purchase of Dollar & Thrifty will significantly expand the vacation/leisure portion of [...]
Shall I drive my own car… or rent one?
Owners, financial guru’s and sourcing managers, mileage reimbursement is a huge expense when employees drive their own cars for work purposes. Did you know that based on a reimbursement rate of $0.50 cents anything over 120 miles driven by using a personal car is more expensive than renting one? Companies both large and small that require their [...]
2010 U.S. Business Travel Buyer’s Cost Forecast
The National Business Travel Association (NBTA) has provided the following travel industry 2010 Forecasts for the following ranges for changes in rates/fares: Average U.S. Domestic Rates/Fares Average rates/airfares 2009 % Change expected for 2010 AIR $ 299 * -2% to +3% * HOTEL $ 136 -2% to -8% CAR RENTAL $ 46 -1% to -3% [...]
Attention all rental car drivers
Cashless toll roads are becoming a huge problem for car rental companies who in turn are hiring third party collection agencies. These agencies then tack on outrageous fees which show up on a renter’s credit card bill sometimes months later. For instances on my last trip to Denver I did not sign up for the [...]
Uncovering Hidden Travel Fees
Nearly every day we are hearing about new fees imposed above and beyond the advertised cost of airfare, car rentals & hotel rates. These fees increase revenue for the airlines, car rental companies & hotels, but are they legitimate fees and are the charges always accurate? Do we always receive the services that these fees are [...]
Considerations when making changes to your travel policies for 2010
4Q09 is here and budgets will soon be reviewed again for 2010. If you are like most companies, you have cut your travel budget considerably this year and intend to stay as lean and mean as possible with most forecasts indicating increased airfares of 1% to 6%; hotels decreasing more; and rental cars increasing around [...]
How Christopherson Finds Additional Savings on Hotel and Car Reservations for Our Clients
In today’s economy, finding addition savings with business travel is upper most on CFO’s, travel managers, and business travelers’ minds. One way Christopherson accomplishes added savings for our clients is through some of our proprietary technologies, in particular, Hotel Re-Check® and Car Re-Check®. Similar to the airline industry, hotels and car rental companies are raising [...]