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 [...]
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 [...]
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 [...]
Those hidden charges when you travel
As I was sitting here trying to come up with a good topic for today’s article, I took a call from a client who wanted to know why the airfare that I quoted yesterday had gone up $50.00 and why the advertised price on the airline website showed a lower price until it was booked, [...]
Why Now Is A Great Time To Travel
I know many people are planning on staying close to home during these tough economic times in order to save money or just because it seems like the right thing to do. Actually this is a very good time to travel for a variety of reasons, ranging from lower costs to smaller crowds to fewer [...]