Money-saving Tips For Business TravelersIn recent years, it was often advantageous to wait until the last minute before booking travel. Airlines with empty seats and hotels whose rooms would otherwise go vacant for a night were ready to wheel and deal, and late-notice discounts were readily available.
But not these days.
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With struggling U.S. airlines cutting capacity to save money and avoid high fuel costs, flights are more crowded than ever. And hotel rooms face unprecedented demand, with several cities reporting record occupancy rates. The results are higher prices and fewer discounts. Air fares are up by 11% and hotel prices by 8% this summer over last year according to a survey conducted by Priceline.com.
Waiting for a sale in this economy is a dangerous strategy. Airlines and hotels cannot run last minute specials if there are no seats or rooms to be sold. For an upcoming trip to Chicago for the National Business Travel Association meeting, I lockedRead More »from Money-saving Tips for Business Travelers