{"id":46204,"date":"2023-03-13T09:17:00","date_gmt":"2023-03-13T09:17:00","guid":{"rendered":"https:\/\/reedmackay.com\/make-your-travel-budget-go-further-in-the-new-financial-year"},"modified":"2024-03-25T17:03:01","modified_gmt":"2024-03-25T17:03:01","slug":"make-your-travel-budget-go-further-in-the-new-financial-year","status":"publish","type":"post","link":"https:\/\/reedmackay.com\/us\/make-your-travel-budget-go-further-in-the-new-financial-year","title":{"rendered":"Make your travel budget go further in the new financial year"},"content":{"rendered":"\n<p>The cost of travel continues to be at the heart of many corporate budgets. And with IATA predicting a return to profitability for airlines in 2023 &#8211; the majority of which will be&nbsp;<a href=\"https:\/\/www.iata.org\/en\/pressroom\/2022-releases\/2022-12-06-01\/\">driven by high passenger demand<\/a>&nbsp;&#8211; and with hotel room rates expected to continue rising, according to&nbsp;<a href=\"https:\/\/www.morganstanley.com\/ideas\/business-travel-trends-2023-outlook\" target=\"_blank\" rel=\"noreferrer noopener\">Morgan Stanley\u2019s&nbsp;<em>Outlook 2023: Business Travel Bounces Back<\/em><\/a>, where can you potentially save money in the new financial year 2023\/2024?<\/p>\n\n\n\n<p>Follow our tips to help deliver the best value for your travel budget when 1 April arrives.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Flights<\/h2>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-planning can make a significant difference on flight prices. If you want to find cheap flights, the cheapest air fares will usually be the first that become available and airlines begin to change prices as demand grows. Ideally, buy flights within a 21-day window before departure to find the best flight deals.<br><br>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Talk to an expert fares consultant at your TMC about your flight needs, preferences and objectives. Not only do they know the routes inside out, they will be able to explain what value the traveller will get from each ticket. Your TMC will suggest the best routes that deliver the best possible fare and added value.<br><br>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Review your flight policy \u2013 understand how your travellers are booking and identify any ways they can save.<br><br>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Save on CO<sup>2&nbsp;<\/sup>by batch travelling \u2013 maximise efficiency by arranging meetings on your return in other countries.<\/p>\n\n\n\n<p><strong><em><a href=\"https:\/\/reedmackay.com\/us\/how-to-find-the-best-value-air-fares-for-business-travel-2\">Learn more<\/a><\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Hotels<\/strong><\/h2>\n\n\n\n<p>Similar to flight bookings, the further you book in advance should make it easier to find the best hotel deals; although be aware that these are sometimes non-refundable.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If you arrange hotel bookings with preferred suppliers, there could be an opportunity to negotiate rates. Sign up to your preferred supplier\u2019s loyalty programmes to receive any rewards too.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The after-effects of the pandemic on working practices mean best booking times have evolved. With hybrid working increasingly the norm, the busiest days for hotel bookings tends to be Tuesdays and Wednesdays \u2013 so book outside of those days for better rates.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Also<ins>,<\/ins>&nbsp;research whether there are any major corporate meetings and events planned at your travellers\u2019 destination. These tend to book further ahead, so it makes sense to do the same, to ensure you get the best rates.<\/p>\n\n\n\n<p><a href=\"https:\/\/reedmackay.com\/us\/plan-your-2023-travel-budget-now\" target=\"_blank\" rel=\"noreferrer noopener\"><em><strong>Learn more<\/strong><\/em><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Car hire<\/strong><\/h2>\n\n\n\n<p><strong>\u00b7&nbsp;&nbsp;&nbsp;<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During times of high demand, check the rates of a variety of rental company suppliers. Reed &amp; Mackay has preferred rates with multiple supplier and may find more competitive corporate rates.<\/p>\n\n\n\n<p>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Car sharing for travellers going to shared locations is not only preferable from a sustainability point of view, but can be a great way to manage the travel budget.<br>\u00b7&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Instead of car rental, consider hiring alternative vehicles, such as Black Car limousines, which can be cheaper.<\/p>\n\n\n\n<p><a href=\"https:\/\/reedmackay.com\/us\/stress-free-car-rental\" target=\"_blank\" rel=\"noreferrer noopener\"><em><strong>Learn more<\/strong><\/em><\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Contact us&nbsp;<a href=\"https:\/\/www.reedmackay.com\/contact-us\/\">here<\/a>&nbsp;or email&nbsp;<a href=\"mailto:hello@reedmackay.com\">hello@reedmackay.com<\/a>&nbsp;to discuss your travel management needs.<\/h4>\n","protected":false},"excerpt":{"rendered":"<p>The cost of travel continues to be at the heart of many corporate budgets. And with IATA predicting a return to profitability for airlines in 2023 &#8211; the majority of which will be&nbsp;driven by high passenger demand&nbsp;&#8211; and with hotel room rates expected to continue rising, according to&nbsp;Morgan Stanley\u2019s&nbsp;Outlook 2023: Business Travel Bounces Back, where&hellip;&nbsp;<a href=\"https:\/\/reedmackay.com\/us\/make-your-travel-budget-go-further-in-the-new-financial-year\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Make your travel budget go further in the new financial year<\/span><\/a><\/p>\n","protected":false},"author":19,"featured_media":41877,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[171],"tags":[640,173],"class_list":["post-46204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-us","tag-budget-us","tag-travel-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Make your travel budget go further in the new financial year | Reed &amp; Mackay<\/title>\n<meta name=\"description\" content=\"The cost of travel continues to be at the heart of many corporate budgets. And with IATA predicting a return to profitability for airlines in 2023 - the majority of which will be driven by high passenger demand - and with hotel room rates expected to continue rising, according to Morgan Stanley\u2019s Outlook 2023: Business Travel Bounces Back, where can you potentially save money in the new financial year 2023\/2024?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reedmackay.com\/us\/make-your-travel-budget-go-further-in-the-new-financial-year\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Make your travel budget go further in the new financial year | Reed &amp; Mackay\" \/>\n<meta property=\"og:description\" content=\"The cost of travel continues to be at the heart of many corporate budgets. And with IATA predicting a return to profitability for airlines in 2023 - the majority of which will be driven by high passenger demand - and with hotel room rates expected to continue rising, according to Morgan Stanley\u2019s Outlook 2023: Business Travel Bounces Back, where can you potentially save money in the new financial year 2023\/2024?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reedmackay.com\/us\/make-your-travel-budget-go-further-in-the-new-financial-year\" \/>\n<meta property=\"og:site_name\" content=\"Reed &amp; Mackay\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-13T09:17:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-25T17:03:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/reedmackay.com\/wp-content\/uploads\/2024\/03\/Make-your-travel-budget-go-further-in-the-new-financial-year.jpg.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"850\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Stephanie Seigle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stephanie Seigle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/make-your-travel-budget-go-further-in-the-new-financial-year#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/make-your-travel-budget-go-further-in-the-new-financial-year\"},\"author\":{\"name\":\"Stephanie Seigle\",\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us#\\\/schema\\\/person\\\/2e1fa8a9c9e38acac7c6fbb9f61f1fc6\"},\"headline\":\"Make your travel budget go further in the new financial year\",\"datePublished\":\"2023-03-13T09:17:00+00:00\",\"dateModified\":\"2024-03-25T17:03:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/make-your-travel-budget-go-further-in-the-new-financial-year\"},\"wordCount\":564,\"publisher\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/make-your-travel-budget-go-further-in-the-new-financial-year#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/reedmackay.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/Make-your-travel-budget-go-further-in-the-new-financial-year.jpg.jpg\",\"keywords\":[\"Budget\",\"Travel\"],\"articleSection\":[\"Articles\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/make-your-travel-budget-go-further-in-the-new-financial-year\",\"url\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/make-your-travel-budget-go-further-in-the-new-financial-year\",\"name\":\"Make your travel budget go further in the new financial year | Reed &amp; Mackay\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/make-your-travel-budget-go-further-in-the-new-financial-year#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/make-your-travel-budget-go-further-in-the-new-financial-year#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/reedmackay.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/Make-your-travel-budget-go-further-in-the-new-financial-year.jpg.jpg\",\"datePublished\":\"2023-03-13T09:17:00+00:00\",\"dateModified\":\"2024-03-25T17:03:01+00:00\",\"description\":\"The cost of travel continues to be at the heart of many corporate budgets. 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