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What are the benefits of business travel (and downsides)?

Congratulations. You just took a job that includes 25% travel (or maybe 50% or even more) . But you’ve never really traveled before and frankly you are a little unsure if this is a good career move or not. In this post I cover benefits of business travel as well as some of the downsides.

Before we get too far let’s define business travel. Here’s how we define it :

Business Travel is when employees travel (fly, drive, train, etc) for some company related activity. Often this involves meeting w/ a customer, visiting a project site, installing something, training, or meeting w/ staff in other locations.

Wikipedia has a more straightforward definition that we like to:

Wikipedia defines business travel as: “ Business travel is travel undertaken for work or business purposes, as opposed to other types of travel , such as for leisure purposes or regularly commuting between one’s home and workplace.” I think this is a fair definition of business travel.

There are no shortage of jobs where frequent travel is a key element . But, when considering a job that has frequent travel it’s important to look at the pros and cons. What are the benefits of business travel? To you? To the company? What are the downsides? In the remaining sections we examine these very questions.

The Benefits of of Business Travel

Let’s start first with some of the benefits of business travel…and there are many:

You will raise your profile inside your firm . Being willing to travel lets management know that you are an all-in kind of employee, willing to go the extra mile. It will start to let them view you as more than just a “doer.”
You will be exposed to higher profile projects . By traveling you will likely get to visit and be involved in higher profile projects. For example, I got my big break by traveling unexpectedly to a customer’s site where an install was going wrong. I was with the CEO, the head of Sales, and the big dog’s from the customer. Great exposure. Especially when I delivered.
You will learn to be flexible . Traveling involves a healthy dose of “crud, that happened.” You got to roll w/ the punches and travel will help keep you flexible which is always a good thing for the business world.
You will meet new people inside your firm . I like this the most. Lots of good network opps on the road and the chance to build your virtual Rolodex.
You will get 1:1 time with important people in your company . I spent 4 hours in a car w/ our national sales director – excellent bonding time. We now trust each other and I have an internal coach when I needed one. When you are on the road you often will be there 1:1 with key members of the firm. I once picked up and dropped off the CEO from the airport. Later he hired for me a very senior role.
You will rack up points and miles that you can use to book personal trips . If you gonna travel you might as well get the points. Use those points to pay for your personal or family vacations.
You can brag to your friends (via Instagram, of course) about your “glamorous travel life .” Hey, it’s not that glamorous, but what do they know. Give ’em the ole duck face photo at the Hampton Inn in Bismarck, ND and throw a sweet filter on it. They will think you are living the good life. #Sarcasm. Or if you are actually at some place sweet those photos will be awesome. #Millenial (not me!)
You get to see a lot of interesting places (bucket list!) . Through business travel I’ve been able to visit almost all 50 states, and check off quite a few bucket list destinations. Sometimes you gotta rush through them given the business constraint, but its still far more economical than you could do on your own.
You will gain a more global (or at least “National”) view of the world / country . If you live on the left coast (like I do), you might have a tendency to get a skewed view of the universe. I’ve spent so much time in all parts of this country that I know that there are equal parts good and bad people everywhere. Travel will bring you into contact with all kinds of folks.

Be sure to read: 147 Business Travel Tips â€“ the ultimate list of road warrior tips & tricks

The Downsides of Business Travel

Yes…it’s not all glitz and glam and unicorns. In fact, often it’s not. Here are some of the downsides of business travel:

Time away from family . This is the biggest drawback. And one I’ve struggled with. I love my family and I love providing for them. I know for a fact that I could not provide the same quality of life that I do today if I didn’t have a job that involved business travel. All the same, it totally sucks being away from your family.
The hassles of business travel . Non-business travelers often think the business travel life is glamorous. And I suppose that parts of it are (like getting a sweet upgrade to first class), but the reality is that it’s a job and it has its own daily grind. You are cramped in airline seats, shuttling from one location to the next, tired, etc.
You will be tired . Different time zones, jet lag and having to the “up” and “on your game” for you client meetings is taxing on the body. You learn to live with, but it’s still difficult.
You will occasionally miss your kids events . This sucks. No two ways about it. I’ve made more events than I’ve missed, but sometimes you will miss a soccer practice or a midweek game. Not fun.
You will travel to places people don’t really want to visit (like Minot, ND) – but I see this as an upside, honestly.
You will be alone a lot . All of those bucket list places are often done alone. I’ve seen cool lighthouses…by myself. I can honestly say while it was cool to see, I wished my wife was with me. It would have made it so much better. At the end of the day, you are alone in your hotel room with your email and your TV.

For more thoughts on the downsides of frequent travel consider these articles:

Travelling for Work: The Dark Side of Work Travel
9 Crazy Myths About Business Travel â€“ Debunked!
What to do on a Business Trip Alone â€“ 7 Ideas to Never Be Lonely on a Work Trip
Travel Tip Tuesday #19: Staying Connected is Important (to your loved ones!)

Final Thoughts on the Benefits of Business Travel

There are a lot of pros and cons to business travel. I have been doing it for many years and the impact it has had on my career has been significant. The world is pretty flat these days and many corporate jobs require some level of travel.

If you want to really advance in your career it is better to embrace the benefits of business travel. Find a supportive partner (my wife is amazing and we have a great routine! I could not do this job w/out her) and jump in headfirst. Your career will thank you.

Don’t forget to read my post on 11 Tips to Crush your First Business Trip for ideas on how to get the most out of your first experience and to avoid making those rookie travel mistakes.

By the way, if you are interested in more travel tips and travel advice, you might be like these great articles:

If you liked this content, please do us a favor share it on social media and click the â€œlikeâ€ button below and donâ€™t forget to follow us on social media including Twitter , Instagram , Pinterest and Facebook .

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Jeremy Ballou is the editor of the CBoardingGroup.com and a long-time writer in both the travel and tech industry. Most days he's in thinking about travel or writing about it.

Travel Tip Tuesday #21: How to Fold your Towels like the Hotel does!

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Enjoyed this article and it’s great that you have been able to travel on business for a long time.

One downside I’ve noticed is marital splits.

Thanks so much! And yes heavy travel can be rough on the marriage. No doubt about it.

I like the idea that Iâ€™ll be likely to get involved with higher-profile projects with business travel. My boss is offering me this opportunity since he told me that I have the potential to take over his place when he retires, and he wants me to get started as soon as possible with traveling on all parts of the country. If I were to choose, Iâ€™ll look for a company that posts business class travel fares so Iâ€™ll know how much I should put for the travel expenses when I begin my training.

You should definitely take advantage of it!

What Is Business Travel? Importance and Types

Business travel has always been an integral part of the corporate world. It provides opportunities to meet clients face-to-face, attend conferences and networking events, and explore new markets.

However, as much as business travel can be exciting, it also comes with its fair share of challenges. From flight delays and cancellations to tracking approvals and keeping spending in check, numerous obstacles can make business travel stressful and overwhelming.

In this blog, we will explore the challenges and solutions of business travel and provide insights on how businesses can optimize their policies and practices to make them more efficient, cost-effective, and enjoyable for everyone involved.

What is Business Travel?

Millions of professionals worldwide engage in business travel each year. Business travel is when you hit the road or take to the skies for work-related purposes. So, if you've ever traveled across state lines for a meeting or hopped on a plane for a conference, you've been on a business trip.

According to the Bureau of Transportation Statistics , Americans take over 400 million long-distance business trips yearly, accounting for roughly 16% of all long-distance travel.

What is the Importance of Business Travel?

It's clear that business travel is a significant part of many companies' operations, but what motivates them to send their employees on these journeys? There are several reasons why companies invest in business travel. Here are some of them:

1. Closing Deals

Business deals often involve significant negotiation, and in-person meetings can be critical to reaching an agreement. When people meet in person, they can build trust and establish personal connections that are difficult to achieve through virtual communication. As such, closing deals in person is a common reason for business travel.

2. Exploring New Markets

Companies looking to expand into new markets often send representatives to explore the conditions on the ground and conduct research. Visiting a new market can provide valuable insights into consumer behavior, local regulations, and cultural norms that can help companies tailor their products and services to a new audience.

3. Building Relationships

One of the primary advantages of business travel is its opportunity to build stronger relationships with clients, partners, and colleagues. While email, phone, and video conferencing are convenient, nothing beats face-to-face interactions regarding establishing trust and rapport.

You can pick up on nonverbal cues during in-person meetings and establish a more personal connection. It can lead to a deeper understanding of the other person's needs and goals, which can ultimately help you provide better service or products. Additionally, in-person meetings can help address any concerns or issues more quickly and efficiently, preventing them from becoming more significant problems down the line.

4. Networking

Attending industry events, trade shows, and conferences can provide networking opportunities, learning about new trends, and meeting potential clients and partners.

Networking can be invaluable for building relationships, finding new clients or partners, and staying up-to-date with industry best practices. For example, attending a trade show can provide opportunities to showcase your products or services, meet potential clients, and learn about the latest market trends.

5. Competitive Advantage

Companies prioritizing business travel and investing in face-to-face meetings with clients and partners can gain a competitive advantage over those relying solely on digital communication. By meeting with clients and partners in person, companies can establish more personal connections and build trust, leading to more business opportunities and revenue.

Here's a business travel checklist to make business travel for your employees less stressful.

Different Types of Business Travel

Business travel can take many forms, depending on the purpose of the trip and the activities involved. Here are some of the most common types of business travel:

Event and Conference Travel: Companies often send employees to corporate events and conferences where attendees can learn and network with peers, potential clients, and service providers.
Training and Education: Companies may send employees to conferences and workshops to learn about trends and best practices in their functional areas. These events can provide valuable opportunities for professional development and networking, helping employees stay up-to-date on the latest industry developments and build relationships with others in their field.
Internal Meetings and Visiting Offices: National and multinational companies may need to send employees and leadership to other offices to discuss specific projects and business strategies or to build a more integrated organizational culture.
Company Retreats: Some companies hold retreats annually or multiple times yearly to help teams grow stronger and build company culture through shared activities.
Client Meetings: Maintaining solid relationships with existing clients is crucial for many businesses. Account managers and others may regularly visit their most prominent clients to check in on them, take them out for a meal or drink, and generally show gratitude for their business. These visits can strengthen relationships and potentially lead to additional business.
Trade Fairs: Many organizations attend trade shows and expos to display their products and services and connect with potential clients. Attending these events can effectively generate leads and build relationships with potential customers, especially in industries where face-to-face interactions are critical.
Transfers and Offshore Work: Long-term transfers involve relocating employees to a different city or country for a certain period, usually to work on a specific project or set up a new function or business process.
Transient Travel: Business transient travelers typically refer to individuals who frequently travel for short periods, often for a business meeting or work-related. These travelers usually stay in hotels or temporary accommodations and frequently move between locations for work or other activities.
Bleisure Travel: This hybrid travel style combines business and leisure travel, allowing employees to extend their business trips to leave time for sightseeing and relaxation. Bleisure travel can benefit employers and employees, encouraging employees to volunteer for business trips more often and providing a relaxing break.

Top Challenges To Manage Business Travel

As many businesses need help managing company travel, several issues affect day-to-day operations. These include:

1. Managing Large Numbers of Requests

When managing large numbers of travel requests, keeping track of all the information and ensuring that requests are processed efficiently can be challenging. It can result in delays and frustration for employees waiting for travel approvals or information.

For example, imagine a small company with just one finance person responsible for managing all travel requests. They receive requests from various team members in different formats—email, Slack messages, and in-person visits. It can lead to confusion and delays in processing the requests and distract the finance person from other essential tasks.

2. Tracking Approvals

It's a massive headache if your company's travel approvals are manually emailed. Tracking travel approvals can be time-consuming and prone to errors. It can result in missed approvals, delayed travel, and frustration for employees waiting for approval.

Imagine a team member submits a travel request, and the finance person then sends an email to the manager for approval. If the manager is busy or forgets to respond, the request may be delayed or even missed altogether, causing frustration for the employee who is scheduled to travel.

3. Keeping Spending in Check

Managing travel costs can be difficult, especially when employees book trips independently or through different channels. It can result in overspending and frustration for finance teams who aim to keep costs under control.

For example, imagine a company where employees book travel through different channels. Some employees book expensive hotels and flights, while others find cheaper options on discount travel websites. It can lead to inconsistency in travel costs and make it difficult for the finance team to manage and budget travel expenses.

4. Being Flexible

Flexible travel policies can result in consistency, especially when balancing cost control with employee satisfaction. It can result in frustration for both employees and finance teams.

For example, a business with restrictive travel policies can limit employees to specific airlines, hotels, and routes. It may help control costs, restrict employee options, and make travel less enjoyable. On the other hand, if policies are flexible, employees may book expensive options outside the budget.

5. Reducing Errors

Reducing errors in travel management can be challenging, but it is essential to ensure accurate tracking of expenses and approvals. This can help prevent delays and frustration for employees and finance teams.

How Companies Can Manage Business Travel

Companies must make the process straightforward to ensure that team members comply with travel policies. If the process is simple, team members will find ways to circumvent the rules, and compliance will improve. The following are some common pitfalls to avoid:

Too many rules: Too many, incredibly confusing or contradictory, can be overwhelming and frustrating for team members. It can lead to non-compliance or errors.
A high number of touches: Too many touchpoints, like requiring additional emails to managers for approval, can slow down the process and make it difficult.
Lots of manual steps: Requiring team members to file printed documents and receipts can be time-consuming and create opportunities for errors.
Unclear processes: If team members are unsure of the steps or rules they must follow, they may become frustrated and disengage from the process.

To ensure compliance and simplify the process, use a corporate travel management system that walks employees through each step. By automating the process and making it easy and intuitive, team members are more likely to follow the rules and comply with company policies.

What is a Business Travel Solution?

A travel management system is a software platform that helps companies manage their employees' travel-related activities and expenses. These systems can be purpose-built tools from third parties or developed in-house by large companies. However, building a travel management system from scratch doesn't make sense with the availability of corporate travel management tools out of the box for a relatively low cost.

These systems aim to oversee, regulate, and coordinate a company's employees' travel activities and expenses. Previously, a company's office administrators or a dedicated travel manager would handle these tasks. However, with a travel management system, these manual tasks can be streamlined or automated, freeing up staff for more valuable work than monitoring others' travel plans.

A business travel solution typically offers features such as online booking, expense tracking, policy compliance, travel budgeting, and reporting. They make booking, managing, and tracking business travel much simpler and more efficient for companies and their employees.

As a business, it's essential to recognize the value of investing in business travel. There are numerous reasons why companies send their employees on these trips, including closing deals, exploring new markets, holding internal meetings, prospecting, educating, and visiting existing clients. These opportunities provide valuable experiences and insights to enhance your company's operations and bottom line.

However, managing business travel can present challenges, such as managing large requests, tracking approvals, and dealing with changes in travel plans. To address these challenges, it's crucial to have a straightforward and streamlined travel policy outlining the process for requesting, approving, and booking travel and any expense and reimbursement policies.

Another essential aspect of managing business travel is providing support and resources to employees while on the road. It includes ensuring they have the necessary technology and tools to stay connected and productive, providing guidance on safety and security, and offering access to travel support services in emergencies.

By recognizing the importance of business travel and implementing strategies to manage it effectively, your company can reap the benefits of enhanced collaboration, improved relationships with clients and partners, and increased opportunities for growth and success.

So let your employees stay connected, build relationships and enjoy their next business trip!

John Hunter

John is the Senior Manager of Event Cloud Content Marketing at Cvent. He has 11 years of experience writing about the meetings and events industry. John also has extensive copywriting experience across diverse industries, including broadcast television, retail advertising, associations, higher education, and corporate PR.

Corporate Business Travel: Everything You Need to Know

Katie Miller is a consumer financial services expert. She worked for almost two decades as an executive, leading multi-billion dollar mortgage, credit card, and savings portfolios with operations worldwide and a unique focus on the consumer. Her mortgage expertise was honed post-2008 crisis as she implemented the significant changes resulting from Dodd-Frank required regulations.

Corporate business travel involves the movement of individuals representing their organizations for work-related reasons. Whether it’s attending client meetings, industry conferences, or sealing business deals, this practice covers a range of activities essential for professional growth.

In the interconnected global business environment, where face-to-face connections matter, corporate business travel plays a central role in sustaining and expanding enterprises across borders. Businesses face challenges in optimizing this crucial element of their operations. Strategic considerations must be taken into account to use this element of business to its greatest potential.

Key Takeaways

Corporate business travel can unlock new opportunities for business growth, offering the possibility of reaching new markets, connecting with a wider pool of prospects, or developing brand presence and reputation.
Traveling for business has many benefits for individuals as well, providing them the chance to meet fellow employees, grow their career by participating in different opportunities, and network within the industry, not to mention experience new destinations.
Business traveler safety and security are top priorities during corporate travel.
To ensure that travel goes smoothly and stays within budget, companies should implement corporate travel policies and best practices for employees traveling on behalf of the company.

Importance of Corporate Business Travel

There are many business-related reasons to travel. It can encourage team building, promote learning, offer different perspectives, provide connection to a wider network, open up new markets, and drive sales. And whether or not the trip is for a specific purpose (such as a conference or a retreat), the benefits for employees and companies alike can extend beyond the stated intent of the trip, building confidence, cultural competency, relationships, and company reputation.

Many employees consider the opportunity to travel for work a desirable job perk, as it can offer the chance to venture somewhere that they may not ordinarily go, or to have a trip paid for by their company. And although expenses are associated with travel from a corporate perspective, they may be well worth the return on investment in terms of potential leads or sales—plus, many travel expenses are tax- deductible .

Types of Corporate Business Travel

Corporate travel can take many forms, including the chance for employees and executives to attend events, such as meetings, conferences, industry networking sessions, and fairs. Or a trip may take advantage of educational opportunities such as training sessions, seminars, and workshops. Retreats and guided trips can make for valuable team-building time in new contexts that unlock different perspectives and strengthen working relationships.

Businesses may send their employees to a different location to network, sell, teach, learn from, or generally connect with external contacts or internal employees in regional offices, or to act on behalf of the company in some way.

Additionally, from a client perspective, business travel may occur as a form of due diligence , ensuring that your vendors or suppliers are legitimate, legal, and compliant organizations—for example, traveling for regular audits to confirm that what you think is happening at your supplier organizations is actually happening.

Creating a Corporate Travel Policy

From a company perspective, travel can be a challenge to administer and manage . Costs can easily balloon out of control; travel logistics can be time-intensive to arrange; employees traveling on behalf of the company must be granted a great deal of trust; and like any form of travel, business travel can open up risks to safety, security, and health.

No matter the size of the business or the frequency or complexity of travel, a corporate travel policy can be a helpful tool for any company to set expectations for its employees, communicate guidelines and processes, keep expenses within budget, and streamline booking and logistics.

In creating a corporate travel policy, companies might consider the following for both domestic and international travel, as applicable:

Purpose(s) of travel
Which employees are eligible to travel
Booking and expense approval processes
Risks and liabilities of travel and how to manage them
Expectations for employee behavior, including acceptable and secure uses of technology, personal vs. leisure time, communication, and entertainment while traveling
Eligible expenses for employees while traveling, including per diem rates if applicable
Determine if employees will be reimbursed for their expenses or given a corporate credit card to use
Financial tracking, record-keeping, and reimbursement processes
Acceptable booking practices and costs, including preferred agents or vendors
Travel insurance

Of course, policies must also be communicated and enforced to ensure compliance and fairness. Including a travel policy as part of a corporate handbook or reviewing it in an onboarding or training module can be a good way to ensure that all employees receive and understand the information. Making it easily accessible for future reference on a shared drive or company portal will encourage employees to refer to it often.

Business travel managers estimate, on average, that spending on domestic and international corporate travel is at 77% and 74%, respectively, of where it was before the COVID-19 pandemic.

Setting a Corporate Travel Policy

Corporate Business Travel Best Practices

There are many best practices that both employees and companies can keep in mind around corporate business travel to ensure that it is a successful experience. These encompass everything from administration and financing to employee behavior and well-being.

Booking Corporate Travel

Booking travel can be labor-intensive and time-consuming. To improve the booking process, save on costs, and streamline expense reporting, it can be helpful to designate preferred travel agencies, online platforms, vendors, and lodgings for employees and executives to book with. If the size of the company allows, it can also be helpful to hire an employee or team specifically to oversee and administer corporate travel, or designate this duty as part of an employee’s broader job description.

Managing Travel Expenses and Budgeting

There are many financial considerations when it comes to corporate business travel, and expenses and budgets must be carefully managed to keep costs under control. Many travel expenses are tax-deductible and can be written off, representing potentially significant savings for a company. Setting a budget and clear guidelines for employees about what can be an expense and what cannot is a must, as is creating and enforcing policies and procedures around tracking and reporting expenses.

Many corporate credit cards offer travel rewards and cost-saving opportunities for business travel, as do many other vendors and suppliers in the corporate travel industry. Businesses can take advantage of these to reduce inefficiencies and save on costs.

How to Manage Corporate Travel

Ensuring Traveler Safety and Security

As with any trip, business trips are not without safety and security risks, including the potential for political or civil unrest, crime, illness, injury, accidents, emergencies, natural disasters, cybersecurity breaches, or theft.

To protect their employees against unexpected and undesirable circumstances, at a minimum, businesses will want to have a travel insurance plan in place. It’s also helpful for businesses and employees to undertake some form of travel risk assessment to aid them in navigating potential risks, and outline safety and emergency preparedness guidelines within a corporate travel policy.

Employees should also know how to call if something goes sideways, such as hotel booking issues. A travel agent? A supervisor? If there’s a hurricane, you don’t have a car, and your flight is canceled, can you book another last-minute flight to get around the weather to get home? These details should be planned ahead for.

Maximizing Productivity During Business Trips

The overlap of business and leisure, sometimes referred to as “bleisure,” is one of the main draws of corporate business travel. However, there can also be pitfalls associated with this gray area. It can be difficult to stay productive while working remotely, whether due to the many distractions of a new environment (positive and negative), or because the trip entails an increased workload or time spent away from day-to-day job duties.

Employees looking to manage their time efficiently while away should get clarity on the intended purpose and expected outcome of their trip, and their employer’s and teammates’ expectations for their workload and communication frequency. They can also plan ahead to make the most of their travel time and downtime, and anticipate time zone differences to ensure smooth communication and adjustment to jet lag.

It’s important for employees to maintain work-life balance while traveling on behalf of work. Researching food, entertainment, and fitness options and preparing accordingly can pay off in terms of mental and physical wellness, especially for frequent travelers.

Tips for Business Travel Etiquette

Traveling anywhere, whether domestically or internationally, comes with responsibilities and expectations regarding employee behavior. Perception is one of the most important factors to remember when traveling as a representative of your company. You represent your company out in the public, so you need to ensure you’re displaying any key values that your company represents when interacting with vendors, clients, and peers.

This applies to cultural sensitivity as well. Travelers should do research in advance of their trip to ensure that they can be mindful of local customs and professional etiquette and behave with awareness and respect. Even the basics, such as learning appropriate forms of greeting or how to handle money and payment, and committing a few common words or phrases to memory can go a long way toward demonstrating good intentions and building a new relationship across cultures.

Sustainable and Responsible Business Travel

Recognizing that corporate travel can have a negative impact on the environment, many businesses and individuals are reexamining their travel practices and policies to see where they can make improvements. One example is reducing emissions by booking different means of transportation when possible. In general, seeking out vendors or companies that promote sustainable travel practices and responsible tourism, and that support local communities and ecosystems, can be a good first step to reduce environmental impact.

Technology and Tools for Corporate Business Travel

Software and technology tools can be immensely useful across all aspects of corporate business travel. Travel management and booking platforms; apps for tracking expenses, navigation, or converting currency; and translation and communication tools are all things that employees and businesses alike can take advantage of before, during, and after traveling.

When it comes to technology, it’s important to account for cybersecurity risks and only bring what is necessary to reduce the potential impact of damage, loss, or theft.

Managing Business Travel Expenses

What Is an Example of Corporate Business Travel?

There are many work-related reasons to travel, but many businesses will have their employees travel for conferences, events, sales and networking, seminars, meetings, team building, retreats, and to open up new business growth potential.

How Does Corporate Business Travel Work?

Corporate travel is simply travel for business-related purposes, so the nature of the trip will depend on its length and purpose. Companies whose employees travel frequently on behalf of the business should consider creating a corporate travel policy with information and guidelines for their employees.

Who Handles Corporate Business Travel?

Some businesses employ internal teams or individuals to manage corporate travel and business trips. At other times, employees are responsible for making their own arrangements within guidelines laid out by the company. There are also corporate travel agencies that businesses can leverage to streamline and optimize their bookings and costs.

The Bottom Line

Corporate business travel can be an invaluable path to both business growth and individual career development, building strong relationships and teams. No matter what form it takes, it’s prudent for companies to collect, implement, and communicate best practices for business travel to their employees in a company handbook or corporate travel policy. This should incorporate areas such as expense and booking management, safety and security, productivity, sustainability, technology, and employee behavior and etiquette.

Michela Buttignol / Investopedia

Internal Revenue Service. “ Understanding Business Travel Deductions .”

Global Business Travel Association. “ GBTA Business Travel Industry Outlook Poll .”

Harvard Business Review. “ How to Work and Travel at the Same Time .”

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Business Travel

Benefits of business travel for boosting productivity and growth.

Corporate travel fosters professional relationships, expands market reach, and catalyzes growth. While the advent of digital communication tools has transformed how we connect, and there are undoubtedly benefits to virtual meetings, the value of in-person interactions remains unparalleled. This blog post delves into business travel’s main benefits and valuable opportunities, offering insights into how strategic travel can enhance productivity, stimulate growth, create work-life balance, and foster stronger relationships.

Business travel is not just about the journey but the new opportunities it creates for networking, market expansion, employee development, innovation, strengthening company culture, and professional growth.

6 Benefits of Business Travel for Companies

1. enhanced networking and relationship building.

The essence of business lies in the strength of its relationships. Face-to-face meetings during business trips lay the foundation for more robust, authentic connections. Whether sealing a deal with new clients over a handshake or brainstorming with business partners over coffee, the personal touch enhances trust and understanding. Networking in such settings often leads to personal connection, valuable partnerships, fruitful collaborations, and lasting client relationships. Today, many organizations are spread across different locations. By allowing employees to visit their professional network in each area, business travel boosts retention and helps avoid employee burnout—they experience new cultures while integrating work into their personal lives.

According to a Harvard Business Review survey , 95% of respondents said face-to-face meetings are essential for long-term business relationships, emphasizing the irreplaceable value of in-person interactions in the professional sphere.

2. E xploring new territories

Exploring new territories is one of the many benefits of business travel. It empowers companies to understand local markets firsthand, meet potential clients, establish a global presence, and take on new challenges. Such direct engagement with new people is crucial for tailoring strategies to diverse consumer needs and cultural nuances, often leading to faster market penetration. Companies invest in business development in many ways, and encouraging employees to take on networking opportunities in new destinations or a different city is one of the most efficient paths to expansion.

A Global Business Travel Association (GBTA) report found that every dollar invested in business travel can increase to $12.50 in revenue and $3.80 in profit, highlighting the direct correlation between frequent business travel and business growth.

3. Employee Development and Collaboration

Traveling together can significantly boost team cohesion and collaboration in-person meetings. It offers unique opportunities for departments to break silos, fostering a unified team spirit. The shared experiences and challenges encountered on trips often translate into improved communication and collaboration back in the office.

According to Deloitte’s 2023 corporate travel study , there’s a notable increase in international trips and live event attendance, positioning them as significant drivers for business travel growth in 2023. This trend underscores the importance of in-person interactions for fostering team cohesion, enhancing collaboration, and facilitating professional development.

Many businesses understand this conceptually but argue that business traveling is time-consuming, impacts employees’ time management, and is unnecessary. As we’ll continue to see, a business meeting in a foreign country to meet clients or turn a colleague into a close friend might be more valuable than most companies realize.

4. Innovation and Creativity

Exposure to new environments and cultures is a proven catalyst for creativity. Business travel encourages employees to think outside the box, leading to innovative solutions and new skills and ideas. Companies promoting travel for inspiration have reported increased creative output, attributing breakthroughs to insights from diverse cultural experiences.

Research from the Academy of Management Journal suggests that professionals who travel abroad for a business trip are more likely to solve problems creatively, with a significant finding showing a 20% increase in creative outputs among such individuals.

5. Strengthening Company Culture

Shared travel experiences contribute significantly to a positive and cohesive company culture—one of the top benefits. They offer a unique platform for team-building activities and informal interactions that strengthen bonds and foster a sense of belonging.

The 2024 Global Meetings and Events Forecast by American Express Global Business Travel provides valuable insights. The forecast emphasizes in-person meetings are crucial for fostering creativity, building corporate culture, and driving growth. This aligns with the understanding that shared travel experiences and face-to-face interactions are vital in enhancing team dynamics and promoting company unity.

6. Professional Development and Training

Attending international conferences and workshops is a crucial benefit of business travel, offering unparalleled opportunities for learning and professional growth in new locations. Such events keep employees abreast of industry trends, new technologies, and best practices.

According to the Association for Talent Development (ATD) , employees who attend external training sessions bring back valuable insights, leading to an average 37% increase in productivity.

Cost-Effective Strategies for Travel Management

Strategic planning and the right corporate travel tools are essential for controlling travel costs without sacrificing the trip’s quality or objectives (while keeping the finance team happy).

Below, we delve into detailed strategies that underscore how businesses can optimize their travel management practices, significantly highlighting how business travel management software , specifically AltoVita’s innovative tool, contributes to achieving these goals.

Use Travel Tools to Streamline Your Bookings

The complexity of managing various aspects of business travel necessitates a streamlined approach. AltoVita emerges as a comprehensive solution, offering a platform that simplifies the booking process through automation and customization while adhering to each company’s unique travel policy. This approach facilitates easier corporate travel management and enhances the travel experience for business travelers, ensuring they can focus on their business purposes without the hassle of travel logistics.

Comprehensive Platform : AltoVita provides a one-stop solution for finding corporate housing , managing group bookings , leveraging corporate credit cards, and ensuring comprehensive corporate travel risk management . This holistic approach allows businesses to manage all aspects of travel planning in one place, thereby reducing the time and effort required to organize trips and addressing the finance teams’ needs for efficient management.
Streamlined Booking and Tracking: AltoVita enables businesses to streamline the booking process and efficiently track accommodation costs. The platform’s intuitive design makes booking corporate travel accommodations that meet specific requirements easy, while integrated cost management features enable real-time tracking and control of travel-related spending. This is particularly beneficial for finance teams looking to balance cost efficiency and quality employee travel experiences.
Corporate Credit Cards Integration: AltoVita’s platform supports using corporate credit cards and capturing spend data for reporting. This integration ensures businesses can maintain a clear overview of travel costs and benefit from streamlined cost management.

Utilize Flexible Travel Dates

Flexibility in scheduling travel dates is a powerful strategy for cost reduction. AltoVita supports this approach by offering flexible booking options, allowing companies to:

Save on Costs : Businesses can significantly reduce travel costs by choosing less expensive days for flights and accommodations. AltoVita’s platform provides visibility into pricing trends and availability, enabling companies to select travel dates that offer the best value.
Leverage Off-Peak Discounts : Traveling during off-peak times can unlock additional savings. AltoVita helps identify these opportunities, offering recommendations for travel times that are cost-effective and deliver a better travel experience with fewer crowds.

This flexibility leads to direct cost savings and enhances the overall travel experience for employees, making business trips more enjoyable and less stressful.

Use a Centralized Booking System

Centralizing travel bookings through a platform like AltoVita offers several advantages for managing corporate travel :

Improved Control Over Travel Arrangements : A centralized system ensures that all bookings adhere to company travel policies and budgets. AltoVita’s platform allows businesses to set preferences and restrictions, ensuring compliance and consistency across all travel arrangements.
Better Rates and Savings : With AltoVita, companies can access various accommodation options at competitive rates. The platform’s negotiating power and relationships with providers mean businesses can secure the best possible deals, leading to an average reduction of 15% in travel expenses.
Simplified Process : Centralizing bookings simplifies travel management, making it easier to organize, track, and modify travel plans as needed. AltoVita’s user-friendly interface and customer support ensure a smooth and efficient booking experience for travel managers and travelers alike.

By integrating these cost-effective strategies with AltoVita’s innovative travel management solutions, companies can achieve significant savings while ensuring their employees have access to high-quality travel experiences.

Key Takeaways

Business travel is an indispensable part of today’s corporate world, offering myriad benefits that drive productivity, foster growth, and enhance company culture. Companies can maximize these benefits by embracing strategic travel practices and utilizing platforms like AltoVita for efficient travel management while maintaining cost-effectiveness.

Strategic Business Travel Enhances Productivity and Growth : Business travel plays a crucial role in building professional relationships, expanding market reach, and fostering innovation, directly contributing to the productivity and growth of companies.
Personal Interactions Fuel Business Success : Face-to-face meetings and in-person collaborations are invaluable, fostering more robust partnerships, enhancing team cohesion, and leading to a more vibrant company culture.
Innovative Solutions Streamline Travel Management : Travel management tools like AltoVita simplify the booking process and offer cost-effective strategies for managing business travel, from flexible travel dates to centralized booking systems, ensuring companies can focus on their travel objectives without overspending.

For those looking to redefine their travel management strategy and discover how AltoVita can facilitate seamless and efficient business travel accommodations, click here to learn more and book a demo.

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Benefits of business travel for corporate companies

A fully sponsored trip with potential opportunities to network with new people will sound exciting for any employee. Even if business travel is another means of working away from the office, it’s still enjoyable.

But how do these benefits of business travel matter to a business? Do they really like sending their employees on trips, or do they consider it a waste of money?

Frankly, many businesses don’t see this as an opportunity but as an additional expense. And in the times of Zoom and online meetings, business trips are on the verge of their downfall.

If technology is ready to bridge the gap, why should companies invest in this and let employees clock in from anywhere? Let’s find out!

What does business travel involve?

Business travel differs from one group of employees to another. The major process involved is transportation. The employee must take a cab if it’s an inter-city meeting or a flight if it’s across cities or the country.

If the stay is going to be longer, the traveling employee will need a place to stay. Hence, a hotel reservation must be made before the trip, confirming the duration and room rent.

Travel expenses will also include cab fares for the trips between the airport and the hotel or hotel to the venue. Some businesses sponsor the coffee and lunches they have while on travel.

Once the employee has fulfilled the purpose of the visit, they will check out and fly back to their own destination.

In layman's terms, business travel is mostly for meeting prospects or potential stakeholders to discuss things in person. Or it can be just visiting another branch, warehouse, or inventory of the company or attending a business conference.

The purpose of the travel can differ, but the itinerary will be more or less similar to what’s shared above.

What are the benefits of business travel for companies?

Business travel benefits both employees and employers in some ways. Though it’s your employees who travel, they carry your company name as their identity. Hence, the benefits are mutual always.

1. More networking opportunities

One of the main benefits of business travel is that it opens up a whole new world of opportunities where one gets to meet and network with people from all walks of life. Employees with good interpersonal skills can form strong connections when such instances happen.

This extended network of theirs will benefit not only them but also the company they represent.

The people they meet there can be potential clients, investors, reliable suppliers, or someone with a goldmine of contacts and recommendations.

If an employee takes up a branch visit, they can also meet other employees, interact with them, and strengthen their cross-departmental bonding.

It pays the way to clear communication issues that have existed so far due to online or telephonic talks. Both parties get the necessary information and coaching they need about the other team.

2. Meeting prospective clients

Bumping into clients in unusual circumstances is quite a surprising one. If your employee is a smooth talker, they can get the prospect interested in your product without even pitching.

This is very different from leads that come through generic channels. And it has a high potential to get converted into an active buyer.

It’s the most organic way to promote your business and receive contacts of leads. By developing a great travel culture where employees travel in a stress-free manner, they can be indirect propagators of your business.

3. Face-to-face meetings

For basic communication and information exchange, online calls and emails will work. For stuff beyond that, in-person meetings serve more value. Face-to-face meetings are effective as you can both see and listen.

You can weigh their body language and see if they are really interested in what you are offering. What happens after a series of meetings and email follow-ups can actually be wrapped up in one face-to-face meeting.

You will be standing out from the crowd as most of your competitors stick with safe options like online meetups. If you compare a face-to-face meeting with an online chat, the former has a 35% higher success rate than the latter.

4. Experience new cultures & different ways of working

Traveling and working from new locations has a lot to offer from a learning point of view. The employee is exposed to newer environments and work culture and gets to bring that back to your office.

It can be a breath of fresh air for those around them as they learn from these experiences. Without spending much, your employees will gain new skills and knowledge that can aid their work life and career advancement.

By sending the young talents of your company on business trips, you boost their leadership and decision-making skills by observing how others do it.

5. Tax write-offs

Certain expenses of businesses qualify for tax write-offs or deductions. Travel expenses are one among them in many parts of the world. Travel expenses that are fully related to your business qualify for tax deductions.

In Singapore, businesses can avail of up to 50% tax exemption on travel tickets, meals, and hotel charges. In India, all travel-related expenses except foreign trips are eligible for tax exemptions.

Tax write-offs are one of the primary benefits of business travel that makes many businesses consider these expenses to be allowable.

6. Exposed to higher-profile projects

Business travel is an added perk for employees who want to engage with influential professionals and climb up the corporate ladder.

They get to travel to different locations, solve major business problems, and become part of high-profile projects.

They are introduced to other dimensions and elements of the company and contribute more than what their job profile warrants.

Online discussions and meetings can make this happen too, but not in an effective way like this.

7. Awarded with points and miles

Business travel expenses are mostly carried out through corporate credit cards.

These cards have points or offers for every ticket that’s booked using that. Both corporate and personal cards have many offers and points that get added to the account and used next time.

Even if the employee uses their personal funds to book tickets and receive reimbursement later, the perks are still applicable. Instead of reimbursing the entire spending account, your finance team will have a reduced spend value.

8. Helps avoid employee burnout

Following the same routine for the long term only leads to the burnout stage. This is when your employees stop being productive and see a dip in their performance. That affects your business too.

Taking a break from their regular work style and traveling to other locations help busy employees let off some steam. In a hectic work life, travel and vacation are not given much importance.

If it’s not for a lengthy vacation, you can help your employees travel frequently for business purposes. This is how you can do your part to make sure your employees are physically and mentally fit.

Challenges associated with managing business travel?

The benefits of business travel are many. But it’s not always rosy. There are many teams involved in the business trip of one employee. And it’s too much to process with high accuracy.

Some challenges businesses face are,

1. Tougher reimbursement process

Reimbursement is how employees get the money back from their company that they spent while traveling. Not all costs can be covered, but those related closely to the business.

They go through multiple steps to complete this process. Employees are supposed to carry receipts and submit them for verification.

It’s the limitations of the reimbursement process that makes it hard for employees to follow every time they come back from a business trip.

If they lose a receipt or bank charges slip, they have no other way to justify the expense. This is why an automated reimbursement system with a mobile application must be implemented.

2. Cutting down on travel costs

You create an expense category and assign a budget. And suddenly it becomes too unaffordable. Compared to other costs, travel costs can quickly get out of hand as the spending is always external.

It is challenging to keep this under control or set the price at a more grounded state. As there is no real-time measurement happening, tracking these expenses is of zero help.

Whatever values you have in your expense reports are shared by your employee. And the actual cost of their trip could be lower than what they reported too.

Hence, adjusting the policies or keeping the costs under control sounds too challenging for the finance team and they just lose it in the end.

3. Drafting effective travel policy

It’s a rule of thumb to consider all billable travel expenses before designing the expense policy. The travel policy is what guides employees on what kind of expenses are allowed for reimbursements and what not.

Also, you can’t use the same policy for years. The price rise and changes in the way employees travel must be taken into account. The same policy will not work for two different professionals with unique travel needs.

That has to be customized depending on their needs too. Above all, fairness is required to be maintained on both ends.

Employees must be clearly informed about what they spend on and how much. Lack of communication is what irks them most and makes them hate policies.

4. Complying with travel policy

Having a travel policy is mandatory to regulate spending made by employees. Having them in papers is okay.

But finance teams strive hard to apply that to every expense and enforce it strictly. Travel policies without any automated system are futile. It takes manual effort to detect and reject expenses that don’t fit under the travel policy.

Finance teams will have to spread awareness among employees to not encourage such expenditures. More often than not, your employees will be spending over what has been set as the spending limit.

Finance teams cannot approve more than what’s allowed. The difference in the amounts will be incurred by the employee whether or not they like it.

5. Controlling travel expense fraud

There is always that one employee who likes to play around and exploit the privileges offered. They use fake proof or add a few numbers to the actual amount to gain more than what’s spent.

Not paying heed and approving these only bring loss to the company. Yes, violations happen when there is no clear understanding of policies. But it also happens with the negative intention of stealing the company’s money.

If not caught, they make this a habit and keep indulging in more expense frauds. Among all small business frauds, 21% alone accounts for fraudulent expense claims.

6. Lack of communication with other departments

Expense report is submitted by one person from the operations or marketing department. But that’s approved and processed by the finance and accounting team.

The team leader, manager, or HR will also be involved in primary approval processes. Some teams have booking managers who do the booking themselves and share the ticket.

In any case, it involves too many people in one instance. For a startup that’s managed remotely, this will be a nightmare.

Every team will have its own portals or spreadsheets that others cannot access. So they either look at stand-alone systems with outdated data or rely on others for cues to proceed next.

This only leads to delays, inefficiencies, and broken communication. When something goes wrong, each one blames the other rather than being accountable.

How can Volopay help enhance your business travel?

You know the benefits of business travel now and also the challenges that will be brought to you. What is the solution then to manage a travel expense management app that magically keeps everyone on the same page?

You are in the right place. Volopay is an all-in-one corporate travel expense management platform . It has the most intuitive reimbursement platform using which your employees can submit reports in a few steps.

You can upload your approval workflows, and set approvers, and admins who will process this request. Every step is automated, which means one person approves and passes it to the next level automatically.

Those who submitted the report don’t have to manually follow up. They can log in and find updates in the same place.

We also have something for the pre-trip expense approval system. Employees can now be given corporate credit cards and allowed to spend business money directly. Create cards, add credits and spending limits, and share them with them.

Every card will be internally related to a budget category for easier categorization and monitoring.

Your employees feel empowered to spend without having to report. And you can monitor centrally all card payments, or every expense made through Volopay for that matter.

Volopay is an all-inclusive payment suite that’s best for all of your business payments.

Streamline all your business travel-related expenses with Volopay!

BLOG: 5 Added Benefits of Traveling for Business

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You probably know how business travel benefits companies, but are you aware of all the ways that it benefits the employee traveling? Business travel is about more than meeting new prospects, closing sales deals, growing the top line, giving presentations, and strengthening client relationships. Here are 5 great additional benefits:

1. Experiencing New Places

We know that when you’re traveling for business, much of your time will be spent doing just that – business. However, carving out just a little time during each trip to experience the sights, sounds – and food – a place has to offer can add so much to your trip! Instead of a boring, humdrum business trip, you get the opportunity to immerse yourself in the culture of the place you’re visiting – whether you’re in Dubai, Paris or Atlanta, Georgia.

2. Meeting New People

One of the greatest advantages to traveling for business is the people you get to meet along the way. Besides the added benefit of meeting the people you’re doing business with face to face, you are able to build your network so that it expands across the nation and, possibly, the world. This also gives you a personal connection to each of the places you’ve visited, making every trip a bit more memorable.

3. Breaking Up the Monotony

Traveling for business ensures that you’ll never get stuck in the rut of daily routine. Instead of the normal Get up–Go to work–Come home, you get to go to new places and meet new people. It gives you the chance to get out of the office and stretch your legs a bit. And when you return to your office, it feels a little bit more like coming home.

4. Preparing for Other Travel

Business travel can do a lot to help you plan and execute future travel plans. You’ll know all the ins and outs of successful travel as well as being a whiz at packing. You’re used to getting everything you need into one little carry-on; imagine what you could do with an entire suitcase!

5. Finding New Destinations

And last, but definitely not least, business travel can provide you with ideas for future destinations. Maybe you loved San Francisco and want to spend a week there. Or perhaps someone you met in Berlin who spoke so well of Amsterdam you want to see it for yourself. Traveling for business can open doors to places you would have never experienced before.

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7 Revenue-Boosting Strategies for Your Travel Business

Briana Morgaine

8 min. read

Updated February 26, 2024

Not only is the travel industry one of the largest in the world, but it encompasses a wide variety of business types and customer needs.

This makes the travel industry easy to break into, as there are plenty of niches to fill, but difficult to stand out in, as large players (think major airlines, hotel chains, and services like Uber and Lyft) dominate the market.

To help your travel business stand out and bring in more revenue, here are seven research-driven, data-backed strategies you can implement today—or plan for once you’ve got your business up and running.

1. Ask for referrals

Customer referral programs can be an effective way to increase revenue for your travel agency, if implemented correctly.

In an effort to suss out the actual statistical effectiveness of referral programs, Referral Saasquatch did a roundup of customer referral program statistics, and found that 65 percent of new business comes from referrals, and 92 percent of respondents trusted referrals from people they knew.

Sami Belbase, President of Encore Jets, listed asking for referrals as number one in his list of most effective strategies for improving revenue. When it comes to why he advocates for a referral program, Sami is succinct: “If you don’t ask, you don’t get.”

Now, the process of asking for referrals can be a bit tricky—in fact, Hubspot found that the discomfort employees often feel when asking for referrals was why many referral programs fail. To combat this, they compiled some useful tips and referral templates to help with the process, which can be implemented by your sales team.

2. Establish a strong social media presence

If your travel business isn’t using social media to its advantage, it’s a good idea to pick and commit to a few social profiles at the very least.

While each business will have a slightly different user base with different social media habits, there’s a good likelihood that your customers use social media for travel purposes. A report by Deloitte found that over a third of people use online booking for their vacations, and the same report indicated that most travelers will discuss their trip on social media sites as soon as the day they return.

Sami Belbase recommends a “multi-channel strategy” when it comes to social media, and attests that a well-executed social media strategy has been one of the most effective tactics for boosting revenue for his business, Encore Jets. “Each platform is slightly different and built for a different purpose,” he says. “Harness the benefits of each and compose a multi-channel strategy while keeping an integrated campaign in mind.”

3. Motivate your team members (especially your sales team) with great incentives

When it comes to increasing revenue for your travel business, your sales team is on the front line.

So, how do you encourage your sales team to work as hard as they can to bring in the most clients and book the most trips possible?

“The biggest boost in sales has been through the motivation of our sales employees through personal incentives,” says Emmelie De La Cruz, Digital Marketing Manager for Shofur. “Our top sales rep is going to be awarded an all-expense paid trip to the NBA finals if he meets his sales goals this month.”

The data backs up the success of sales incentive programs: Blackhawk Engagement Solutions found that when structured properly, sales incentive programs can increase employee performance by up to 44 percent. Not only that, they found that annual revenue increase was three times higher among companies that use tangible sales incentives!

“This kind of personalized approach to employee incentives is a much better motivator that commission, and helps to build team morale,” says Emmelie. “When our team is happy and excited about the work that they do, it translates into better interactions with our customers and thus, more sales.”

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4. Encourage your customers to leave reviews

We all know online reviews are of huge importance —how many times have you looked up a restaurant, only to be put off by negative reviews on Yelp?

The importance of good online reviews doesn’t just end with dining, however. “Real customer reviews are the answer to more business,” says Natasha Malinsky, Shopping and Lifestyle Consolidator for ShopNYC Tours. “TripAdvisor is golden, and customers treat it like a travel bible.”

But just how important are online reviews for increasing revenue? Studies suggest that when it comes to buying decisions, 90 percent of consumers are influenced by reviews, and 87 percent of potential customers will not consider a business with a low rating on review sites.

All that being said, how do you get your customers to leave you reviews?

Simple— just ask.

5. Establish a personal connection with your customers

While revenue-boosting strategies tend to focus on bringing in new customers, don’t forget the importance of returning users.

Returning customers should be getting plenty of your attention: The likelihood that you’ll be able to sell again to an existing customer is 60 to 70 percent, while selling to a new customer is only five to 20 percent.

So, knowing this, how can your travel business make sure that you build a solid connection with your existing customers, to keep them coming back? Simon Harding from Theatre Breaks recommends reaching out personally.

“We contact those who have just booked, to make sure the booking process is okay, and we contact those who have just come back to make sure they had a good time,” he explains.

“It is really personal. We try to keep our own customers so that we establish a relationship with them,” says Simon. “Okay, it is a bit of extra work, but life in a travel agency has its ups and downs and we are finding it saves time because, by keeping up the communication, we know what the client wants to do next, earlier. So, no last minute rushes, and more chance of finding a deal.”

For Simon and Theater Breaks, reaching out to customers personally also has had the added benefit of increasing customer reviews and word of mouth, which has benefitted business. “While we are talking, we do now ask for official reviews,” he says. “We now have the opportunity to find out where customers are most likely to leave a review and help them to do so.”

6. Go where your customers are

While social media and other online marketing is certainly effective, there is something to be said for getting down in the trenches and actually going where your customers spend time.

David Feldsott, founder, and CEO of PanTrek, recommends just that. “We went out to find our potential customers, in the real world,” he says.

“Since we are an online travel agency that sells inter-city bus tickets, our target consumers are typically millennials (students, tourists, young professionals, and backpackers),” says David. “So, we went to hostels and hotels and told the staff about our website to make their job fielding questions easier, went to local universities and advertised to the students, posted on travel forums where tourists seek answers to common questions about bus travel, etc.”

PanTrek saw a marked improvement in their business as a result of actually speaking to their potential customers. “People checked out our product, fell in love with it, and our business took off via word-of-mouth,” says David. “We brought in new customers who didn’t know our service even existed and they spread it to other travelers they met along the road.”

This isn’t just one business’s success talking—word-of-mouth marketing is extremely powerful, with an estimated 500,000 conversations generated from every 1,000 customers. Not only that, but 92 percent of customers trust word-of-mouth recommendations over advertising.

7. Establish strategic partnerships

A strategic partnership involves your business coupling up with another business for an arrangement that benefits you both.

In the context of the travel business, this could look like an agency partnering with a hostel at their destination, where travelers get a discounted rate on a room.

Partnerships can be incredibly effective when it comes to boosting revenue. Just look at this case study from Kissmetrics, which details how one business’s partner network was responsible for a 1,983 percent increase in revenue!

Sami Belbase has had huge success with the partnerships he has established for Encore Jets. “The strongest way to partner with another company is leading in with the interest for a client,” he explains.

“[For example], when my client has a need to book at a high end property in, let’s say, St. Tropez, I will call a couple real estate firms, speak directly with someone in upper management, and discuss my client’s interest in their property. Immediately, a level of trust, and mutual interest will be stimulated between my agency and the real estate agency. Almost always they will propose a partnership moving forward as they have clients that need my service.”

Ready to get started?

Maybe you’re still in the planning stages, and not quite ready to implement these strategies yet. If that’s the case, you’re in luck—we’ve done a lot of the legwork for you.

First, check out my other article, How to Start a Travel Agency. It’s filled with advice from entrepreneurs who have started successful travel businesses, and it covers the basics you’ll need to get started.

Second, make sure you check out Bplans free travel and tourism sample business plans, which will give you a framework for how to structure your own business plan, and maybe some inspiration, too.

Bri Morgaine is a seasoned content marketing leader with a decade of experience in copy editing, social media operations, and content strategy— having honed her skills at industry giants like Palo Alto Software and Andreessen Horowitz.

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5 Main Benefits of Business Travel

For some employees, business travel may just seem like a chore, while for others, it may seem like an opportunity to explore. Here, it all comes down to perspective, and when business travel is done the right way, the benefits are massively high.

Even though there are many benefits associated with business travel, in this article, we will show you the five main ones associated with business travel.

Let’s dive right in!

5 main benefits of business travel

Here are our five main benefits for business travel:

1. Builds confidence

A huge benefit business travel will give you is the ability to get out of your comfort zone and build confidence while traveling. We all have an issue of staying in our comfort zone, which also impacts our professional and personal lives, but we need to push past our comfort zone and welcome new experiences.

Going to the office every day is just a boring daily routine, and isn’t something that challenges us since you have to repeat the same tasks daily. And guess what? Doing the same things every single day drops our confidence, which will later impact how we feel in our professional and personal lives.

Travel builds your confidence by making you adapt to new environments and gives you new challenges you have to overcome. That is just how our brain works, when it gets exposed to new things, it’ll feel good about it. Closing a deal, building a new business relationship will provide you with the vast confidence boost you are looking for.

2. You get to enjoy new experiences

Especially if you love to see new places or try new foods when you are traveling, business travel is your chance to enjoy the moment. Or maybe you are even someone who loves to visit historical objects, then this is your chance. The most important experience of traveling is to enjoy the experience itself and not think about what can go wrong.

Even when you are traveling for business purposes, we know time might be tight, but of course, you will have some free time to check what is around. Discovering something new is just another experience for you, and when you get used to it, it means you will get better at being flexible to adapt to new environments.

3. Allows you to have face-to-face meetings

If you think about it, even in our personal life, we can’t enhance our friendships, relationships by communicating remotely, it just doesn’t work. Real life interactions are different, allow you to express yourself better and even find out more about the person you are talking to through facial expressions and even the way they communicate with their body.

In short, face-to-face meetings are essential if you want to establish a more successful business relationship and allow it to be longer-lasting. Otherwise, virtual business relationships are limited and don’t have the same feeling you would have in real life.

4. Ability to meet new people

Relationships are essential for humans and the success of their lifelong experiences. It isn’t easy to establish them whenever you are in the office meeting the same people every day. Traveling gives you the opportunity to meet someone new, maybe they might be a new close friend, a future employer, or even a person that may help you with something else.

Life is full of surprises so you can’t really predict what is going to happen the next day and one thing may lead to another. Meeting new people from another country may even make things easier for your personal life, just as much as your business one.

Even if you go on a personal trip to a country you have traveled to with your company, new contacts will help orient you with things you may face trouble with. Now, you understand how helpful it can actually be.

5. Helps avoid employee burnout

Business traveling helps solve this issue, as you are going to new places, it helps you feel that your life is experiencing changes.

Is business travel meaningful at a workplace?

For every business that is included with traveling, it directly does affect how employees feel about their position at the workplace. When you and your team are traveling to different places around the world, it can even affect your team’s relationship and how they think about their job.

Nobody ever said you only have to work together at the office or during work hours, but being together outside the office is vital too! The sky is the limit, so it is essential you break those limits and seek to find fulfillment from every business travel experience you get to have.

Wrapping it up

Well, that’s about it for this article. Hopefully, now you see how beneficial business traveling can actually be for you and your employees. Remember, continuously doing the same things over and over can get exhausting. In short, you don’t want to be that grumpy person who is tired of work and feels like there isn’t anything better to do, so this is your chance to help employees and even yourself avoid burnout.

This article goes into an in-depth review of the significant benefits that come with business traveling. Read through each of the five benefits we stated carefully and see how they relate to you and your business. Are you the same person, and do you feel the same way?

Otherwise, take this opportunity to enjoy the moment with your colleagues and even for your own personal experiences. After all, you and your colleagues will have a lot of stories to tell once you guys are done with corporate traveling!

Steve Todd, founder of Open Sourced Workplace and is a recognized thought leader in workplace strategy and the future of work. With a passion for work from anywhere, Steve has successfully implemented transformative strategies that enhance productivity and employee satisfaction. Through Open Sourced Workplace, he fosters collaboration among HR, facilities management, technology, and real estate professionals, providing valuable insights and resources. As a speaker and contributor to various publications, Steve remains dedicated to staying at the forefront of workplace innovation, helping organizations thrive in today's dynamic work environment.

The Hidden Benefits of Short-Term Business Travel

Andy Molinsky
Melissa Hahn

Make the most of even the briefest trip.

Much has been written about long-term expatriate assignments , but for many of us, a more common “assignment” is the short-term business trip — that four-day jaunt to Dubai or the there-and-back trip to Buenos Aires. Too often, these whirlwind treks leave us numb. As we move from one hotel chain to another and order the same Starbucks drink in London that we do in Shanghai or Tokyo, it can feel like just another business trip as opposed to a personally meaningful cross-cultural adventure.

Andy Molinsky is a professor of Organizational Behavior and International Management at Brandeis University and the author of Global Dexterity , Reach , and Forging Bonds in a Global Workforce . Connect with him on LinkedIn and download his free e-booklet of 7 myths about working effectively across cultures .
Melissa Hahn teaches intercultural communication at American University’s School of International Service. Her new book, Forging Bonds in a Global Workforce (McGraw Hill), helps global professionals build effective relationships across cultures.

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6 Ways to Maximize Benefits of Business Travel

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It’s a common misperception among inexperienced business travelers: “I can’t collect points or miles earned by business travel because those miles rightfully belong to my employer, who’s paying for my ticket.”

Au contraire.

When an airline awards points or miles for a trip taken, those go to the traveler — the person who occupied the seat — regardless of who bought the ticket. Same for hotel stays.

Experienced business travelers know this already, according to a recent survey by clothier Jos. A. Bank in which 48% of respondents said earning airline miles was one of the big perks of business travel and 53% said the same about earning hotel loyalty points.

» Learn more: Shake up business travel by taking some ‘bleisure’ time

The survey also showed that business travelers spend an average of 14 hours per day working when they travel for their employer. So it makes sense to see how you can maximize the personal benefits of business travel. Here are six tips for making those business trips work harder for you.

1. Sign up for the airline’s frequent flyer program, even if you don’t expect to fly frequently

Joining one of these programs takes five minutes, costs nothing and pays you miles that could have a real cash value you don’t anticipate. For example, you might be able to transfer those miles to a hotel rewards program you like.

2. Use a rewards-earning credit card for everything on your trip

It’s a no-brainer that, if you’re spending money, you might as well get rewarded for it. Make sure the card you use pays you something you want, be it hotel points, airline miles, other loyalty points or cash back.

3. Sign up for a dining program

Many airlines offer a dining program in which you register a credit card — any card, not only the airline card. A lot of frequent flyers don’t bother with these programs because once upon a time they skimmed a list of participating restaurants and didn’t see any they liked.

But if you’re traveling, you could easily find yourself in a miles- or points-earning restaurant without realizing it. If you pay with a credit card you’ve registered with a dining program , you could get a happy surprise in the form of miles that magically appear in your frequent flyer account.

4. Consider loyalty

If your employer lets you make your own travel arrangements, look first at airlines and hotels whose loyalty programs you use . That is, if you’re collecting United MileagePlus miles for a personal trip, consider United for your business travel. Obviously, don’t waste your employer’s money by choosing a more expensive flight, but if fares are the same, there’s no reason not to choose the flight that will earn you the most rewards.

5. Charge meals and drinks to your room

Imagine you’re staying at a Sheraton, you’re a member of Marriott Rewards (remember, Marriott Rewards, Ritz-Carlton Rewards and Starwood Preferred Guest were unified under one program in August 2018) and you’re paying with your Starwood Preferred Guest® Credit Card from American Express . That cheeseburger you order at the hotel bar and charge to your room will go on your hotel bill, where it will earn you 6 points per dollar.

Whichever card you use, though, note whether it pays bonus points for travel, dining, or both, then remember that food charged to your room is usually categorized as travel whereas restaurant charges on your card are categorized as dining.

6. If you make your company’s group travel arrangements, look for programs that reward you personally

For example, Marriott’s Rewarding Events program, which is offered through 26 of its brands, seeks to attract conference planners with bonus points paid to the personal account of the person doing the planning. Whichever hotel group you’re considering, check to see what they’re doing to win your business.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are some of the best travel credit cards of 2024 :

Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card

No annual fee: Bank of America® Travel Rewards credit card

Flat-rate travel rewards: Capital One Venture Rewards Credit Card

Bonus travel rewards and high-end perks: Chase Sapphire Reserve®

Luxury perks: The Platinum Card® from American Express

Business travelers: Ink Business Preferred® Credit Card

Planning a trip? Check out these articles for more inspiration and advice: Travel rewards bucket list: Showering on a plane How I flew for free: Round trip NYC to India using Chase Ultimate Rewards This strategy is how I started earning major travel rewards

on Chase's website

1x-5x 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases.

75,000 Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's over $900 when you redeem through Chase Travel℠.

1.5%-5% Enjoy 5% cash back on travel purchased through Chase Travel, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.

Up to $300 Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!

on Capital One's website

2x-5x Earn unlimited 2X miles on every purchase, every day. Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options.

75,000 Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel.

Travel, Tourism & Hospitality ›

Business Travel

Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access.

Advantages of corporate travel for travel managers worldwide 2021

Benefits of business travel according to travel buyers worldwide as of april 2021.

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February 2022

April 6 to 26, 2021

101 respondents

Online survey

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Premium Statistic Tourism professionals' outlook for global business travel 2022-2023
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Premium Statistic Number of outbound tourist departures South Korea 2023, by airport
Premium Statistic Number of outbound tourist departures South Korea 2003-2023
Premium Statistic Number of outbound tourist departures South Korea 2023, by age group
Premium Statistic Number of outbound tourist departures South Korea 2023, by gender
Premium Statistic YOY change of outbound tourist departures South Korea 2003-2023
Premium Statistic Monthly number of outbound tourist departures South Korea 2023
Premium Statistic Leading travel destinations for tourists from South Korea 2023

About the region

Premium Statistic Opinions on COVID-19 impact on business trips to the U.S. as of March 2021
Premium Statistic Countries with the highest number of inbound tourist arrivals worldwide 2019-2022
Premium Statistic Leading travel companies worldwide 2022, by sales
Basic Statistic G20 nations: business travel spending 2021
Premium Statistic Business tourists' post-pandemic trip plans worldwide 2021
Premium Statistic Share of international organization meetings worldwide 2001-2020, by region
Premium Statistic Opinions on resuming business travel during the COVID-19 pandemic as of April 2021
Premium Statistic COVID-19 impact on global business travel companies as of February 2021
Premium Statistic International tourist arrivals worldwide 1990-2019, by region of origin
Premium Statistic Share of business travel spending 2019-2021, by purpose

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Basic Statistic Share of tourism expenditures in Chile 2020, by travel purpose
Premium Statistic Arrivals of foreign tourists in China in 2015, by reason for traveling
Premium Statistic Hotel loyalty program reward preferences of business travelers in Europe 2017
Basic Statistic Contribution of travel and tourism to GDP in Australia 2017 by type
Premium Statistic Share of business travel trip bookings in the Middle East by executor 2018
Premium Statistic Share of business travel trip searches in the Middle East by mode 2018
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Business Travel Policy: Importance, Benefits & Implementation

Home » B2B » Business Travel Policy: Importance, Benefits & Implementation

Employees have to travel to different locations as part of their job profiles in business organizations. Hence, corporates have to book a large number of flights and hotels frequently. To set ground rules for booking of flights, hotels, etc., an organization has to formulate a sound travel policy. The business travel policy covers several aspects of travel and offers guidelines to employees, corporate managers, finance staff, and travel agencies. It details the expenses employees may claim during business trips for reimbursement.

The standard travel policy of an organization clarifies travel arrangement procedures, approval processes, the scope of business travels, expense reporting, and reimbursement processes. An ideal corporate travel management company ‘s travel policy aims to facilitate safe and comfortable travel for higher productivity and greater control over travel costs.

What is a travel policy?

Business travel policy is a set of guidelines defining the rules the govern the corporate trips. These policies outlines the expectations, procedures, and restrictions. The primary goal of a business travel policy is to limit the expenses of the business, effective recording of the spend, promote employee safety, and increase productivity of the employees on trips.

Importance of business travel policy

Business travel with no proper policy in place can jack up travel costs and unnecessary delays in the traveling process. The lack of clear booking guidelines and inventory of preferred vendors makes employees or travel agencies book the trips without considering the costs.

A travel policy is a comprehensive set of guidelines for managing the entire travel management process. It provides the stakeholders with a one-stop resource to learn and adopt the best business travel practices. An exhaustive business travel policy ensures smooth execution of business trips while adhering to company’s guidelines.

It helps companies comply with Duty of Care obligations by securing business trips ahead of time. A travel policy is also a crucial tool to protect a company’s business interests. Creating a detailed business travel policy streamlines various aspects of business travel, including planning, approvals, and expense reimbursements.

What should be included in business travel policy?

Define a process for obtaining travel approval
Outline guidelines for booking transportation and accommodations
Specify eligible expenses, documentation requirements, and reimbursement procedures
Set limits on travel-related expenses, including daily allowances
Provide guidance on the organization’s stance on travel insurance, including coverage details

Objectives of the travel policy

The policy should be able to control cost
It should facilitate corporate travel while abiding by the law
The policy should be able to manage risks
It should keep well being of employees as priority
It should enhance the overall productivity and efficiency

Benefits of business travel policy

A corporate travel policy is a vital management tool to boost organizational growth by ensuring cost-efficient and productive business trips. There are several benefits of creating and implementing a business travel policy in the organization if employees need to plan business trips as a standard aspect of their job profile.

1. Cost savings

Business travel costs contribute significantly to the organization’s operational costs. Effective implementation of a custom business travel policy with pre-defined expense limits and choice of vendors ensures cost savings without impacting employee experience. Creating a dynamic inventory of preferred travel and accommodation vendors assures better cost saving opportunities for organizations. The long-term effect on cost savings because of such an arrangement can be remarkable.

2. Streamlines the business travel

An efficient travel policy implementation streamlines each stage of business travel right from approval and beyond. It eliminates confusion by providing clear instructions on dos and don’ts in different situations. No business travel is devoid of uncertainties like flight cancellations, reservations, and other emergencies. A business travel policy offers an emergency protocol to mitigate stress and confusion. Streamlining the corporate travel process saves valuable time for all stakeholders.

3. Effective control and visibility into travel expenses

Extensive implementation of a uniform corporate travel policy helps travel managers and TMCs gain control and visibility. Travel management solutions offer real-time visibility into every travel expense and process of business travel. Continuous monitoring of business trips helps corporate travel managers and TMCs take corrective action in time.

4. Enhanced safety measures

Employee safety during business travel is critical, as employers must fulfill the duty of care responsibilities. Corporate travel managers can incorporate multiple elements of duty of care into the travel policy. They can ensure real-time tracking of their movements and whereabouts by adopting sophisticated travel management companies equipped with advanced travel tracking platforms.

5. Ensures employee-satisfaction

Implementation of business travel policies need not be at the cost of employees’ experience. A complicated travel policy will most likely fail on the implementation front. Corporate travel managers can design employee-friendly travel policies that are easy to understand and implement. Using travel management software with the facility of a mobile app eases travel policy implementation among employees while traveling. Employees need not prepare complex expense statements, as the software app allows a one-step submission of travel expense statements with the click of a button for faster reimbursement.

Steps to create an effective business travel policy

1. Outline the aim of the travel policy

The travel policy should have a clear aim catering to business travel. It can also include how employees must behave while on business trips to establish a company’s image.

2. Determining the scope

Identify the employees and agendas that can come under the purview of the travel policy. Line managers, TMCs, sales, and service staff are examples of some employees under the gamut of travel policy.

3. Establish travel request procedures

Authorizing a staff member or TMC to control and process travel requests will reduce the time while getting approvals and streamline the activity. Create the procedures and timelines for approvals.

4. Fixing the daily allowance system

Decide whether employees will receive a daily allowance to cover routine expenses like meals, refreshments, local transport, and laundry. It will simplify expense reporting and reduce the need to provide multiple bills for minor expenditures.

5. Determine the range of traveling expenses

Defining the limits of travel and accommodation expenditures will reduce confusion while ensuring employee satisfaction. Further, it helps organizations maintain high ROI.

6. Simplify expense reporting

Put an expense reporting system in place by defining the process of expense reporting, submission, and receipt management. Establish an approval system and define timelines for submission and reimbursement of expenses.

Things to Remember while implementing the business travel policy

Effective implementation by employees is the key to the success of a business travel policy . Selling your travel policy across stakeholders by using proper communication methods is essential. A simple and intuitive travel policy is crucial for its acceptance by employees.

Limitations of the travel policy

It limits the flexibility as per individual circumstances
Become redundant with the evolving travel environment
Can hamper the overall satisfaction of the employee
It may not include measures for unforeseen situations

Setting up rules, authorities, and expenditure limits will reduce deviations. Do not adopt a legal tone while wording the travel policy. It should sound simple and friendly for better acceptability. Developing a concise pocketbook with FAQs is also helpful for effective execution. Further, employed TMC should be well-versed with the travel policy for better assistance. Travel managers can integrate corporate travel policy in the booking platforms such as Paxes, and streamline the overall booking adhering to the individual policy for the organization.

Suggested Read: Top Benefits Of Corporate Travel Management Companies

Business Travel Policy FAQs

What is the purpose of a business travel policy.

A business travel policy is a set of rules and regulations designed specifically for employees traveling outside the country on business. Business travel policy helps cover all aspects that are related to business travel leading to a smooth flow of processes for employees.

What are the advantages of a business travel policy?

The advantages of business travel policies are that it helps keep track of all activity and expenses related to business travel, along with making the process of approval and cost-saving a seamless experience for the employee and the organization.

How can travel management platforms help in upholding travel policy

Business travel policies can be well integrated with travel management platforms and software programs which helps companies to keep track of all the transactions and approvals pertaining to the business travel policy.

How can one ensure that employees follow business travel policy?

The structure of any organization includes top management, managers, and employees. With the help of TMCs, managers and colleagues can enforce and encourage employees to abide by the business travel policy and not misuse the option to travel for business.

Why is Duty of Care essential for sound business travel policy?

Duty of care is a policy enforced by TMCs that provides easy support services to the employee 24x7. It is an essential policy that every organization should imbibe through TMCs for the safety and security of the employee.

How do I submit travel expenses?

To submimt travel expenses, you have to review the expense policy, collect receipts, complete an expense report, attach receipts, and submit the expense report.

Can I choose my own accommodation?

Depending upon the travel policy of your organization, you may or may not be able to choose the type of accommodation.

How can I book a business trip?

Plan out the itinerary, refer to the company policy, book transportation and accommodation, gather the reciepts, and notify relevant properties.

What expenses are reimbursable?

Business related travel expenses, accommodations, meals, communication, supplies are some of the reimbursable expenses.

Are there any restrictions on luggage?

Yes, there are weight and size related restrictions along with the luggage type for any travel by flights.

Who can go for corporate travel?

Registered employees of any organization can go for business travel on behalf of the company.

Can I extend my business trip for personal reasons?

To extend your business trip, you will have to review company policy and inform the relevant parties.

Pratyush is a traveling enthusiast who always looks for innovations in business travel management. He has 5 years of experience writing content on corporate travel management and working closely with expert business travel facilitators.

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Advantages of Private Jet Ownership for Business Executives or Corporate Travel

May 29, 2024

In the fast-paced world of business, time is of the essence and efficiency is paramount. For business executives, the ability to travel swiftly and seamlessly can make all the difference in maintaining a competitive edge and seizing opportunities. This is where private jet ownersh ip emerges as a game-changer, offering a host of benefits that cater specifically to the needs of busy corporate leaders.

As business is now conducted anywhere, some executives may prefer to complement an extensive travel schedule with a private jet solution. No longer is it solely CEOs and presidents who can benefit from the private jet model of company travel.

In this article, learn about the distinct advantages of private jet travel for business executives and which program allows for the best investment while keeping your flight options flexible and convenient.

Unparalleled Flexibility and Time Savings

One of the most compelling advantages of private jet ownership for business executives is the unparalleled flexibility it provides. With a privately owned jet at their disposal, executives have the freedom to create customized travel itineraries that align with their demanding schedules. Gone are the days of adhering to rigid commercial flight timetables or dealing with the uncertainties of layovers and delays. Private jet owners can depart and arrive at their convenience, maximizing productivity, minimizing travel-related stress, hotel nights and ground travel from commercial airports that are often located far from their true destination.

At Flexjet, our efficiency translates into more time for crucial business endeavors, whether it’s sealing a high-stakes deal, attending multiple meetings in different cities, or simply returning home to be with family without delay. When you fly on Flexjet’s shared ownership fleet, you also benefit from the exceptional flexibility and service culture of one of the world’s leading private aviation groups. Having the freedom to fly spontaneously, conduct last-minute or location-sensitive business, or even split time between a few favorite destinations is a true travel advantage.

Enhanced Productivity and Privacy

For business executives, a private jet serves as a mobile office that fosters unparalleled productivity and discretion. With the ability to conduct confidential discussions, hold impromptu meetings and engage in focused work en route, private jet ownership enables executives and their teams to make the most of their travel time. This level of uninterrupted productivity can be ideal, allowing executives to stay ahead of the curve and make strategic decisions while in transit.

Furthermore, the privacy afforded by private jet travel is invaluable for business leaders who handle sensitive information and high-profile negotiations. Away from the public eye and the potential distractions of commercial flights, executives can strategize, brainstorm and collaborate with colleagues or clients in a secure and secluded environment.

A fractional fleet like Flexjet’s provides even more privacy than a corporate-owned aircraft as the tail number always ties back to Flexjet and not the company or individual that may own the aircraft. This is particularly valuable in times leading up to mergers and acquisitions and in avoiding social-media flight trackers.

This level of confidentiality and exclusivity can significantly enhance the business outcomes of each trip, setting private jet owners apart in their ability to maintain a competitive edge.

Seamless Access to In-Demand Locations

In the realm of mergers and acquisitions, opportunities often arise in locales that are not efficiently serviced by commercial airlines. Private jet ownership equips business executives with the ability to swiftly reach remote or underserved destinations, opening up a world of possibilities for expanding business operations, pursuing investment prospects and cultivating valuable relationships.

Whether it’s a burgeoning market in a small town or a burgeoning industry in an isolated region, private jet owners have the advantage of seamless access to places that may be off the beaten path for commercial carriers.

Additionally, Flexjet’s fleet of private helicopters can provide easy, comfortable access to ultra-remote or hard-to-reach regional locations. Arrive in total comfort, while creating more time for yourself. Redefine how you see your next tedious or traffic-heavy commute as an opportunity for greater efficiency.

Currently, Flexjet offers several global flight facilities including our renowned Exclusive Private Terminal s are available in high-demand locations including New Jersey’s Teterboro Airport (ICAO: KTEB); Westchester County Airport in White Plains, New York (ICAO: KHPN); Dallas Love Field in Dallas, Texas (ICAO: KDAL); Van Nuys Airport in Los Angeles, California (ICAO: KVNY) and Naples Airport in Florida (KAPF).

Private Jet Costs and Asset Management

While the upfront costs of private jet ownership are substantial, the financial considerations must be viewed in the context of the long-term advantages and potential savings. Business executives who frequently travel for corporate affairs can benefit from the cost-efficiency of owning a jet, particularly when compared to the cumulative expenses associated with commercial travel, such as last-minute ticket purchases, premium seating and overnight stays due to flight schedules.

Additionally, private jet ownership can be viewed as an asset management strategy, offering potential tax benefits and the ability to capitalize on the jet’s residual value. With proper planning and financial oversight, the acquisition and operation of a private jet can be a sound investment that aligns with the overall financial objectives of business executives.

By leasing a private jet, business fliers avoid the substantial premium and capital risk associated with outright ownership while still enjoying flexibility in terms of aircraft access and flight availability during high-traffic portions of the calendar. Additionally, when you lease from Flexjet, you will benefit from industry-leading inflight experiences, access to the latest fleet of aircraft and a dedicated team of experts to assist you with all of your private aviation needs.

Aircraft leasing requires an initial capital outlay that falls between that associated with fractional jet ownership and a jet card. Without having to take on the upfront costs of owning an asset, including depreciation risks, leasing with Flexjet is a smart choice for those who desire the benefits of fractional ownership but wish to avoid a large upfront investment.

By embracing the freedom and efficiency that private jet travel affords – executives can elevate their professional endeavors and propel their organizations to new heights in the global marketplace.

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What are the advantages and disadvantages of business travel?

Introduction.

We already know that companies or organisations mainly provide business travel. Business travel primarily aims to meet new people and crack deals to enhance the business’s growth. This is also beneficial for developing a relationship with the stakeholders. Business travel also helps to understand the business culture of different places.

This blog will discuss the advantages and disadvantages of business travel . So, this blog will be appropriate if you work in an organisation and want to travel for business purposes.

There are a few advantages of business travel which are discussed below.

Advantages of business travel

Getting to know new people .

Meeting new people is a significant advantage of business travel because it helps to understand the business-related perspective of the people. Because of this, people can also develop creativity in business organisations. Apart from this, it allows an understanding of the place’s culture. The face-to-face interaction will also improve to enhance the business network.

Build a confidence

In order to build confidence, you need to come out of your comfort zone. This is beneficial for developing communication skills. Because of this, you can easily interact with people. When your confidence level increases, we can solve your problems. Moreover, it will also be beneficial for enhancing problem-solving problem-solving skills.

To get the Experience of new places

This is another advantage of business travel. It helps to adapt to new things from the place, such as the culture of the business. The various types of places follow various types of business cultures , which can help the organization reach the desired goals. This is also good for breaking the monotony of the work because meeting with new people and exploring new places will be helpful to keep your mind fresh.

Find the new places

Finding a new place and exploring the places is the central part of business travel. It helps the employees to develop the knowledge to do business operations. This also gives an impact on the productivity and growth of the organization.

The disadvantage of business travel

Travel expenses .

Business travels are expensive because companies spend a lot of money on it. Not only the plane ticket, but companies also provided hotel costs, transportation costs, and food services to their employees. So it is evident that business travel is dependent on the tremendous amount of money of the organization. Sometimes it creates difficulty for the small startup business organization.

Lack of productivity

Traveling sometimes needs help managing the time for meetings. Because of this, it has an impact on the growth of the organisation. Undeniably, those who must travel for work occasionally experience a loss in productivity due to issues with the WiFi or running out of battery.

It harms health and fitness

This is the principal disadvantage of business travel, and frequent traveling can be responsible for creating significant health problems for employees. Because Of this, employees can’t concentrate on their work, which affects the organization’s productivity. Additionally, consuming unhealthy food constantly can create health problems for employees.

Traveling Can Be Anxious

Traveling can be stressful for you or your staff members due to missed connections, traffic, and other travel-related concerns. When you or they are under stress, it can make the journey seem ineffective. The trip’s success will be impacted by this demotivating feeling, which could also harm the organization’s growth.

Conclusion

This blog concludes with the advantages and disadvantages of business travel. The primary purpose of business travel is to develop new ideas about business operations. On the other hand, the disadvantage of business travel is that it enhances the organization’s expense. So it may affect the growth of the organization.

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Business Advantage Travel Rewards World Mastercard® credit card

30,000 online bonus points offer

Get the card that goes the extra mile for your business

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Online offer: 30,000 bonus points

Earn 30,000 online bonus points after you made at least $3,000 in purchases in the first 90 days of your account opening, which can be redeemed for a $300 statement credit towards travel or dining purchases.

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Earn unlimited 1.5 points for every $1 you spend on all purchases, everywhere, every time – no matter how much you spend.

No limit to the number of points you can earn and points don't expire as long as your account remains open. Calculate rewards.

Earn even more travel rewards

You can earn up to 75% more points on every purchase, if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business Platinum Honors tier. That means you could earn up to an unlimited 2.62 points per $1 spent on all purchases. Not enrolled? Learn more about Preferred Rewards for Business tiers and rewards.

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0% on purchases for the first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.

Redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America Travel Center, cash back or gift cards.

This online only offer may not be available if you leave this page, if you visit a Bank of America financial center or call the bank. You can take advantage of this offer when you apply now.

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Travel services your business needs including $1 million in travel accident insurance, lost luggage reimbursement, trip cancellation coverage, and trip delay reimbursement.

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An optional service to help prevent declined purchases, returned checks or other overdrafts when you link your credit card to a Bank of America business checking account for overdraft protection through Balance Connect ® .

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How to use credit cards to save on business travel

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Key takeaways

Using the right credit cards can help businesses and individual business travelers save money on travel expenses.
In addition to earning points and miles that can be redeemed for travel, many credit cards offer travel perks like free checked bags, business lounge access and free hotel stays.
Choosing the best card for your needs helps you earn rewards you can use to defray the cost of your next business trip or personal vacation.

Business travel can be very expensive, but there are ways to save — and one of the most effective tools for saving money is a credit card. The best business cards for travel can save business travelers both time and money while offering valuable travel rewards and cash back. Premium travel rewards cards can also go a long way toward improving the travel experience by offering travelers upgraded airline seats and free hotel rooms, as well as access to airport business lounges .

Here are a few things you can do to save money on business travel — while adding comfort and convenience — using a credit card.

Use your card to save on hotels

When paying for a hotel stay, one of the most effective ways to save money is to use a credit card that’s offered by the hotel chain. Hotel rewards cards allow you to save money in several ways. First, they feature bonus points or cash back for hotel charges, which can later be redeemed for free night stays. Additionally, a hotel rewards card can offer you credit toward elite status in the hotel loyalty program. And when you hold that status, you’ll enjoy perks like priority customer service, room upgrades and even waived fees.

For example, the World of Hyatt Business Credit Card * from Chase offers the cardholder (and up to five employees) Discoverist status, as well as five qualifying night stays for every $10,000 you spend in a calendar year. After spending $50,000 in a calendar year, cardholders also receive 10 percent of their redeemed points back as bonus points (on up to 200,000 points redeemed) for the remainder of the calendar year. And since you get employee cards at no cost, their spending counts toward the $50,000 requirement.

Discoverists receive extra points and perks like free bottled water and 2 p.m. late checkouts. And when travelers receive top-tier World of Hyatt Globalist status, perks include free breakfast, suite upgrades and free parking on award nights. Cardholders also get access to Hyatt Leverage, Hyatt’s global business travel program that offers special rates on participating Hyatt hotels worldwide.

Save on flights with a companion pass

When you’re traveling with a colleague, nothing saves money like receiving two tickets for the price of one. Thankfully, several airline credit cards offer companion passes . For instance, the Alaska Airlines Visa® credit card from Bank of America offers a companion fare from $122 ($99 fare plus taxes and fees from $23) each account anniversary after you spend $6,000 or more on purchases within the prior anniversary year.

Better yet, the British Airways Visa Signature® Card * from Chase features a Travel Together Ticket that you can earn after spending $30,000 in purchases in a calendar year. This gives you two airline award tickets for just the price of taxes and fees. Just note that British Airways has a habit of imposing notoriously high carrier surcharges, especially on its awards in business in first class.

But perhaps the best companion pass is the one offered by Southwest Airlines, which is normally achieved by earning 135,000 qualifying points in a calendar year. However, holders of a Southwest® Rapid Rewards® Performance Business Credit Card can earn a welcome bonus of 80,000 points for spending $5,000 in purchases during the first three months — getting you more than halfway to the Companion Pass during your first year. And cardholders receive a boost of 10,000 qualifying points every year and can earn qualifying points from credit card spending and flight purchases. Once earned, the Southwest Airlines Companion Pass offers unlimited tickets for your designated companion for just the price of taxes, normally $5.60 each way within the United States.

Get free expedited security

Many business travelers are forced to waste incredible amounts of time going through airport security. But with the right credit card, you and your employees can be reimbursed for expedited security program memberships.

Many credit cards now include reimbursements for TSA PreCheck and Global Entry , which includes TSA PreCheck. TSA PreCheck allows you to go through an expedited security screening where you can leave your shoes on and your 3-1-1 liquids and laptops in your carry-on suitcase. Global Entry offers expedited immigration screening when you arrive in the United States.

Some business credit cards feature a credit of up to $100 for TSA PreCheck or Global Entry — including the Capital One Venture X Business , the Delta SkyMiles® Platinum Business American Express Card and the IHG One Rewards Premier Business Credit Card. In fact, the TSA maintains a list of all cards that offer this free credit . The credit is typically available just once every four years.

Several credit cards also offer free or discounted Clear Plus membership . Clear is a private company that authenticates your identity using biometrics before escorting you to the front of the TSA lines, either PreCheck or standard. For example, The Business Platinum Card® from American Express or a personal card like the American Express® Green Card * offer up to $189 in credits for Clear Plus membership.

If you’re wondering which program would work best for you, here’s our comparison of TSA PreCheck vs. Clear .

Get free business lounge membership

Another way that travelers waste time and money is when they have a layover or an airport delay. Airport food is generally expensive and of inconsistent quality, while sitting around a crowded departure gate can be a waste of productive time. But if you have an airport business lounge membership, then you can enjoy a free meal while having a less hectic place to get work done.

Several cards offer airport lounge access . The American Express Business Platinum offers access to a variety of lounges — including the Centurion Lounges, Delta SkyClubs and the Priority Pass Select lounge network. The Capital One Venture X Business card also offers a Priority Pass Select lounge membership, as well as access to its new and expanding list of Capital One lounges .

Alternatively, you could consider an airline co-branded card. For example, the Delta SkyMiles® Reserve Business American Express Card offers access to the Centurion Lounges and the Delta Sky Clubs while the Citi® / AAdvantage® Executive World Elite Mastercard® offers access to American Airlines Admirals club lounges.

Earn elite status with an airline

Having elite status with an airline frequent flier program can be extremely valuable. Traditionally, the only way to earn that was by actually purchasing airfare and then flying. However, airlines are increasingly offering elite status — in whole or in part — through credit card spending.

For example, the American Airlines AAdvantage rewards program allows you to earn any level of elite status simply through spending on its co-branded credit cards. The JetBlue TrueBlue program offers the chance to earn all four levels of its Mosaic elite status using a combination of credit card spending and flying. The United Quest℠ Card * from Chase allows you to earn 25 Premier Qualifying points (PQPs) for every $500 you spend on purchases with your Quest Card (up to 6,000 PQP in a calendar year) that can be applied toward your Premier status qualification on United MileagePlus , up to the Premier 1K level.

Take advantage of statement credits and more

Although it can be difficult to determine the exact value that some credit card benefits provide, other benefits are much more straightforward. In fact, many business credit cards offer annual statement credits, free checked bags and more.

For example, the Delta SkyMiles Reserve Business card allows cardholders to check their first bag for free when flying with Delta. The United℠ Business Card includes a free checked bag for you and a companion plus an annual $100 statement credit when you make at least seven United airlines purchases of at least $100 per year. Amex Business Platinum cardmembers get up to $200 a year in statement credits toward qualifying airline fees with your selected airline, while The Hilton Honors American Express Business Card you can enjoy up to $240 back each year for eligible purchases made directly with Hilton. You can even earn a second reward night after making $45,000 in purchases during a calendar year.

How to turn business rewards into personal travel

A beauty of earning travel rewards is that they are retained by the credit card’s primary account holder. So if you are a small business owner, you receive ownership of all of the points and miles that you earn from your credit cards — including any rewards earned by authorized users of your cards. Likewise, you also earn rewards for anything you charge to your personal credit cards for company travel your employer reimburses .

Bankrate’s take: This means that you get to keep all the rewards earned by your credit cards, and there’s nothing that says you must use those rewards for business. Therefore, it’s advantageous for small business owners to use cash for tax-deductible business expenses while redeeming their travel rewards for personal travel.

The bottom line

The key to saving both time and money on your business travel is understanding and maximizing the potential of your credit cards, including their travel benefits . By using the right credit card for your needs, you can enjoy more productive business trips while earning points and miles toward your next vacation.

Check out our list of the best small-business credit cards or use Bankrate’s free CardMatch tool to find the right card for your business.

*Issuer-required disclosure statement

Information about the World of Hyatt Business Credit Card, British Airways Visa Signature® Credit Card, American Express® Green Card and United Quest℠ Card has been collected independently by Bankrate and has not been reviewed or approved by the issuer. Information regarding the Alaska Airlines Visa® credit card was last updated on February 1, 2024 .

Article sources

We use primary sources to support our work. Bankrate’s authors, reporters and editors are subject-matter experts who thoroughly fact-check editorial content to ensure the information you’re reading is accurate, timely and relevant.

Credit Cards Featuring TSA PreCheck , Transportation Security Administration. Accessed on February 7, 2024.

What is the 3-1-1 liquids rule? , Transportation Security Administration. Accessed on February 13, 2024.

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14 best travel credit cards of June 2024

The best travel credit cards offer an array of premium perks and benefits . For both occasional travelers and frequent flyers, adding a travel credit card to your wallet is a great way to earn rewards and save money on every trip you take. At The Points Guy, our team has done the legwork and curated a selection of the best travel credit cards for any globe-trotter, whether you prefer to backpack through mountains or settle into a luxury villa for some relaxation. From generous travel credits to premium lounge access, we’ve chosen the cards packed with the best benefits to elevate your next travel experience.

Check out our list below and discover which travel credit card from our partners makes the best addition to your wallet for all of your adventures.

Chase Sapphire Preferred® Card : Best for beginner travelers
Capital One Venture Rewards Credit Card : Best for earning miles
Capital One Venture X Rewards Credit Card : Best for premium travel
Ink Business Preferred® Credit Card : Best for maximizing business purchases
The Platinum Card® from American Express : Best for lounge access
American Express® Gold Card : Best for dining at restaurants
Capital One VentureOne Rewards Credit Card : Best for no annual fee
The Business Platinum Card® from American Express : Best for business travel
Wells Fargo Autograph Journey℠ Card : Best for unlimited point earning
Chase Sapphire Reserve® : Best for travel credits
Wells Fargo Autograph℠ Card : Best for variety of bonus categories
American Express® Business Gold Card : Best for flexible rewards earning
Bank of America® Travel Rewards credit card : Best for travel rewards beginners
Alaska Airlines Visa Signature® credit card : Best for Alaska Airlines miles

Browse by card categories

Comparing the best credit cards, more details on the best credit cards, credit pointers with brian kelly, what is a travel credit card, helpful tools, how we rate cards, how to maximize travel credit cards, how to choose the best travel credit card, ask our experts, pros + cons of travel credit cards, frequently asked questions.

Airport Lounge Access

Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit card on the market. Offering an excellent return on travel and dining purchases, the card packs a ton of value that easily offsets its $95 annual fee. Cardholders can redeem points at 1.25 cents each for travel booked through Chase or transfer points to one of Chase’s 14 valuable airline and hotel partners. Read our full review of the Chase Sapphire Preferred Card .

You’ll earn 5 points per dollar on travel purchased through Chase Travel, 3 points per dollar on dining, select streaming services and online grocery store purchases, 2 points per dollar on all other travel and 1 point per dollar on everything else.
Annual $50 Chase Travel Hotel Credit
Premium travel protection benefits including trip cancellation insurance, primary car rental insurance and lost luggage insurance.
The card comes with a $95 annual fee.
Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's over $900 when you redeem through Chase Travel℠.
Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 75,000 points are worth $937.50 toward travel.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
Member FDIC

Capital One Venture Rewards Credit Card

When it comes to simplicity and strong rewards, the Capital One Venture Rewards Credit Card is a solid choice for most travelers. You’ll earn earns 2 miles per dollar on every purchase with no bonus categories to memorize, making it an ideal card for those with busy lives. Read our full review of the Capital One Venture Rewards Credit Card .

This flexible rewards card delivers a solid sign-up bonus of 75,000 miles, worth $1,388 based on TPG valuations and not provided by the issuer.
You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories.
Rewards earned are versatile as they can be redeemed for any hotel or airline purchase for a statement credit or transferred to 15+ travel partners.
Highest bonus-earning categories only on travel booked via Capital One Travel
Capital One airline partners do not include any large U.S. airlines.
Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
Earn unlimited 2X miles on every purchase, every day
Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
Miles won't expire for the life of the account and there's no limit to how many you can earn
Receive up to a $100 credit for Global Entry or TSA PreCheck®
Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
Enrich every hotel stay from the Lifestyle Collection with a suite of cardholder benefits, like a $50 experience credit, room upgrades, and more
Transfer your miles to your choice of 15+ travel loyalty programs

Capital One Venture X Rewards Credit Card

If you can maximize the $300 credit toward Capital One Travel, the Venture X’s annual fee effectively comes down to $95, the same annual fee pegged to the Capital One Venture Rewards Credit Card (see rates and fees ). Add in a 10,000-mile bonus every account anniversary (worth $185, according to TPG valuations ) and lounge access, and the card may become the strongest option out there for a lot of travelers. Read our full review of the Capital One Venture X Rewards Credit Card .

75,000 bonus miles when you spend $4,000 on purchases in the first three months from account opening.
10,000 bonus miles every account anniversary
$395 annual fee
$300 credit annually, only applicable for bookings made through Capital One Travel portal
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
Receive a $300 annual credit for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
Earn unlimited 2X miles on all other purchases
Unlimited complimentary access for you and two guests to 1,300+ lounges, including Capital One Lounges and the Partner Lounge Network
Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
Elevate every hotel stay from the Premier or Lifestyle Collections with a suite of cardholder benefits, like an experience credit, room upgrades, and more

Ink Business Preferred® Credit Card

The Ink Business Preferred Credit Card’s sign-up bonus is among the highest we’ve seen from Chase. Plus earn points across the four bonus categories (travel, shipping, advertising and telecommunication providers) that are most popular with businesses. The card comes with travel protections, shopping protections and will also have primary coverage when renting a car for business purposes for you and your employees. Read our full review of the Ink Business Preferred Credit Card .

One of the highest sign-up bonuses we’ve seen — 100,000 bonus points after $8,000 worth of spend in the first three months after card opening.
Access to the Chase Ultimate Rewards portal for points redemption.
Reasonable $95 annual fee.
Bonus categories that are most relevant to business owners; primary car insurance.
Perks including cellphone and purchase protection; extended warranty; trip cancellation/interruption insurance; trip delay reimbursement.
Yearly cap on bonus categories.
No travel perks.
Subject to Chase's 5/24 rule on card applications.
Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel℠
Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
Round-the-clock monitoring for unusual credit card purchases
With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
Points are worth 25% more when you redeem for travel through Chase Travel℠
Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.

The Platinum Card® from American Express

The Amex Platinum is unmatched when it comes to travel perks and benefits. If lounge access, hotel elite status and annual statement credits are important to you, this card is well worth the high annual fee. Read our full review of the Platinum Card from American Express .

The current welcome offer on this card is quite lucrative. TPG values it at $1,600.
This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, and more than $1,400 in assorted annual statement credits and so much more. (enrollment required)
The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway.
The $695 annual fee is only worth it if you’re taking full advantage of the card’s benefits. Seldom travelers may not get enough value to warrant the cost.
Outside of the current welcome bonus, you’re only earning bonus rewards on specific airfare and hotel purchases, so it’s not a great card for other spending categories.
The annual airline fee credit and other monthly statement credits can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards.
Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
$200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
$240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market. As of 03/2023.
$155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
$200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
$200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only. Terms Apply.
$189 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $189 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
Receive either a $100 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 year period for TSA PreCheck® application fee for a 5-year plan only (through a TSA PreCheck® official enrollment provider), when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
$695 annual fee.
Terms Apply.
See Rates & Fees

American Express® Gold Card

This isn’t just a card that’s nice to look at. It packs a real punch, offering 4 points per dollar on dining at restaurants and U.S. supermarkets (on the first $25,000 in purchases per calendar year; then 1 point per dollar). There’s also an up to $120 annual dining credit at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com , Milk Bar, and select Shake Shack locations, plus it added an up to $120 annually ($10 per month) in Uber Cash, which can be used on Uber Eats orders or Uber rides in the U.S. All this make it a very strong contender for all food purchases, which has become a popular spending category. Enrollment is required for select benefits. Read our full review of the Amex Gold .

4 points per dollar on dining at restaurants and U.S. supermarkets (on the first $25,000 in purchases per calendar year; then 1 point per dollar)
3 points per dollar on flights booked directly with the airline or with Amex Travel.
Welcome bonus of 60,000 points after spending $6,000 in the first six months of account opening.
Weak on travel and everyday spending bonus categories.
Not as effective for those living outside the U.S.
Some may have trouble using Uber/food credits.
Few travel perks and protections.
Earn 60,000 Membership Rewards® points after you spend $6,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
$120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
$120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required.
Get a $100 experience credit with a minimum two-night stay when you book The Hotel Collection through American Express Travel. Experience credit varies by property.
Choose the color that suits your style. Gold or Rose Gold.
No Foreign Transaction Fees.
Annual Fee is $250.

Capital One VentureOne Rewards Credit Card

If you’re looking to dip your toes into the world of travel rewards, the Capital One VentureOne Rewards Credit Card is a great way to get started. With no annual fee and a simple 1.25 miles per dollar on all your purchases, you won’t have to keep up with multiple bonus categories — just earn rewards on everything you purchase! Coupled with the 20,000-mile sign-up bonus, you can use your rewards to book travel, transfer to Capital One’s loyalty partners and more. Read our full review of the Capital One VentureOne Rewards Credit Card .

No annual fee.
Earn a bonus of 20,000 bonus miles once you spend $500 within the first three months from account opening.
Use your miles to book or pay for travel at a 1-cent value, or transfer your miles to loyalty programs to gain potentially even greater value for your rewards.
Earn 1.25 miles per dollar on all purchases.
No foreign transaction fees.
Other credit cards can offer you higher rewards for your common purchase categories.
Capital One airline transfer partners do not include any large U.S. airlines.
$0 annual fee and no foreign transaction fees
Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
Earn unlimited 1.25X miles on every purchase, every day
Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.99% - 29.99% variable APR after that; balance transfer fee applies

The Business Platinum Card® from American Express

The Business Platinum Card from American Express is a great card for frequent travelers looking to add a touch of luxury to their business trips. While the card does come with a high annual fee, you’re also getting a ton of valuable benefits in return. They include generous annual travel credits, unparalleled lounge access that includes Amex Centurion Lounges and more. Read our full review on The Business Platinum Card from American Express .

Up to $100 statement credit for Global Entry every 4 years or $85 TSA PreCheck credit every 4.5 years (enrollment is required)
Up to $400 annual statement credit for U.S. Dell purchases (enrollment required)
Gold status at Marriott and Hilton hotels; access to the Fine Hotels & Resorts program and Hotel Collection (enrollment required)
Steep $695 annual fee.
High spend needed for welcome offer.
Limited high bonus categories outside of travel.
Welcome Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first year of membership with the Business Platinum Card®. Enrollment required. See how you can unlock over $1,000 annually in credits on select purchases with the Business Platinum Card®, here.
$200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to the Card.
$189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use the Business Platinum Card®.
The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
$695 Annual Fee.

Wells Fargo Autograph Journey℠ Card

The Wells Fargo Autograph Journey credit card offers healthy reward earning rates on top of uncapped point-earning meaning the sky's the limit — especially if you strategize and spend in popular categories.

No foreign transaction fees
Uncapped earning potential
$50 annual statement credit
Solid point earning rates in popular categories
This card features an annual fee
Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
Earn 60,000 bonus points when you spend $4,000 in purchases in the first 3 months – that’s $600 toward your next trip.
Earn unlimited 5X points on hotels, 4X points on airlines, 3X points on other travel and restaurants, and 1X points on other purchases.
$95 annual fee.
Book your travel with the Autograph Journey Card and enjoy Travel Accident Insurance, Lost Baggage Reimbursement, Trip Cancellation and Interruption Protection and Auto Rental Collision Damage Waiver.
Earn a $50 annual statement credit with $50 minimum airline purchase.
Up to $1,000 of cell phone protection against damage or theft. Subject to a $25 deductible.
Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.

Chase Sapphire Reserve®

The Chase Sapphire Reserve is one of our top premium travel cards. With a $300 travel credit, bonus points on dining and travel purchases and other benefits, you can get excellent value that far exceeds the annual fee on the card. Read our full review of the Chase Sapphire Reserve card .

$300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
Access to Chase Ultimate Rewards hotel and airline travel partners.
10 points per dollar on hotels, car rentals and Chase Dining purchases through the Ultimate Rewards portal, 5 points per dollar on flights booked through the Chase Travel portal, 3 points per dollar on all other travel and dining, 1 point per dollar on everything else
50% more value when you redeem your points for travel directly through Chase Travel
Steep initial $550 annual fee.
May not make sense for people that don't travel frequently.
Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,125 toward travel when you redeem through Chase Travel℠.
$300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 75,000 points are worth $1125 toward travel.
1:1 point transfer to leading airline and hotel loyalty programs
Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®

Wells Fargo Autograph℠ Card

The Wells Fargo Autograph card packs a punch for a no-annual-fee product, with an array of bonus categories plus solid perks and straightforward redemption options. Read our full review of the Wells Fargo Autograph here .

This card offers 3 points per dollar on various everyday purchases with no annual fee. It also comes with a 20,000-point welcome bonus and an introductory APR offer on purchases. Plus, you'll enjoy up to $600 in cellphone protection when you pay your monthly bill with the card. Subject to a $25 deductible.
Despite the lucrative earning structure, Wells Fargo doesn't offer any ways to maximize your redemptions — you're limited to fixed-value rewards like gift cards and statement credits.
Select "Apply Now" to take advantage of this specific offer and learn more about product features, terms and conditions.
Earn 20,000 bonus points when you spend $1,000 in purchases in the first 3 months - that's a $200 cash redemption value.
Earn unlimited 3X points on the things that really add up - like restaurants, travel, gas stations, transit, popular streaming services, and phone plans. Plus, earn 1X points on other purchases.
$0 annual fee.
0% intro APR for 12 months from account opening on purchases. 20.24%, 25.24%, or 29.99% variable APR thereafter.
Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
Redeem your rewards points for travel, gift cards, or statement credits. Or shop at millions of online stores and redeem your rewards when you check out with PayPal.

American Express® Business Gold Card

The Amex Business Gold card is a solid choice for high-spending small businesses with the flexibility to earn 4 points per dollar in the two categories where you spend the most. The card is ideal for businesses who value simplicity above all. Read our full review of the American Express Business Gold Card .

You'll earn 4 Membership Rewards points per dollar in the top 2 spending categories each month (on the first $150,000 in combined purchases each calendar year).
Hefty $375 annual fee.
There may be better options for small businesses who don't spend a lot.
Welcome Offer: Earn 70,000 Membership Rewards® points after you spend $10,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*
Earn 4X Membership Rewards® points on the 2 categories where your business spends the most each billing cycle from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.
Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.
Earn up to $20 in statement credits monthly after you use the Business Gold Card for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores. This can be an annual savings of up to $240. Enrollment required.
Get up to a $12.95** statement credit back each month after you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Business Gold Card. **Up to $12.95 plus applicable taxes on one membership fee.
Your Card – Your Choice. Choose from Gold or Rose Gold.
*Terms Apply

Bank of America® Travel Rewards credit card

The Bank of America Travel Rewards credit card is a great starter card thanks to its no annual fee and no foreign transaction fees when you travel internationally. Earning and redeeming is effortless, with no confusing bonus categories to keep track of and the ability to redeem your points for all of your travel needs. Read our full review of the Bank of America Travel Rewards card.

1.5 points per dollar on all purchases
No annual fee
Bank of America does not offer airline or hotel transfer partners like other banks such as American Express, Chase or Capital One.
No travel and purchase protections.
Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.
25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases.
Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions.
Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.
0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 19.24% - 29.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
If you're a Bank of America Preferred Rewards® member, you can earn 25%-75% more points on every purchase. That means instead of earning an unlimited 1.5 points for every $1, you could earn 1.87-2.62 points for every $1 you spend on purchases.
Contactless Cards - The security of a chip card, with the convenience of a tap.
This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

Alaska Airlines Visa Signature® credit card

There’s a lot to love about the Alaska Airlines credit card, in part due to its highly valuable loyalty program: Alaska Airlines MileagePlan. Whether you’re a loyal Alaska flyer or a points maximizer looking to diversify your rewards portfolio, this card has a lot to offer. For starters, you’ll receive Alaska’s Famous Companion Pass each year from $122 ($99 fare plus taxes and fees from $23) each account anniversary after you spend $6,000 or more on purchases within the prior anniversary year, free checked bags for you and up to six guests on your itinerary, 20% back on in-flight purchases and more. Plus, Alaska has joined the oneworld alliance, opening up endless redemption opportunities. Read our full review of the Alaska Airline credit card.

Free checked bag for you and up to six guests on your reservation.
Alaska discounts, including 20% back on in-flight purchases.
Limited Time Online Offer—60,000 Bonus Miles!
Get 60,000 bonus miles plus Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) with this offer. To qualify, make $3,000 or more in purchases within the first 90 days of opening your account.
Get Alaska’s Famous Companion Fare™ ($99 fare plus taxes and fees from $23) each account anniversary after you spend $6,000 or more on purchases within the prior anniversary year. Valid on all Alaska Airlines flights booked on alaskaair.com.
Earn unlimited 3 miles for every $1 spent on eligible Alaska Airlines purchases. Earn unlimited 2 miles for every $1 spent on eligible gas, EV charging station, cable, streaming services and local transit (including ride share) purchases. And earn unlimited 1 mile per $1 spent on all other purchases. And, your miles don’t expire on active accounts.
Earn a 10% rewards bonus on all miles earned from card purchases if you have an eligible Bank of America® account.
Free checked bag and enjoy priority boarding for you and up to 6 guests on the same reservation, when you pay for your flight with your card — Also available for authorized users when they book a reservation too!
With oneworld® Alliance member airlines and Alaska’s Global Partners, Alaska has expanded their global reach to over 1,000 destinations worldwide bringing more airline partners and more ways to earn and redeem miles.
Plus, no foreign transaction fees and a low $95 annual fee.
This online only offer may not be available elsewhere if you leave this page. You can take advantage of this offer when you apply now.

You’ll earn a solid return on dining and travel (6% back and 4% back, respectively, based on TPG valuations ) on top of your generous sign-up bonus, and you also have access to some of the best travel protections offered by any travel rewards credit card.

We’ve long suggested the Chase Sapphire Preferred Card as an excellent option for those who are new to earning travel rewards because it lets you earn valuable, transferable points with strong bonus categories and a reasonable annual fee.

“The Chase Sapphire Preferred has remained a top card in my wallet for years. Between the consistently strong sign-up bonus, low annual fee and continual improvements that have been made over the years, it’s hard for any other mid-tier rewards card to compare. I love that I can earn bonus rewards on travel, dining, streaming and online grocery purchases — all with just one card. Plus, Chase Ultimate Rewards points are valuable and easy to use whether you’re new to points and miles or an expert.” — Madison Blancaflor , senior content operations editor

To add more luxury to your travel experience, consider the Chase Sapphire Reserve® . Though it comes with a higher annual fee, you’ll enjoy Priority Pass lounge access plus a $300 annual travel credit.

With the Capital One Venture, you’re earning 2 miles per dollar on every purchase, which makes it easy to rack up rewards without having to juggle different bonus categories or spending caps. And with flexible redemption options and a manageable annual fee, this card is an excellent choice if you’re looking to keep just one credit card in your wallet for all spending.

Those looking to earn flexible rewards should use the Capital One Venture card as it allows you to redeem miles for a fixed value or transfer the miles you earn to 15+ airline and hotel transfer partners , including Avianca, Etihad Airways, Turkish Airlines and Singapore Airlines.

“The Capital One Venture is a great card that can add value to pretty much anyone’s wallet. I use it to earn 2 miles per dollar on the purchases that fall outside of my other cards’ bonus categories. The annual fee is low, Capital One miles are easy to redeem and the card does come with a few nice perks — including TSA PreCheck/Global Entry application fee reimbursement.” — Madison Blancaflor , senior content operations editor

Even if you’re a casual traveler, consider jumping to the Capital One Venture X Rewards Credit Card (see rates and fees ). The card’s up to $300 annual credit for purchases made with Capital One Travel immediately covers the higher annual fee — and that’s not even considering the added perks you’ll enjoy.

At $395 per year (see rates and fees ), this premium card is cheaper than all of its competitors without sacrificing the breadth of valuable perks it includes. Cardholders will get unlimited visits to Capital One’s premium network of lounges and 1,300-plus Priority Pass lounges worldwide and able to bring up to two guests for no additional charge.

For frequent travelers, the Capital One Venture X is a must-have and is well worth the $395 annual fee. If you travel frequently with your significant other, family or friends, you can even add some authorized users for no additional cost. This will grant them their own lounge access (and the ability to bring up to two guests for no fee), among many other benefits, making this a huge cost-saver for those who travel in groups.

“With an annual fee that is $300 less than The Platinum Card® from American Express (see Amex Platinum rates and fees ), the Capital One Venture X card is my favorite travel credit card. The card comes with an annual $300 Capital One Travel credit, which I use to book flights. That effectively brings the annual fee down to $95 per year (see rates and fees ). Cardholders enjoy a Priority Pass Select membership. Authorized users — you geta number of them at no cost — also enjoy their own Priority Pass Select membership. I use my Venture X card to earn 2 miles per dollar (a 3.7% return at TPG’s valuations ) in spending categories where most cards would only accrue 1 mile — like auto maintenance, pharmacies and medical bills.” — Kyle Olsen , former points and miles reporter

Those turned off by the Venture X’s annual fee could opt for the Capital One Venture Rewards Credit Card , which has a $95 annual fee (see rates and fees ), identical sign-up bonus and similar earning and redemption options.

The Ink Business Preferred earns 3 points per dollar on the first $150,000 in combined travel, shipping, internet, cable, phone services and advertising purchases made on social media sites and search engines each account anniversary year. TPG’s most recent valuations peg the value of Chase Ultimate Rewards points at 2 cents apiece, so you’ll get a fantastic return of 6% on purchases in these categories.

If you spend a lot on business travel or social media advertising, you’ll be able to earn significant points using the Ink Business Preferred card .

“I originally signed up for the Ink Business Preferred primarily for its sign-up bonus. But, over the last year, I’ve found myself making it my go-to card when booking travel. After all, the Ink Business Preferred earns 3 points per dollar spent on travel and provides excellent travel protections, including trip delay protection and rental car insurance.” — Katie Genter , senior writer

If you don’t want to worry about maximizing specific purchases and are looking for a lower spending requirement to earn a sign-up bonus, consider the Ink Business Unlimited® Credit Card , which offers 1.5% cash back on all purchases and carries no annual fee.

The Amex Platinum is a stellar premium travel card that can provide amazing redemptions . Besides the welcome offer, it comes with more than $1,400 in credits each year and various lounge access options. Enrollment is required for select benefits.

Anyone looking for luxury travel benefits will find that the ton of annual statement credits make the annual fee worth it. Plus, you’ll get unparalleled lounge access , automatic Gold status with Hilton and Marriott, and extra perks with Avis Preferred , Hertz Gold Plus Rewards and National Car Rental Emerald Club . Enrollment is required for select benefits.

“While this card has a high annual fee, it more than justifies itself for frequent travelers like me. The lounge access options that come with the Platinum are unrivaled by competitors. I put all of my flights on this card to earn 5 points per dollar spent and trip protection insurance. I make sure to take full advantage of the Uber, Saks Fifth Avenue, Hulu/Disney+ and Clear credits (enrollment is required). And, honestly, pulling a Platinum card out of your wallet to pay for something does feel pretty fancy.” — Matt Moffitt , senior credit cards editor

The Capital One Venture X Rewards Credit Card can be a great alternative to the Amex Platinum, with a notably lower annual fee, similar perks and a more rewarding earning rate on everyday purchases.

The Amex Gold earns 4 points per dollar on dining at restaurants, with no foreign transaction fees (see rates and fees ), meaning you’ll get an 8% return on purchases (based on TPG’s valuations ). While a few other cards temporarily offer higher return rates on dining, this is the best option for long-term spending, making it one of the best dining cards and best rewards cards .

Those looking for a great return on dining and purchases at U.S. supermarkets will get a lot of value from this card.

“Groceries and dining at restaurants are two of my top spending categories, and I love that the Amex Gold rewards those purchases with 4 points per dollar. When you factor in the $10 dining credit and $10 in Uber Cash each month, the $250 annual fee is a net cost of $10.” — Senitra Horbrook , former credit cards editor

For those who dine out a lot and also want additional bonus categories and other valuable perks for a lower annual fee, consider the Chase Sapphire Preferred® Card .

The no-annual-fee Capital One VentureOne Rewards Credit Card (see rates and fees ) has the same redemption options as its sibling card (the Venture Rewards card) but with a lower rewards rate and fewer perks. The miles earned on the card can also be transferred to airline and hotel partners, a benefit not usually seen with a no-annual-fee card.

The VentureOne is a strong card to have in your arsenal and great if you are budgeting. After all, there aren’t many no-annual-fee cards with the ability to transfer points and miles directly to travel partners, so it’s a big bonus that this card offers that (see rates and fees ).

“I wanted a credit card that earns Capital One miles without an annual fee, and this is a winner (see rates and fees ). It doesn’t have the bells and whistles of some other cards, but I’m happy earning 1.25 miles per dollar on all purchases without paying a fee to keep this card year after year. I’ll never cancel this card.” — Ryan Smith , former credit cards writer

For a small annual fee, many travelers could benefit from the Capital One Venture Rewards Credit Card . You’ll earn at least 2 miles per dollar on all purchases and receive a statement credit for TSA PreCheck or Global Entry membership.

There are certain ways to earn bonus points for spending on the Amex Business Platinum Card, but it’s the array of perks on the card that make it a great option. Beyond airport lounge access and automatic hotel elite status, there are a number of statement credits that are specifically targeted to common business expenses.

If you travel for business frequently, this card could help you upgrade your experience in the air and on the ground while saving you money on select business-related services. And the current welcome bonus is just the icing on the cake.

“I find that the annual perks and credits vastly outweigh the large annual fee. And that’s even without using some of them. By using the benefits with Priority Pass and Amex lounges, the airline incidental credits, plus the statement credits for Clear, our cellphone plan and restocking my home printer with ink and paper from Dell (enrollment required), I get more value out of the card than it costs to keep it. Plus, it earns my favorite points — American Express Membership Rewards — earning 5 points per dollar on flights and hotels booked with Amex Travel.” — Ryan Smith , former credit cards writer

For less-frequent travelers, consider the American Express® Business Gold Card , which offers 4 points per dollar spent on your top two spending categories each month on the first $150,000 in combined purchases from these categories each calendar year (then 1 point per dollar thereafter).

The Autograph Journey offers cardholders the chance to earn elevated rates across travel categories including 5 points per dollar spent on hotels, 4 points per dollar on airline purchases and 3 points per dollar on restaurants and 'other travel' which includes timeshares, car rentals, cruise lines, travel agencies, discount travel sites and campgrounds. On top of this, cardholders also get the added benefit of earning a flat rate of 1 point per dollar on other purchases for a $95 annual fee.

If you travel frequently and are looking for a card to help you rack up points you can redeem for future travel, this card is a decent option. Additionally, those looking for a way to fill gaps in their points earning strategy will benefit from the flat 1 point per dollar spent on other purchases outside of the main travel categories.

Another great perk the Autograph Journey features is an annual $50 statement credit triggered by an airline purchase of at least $50. This is on top of elevated earning rates in the certain travel categories and a solid welcome offer for new applicants. There's also no foreign transaction fees on the Autograph Journey card making it a good first travel card as well as a decent supplemental card to add to your travel credit card roster.

If you're looking for a more general use credit card with no annual fee, consider the Wells Fargo Active Cash® Card (see rates and fees ). It earns a flat rate of 2% cash rewards on purchases making an excellent choice to help fill gaps in your reward earning strategy. The best part? Like the Autograph Journey card, the Active Cash Card doesn't put a cap on the amount of cash back you can earn.

The Chase Sapphire Reserve comes with an annual $300 travel credit to offset a variety of expenses — such as airfare, hotels, rental cars, transit and more. You’re also getting an up-to-$100 Global Entry or TSA PreCheck application fee credit once every four years along with Priority Pass Select membership. And Chase’s slate of transfer partners allows plenty of opportunity to get the maximum value from your points.

Those looking for elevated earning rates and extensive travel protections should have this card in their wallet. The 50% redemption bonus when you use your points to pay for travel through the Chase portal is also a nice perk.

“I’ve had the Sapphire Reserve for years, and it’s going to stay in my wallet for the near future. I get $300 off travel every year along with great earning rates on travel and dining (3 points per dollar) and various trip protections that can reimburse me when things go wrong. And by leveraging other cards in the Ultimate Rewards ecosystem, I’m able to maximize the earnings across all of my purchases.” — Nick Ewen , director of content

If you just can’t stomach the Sapphire Reserve’s $550 annual fee, go for the Chase Sapphire Preferred® Card instead. It has similar perks, redemption options and travel protections — for a much lower $95 per year.

The Wells Fargo Autograph is a great no-annual-fee card that offers quality earning categories and travel and shopping protection.

Travel card beginners who are looking to get into points earning should consider the Wells Fargo Autograph, which offers a welcome bonus, 3 points per dollar on a variety of everyday spending categories and cellphone protection.

If you’re just getting into the travel credit card world and are not sure travel cards are for you, consider the Wells Fargo Autograph, which will allow you to earn bonus points on travel spending without the commitment of an annual fee.

If you’re looking to earn transferable reward points but still maintain a similar earning structure, consider the Bilt Mastercard® (see rates and fees ). The card earns 3 points per dollar on dining and 2 points per dollar on travel purchases for no annual fee. Plus, Bilt points can be transferred to any of its multiple travel partners.

The American Express Business Gold card comes packed with perks and benefits, but its most unique feature is the ability to shift your monthly bonus categories. Cardholders will automatically earn 4 points per dollar in their top two spending categories on the first $150,000 in combined purchases from these categories each calendar year (then 1 point per dollar thereafter), so if your business spending varies month to month, you won’t have to commit to a bonus category.

The American Express Business Gold card is an excellent choice for business owners who are looking for a premium business card with premium business perks like monthly office supply statement credits, travel and shopping protection and access to The Hotel Collection.

The American Express Business Gold is an excellent choice for small businesses that have changing bonus categories but still want more premium business perks and benefits.

If you still want to earn Membership Rewards points without paying an annual fee, consider The Blue Business® Plus Credit Card from American Express (see rates and fees ), which earns 2 Membership Rewards points on all business purchases (up to $50,000 per calendar year, then 1 point per dollar).

The Bank of America Travel Rewards card operates similarly to the Capital One Venture Rewards Credit Card . You’re earning flat-rate rewards across all spending, and then you can use those rewards as a statement credit to cover eligible travel purchases.

It’s perfect for low-budget beginner travelers who want a card with no annual fee and a simple way to earn and redeem points.

“I’m happy earning 1.5 points per dollar on all purchases on a card without an annual fee. I can’t pay for everything in life with transferable points, and it’s nice to have a card with fixed-value points for those situations. I use this card for travel purchases where I need to pay in cash, then I can reimburse myself with the points.” — Ryan Smith , former credit cards writer

If you’re interested in a card with transferable miles that still has no annual fee (see rates and fees ), consider the Capital One VentureOne Rewards Credit Card .

The Alaska Airlines Visa earns 3 miles per dollar on eligible Alaska Airlines purchases; 2 miles per dollar on eligible gas, EV charging stations, cable, streaming services and transit (including local ride share purchases); and 1 mile per dollar on everything else. You get a free checked bag on Alaska flights for you and up to six guests on your reservation, an annual Companion Fare on your account anniversary and 20% back on all inflight purchases.

Whether you live on the West Coast or not, the Alaska Airlines Visa is a good cobranded airline card to consider adding to your wallet. The Seattle-based airline is mostly limited to North American routes, but international destinations through Oneworld partners make this card valuable for all travelers.

“With new benefits, this card is even more valuable to me — even with its higher annual fee. It provides a free first checked bag, discounts on inflight purchases and priority boarding. My favorite feature, however, is the annual Companion Fare. I get hundreds of dollars in annual value from this perk.” — Ryan Smith , former credit cards writer

If you’re not looking to collect airline-specific miles, a general travel card like the Chase Sapphire Preferred® Card might be a better option.

Travel rewards credit cards earn points, miles or cash back that are redeemable for travel expenses or are geared toward travel spending. The cards on this list are some of the best credit cards to book flights , hotels and more with their many perks and rewards .

Travel credit cards offer rewards on different purchases that can help you book flights, hotels and more for little to no out-of-pocket expenses. Some cards also provide valuable perks and benefits that upgrade the overall travel experience — from Global Entry application fee credits to lounge access to complimentary elite status . If you have the right card (or cards) in your wallet, the sky is the limit on where your travels can take you — literally.

Additionally, it’s often advantageous to travel with more than one credit card for a variety of reasons. Carrying a backup credit card when you travel can provide peace of mind in the case of bank or issuer problems or if you have a card flagged for fraud while you travel. (In this case, knowing if your card requires you to set up travel alerts for lengthy travel could be worthwhile).

Are you new to travel rewards? Check out our beginner’s guide to all things points and miles . You’ll learn about top loyalty programs, how to maximize your credit card strategy to reach your travel goals and so much more.

Related: The complete history of credit cards, from antiquity to today

We have researched various types of travel credit cards to help you figure out which one is best for you.

Travel vs cash back credit cards

A travel credit card is a card that is geared toward travel spending and a cash-back credit card is a card that earns cash back on purchases made with the card.

Generally, when we are talking about travel credit cards we refer to cards that earn points and miles like the Platinum Card from American Express or the Hilton Honors Aspire card. The Platinum Amex earns transferable points which can be used with any of Amex's travel partners while the Hilton Honors Aspire card only earns Hilton points which can be redeemed at Hilton properties. These cards do not earn cash back on any purchases.

Cash back cards generally offer cash back as a flat rate or feature bonus categories that earn an elevated cash back rate. Select cash-back cards can also be a great travel card such as the Blue Cash Preferred Card from American Express which offers 3% cash back on transit including rideshare, trains, buses, and more. Even though it is a cash-back card, the Blue Cash Preferred offers an elevated return on select transportation which potentially makes it a solid travel card option.

How do travel credit cards work?

Travel credit cards work like other reward credit cards: They help you earn rewards, primarily points and miles, on your purchases. This section will primarily focus on transferable rewards credit cards, like the Chase Sapphire Reserve and The Platinum Card® from American Express, as they are what are typically considered travel credit cards.

Related: How to redeem Chase Ultimate Rewards points for maximum value

How to earn transferable points

Transferable points credit cards earn points or miles when you make a purchase on the cards. These points and miles can then be transferred to travel partners for rewards like flights, hotel stays and more. Different cards will have different currencies, but they are generally called either “points” or “miles” (depending on the issuer). All transferable reward credit cards, airline credit cards and hotel credit cards will have their own currency that is redeemable for travel rewards.

Travel cards have varying rates for different purchase categories. For example, the American Express® Gold Card card earns 4 points per dollar spent on restaurants but only 3 points per dollar spent on flights booked directly with the airline or Amex Travel. While the Amex Platinum may be a better card for travel as it earns 5 points per dollar spent on flights (booked directly with airline or Amex Travel and up to $500,000 per calendar year), the Amex Gold can be a good addition for Platinum holders who spend a lot of money on dining out.

Related: How to redeem American Express Membership Rewards for maximum value

How to redeem points and miles

Once you’ve decided on a travel credit card and earned a welcome bonus, it’s time to put those points or miles toward free travel. There are many ways to redeem your rewards with travel credit cards. Many cards feature an online booking portal through which you can use your rewards to book things like flights, hotels and car rentals. Before booking your flight, you should consider doing a flight portal comparison to ensure you're getting the best redemption. Others allow you to transfer your points or miles to individual loyalty programs. Depending on the redemption, this could unlock even more value.

There are plenty of ways to ensure you don’t make mistakes with your travel rewards . For instance, be sure you do your research with your rewards to get a high-value redemption and make sure your accounts are in good standing so you don’t risk losing them.

Related: Tips and tricks to get maximum value from your Capital One miles

It’s up to you to decide whether a specific trip is worth spending your rewards. You can use TPG’s monthly valuations to help you determine if the price of your flight or hotel room is worth your points and miles. Some travels are more affordable in cash, but you can always save your points to splurge on a business-class flight to Europe or an overwater bungalow at a luxury resort.

How to use travel credit card portals

In the world of travel credit cards, the four major players are American Express, Capital One, Chase and Citi. These issuers also have their own travel portals which can be used to earn and redeem points for travel.

Some issuers, like Capital One and Chase , offer an incentive to book travel through the bank’s portal but it is not always worth booking through a portal.

We do not recommend booking hotel travel through card portals as it typically does not honor elite-status benefits or elite-qualifying stay credits.

Luckily, flights typically allow you to earn bonus points through a card issuer’s portal and with the airline. Keep in mind that this does not apply to all cards. When purchasing in cash, there generally is little variance in booking through a portal or on the airline’s website so if your travel credit card offers incentives to book through the portal , it can be a great way to earn extra points.

Related: Ultimate guide to the Citi travel portal

Points and miles redemptions will have a fair variance, especially if there are incentives to book through the travel portals. Overall, travel portals can be a great addition to your points redemption journey if properly used. Always remember to compare the price or redemption value of booking through a portal or directly with an airline.

Booking through a portal may make matters complicated if you ever need to change or cancel your flight.

Related: Battle of the credit card travel portals: Which is the best for booking flights?

Types of travel credit cards

Travel credit cards are cards that are geared towards travel spending. Luckily, there are many types of travel credit cards which means there is a good option for any traveler. Typically, when talking about travel credit cards, we are referring to transfer rewards credit cards, airline credit cards and hotel credit cards. There are additional types of travel credit cards that are less popular but can still be a good option for the right traveler.

Transferable rewards credit cards earn points and miles that can be redeemed through a card’s rewards program directly or by transferring them to a travel partner . Many of our best travel credit cards fall under this category because they are the most valuable type of points you can earn. Transferable rewards give you the flexibility to redeem your rewards in a way that will be most beneficial to you. Examples of top transferable rewards cards are the Chase Sapphire Reserve® and The Platinum Card® from American Express .

Airline cobranded cards earn a specific type of airline miles. These cards also generally come with perks specific to that airline. For example, an airline card may offer free checked bags , a certain number of elite-qualifying miles to help you reach status, priority boarding privileges, inflight discounts and more.

Hotel cobranded cards work like airline cards. You’ll earn rewards that are redeemable for a particular hotel program, such as Hilton or Marriott. Hotel cards come with their own benefits, such as complimentary elite status or free award-night stays. In addition, hotel cards can help you stack your earnings on hotel stays with the hotel’s program.

For example, if you have a Marriott credit card , you’ll earn bonus points for every dollar spent at participating Marriott properties on top of the 10 base points you get as a member of the Bonvoy program. This can really amplify the rewards you can earn when you use your hotel card to pay for your booking.

The points and miles world can be confusing for new credit card users but it doesn’t have to be. While transferable rewards cards are arguably the best way to earn points and miles for travel, they can also be incredibly confusing. Fixed-value credit cards and cash-back credit cards are good alternatives for beginners who are looking to get into the travel credit card world.

Fixed-value cards earn points or miles that are always redeemed for the same value. For example, the Bank of America® Premium Rewards® credit card earns points worth 1 cent each. These cards are great for beginners who haven’t quite gotten the hang of maximizing transferable points or casual travelers who are looking for their first travel credit card . Fixed-value credit cards are often the best travel credit cards for beginners.

As more hotels and airlines move to a dynamic pricing model where award pricing shifts dramatically, fixed-value rewards programs are becoming more popular.

Another great credit card option for casual travelers or credit card beginners is cash-back credit cards. You don’t have to worry about points, transfer partners or maximizing your rewards with these cards. Cash-back cards provide a percentage of cash back on your spending and provide a simple way to save on your upcoming travels.

The Capital One Quicksilver Cash Rewards Credit Card (see rates and fees ) is a great option for beginners to travel rewards. It earns unlimited 5% cash back on hotels and rental cars booked through Capital One Travel and has no annual fee.

Travel credit card benefits

Some travel cards offer automatic elite status with various programs when you sign up and can also accelerate the journey to elite airline status by converting points to air miles. If you are loyal to a particular hotel brand, status with that brand will be valuable. You’ll be entitled to room upgrades, resort credits, early check-in, late checkout and more. If you’re not loyal, it won’t. The same goes for elite status with an airline — you’ll get lounge access, upgrades, increased baggage allowance, etc. When comparing the perks of various cards like elite status, be realistic about which ones you will and won’t use.

One of the coveted perks of premium travel credit cards is complimentary airport lounge access. Many premium travel credit cards come with Priority Pass lounge access , a membership that allows access to airport lounges across the world. These lounges are a great place to relax before your flight or have a snack during a long layover. Amenities will vary between lounges but most lounges provide wifi, private seating and refreshments. Be sure to check the priority pass guest policy as many lounges allow you to bring a complimentary guest (or guests).

TSA PreCheck and Global Entry are both expedited screening programs for travelers. TSA PreCheck is reserved for expedited security screening for domestic flights and Global Entry provides expedited customs screening for international travelers when entering the United States.

The application fee for TSA PreCheck is up to $85 and $100 for Global Entry. If you are approved for the program, the membership is valid for 5 years. Many travel credit cards will offer statement credit for the application .

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Earn the welcome bonus

One of the best ways to maximize your travel credit cards is to earn the welcome bonus . Most travel credit cards will offer a welcome or sign-up bonus that allows cardmembers to earn points or miles that would otherwise require a very high spend. Welcome bonuses are a crucial part of a card’s value, so before you apply for your next travel card, be sure to plan for how you will meet the spending requirement. Ideally, you would align large purchases with your card opening so that you don’t need to spend frivolously to earn that lucrative welcome bonus .

Use a travel card that matches your travel style

There is a travel credit card for everyone, but not every travel card is the best fit for your wallet . Consider what type of traveler you are, whether you have any brand loyalty and what perks you are looking for from your next credit card. If you travel often and in luxury, consider premium cards like The Platinum Card® from American Express or Chase Sapphire Reserve® . These cards are loaded with tons of luxury perks like lounge access and automatic elite status .

Alternatively, if you’re a more thrifty traveler who likes to maximize your travel earnings, consider a mid-tier travel card like the Chase Sapphire Preferred® Card or Capital One Venture Rewards Credit Card . These cards allow you to earn points on your travel, and while they don’t come with a long list of luxury perks, they’re much more cost-effective for a traveler on a budget .

And even beginners don’t have to veer away from travel cards, since many products out there offer an introduction to the travel rewards world without incurring an annual fee.

It’s important to consider where you’re looking to go when you book trips, as certain cards are especially useful for international travel . Plus, if you’re someone who frequents the skies (such as a digital nomad), there are certain credit cards best for long-term travelers .

Knowing what your travel style is like will help you determine what type of travel card you need.

Use loyalty programs to stack your rewards

You don’t have to limit your earnings to just travel credit cards . Many airlines and hotel chains have loyalty programs that can be used in conjunction with your travel card to unlock added perks when doing business with a specific brand. In addition, many travel credit cards allow you to transfer points from your card to your eligible loyalty programs . This can open up nearly endless redemption options, including award chart sweet spots that can get you the most maximized redemptions for your points and miles.

1 Sign-up bonus Choosing a card with a healthy sign-up bonus will help jumpstart the possibility of unlocking elite status across different areas, including airline and hotel loyalty programs.
2 Annual fee Premium travel credit cards typically feature higher annual fees. Double-check that the card you choose suits your spending habits and travel needs before applying.
3 Bonus categories It also helps to check which bonus categories a card offers to ensure that they align with your spending, whether it’s at restaurants, at grocery stores or on streaming subscriptions.

What's your favorite travel credit card — and why?

Using credit cards responsibly can help build your credit score
Travel credit cards can earn cash back, points or miles on every dollar you spend.
Travel credit cards can provide purchase, theft and fraud protection.
Travel credit cards provide perks like travel insurance, complimentary hotel stays and more.
Credit cards can encourage overspending.
Carrying a balance and using your card irresponsibly can damage your credit score
The cost of borrowing on credit cards is higher than traditional loans
Having too many card applications can negatively affect your credit score
Travel credit cards may be too complicated (or expensive) for those who aren’t frequent travelers.

Generally speaking, you need at least a very good credit score in order to get many popular travel credit cards. According to FICO, the scoring model used by most lenders, this is a score of at least 740. However, there’s no hard-and-fast rule, as each individual credit card issuer looks at a variety of factors in addition to your credit score when deciding whether to approve or decline your application.

Thankfully, there are a number of ways to check your credit score for free , so you can get an idea of where you stand before wasting an application (and a hard inquiry on your credit report) for a card for which you’re unlikely to qualify.

Points and miles are simply two different ways to describe the same thing: the rewards you earn on a credit card. As an example, many popular Capital One credit cards earn miles, whereas cards that participate in Chase Ultimate Rewards accrue points. There’s no appreciable difference between the two words.

This gets a little more complicated when you begin discussing cash-back credit cards. Some of these show earnings with a dollar amount, while others show cash-back rewards in points. However, here too there’s no significant difference. It’s simply how the card issuer chooses to describe the rewards you’re earning.

It depends entirely on your typical travel habits. Many popular travel credit cards feature rewards, benefits and redemption options that only come into play when you’re actually on the road. This includes perks like airport lounge access, rental car insurance or statement credits for certain travel purchases. Ultimately, you should look at how much value you expect to get out of a given travel card in one year. Then, compare that to the card’s annual fee to make sure you’re getting at least that much value.

It depends. Generally speaking, you should aim to use your rewards from travel credit cards for travel-related purchases – like flights or hotel rooms. However, everyone has a different version of what “value” looks like here. Some travelers are perfectly content redeeming 25,000 miles for a $250 economy flight. Others would rather save up and use 100,000 miles for a $5,000 business-class ticket. The important thing is to avoid redemptions like gift cards or merchandise, since those typically offer poor value for your points and miles.

Ultimately, it’s up to you to determine whether you want to keep cash in your pocket by using rewards for a particular purchase instead.

Many of the luxury travel cards on this list offer hundreds of dollars in annual travel statement credits. However, not all annual travel statements are created equal. While some cards feature easy redemptions, other cards feature redemptions that come with more restrictions.

Out of the various cards that offer annual travel credits, the Chase Sapphire Reserve has the easiest redemption process for travel credits . The Chase Sapphire Reserve's travel credit covers a broad selection of charges, including flights, hotels, campgrounds and more. Additionally, the travel does not have to be booked through Chase’s travel portal, and the statement credit will automatically post when you make an eligible purchase.

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What are the benefits of business travel (and downsides)?
Being willing to travel lets management know that you are an all-in kind of employee, willing to go the extra mile. It will start to let them view you as more than just a "doer.". You will be exposed to higher profile projects. By traveling you will likely get to visit and be involved in higher profile projects.
What is business travel? Importance and Types
Importance and Types. Business travel has always been an integral part of the corporate world. It provides opportunities to meet clients face-to-face, attend conferences and networking events, and explore new markets. However, as much as business travel can be exciting, it also comes with its fair share of challenges.
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Tax write-offs are one of the primary benefits of business travel that makes many businesses consider these expenses to be allowable. 6. Exposed to higher-profile projects. Business travel is an added perk for employees who want to engage with influential professionals and climb up the corporate ladder.
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The real-life meeting is a noteworthy advantage that business travel can offer. It helps develop strong bonds and ensures better productivity of business travel. 3. Exploring new locations. Business travel takes employees across several new places in domestic and overseas locations. They learn new customs, languages, and etiquette.
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The Dawn of Travel as a Strategy. By tClara CEO Scott Gillespie / January 24, 2022. Scott Gillespie, CEO, tClara. In 2022 we will see more forward-thinking companies rethink how to use business travel. For two decades this expense category has been managed by setting travel program goals. These goals typically relate to cost control, compliance ...
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Business travel is about more than meeting new prospects, closing sales deals, growing the top line, giving presentations, and strengthening client relationships. Here are 5 great additional benefits: 1. Experiencing New Places ... One of the greatest advantages to traveling for business is the people you get to meet along the way. Besides the ...
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Here are our five main benefits for business travel: 1. Builds confidence. A huge benefit business travel will give you is the ability to get out of your comfort zone and build confidence while traveling. We all have an issue of staying in our comfort zone, which also impacts our professional and personal lives, but we need to push past our ...
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2.Expand Your Horizon. Another significant benefit of business travel is learning and honing new skills. You can quickly expand your horizon and skill set when meeting new people. Traveling for business will allow you to become self-made and a fast decisions maker. You will have the knowledge and expertise to deal with hostile situations.
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An exhaustive business travel policy ensures smooth execution of business trips while adhering to company's guidelines. It helps companies comply with Duty of Care obligations by securing business trips ahead of time. A travel policy is also a crucial tool to protect a company's business interests. Creating a detailed business travel policy ...
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The travel managers must be AAdvantage members who are at least 18 years old, reside in the U.S. or Canada and are employees of the business. Travel managers can invite business travelers to participate in your business' AAdvantage Business account, manage your business' AAdvantage miles balance and book flights on behalf of business travelers.
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2. Price. This one can go either way. Some travel agents can snag you great bundled deals on your travel. Other times, the cost of using a travel agent means you won't actually save any money. 3 ...
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8. Weigh credit card interest rates and annual charges against the rewards you'll earn. You don't want to end up spending more for the card than you can earn back. 9. Make sure you know your reward programs' rules. Some have points or rewards that expire. Make sure you use yours before they disappear. 10.
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One of the most compelling advantages of private jet ownership for business executives is the unparalleled flexibility it provides. With a privately owned jet at their disposal, executives have the freedom to create customized travel itineraries that align with their demanding schedules. Gone are the days of adhering to rigid commercial flight ...
What are the advantages and disadvantages of business travel?
Advantages of business travel Getting to know new people . Meeting new people is a significant advantage of business travel because it helps to understand the business-related perspective of the people. Because of this, people can also develop creativity in business organisations. Apart from this, it allows an understanding of the place's ...
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Earn even more travel rewards. You can earn up to 75% more points on every purchase, if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business Platinum Honors tier. That means you could earn up to an unlimited 2.62 points per $1 spent on all purchases.
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Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases; Round-the-clock monitoring for unusual credit card purchases; With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
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Travel & Local: 700: 35: March, 2007: Uber: Travel & Local: 37281: 137: May, 2010: More App Data Connecting the app industry ... By ticking this box, you agree to the collecting, processing, and sharing of your personal data by Business of Apps and any of our commercial partners. I Agree.

What are the benefits of business travel (and downsides)?

The Benefits of of Business Travel

The Downsides of Business Travel

Final Thoughts on the Benefits of Business Travel

Travel Tip Tuesday #21: How to Fold your Towels like the Hotel does!

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What Is Business Travel? Importance and Types

What is Business Travel?

What is the Importance of Business Travel?

1. Closing Deals

2. Exploring New Markets

3. Building Relationships

4. Networking

5. Competitive Advantage

Different Types of Business Travel

Top Challenges To Manage Business Travel

1. Managing Large Numbers of Requests

2. Tracking Approvals

3. Keeping Spending in Check

4. Being Flexible

5. Reducing Errors

How Companies Can Manage Business Travel

What is a Business Travel Solution?

John Hunter

More Reading

Corporate Business Travel: Everything You Need to Know

Key Takeaways

Importance of Corporate Business Travel

Types of Corporate Business Travel

Creating a Corporate Travel Policy

Setting a Corporate Travel Policy

Corporate Business Travel Best Practices

Booking Corporate Travel

Managing Travel Expenses and Budgeting

How to Manage Corporate Travel

Ensuring Traveler Safety and Security

Maximizing Productivity During Business Trips

Tips for Business Travel Etiquette

Sustainable and Responsible Business Travel

Technology and Tools for Corporate Business Travel

Managing Business Travel Expenses

What Is an Example of Corporate Business Travel?

How Does Corporate Business Travel Work?

Who Handles Corporate Business Travel?

The Bottom Line

Blog / Business Travel / Benefits of Business Travel for Boosting Productivity and Growth

Business Travel

6 Benefits of Business Travel for Companies

2. E xploring new territories

3. Employee Development and Collaboration

4. Innovation and Creativity

5. Strengthening Company Culture

6. Professional Development and Training

Cost-Effective Strategies for Travel Management

Use Travel Tools to Streamline Your Bookings

Utilize Flexible Travel Dates

Use a Centralized Booking System

Key Takeaways

Measuring the Impact of the Serviced Apartments Sector in the UK

5 Steps To Incorporate Extended Stay Accommodation Into A Business Travel Programme

Watch Now: Enhancing the Relocation Experience Webinar

9 Ways to Make Business Travel More Sustainable in 2024

8 Business Travel Trends to Elevate Corporate Travel Panning

Benefits of business travel for corporate companies

What does business travel involve?

What are the benefits of business travel for companies?

1. More networking opportunities

2. Meeting prospective clients

3. Face-to-face meetings

4. Experience new cultures & different ways of working

5. Tax write-offs

6. Exposed to higher-profile projects

7. Awarded with points and miles

8. Helps avoid employee burnout

Challenges associated with managing business travel?

1. Tougher reimbursement process

2. Cutting down on travel costs

3. Drafting effective travel policy

4. Complying with travel policy

5. Controlling travel expense fraud