Hotel Booking: Best Price Guide for Corporates

Finding a hotel booking that fits within the allocated budget of a company is difficult, especially when an employee has to go on a last-minute business trip. However, with some strategic tips, finding the best prices for your next hotel room booking can be easy:

 

 

Booking hotel for business purposes is different from making a hotel reservation for a personal vacation. Corporate hotel bookings come with varying requirements like group booking in hotel, Wi-Fi, parking, business centre availability, and more. As a result, finding the right hotel, that too at the best prices can be somewhat difficult.

 

Additionally, corporate hotel bookings can be difficult to manage, with multiple employees travelling to different locations all at the same time. These disorganized bookings can be simplified with the help of the right travel management solution, alongside ensuring that these bookings fit the budget allocated by the company. So, here is how to make your hotel bookings effortless and cost-effective with the right travel management tool and other tips:

 

 

Finding the right hotel can be challenging, but once you have finalized a hotel that suits your business needs, it is best not to waste any time making the bookings. Pay, confirm, or reconfirm as quickly as possible to get the best booking prices. Waiting for the prices to come down or get a better deal can leave you with regrets because, more often than not, the best prices are available right away and delaying bookings can eventually cause you to pay more. 

  

Rather than awaiting approval, businesses can further enable their employees to choose their hotel by utilizing the services of a good travel management tool that provides hotels in prime business locations, helping them to not only save time but also save money on a corporate booking hotel. 

 

 

Searching through multiple different websites on the internet for the best hotel booking site and to find one that offers value for your money can be exhausting. However, with the right travel management solution like myBiz, you can get access to negotiated rates that are hard to come by. myBiz is ideal as it comes with the best corporate rates on booking hotel thanks to its extensive inventory advantage. With numerous hotels to choose from, booking a hotel on myBiz for corporates means getting access to the most competitive rates and increased savings.

 

 

Partnering with the right travel management platform can simplify the online hotel booking process by enabling the admin to have complete control over the bookings and yet decentralize it with the help of an easy travel policy set-up. This can significantly help employees cut short the time taken for approvals and make their bookings on time, thereby saving on hotel booking for corporate by reserving hotels at the best price. With the right TMC like myBiz, setting up a travel policy can be quick and easy. This can ensure that all the bookings for corporate hotels are compliant from the get-go, and employees don’t have to await approvals from the admin before making the bookings to get the best price. 

 

 

Centralised payments with a company credit card can further quicken your bookings on hotel booking sites, thus saving you money. A good travel management solution like myBiz offers multiple payment options and centralized payments are one such efficient medium of reconciling expenses. This ensures reduced wait time and quick payments that are detrimental to more savings by helping employees secure the bookings at the best price. Additionally, it also cuts down the need to keep track of invoices and seek approvals for reimbursements, further simplifying the booking of business hotels.

 

 

A good travel management platform like myBiz can act as a single window that enables the following:

• Searching for the hotels best suited for business travellers.  
• Booking hotels at affordable rates.
• Managing all the hotel bookings and their expenses.
• Paying for corporate hotel bookings centrally.
• Offering GST invoices for tax benefits. 
• Offering automated reimbursement claim process.

This automated portal identifies the industry trends and offers the best corporate rates and deals for better cost-saving opportunities, providing businesses with the best prices on a corporate hotel.

 

Frequently Asked Questions (FAQs)

 

Q1. How are specially negotiated rates better for booking a business trip hotel?

Ans. Researching and comparing websites to find the best prices for your requirements can be exhausting. This is where the specially negotiated rates with a travel management solution like myBiz guarantees savings.

Q2. How can employees be given the freedom to make business travel hotel booking within a budget?

Ans. With the help of the right travel management solution like myBiz, setting up a travel policy can empower the employees to make their corporate hotel bookings while ensuring that each booking is fully compliant and within the allocated budget.

Q3. How can companies get corporate hotel discounts for the best prices on their hotel reservations?

Ans. An ideal travel management solution like myBiz not only offers corporate rates on hotel bookings but also provides business travellers with the best corporate discounts on their bookings.

Q4. How to get corporate rates at hotels for small businesses? 

Ans. A small business can get the best prices and corporate rates on hotel bookings by partnering with a good travel management solution like myBiz. This is due to their extensive inventory that enables them to offer the most competitive rates for booking hotels.