Wish you had travel spend data at a glance? With TravelBank Premium Insights, you gain access to a summary of items in your organization, including receipts for both travel and expenses, top savers, approval compliance, high spend items, and even airfare and hotel booking leakage. On the expense side, see all expense reports that have been submitted at any given time – and which are outstanding. ?? https://hubs.ly/Q02Vw39L0
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International Travel House Reports Strong Q3 Performance https://lnkd.in/gTffqC3N #InternationalTravelHouse #ITH #TravelIndustry #FinancialResults #NetProfit In the latest quarter, International Travel House has reported impressive growth, with net profit soaring by 31.97% and sales increasing by 14.94%. This strong performance underscores the company's resilience and strategic positioning in the recovering travel sector. Join us as we delve into the factors behind these results and what they mean for the future of ITH in an evolving market
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Are rising payment processing fees affecting your profit margins? If your answer is yes, you're not alone! For businesses in the travel industry, payment processing fees can quickly add up, eating into profits. Riviera Travel, a respected name in the industry, found themselves grappling with rising payment processing fees - a challenge many in the sector face. At BB Merchant Services, we conducted a detailed review of their current payment processing setup. By benchmarking against industry standards and diving deep into their specific needs, we uncovered significant opportunities for savings. Through strategic renegotiation with their existing provider, we helped Riviera Travel successfully lower their fees while maintaining their existing provider relationship and keeping operations smooth. Read it here: https://lnkd.in/epM9d88J Are payment processing fees cutting into your travel business’s profits? Let’s explore how we can help you achieve similar savings. #MerchantServices #CostSavings #Renegotiation #BBMerchantServices #TravelIndustry #Tourism
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?? What do travel agencies, tour operators, and OTAs have in common? Unfortunately, there's no punchline. For travel businesses, seasonal peaks in bookings put a strain on cash flow – and the need to juggle multiple payment methods makes reconciliation difficult. Discover our digital payment solutions built specifically for the travel industry and benefit from: ?? Automated processes ?? Improved cash flow ?? More flexibility ? Greater transparency Visit our info hub and find out more:?https://hubs.ly/Q02lDmkP0 #travelindustry #payment #virtualcards #travelpurchasing
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Travel agency? Provide your customers with a modern travel companion—a single, secure virtual card to handle all their expenses. With Miden, you can issue one-time cards to your customers for seamless shopping and expenses during their vacation, eliminating the burden of managing multiple payment methods or the risk of carrying cash. #Miden #b2bpayments
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?? What do travel agencies, tour operators, and OTAs have in common? Unfortunately, there's no punchline. For travel businesses, seasonal peaks in bookings put a strain on cash flow – and the need to juggle multiple payment methods makes reconciliation difficult. Discover our digital payment solutions built specifically for the travel industry and benefit from: ?? Automated processes ?? Improved cash flow ?? More flexibility ? Greater transparency Visit our info hub now and find out more: https://hubs.ly/Q02tV0G90 #travelindustry #payment #virtualcards #travelpurchasing
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Digital Payments for the Travel Industry ?
?? What do travel agencies, tour operators, and OTAs have in common? Unfortunately, there's no punchline. For travel businesses, seasonal peaks in bookings put a strain on cash flow – and the need to juggle multiple payment methods makes reconciliation difficult. Discover our digital payment solutions built specifically for the travel industry and benefit from: ?? Automated processes ?? Improved cash flow ?? More flexibility ? Greater transparency Visit our info hub now and find out more: https://hubs.ly/Q02tV0G90 #travelindustry #payment #virtualcards #travelpurchasing
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Bite-sized insights from Lone Konradsen... Meal allowances can be easily overlooked while you scour your travel policy for improvements, but travel managers everywhere will hear about it if they're out of alignment with the bottom line of the bill. As a key area of your travel programme that’ll quickly feel outdated, allowances can significantly impact the travel experience for your employees. Add that to what we know of cost increases and market fluctuations, it’s clear that allowances need to be regularly reviewed to stay relevant. The big question is; how do your allowances stack up against actual market costs? That's where we can help... Get started with the latest insights, trends and advice from our Head of Customer Insight, Lone, and get in touch for a policy review while you're there - you won't regret it! ?? https://lnkd.in/e-Uye2Af #travelpolicy #businesstravel #travelprogramme
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Cost. Savings. Reduction. Value. My thoughts as I head towards the yellow sticker aisle in Tesco?? (other supermarkets are available). Also, the topic I first get questioned on 80% of calls ???? - how much can you SAVE us compared to booking online? Of course it varies from business to business, and we offer SO much more than cost optimisation, I could list 10 other benefits that are arguably as important, if not more. However, use the Corporate Traveller UK business travel savings calculator to find out how we could positively impact your business and its travel costs. All you need is an estimate number of flights, hotels, and cars/transfers booked a week and will do the rest ??. Get your result today at: https://okt.to/BLNOYc #SMETravel #BusinessTravel #CostSavings #TMC #CorporateTraveller
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The Kingdom reached another achievement in inbound visitor spending during the first quarter of 2024. According to the travel account data from the balance of payments, visitors to the kingdom spent +45 billion riyals, leading to 46% growth in the surplus of the travel account compared to the same period in 2023 with travel account surplus exceeding 24 billion riyals. #AmbitionandProsperity
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Transform Your Travel Business: Why Raising Prices Could Be Your Best Move Yet Are you constantly battling to win clients based on price alone? In the travel industry, setting yourself apart can be challenging—but sometimes, the answer is simpler than you think: raise your prices! Here’s what happened when we did: We filtered out clients who weren’t the right fit Raising prices helped us let go of clients focused solely on discounts, freeing up time to focus on those who truly value our expertise. We attracted higher-quality clients With our new pricing, we brought in clients who appreciated our services and were willing to invest in unique travel experiences. We saw a 4x increase in revenue In just one year, adjusting our rates led to a major boost in revenue, allowing us to reinvest in our services and deliver even more value. ?? In the travel industry, your pricing can reflect your value. Don’t be afraid to align your rates with the quality of service you offer! If you’re looking to grow your travel business, remember: Charge 2x more, deliver 4x more value. You might just attract the clients you've always wanted. #TravelBusiness #ValueOverVolume #TravelIndustry #BusinessGrowth #PricingStrategy
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