ROCKETRIP TRAVEL SAVINGS ANALYSIS EXPLAINED
Rocketrip provides a free travel analysis to our prospective clients. We analyze data from thousands of individual trips and turn it into a comprehensive picture of how a company spends on business travel.
Our travel savings analysis also includes a detailed breakout of potential savings areas. These savings projections take into account the specific travel behavior allowed under a company’s policy and consider factors such as how many employees travel regularly, what destinations are most commonly visited, and how Rocketrip customers with similar profiles have performed using our platform.
Here’s an example of a Rocketrip travel savings analysis:
SAVER SCENARIOS EXPLAINED
Rocketrip doesn’t just reward business travelers for spending less on their trips. We also identify exactly how they save, whether that’s taking a cheaper connecting flight, choosing a smaller rental car, finding a bundled deal on hotel and airfare, booking a trip far in advance, or any of the other 30+ Saver Scenarios tracked by Rocketrip.
Flight Saver Scenarios
Lowest Fare Chosen - Employee booked a flight with the lowest fare of all available options identified by Rocketrip at the time of booking.
Connecting Flight - Employee took a connecting flight that cost less than their budget.
Low Cost Carrier - Employee found a cheaper flight on a low-cost carrier such as Southwest.
Rail Instead of Air - Employee traveled by train for less than the cost of an equivalent flight.
Coach Instead of Business Class - An employee who under company policy is allowed to fly business class chooses a less expensive coach ticket instead.
Online Discount Deal - Employee used a travel site such as Expedia to find airfare that was less expensive than their flight budget.
Multiple-One Way Tickets Booked - Employee booked the departure and return legs of their itinerary separately for less than the cost of an equivalent roundtrip airfare.
Bundled Deal - Employee earned a discount on their airfare, hotel, and/or rental car by booking a package deal.
Used Personal Miles - Employee redeemed their own airline miles to pay for some or all of the cost of a flight.
“Bleisure” Travel - Employee extended their business trip into a vacation, taking advantage of cheaper airfare with a Saturday night stayover.
Hotel Saver Scenarios
Lower Hotel Star Class Chosen - An employee who under company policy is allowed to stay at, for instance, a four star hotel such as the W, chose to stay at a cheaper hotel, such as the three star Sheraton.
Online Discount Deal - Employee used a travel site such as Expedia to find a hotel rate that was below their given budget.
Stayed with a Friend - An employee eliminated all hotel cost by staying for free with friends or family.
Airbnb Instead of Hotel - An employee booked accommodations through Airbnb for less than their given hotel budget.
Stayed with Colleague - Two or more employees beat their total hotel budget by sharing accommodations while on a trip.
Deal Through Last Minute Booking Site - An employee secured a discounted rate on an room through a site such as HotelTonight.
Multiple Hotels Booked - Employee stayed at more than one hotel at their destination, based on which had the lowest rate on a given night.
Car Saver Scenarios
Lowest Rate Chosen - Employee booked a rental car with the lowest price of all available options identified by Rocketrip at the time of booking.
Less Expensive Car Class - An employee who under company policy is allowed to book, for instance, a full size vehicle, chose a less expensive option, such as an economy class vehicle.
Online Discount Deal - Employee used a travel site such as Expedia to find a rental car deal that cost less than their given budget.
Shared Rental Car with Colleague - Two or more employees beat their total rental car budget by using the same vehicle.
Used Own/Family/Friend’s Car - An employee eliminated all rental car costs by using a vehicle for free.
Rail Saver Scenarios
Lowest Fare Chosen - Employee purchased a train ticket with the lowest price of all available options identified by Rocketrip at the time of booking.
Driving Instead of Rail - Employee drove to their destination for less than the cost of an equivalent train ticket.
Bus Instead of Rail - Employee purchased a bus ticket for less than the cost of an equivalent train ticket.
Airfares generally become more expensive closer to the date of departure, so booking business trips as soon as possible can lead to meaningful savings. Rocketrip motivates employees to plan ahead by rewarding them with an Early Booking points bonus.