
Save serious dollars with best fares and rates
ACCORDING to business travel specialist Corporate Traveller, mining companies have been able to chip hundreds, if not thousands, of dollars off their annual travel spend by incorporating best fare of the day (BFOD) and best rate of the day (BROD) strategies into their companytravel policy. When using a BFOD and BROD strategy, a company’s travellers will be advised to select the cheapest airfare or hotel rate of the day across a range of suppliers. Corporate Traveller’s general manager WA Stephan van Arnhem said companies using a BFOD rule in their travel policies were saving between 20 and 30 per cent on their annual airfare expenditure. “Their overall spend is generally less and they’ll also be seeing the cost benefit of...