Vacation packages are a popular option for leisure travelers. After all, what’s better than getting a great deal and lowering travel costs by booking accommodation, flights and activities together?
Recently, travel management companies have expanded this type of package travel offering to their corporate clients who organize business trips, team building events and activities, and employee retreats.
In this guide, we take a look at:
- What are business travel packages and when are they commonly used?
- The benefits of corporate travel packages for companies
- Three types of business travel packages for different types of business travel events
What are corporate travel packages and when are they most commonly used?
Corporate travel rates and business packages comprise many of the same elements as conventional vacation packages. Business travel packages are an extension of the practice of applying discounts when air travel and accommodations are booked together for business travel and include other elements such as corporate retreats, parties, team building activities and company outings.
Essentially, when a company decides to book a business trip, corporate retreat, or team building event, travel management companies offer them deals within a single sale that covers all elements of the business trip.
3 Benefits of corporate travel packages
In addition to streamlining the organization of business travel, corporate travel packages provide other benefits for organizations.
Help companies save money on business travel
Business travel can consume a significant portion of an organization’s budget. Corporate travel rates provide organizations with special rates that can significantly reduce the amount they need to spend on business travel arrangements.
They can be used within an employee travel incentive program.
Organizations can use corporate travel packages for their group incentive travel programs for their best employees. For example, they may choose to host an employee retreat for their top salespeople, and business travel packages are a great way to optimize costs and time spent organizing such trips.
They can be used as an employee retention tool.
Today’s workforce values travel as an important employee benefit. Leisure travel, for example, in which employees extend business travel plans for their own leisure purposes, has grown in popularity in recent years.
Corporate travel packages give employees even more opportunities to travel and enjoy new experiences while on the job.
3 types of corporate travel packages for each type of business trip
Depending on the needs of your organization, there are several travel management companies that specialize in creating different business travel packages. Below, we explore three companies with corporate travel packages for business tripscorporate retreats and employee vacations, and team-building activities.
For business travel: TravelPerk
TravelPerk is a leading corporate travel management company that specializes in streamlining business travel by centralizing all business travel booking processes on a single platform. From airfare reservations, accommodations and car rentals, TravelPerk handles all your travel management needs in-house and saves you money at the same time.
TravelPerk offers corporate negotiated rates to premium customers, as well as a rate negotiation service with travel experts who negotiate the best prices for your corporate travel package requirements. In addition, the company offers executive experiences in various hotels in London, Berlin and Amsterdam.
In addition to handling your business travel package needs, TravelPerk offers:
- A group travel solution that helps you easily book company retreats, team building events, incentive trips, corporate meetings and conferences
- 24/7 on-demand corporate travel support (with a 15-second response rate!) to ensure all aspects of your business travel run smoothly
- A corporate travel tracker that keeps you up to date with travel alerts and supports the needs of your travelers
- A VAT recovery solution that helps you with your VAT recovery and helps you save up to 20% on business travel expenses
- TravelPerk Events, a one-stop event travel management destination that helps you organize all aspects of your event-driven business travel (including sales pitches, offsite sites, and seasonal parties)
If you’re ready to learn more about how TravelPerk can optimize business travel for your company, contact us today for a free demo.
For corporate retreats and employee vacations: Trek Travel
Trek Travel is a travel company that specializes in bike tours and bike vacations. The company also organizes corporate retreats and getaways in more than 50 destinations and creates itineraries for trips around the world.
Their experts create corporate travel packages from the ground up and integrate your organization’s needs and preferences into the itinerary, including scheduling meeting spaces.
For team building activities: Team Bonding
Based in the US, Team Bonding is a team building specialist offering over 100 unique team building events both nationally and globally.
The company realizes there are multiple moving parts involved in corporate team-building events involving employee travel, and its expert event facilitators help organizations plan their own custom events.
From outdoor activities and murder mystery dinners to scavenger hunts and casino nights, Team Bonding offers a wide range of team building activities that are ideal for companies with offices in multiple locations.