Business travels sound like a lot of fun unless it’s you who is paying for the expenses. Travel acts like a catalyst for spurring business growth. According to World Travel & Tourism Council, business travel has accounted for one-third of the global trade growth in the past decade. Business travel enhances corporate productivity and creates job openings; hence, it’s indispensable for business organizations to send their employees on business trips. Nonetheless, no professional organization can afford to burn the candle at both ends and squander away money unnecessarily.
According to a study conducted by The Global Business Travel Association and cited byÂ CNBC, business travel is projected to increase by 7.2% in 2014, reaching a whopping $288.8 billion. For each dollar spent on business travel, companies earn $2.90 in profits, according to US Travel. In order to maximize the ROI on your travel investment, it is mandatory that you spend your money well. The price of the air tickets, entertainment, food, and short term corporate housing in San Diego, all must stay within the budget that you have allocated.
Here are 10 money-saving tips for your next business trip to San Diego, tips that can cut your expenses substantially and save you tons of money.
1. Avoid Summer: Summer is the high season in San Diego. The weather is pleasant and tourists gravitate to the beach city, driving the accommodation rents sky-high. If you can, you should either defer your business trip to late fall or arrive here in early spring. You’ll find plenty of vacant corporate housing communities in San Diego and the rents will be suppler than in summers.
2. Avoid Major Events and Festivals: Check San Diego’s event calendar to avoid the rush days and busy weeks. For instance, the LGBT Pride Parade is scheduled from July 19 to 20.Â Expect busy roads and hotels on these days.
3. Save on Air Travel: Do a little research on low-cost airlines that offer some level of quality and comfort. JetBlue, Southwest, and Air Tran are some such “no-frills” airlines. Look for seasonal discounts and special offers. If you are a frequent flyer, you should get yourself enrolled in the incentives programs offered by some of the airlines, so that you can buy cheaper tickets. Try to buy refundable, one-way tickets, as these can save you some money while allowing you the flexibility of extending your stay at the corporate housing in San Diego, should the need arise.
4. Merge Your Business Trips: It is also advisable to merge 2 or 3 business trips together; this will reduce the number of flights that you have to pay for. Once you have made your flight plan, look for affordable corporate housing in San Diego.
5. Stay Close to Downtown San Diego: Beachfront accommodations are usually expensive. You’ll also need to bear the transportation expenses, as you’ll need to travel to the city center often for your business or entertainment activities. Downtown hotels are cheaper than beachfront hotels in San Diego. It is better if you can find San Diego corporate housing such as that offered by Foxwood apartments. These corporate apartments will be economical as compared to hotels and will give you the luxury and privacy of a country club lifestyle.
6. Negotiate Corporate Deals and Discounts: Business travelers can usually get discounted hotel or apartment rents if their employers or sponsors have negotiated a deal with some of the properties. If you are an entrepreneur or SMB owner who needs to travel to San Diego quite often, you should contact the management of some of the San Diego corporate housing establishments and try to negotiate exclusive low rents for your employees and/or yourself.
7. Save on Transportation: There are several places in San Diego that you can visit without having to rent a car. There are roads in San Diego that practically turn into parking lots around rush hours. You should make yourself conversant with the San Diego Trolley and make use of it to save money and hassle. You can rent a car only on certain days, when you need to go somewhere that the Trolley wouldn’t take you.
8. Save on Food: Eating at restaurants or commercial food outlets can weigh heavily on your pocket and stomach. One of the benefits of staying at San Diego corporate housing is that you can cook or heat up your own food. Plan your trip in a balanced way, combining dining out and cooking at home in equitable proportions. You’ll find plenty of economical, yet good quality restaurants in Hillcrest Area.
9. Save on Sightseeing: No business trip to San Diego is complete unless you’ve entertained yourself at some of the recreational facilities that the city offers in abundance. If you have time, you should get a Go San Diego pass, which gives you the right of admission into 47 of the best San Diego attractions. There are plenty of other passes and special offers available, which you can avail to save money during your business trip.
10. Be Free: Try to be as independent as you can; buy your own grocery and cart your dirty clothes to a local drycleaners rather than paying the hotel twice the money. Your corporate housing in San Diego comes with free parking, laundry, swimming pool, and spa, not to mention the attached kitchen where you can cook for yourself.
In business, a dollar saved is a dollar earned. If you are not careful while planning it, the cost of your business trip may shoot through the roof without you even noticing it. It is only when you add up the expenses afterward that you realize that your trip could have been more cost effective. While you should not starve yourself of the pleasures and fun of a trip to San Diego, unwanted expenses ought to be curbed. Your business trip will probably pay you off many times the amount that it costs, but the profits will come later on. For the time being, you should focus on saving cash expenses.
Would you like to offer us any tips for saving money on a business trip to San Diego? Please do comment on this post and don’t forget to share it with your friends and colleagues.