Category Archives: Business Travel

What Are Vacation Rentals and How Do They Differ From Corporate Housing?

It is time to plan a long awaited vacation. You have the location set and your transportation booked so all you need to do now is find accommodation. Obviously, many travellers choose a hotel for convenience and amenities, but in many cases vacation rentals are a more appropriate option. Vacation rentals can provide an interesting and affordable way to enjoy your time away from home while still benefiting from the comforts of home.

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What Is Corporate Housing?

While on holiday or a short business trip, hotels are often the most reasonable establishment to stay. They provide all the services one could require, usually with in-house restaurants, and access to local amenities. Yet, the cost of hotels and even the “convenience” can become an issue. Regardless of whether you are travelling for business or pleasure, corporate housing provides a more affordable and homier alternative to hotels.

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China’s Attempts at Fighting Inflation

In the United States, interest rates are decided by the Federal Reserve. In China, these decisions are taken by the People’s Bank of China Monetary Policy Committee. This power of affecting interest rates through tight macroeconomic policies by the PBCMPC is very important since sharp depreciation of a currency’s value can cause a currency crisis. Currency crisis occur when a speculative attack on the exchange value of a currency forces the country to sharply increase interest rates to defend against exchange rates.

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The Added Benefits of Corporate Travel Credit Cards

Most every agency engages in the practice of allowing more than an average of 13.5 days for a corporate travel customer to pay for tickets issued. If the tickets are issued on a credit card, however, ARC (Airlines Reporting Corporation) does not draft your agency bank account; instead, the airline collects directly from the credit card company. This cash flow benefit is significant in an industry which operates on such a slim profit margin. And there is even more good news! Travel agents can deduct the commission derived from transactions directly from the authorized ARC draft amount. In fact, some agencies whose accounts are nearly 100% credit card do not have their accounts drafted at all; they receive a check every week for the airline commissions earned.

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The DON’Ts Of Hiring Executive Travel Recruitment Companies – Get The Facts

Executive travel recruitment is recommended for travel businesses which have vacancies for senior positions, such as travel director jobs or hospitality director jobs. This is because executive travel recruitment can help any business in choosing the right sort of people who would indeed be welcome additions to the business. As executive travel jobs should only be delegated to those who you know would be able to deal with the expectations and functions of hospitality director jobs or travel director jobs properly – executive travel recruitment is going to be advantageous to all travel businesses.

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