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Corporate Travel service benefits

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Questions and Answers

What is a good approximation to gauge a company's corporate travel expense?

0.5% of company’s revenue (correct)

10% of company’s revenue

5% of company’s revenue

2% of company’s revenue

What is TravelPlus’ gross margin on luxury hotels?

3-5%

5-10% (correct)

10-12%

15-20%

What savings does TravelPlus bring about at the clients’ end?

10-15% savings potentially

30-35% savings potentially

20-25% savings potentially (correct)

5-10% savings potentially

What mode of booking is most beneficial for TravelPlus according to the text?

SBT (Self Booking Tool) Signup and view all the answers

What is TravelPlus’ gross margin on MICE (Meetings, Incentives, Conferences, Exhibitions)?

10-12% Signup and view all the answers

Which booking alternative rarely provides free cancellations up to 24 hours prior?

MyBiz Signup and view all the answers

What is a common approximate gross margin for budget hotels in TravelPlus?

15-20% Signup and view all the answers

What type of booking has the highest likelihood of getting complete wallet share from clients?

(SBT) Self Booking Tool Signup and view all the answers

What is a common gross margin range for international flights in TravelPlus?

~3-5% Signup and view all the answers

Which players are listed as prominent in the travel space according to the text?

MakeMyTrip, Yatra, Cleartrip Signup and view all the answers

Corporate Travel service benefits

Choose a study mode

Podcast

Questions and Answers

What is a good approximation to gauge a company's corporate travel expense?

What is TravelPlus’ gross margin on luxury hotels?

What savings does TravelPlus bring about at the clients’ end?

What mode of booking is most beneficial for TravelPlus according to the text?

What is TravelPlus’ gross margin on MICE (Meetings, Incentives, Conferences, Exhibitions)?

Which booking alternative rarely provides free cancellations up to 24 hours prior?

What is a common approximate gross margin for budget hotels in TravelPlus?

What type of booking has the highest likelihood of getting complete wallet share from clients?

What is a common gross margin range for international flights in TravelPlus?

Which players are listed as prominent in the travel space according to the text?

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