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?

<p>SBT (Self Booking Tool) (D)</p> Signup and view all the answers

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

<p>10-12% (D)</p> Signup and view all the answers

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

<p>MyBiz (A)</p> Signup and view all the answers

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

<p>15-20% (A)</p> Signup and view all the answers

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

<p>(SBT) Self Booking Tool (A)</p> Signup and view all the answers

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

<p>~3-5% (C)</p> Signup and view all the answers

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

<p>MakeMyTrip, Yatra, Cleartrip (A)</p> Signup and view all the answers

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