Travel LEaders Business News
Travel Leaders Business Travel
Travel Leaders Business News
May 2014
In This Issue:
Want to Save Money on Business Travel? Book Early.
Airlines Rarely Pay Full Compensation to Bumped Fliers
Rental Car Companies Discover Surprisingly High Demand for Luxury Vehicles
News Topic 1
Want to Save Money on Business Travel? Book Early.

Travel Leaders Corporate released its clients’ first quarter booking data for 2014. The newly-released data indicates that domestic business travelers who book their airline tickets 14-20 days prior to departure save on average 33 percent versus those who book 0-6 days prior, creating the highest percentage of cost savings during this booking period within the last eight quarters.

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Additional Articles:

10 Common Time-Wasters at Conferences                    View Article>>

World's First "Allergy-Friendly" Flights Take Off                View Article>>

Travelers Pay to Protect Luggage With Plastic       View Article >>

News Topic Two
Airlines Rarely Pay Full Compensation to Bumped Fliers

When your flight is oversold and you're denied boarding, federal law requires an airline to pay you 200% of your one-way ticket price — up to $650 — if you're delayed by one hour, and 400% of your one-way ticket price — up to $1,300 — if you're delayed by two or more hours. But airlines don't always offer the full amount, instead dangling restrictive travel vouchers that expire after a year in front of their customers.

Here's how the numbers break down: In 2013, the average denied-boarding compensation was $643. Only about one in 10 bumped passengers will challenge their involuntary denied-boarding compensation, because they aren't aware that they could be entitled to much more than airline funny money. In other words, passengers could be collecting about $330 million in compensation for domestic flights, but they're only claiming about $30 million. That equals about $1.80 per ticket.

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News Topic Three
Car Rental Companies Discover Surprisingly High Demand for Luxury Vehicles

In the past few years, some of the biggest car rental companies have added the finest cars money can buy to their fleets. Alongside the practical Toyotas and Fords are Ferraris, Lamborghinis, Bentleys, Aston Martins and Teslas, to name a few.

They don’t come cheaply, of course. But, in some ways, that’s beside the point. "We try to sell a lifestyle, not just an exotic vehicle," said Vince Sample, location manager for Beverly Hills Rent A Car in Las Vegas. And it’s one that wows: "People stop and stare. They ask, ‘Can I take a picture?’ They want to see if it’s someone famous.

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