Potential reduction of corporate travel expenditures: How the efficient use of travel management tools support micro, small, and medium sized enterprises in reducing corporate travel expenditures

Bachelor Thesis from the year 2009 in the subject Tourism - Miscellaneous, grade: 2,0, International University of Applied Sciences Bad Honnef - Bonn, language: English, abstract: This bachelor thesis is concerned with the cost reduction potential of travel management tools with regard to business travel expenditures in micro, small, and medium-sized enterprises. For this purpose, primary research in the form of a questionnaire was conducted. The results, which are presented at the end of the thesis, reveal that travel management tools are on the spot for micro, small and medium-sized enterprises but by far not as much that one could say the market is saturated, since 29 percent of the companies are currently applying travel management tools, but more than half of them have not yet thought about the matter. The findings also show that corporate credit cards and online booking engines are by far the most popular tools and that travel policies and online booking engines are the most efficient tools for micro, small, and medium-sized enterprises with respect to their corresponding cost saving potential.