PR Newswire
NEW YORK, Oct. 16, 2014
NEW YORK, Oct. 16, 2014 /PRNewswire/ -- Rocketrip (Rocketrip.com) released its 2014 Business Travel Saver Report today revealing the top saving strategies identified from its next generation travel management platform. Rocketrip users, who are rewarded for cost-saving behavior, were incentivized to save their employers over $250,000 across 2,000+ trips. Savings came from expected behavior such as booking coach over business and choosing a three-star hotel over four-star. But Rocketrip users were also motivated to search for savings beyond the obvious scenarios by surfing for deals on the open market, purchasing bundled packages, booking via Airbnb and opting to stay with friends or family.
FLIGHT SAVINGS SUMMARY
TOP SAVER TYPES BY FLIGHT
LODGING SAVINGS SUMMARY
TOP SAVER TYPES BY HOTEL
CAR TRENDS
BLEISURE TRENDS (defined as adding personal vacation days to a business trip, including a Saturday stayover, thereby reducing flight costs)
"Rocketrip has been an instrumental tool in the travel savings generated by employees for FreeWheel," says Claudia Klossner, VP of Finance and Corporate Controller at FreeWheel, a subsidiary of the Comcast Corporation. "Both employees and management appreciate Rocketrip's flexibility to generate savings on trips booked through the open market, as well as through our TMC BCD Travel. Employees love the rewards and we're loving the savings."
"The statistics provided in Rocketrip's Business Travel Saver Report are an exciting validation that the platform resonates with the next generation of business traveler. Whether used in conjunction with a TMC or as the company's primary travel management platform, Rocketrip clients save significant amounts of money on year over year travel spend," says Rocketrip Founder and CEO Dan Ruch. "The report highlights a number of money-saving behaviors that should be encouraged throughout the industry as corporate travel continues to evolve and embrace the movement towards open market bookings and the sharing economy."
Rocketrip (http://www.rocketrip.com) is the first commercially available travel management platform to save companies money on travel expenses by motivating employees to become willing and enthusiastic partners in cost savings. Rocketrip's algorithms integrate a company's travel policy with real-time trip pricing and availability to create a personalized Smart Budget for each trip. Employees are set free to book using their favorite travel websites and are rewarded for booking under budget by sharing a percentage of the savings in gift cards for major retailers. Rocketrip provides employers with insights and analytics on company spending, savings and employee travel behavior, giving them the ability to optimize their travel policy and rewards program.
Rocketrip is based in New York City and has received funding from Canaan Partners, Crunchfund, Genacast Ventures, Y Combinator, and angel investors.
SOURCE Rocketrip