{"id":1493,"date":"2021-01-09T09:53:03","date_gmt":"2021-01-09T09:53:03","guid":{"rendered":"https:\/\/www.midas-travel.com\/?p=1493"},"modified":"2023-05-23T09:00:39","modified_gmt":"2023-05-23T09:00:39","slug":"case-study-delivering-on-a-cost-benefit-analysis-for-asset-management-firm","status":"publish","type":"post","link":"https:\/\/www.midas-travel.com\/case-study-delivering-on-a-cost-benefit-analysis-for-asset-management-firm\/","title":{"rendered":"Cost-benefit analysis delivers big travel savings for asset management"},"content":{"rendered":"
For one asset management firm, we completed a full review of their travel programme to identify opportunities to reduce costs. This included a comprehensive pricing exercise, traveller surveys and aircraft inspections.<\/p>\n
The reports showed that there was extensive travel between the asset manager’s business hubs of London and Dubai.<\/p>\n
Further analysis of the travel data identified one airline in particular that covered the London to Dubai route. This airline was more competitive on pricing and offered a superior service. In addition, this airline could also deliver additional value added benefits, including limousine transfers and regional departures.<\/p>\n
Following our cost-benefit analysis, we continued to review our recommendations and gauge traveller feedback.<\/p>\n
By recording year on year results, we were able to demonstrate significant savings through the adoption of the new airline.<\/p>\n
Specifically, we were able to show a 4% saving against the next most competitive carrier, as well as a 9% year-on-year reduction of costs on the average ticket prices for the UK-Dubai-UK route.<\/p>\n
In addition to the savings, the asset management partners also benefitted from the accrual of significant Skywards points by consolidating spend with one carrier.<\/p>\n