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Money

Expert trick to save on your hotel bill with one email

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Travelers are constantly seeking ways to cut costs without compromising on comfort.

Enter a savvy trick that could save you a significant chunk on your next hotel booking – all with just one email.

Jason Higgs, the Senior Deals Strategist at Bountii, unveils a simple yet effective strategy to score a discount on your hotel stay.

What Happens When You Use An Official Booking Website

Booking accommodations through popular platforms like Booking.com, Expedia, or Hotels.com has become second nature for many travelers.

These platforms offer convenience, a plethora of deals, and secure booking processes.

However, what many may not realize is that hotels pay a commission fee, typically between 15% and 20% of the booking amount, to these booking websites.

Hotels embrace technology amid rising infestations

Who You Should Email And What You Should Ask

After making your reservation through a booking website, Higgs advises reaching out directly to the hotel via email. Inquiring whether they can offer a lower rate if you book directly through them could yield surprising results.

Hotels, keen to avoid paying hefty commissions, may be inclined to offer a discount, often around 10%.

The Implications For Your Cancellation Policy

Booking directly with the hotel might not only save you money but could also lead to a more favorable cancellation policy. Some hotels extend more lenient cancellation terms, potentially allowing for a full refund if canceled within 24-48 hours of your stay or even within 24 hours with a valid reason.

Draft Email Template You Can Adapt

To simplify the process, Higgs provides a template for the email you can send to hotels:

[Template]

*Dear Sir or Madam,*

*On [date], I made a booking using [the website you used, e.g., Booking.com]. Here are the details:*

*Booking Reference No.:*

*Check-in and check-out dates:*

*Name/s:*

*No. of guests:*

*Room/s booked:*

*Reservation status: [confirmed or pending]*

*Total reservation price:*

*Additional information:*

*I would like to know whether I could secure a discount if I book my stay directly through you, rather than [booking website]. If this is possible, please provide the new price and instructions on how to proceed.*

*I look forward to hearing from you shortly.*

*Best regards,*

*[Your Name]*

Higgs emphasises that there’s nothing to lose by sending the email, and the potential benefits for both parties are significant. So, next time you’re gearing up for a trip, don’t forget to hit ‘send’ on that money-saving email – it could make all the difference.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Money

Workers rush back to their desks over job fears

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Workers across Australia are rushing back to their desks, driving office utilisation rates to their highest levels since February 2020.

Tuesdays, Wednesdays, and Thursdays emerge as the busiest in-office days, contrasting with the continued reluctance to return on Fridays.

This insight, drawn from XY Sense data based on 18 enterprise customers in Australia employing approximately 68,000 individuals across 127 buildings, reflects a significant shift in workplace dynamics.

The surge in office attendance coincides with a resurgence in workplace attendance mandates and policies linking physical presence to bonuses and performance reviews.

However, co-founder of XY Sense, Alex Birch, suggests that rising job insecurity, rather than these policies, primarily drives this behavioral shift.

“The pendulum has moved towards the employer, and therefore people feel more obliged to go back into work,” commented Mr. Birch.

Job market

Danielle Wood, chairwoman of the Productivity Commission, anticipates this trend to persist as the job market softens.

She notes a disparity between employer and worker perceptions regarding the productivity benefits of hybrid work arrangements, hinting at potential shifts in the employment landscape.

Meanwhile, economists at the e61 Institute observe a partial reversal of the pandemic-induced “escape to the country” trend.

Rent differentials between regional and capital city dwellings, which narrowed during the pandemic, are now widening again.

This trend suggests a diminishing appeal of remote work options and a return to urban commuting.

Aaron Wong, senior research economist at e61, said the emergence of a “new normal,” characterised by a hybrid lifestyle that blends access to office spaces with proximity to lifestyle amenities such as natural landscapes.

While regional rents decline, rents for homes on the urban fringe surge, reflecting evolving preferences shaped by remote work opportunities.

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Money

Why resilient economy is fuelling demand for Australian property

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Despite inflationary pressures, Australian house prices have surged to a record high for the fifth month in a row, as indicated by CoreLogic data.

Australian house prices have not only weathered inflation but have also soared to unprecedented levels, marking the fifth consecutive month of record highs, according to data from CoreLogic.

This resilience reflects the enduring demand for property in the country, showcasing the sustained interest of buyers despite challenging economic conditions.

VentureCrowd’s Head of Property, David Whitting, talks how investors can access alternative ways of property investing.

Presented by VentureCrowd #funding futures #housing #economy

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Money

Three reasons why you don’t need to panic about inflation

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Inflation in the US has exceeded expectations for the third consecutive month, driven by increases in essential commodities such as oil, electricity, takeaway food, and medical costs.

  1. Despite a 3.8% year-on-year rise in CPI, it’s notable that this figure has decreased from its previous 9% high.
  2. The robust CPI and economic growth numbers suggest a positive outlook for US corporate earnings.
  3. The S&P500 has seen five 1% drops this year, all of which were met with investors buying the dip.

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