GTP Corporate Travel Policy & Program Management 3

Question 1

Which data source is MOST valuable for identifying opportunities to negotiate better airline rates?

Accepted Answer

Airline market share and city-pair spend analysis

Answer

City-pair spend analysis reveals where the company's volume is concentrated, enabling targeted negotiations with airlines on the highest-spend routes.

Question 2

What is 'bleisure' travel and why is it relevant to corporate travel policy?

Accepted Answer

The combination of business and personal leisure travel on a single trip, requiring clear policy guidance on expense eligibility

Answer

Bleisure combines business and leisure on one trip; policies must clearly define which costs are company-reimbursable and which are the employee's personal responsibility.

Question 3

A company's travel data shows a high number of bookings made within 24 hours of departure. What is the MOST likely impact on travel spend?

Accepted Answer

Increased costs because last-minute fares are typically higher

Answer

Last-minute bookings typically incur premium fares because advance-purchase discounts are no longer available, directly increasing travel program costs.

Question 4

What is the purpose of a Meetings, Incentives, Conferences, and Events (MICE) policy within a broader travel program?

Accepted Answer

To govern group and event travel spending, ensuring consistency, compliance, and cost control for group bookings

Answer

A MICE policy extends travel program governance to group events, preventing uncontrolled spend and ensuring consistency across all travel-related activities.

Question 5

Which approach BEST supports continuous improvement of a corporate travel program?

Accepted Answer

Regularly reviewing KPIs, traveler feedback, and market benchmarks to identify optimization opportunities

Answer

Continuous improvement requires ongoing measurement of KPIs, gathering traveler feedback, and benchmarking against the market to keep the program competitive and effective.

(GTP) Global Travel Professional Practice Test

(GTP) Global Travel Professional Practice Test

GTP Corporate Travel Policy & Program Management 3