Travel & Expense Management

T&E SPEND TREND Where Small Business Travelers Spend Money Where in the world is the most popular place for small business travelers to dine out, drive in, or hang their hat? Concur took a good look at our travel and expense database to find the top trends in small business travel. Our statistics revealed a peek into the habits of frequent travelers around the globe – where they're spending money, where they aren't, and what the state of the industry is at home and overseas. VISITED TOP 10 U.S. CITIES INTERNATIONAL CITIES VISITED New York City, New York London, United Kingdom Chicago, Illinois Hong Kong 3. Las Vegas, Nevada 3. Singapore San Francisco, California Paris, France Washington, D.C. Tokyo, Japan Orlando, Florida Shanghai, China Seattle, Washington Beijing, China Boston, Mass Toronto, Canada San Diego, California Vancouver, Canada 10 Houston, Texas 10 Montreal, Canada [Based on the average of both overnight hotel stays and common line item amounts.] SPENDY SPOTS Top 10 Most Expensive Cities for Small Business Travel U.S. CITIES INTERNATIONAL CITIES New York City, New York London, United Kingdom 2 Chicago, Illinois 2 Tokyo, Japan Las Vegas, Nevada 3. Hong Kong San Francisco, California Paris, France Seattle, Washington Singapore Washington, D.C. Beijing, China Orlando, Florida Shanghai, China Miami, Florida Seoul, Republic of Korea Boston, Massachusetts Toronto, Canada 10 San Diego, California 10 Vancouver, Canada [Based on the average cost for lodging, dining and entertainment.] Up in the Air Average Airfare Costs [and percent change from last year] Australia $778.45 Up 28.07% Canada $489.96 Down 0.13% France $879.29 Up 25.83% Germany $774.61 Up 42.97% Hong Kong $855.16 Down 44.86% India $430.29 Up 17.40% Japan $668.18 Down 49.13% United Kingdom $1104.16 Up 7.47% United States $394.59 Up 5.72% EAT SLEEP DRIVE Average Average Dining Costs Lodging Costs Average Car Rental Costs THE HIGH THE HIGH THE HIGH $44.99 $265.38 in London, United Kingdom $576.49 in Beijing, in Singapore China $23.00 Seoul, Republic of Korea $129.77 in Orlando, $40.83 in Florida Singapore THE LOW THE LOW THE LOW Fun Facts $17.33 $61.62 Beijing Mississauga, Canada Need to hail a cab or book some ground transportation? Expect to pay as little as $17.33 in Beijing but as much as $61.62 in Mississauga, Canada. New York City and London Bring extra EUR. are two of the most visited cities in the world. Airfare up 42.97% G'day? G'night! Germany had the highest Oui oui! increase in airfare of 42.97% from last year. UP 15.40% The average cost of a plane ticket is $$774.61. The average cost for dining out in France Expect to spend $240.57 a was $44.37, an night in Australia, which increase of 9.46%. saw an increase of 15.40% Germany in lodging from last year. The information in this report is based on an analysis of a subset of T&E expense report data from Concur derived from companies with 100 or fewer employees. For year-over- year data, Concur compared 2011 spend data to comparable analysis from 2010. All data used to compile this report is anonymous and aggregated, so that no specific company or personal identifiable information is ever used. Sources: Concur T&E Spend Report For more on Concur: www.concur.com © Concur, 2012 On the Ground MOST CITIES CITIES Where is everyone going?