Business travel costs set to rise

22 October 2008
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23 October 2008 | Jake Kanter

Business travel buyers have been urged to ensure travellers are compliant with spending rules as fares are set to increase in 2009, a study has found.

The Global Business Travel Forecast by American Express found the cost of an international trip, including airfare, car rental and hotel stay, will increase by an average of $147 (£90) next year to $3,556 (£2,205). In addition, the average price of a domestic trip is expected to rise by $31 (£19) to $1,139 (£706). The company urged purchasers to monitor and manage traveller spend on additional costs, such as baggage fees, dining and even package expenses, in an effort to secure savings. It also said buyers should consider new airline charges on services such as refreshments and aisle seating. Hervé Sedky, vice-president and general manager, Global Advisory Services, American Express Business Travel, said in a statement: "Successful travel and entertainment management strategies will be based upon the total cost of a business trip, which takes into consideration costs such as parking fees, airline fees, meals and other related expenses."


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