Business Travel Costs Up

Business travel costs are expected to rise 7% during 2001, up from the 4% gain it forecast for 2000 and the biggest rise since it started tracking it in 1986, says Runzheimer International.(Howard Parker-Helpline)

Runzheimer: Survey & Analysis of Business Travel & Costs

Other Highlights from This Survey:

• Average number of travel days for frequent travelers decreased in 2000 to 45 days per year from 48 days in 1998.
• The percentage of travelers who travel internationally reached an all-time high-89%-a full seven percentage point increase since 1998.
• Advance purchase coach is most popular airfare in 2000, comprising 31% of coach airfares purchased.
• Average domestic trip cost is $970 for three days; $3,455 for an international trip of seven days, and $1,650 for an overall trip cost average.
• Forty-five percent of respondent organizations have on-site travel departments.

Runzheimer: Report on Travel Management

Sample Articles (Requires Adobe Acrobat):

• Controlling Travel Costs through Communication and Compliance (6/99)
• Niche Players in Corporate Travel (5/99)
• Globetrotting: An Overview of Corporate International Travel Trends (2/99)

Planning a Business Trip?

INDEX: Business Traveler Information Network

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