T&E data highlights the hard life of business travelers
The high-flying days of business travel surely are over in the U.S. The restaurant of choice of travelers in the last quarter was Starbucks.
T&E expense-reporting company Certify scanned its data to see where business travelers are actually spending the most money, and the results highlight just how hard life on the road can be.
The most-expensed eating places were all fast-food restaurants, led by Starbucks, McDonald’s, Subway, with an average tab of around $10.
Panera Bread seemed to be the most popular spot for a group, with an average bill of $35.35.
Applebee’s and Chili’s were the top-rated full-service restaurants, averaging about $30.
Travelers actually spent more in Washington DC than in New York, averaging $20 for lunch and $25 for dinner. The average tab for all markets combined was $16 for lunch and $24 for dinner.
Marriott was the most often-expensed hotel, with an average bill of $208.21, and Delta the most frequently used airline, with an average ticket of $403.17.
Most travelers in New York seem to just give up at the end of the day and head for their hotels. Seamless, a restaurant delivery service, took the top spot there, accounting for 7.01% of all expenses, and beating out even Starbucks, at 5.44%.
Travel managers looking to use the data should of course note the regional differences that abound. A cab ride in Chicago, for example, costs more than the average dinner nationwide, at $25.60.
For more benchmark data, go to http://www.certify.com/CertifySpendSmartReport.aspx.
By Cheryl Rosen
Cheryl
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