Business travel pricey in Australia

first_imgSource = e-Travel Blackboard: S.P The strength of the Aussie dollar coupled with a robust business environment has placed Australia amongst one of the most expensive for business travel a recent report has found.According to a report conducted by Concur on corporate travel and entertainment spend, found that four Australian cities made the top ten most expensive cities for business travel.Perth came in at third place, followed by Sydney in fourth, Brisbane seventh and Melbourne was ranked as the 9th most expensive Australian city to conduct business travel.Concur executive vice president and general manager Asia Pacific Michael Eberhard said the high Aussie dollar and strength of Australian business sector has most likely attributed to the result in the T&E report. “Concur’s significant volume of transactional data provides us the unique opportunity to report on the state of corporate T&E spend, Mr Eberhard said. “This in turn sheds light on ways Australian customers can drive down costs and better manage their bottom line by providing higher visibility and benchmarks on T&E spending.”Additionally, the report found Sydney ranked 14th in the list of the 25 most visited international cities for business travel which was measured by hotel nights, and the average amount spent.The report revealed that the top three global T&E categories airfare, lodging and dining encompassed over 60 percent of total spend compared to 50 percent total spend in 2010.Australia proved to be one of the most expensive cities to dine in with the average dining coming in at A$62.17.Hong Kong had the highest average airfare cost at A$1,064.19 while the United States had the least expensive average lodging cost at A$85.17.Internationally, airfare and lodging showed the highest increase from 2010 to 2011, while average dining spend decreased by over four percent during the same period. The report found Australia had the costliest average in diningImage source: APTClast_img

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