The worlds most expensive city for corporate travel is…

first_imgAustralian cities are among the worlds most expensive when it comes to corporate travel, according to a new report.Concur’s Expense IQ Report has revealed that four Australian cities – Brisbane, Sydney, Perth and Melbourne – were listed among the top ten most expensive cities for business travel, while Sydney was the only Australian city to make the top 25 most visited international cities for corporate travel.Brisbane was ranked as the most expensive city in the world for business travel, with hotel rooms costing US$305.05 per night on average, compared with New York which costs US$194.62 per night.Considering the suffering value of the Australian dollar and the high cost of hotels in Australia, business travellers are spending less on dining (down 4.47 percent since 2011) and entertainment (down 14.77 percent since 2011) and more on lodging (up 3.37 percent since 2011) and ground transportation (up 7.07 percent since 2011). “Using Brisbane as an example – with the city still in the midst of the mining-related construction boom, accommodation costs have contributed significantly to its position at the top of the list,” Concur executive vice president and general manager APAC Michael Eberhard said.“These increases are influenced by the influx of FIFO (Fly In, Fly Out) workers to the city, and the growing importance of corporate hospitality to the Queensland economy.”Mobile devices were also found to be a growing aspect of companies’ expense management processes, with logins to the Concur mobile expense app more than tripling from 2011 to 2012.“Understanding that travel is inherently mobile, it’s easy to see how using a tool that moves with business travellers wherever they go increases productivity – whether it’s billable work or something more administrative like managing expenses,” Mr Eberhard said. Four Australian cities made the top ten list. Source = ETB News: P.T.last_img

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