Travel is always a part of the job for most business owners and managers–now more so than ever. The Global Business Travel Association, a travel industry trade group, predicts business in the corporate travel sector will have increased between six and seven percent by 2019 and 2020.
The biggest cost are hotels. The average one-night stay in the Big Apple costs about $385.
So what’s the cheapest American city for business travel? At only $241 per day, less than half of New York, that would be Bakersfield, Calif.–a two-hour drive north of Los Angeles. If you’re going overseas, you may want to consider doing business in Johannesburg, South Africa, where the average daily cost is just $174. Any customers there?
There are some tactics business travelers can use to control their costs in 2018. A recent report looking at holiday season business travel by Concur, an expense management software provider, recommended business travelers shift travel days to Monday, Tuesdays or Fridays, consider local airports as an alternate to major hubs and avoid booking last-minute flights which could raise costs by as much as 44 percent.