Which city do business travellers spend the most time? According to Concur, a provider of travel and expense management services, London tops the list, followed by Shanghai, Singapore, Beijing and then Toronto. The Concur survey also shows that business travel is getting more expensive due to increasing airfares, pricier hotels and costly ground transportation such as taxis.
Contrary to popular belief, the city ranks sixth on the list of the world’s most expensive cities, but only Sydney beats London when it comes to the average amount spent on a hotel room — it’s even more expensive than Dubai.
Located on China’s prosperous eastern shoreline, the city is the gateway to the country’s manufacturing heartlands. While lodging, dining and entertainment tend to be less expensive than in London, business travellers spend slightly 16% more on car rental in Shanghai.
In the English-speaking financial hub for Southeast Asia, now a gateway to booming, resource-rich Indonesia, it is fairly economical to get around either by taxi, car rental or public transport. Yet business travellers to Singapore tend to spend slightly more money on dining out than travellers to London.
“Many clients have long established business relationships here that must be nurtured by regularly making sales visits,” said Peter Muller, chief operating officer for Europe at ATPI, a travel management company. In Beijing, car rental is more expensive than London, but lodgings are nearly half the price.
As the gateway to North America’s natural resources industry (mining, energy, oil and gas), Toronto has been getting increasingly popular as a place to do business. Pricewise, accommodation is competitive, but when it comes to entertaining and dining out, Canada’s financial hub is even more expensive than London.
Have you conducted a business travel to any of these places? Tell us of your experience!
Source: BBC News Travel