Travel expenses: What will cost a lot more, what won’t
September 2, 2008 by Carol KatarskyPosted in: Best practices, Communication, Hiring & training staff, In this week's e-newsletter, Latest news & views, T&E
Get ready for double-digit increases for the expenses traveling employees turn in.
For 2009, domestic airfares are expected to increase 12% while international fares will increase between 16-20%. That’s according to Carlson Wagonlit Travel. Much of the increase is driven by fuel surcharges and the fact that airlines are cutting the number of seats per route.
If travelers can avoid taking a plane, your company’s travel costs should be reasonable next year. Carlson predicts hotel rates will increase only slightly next year, due to less demand. And car rental rates are expected to stay flat.
Tags: Cutting costs, Economic outlook, T&E
September 4th, 2008 at 12:30 pm
We have started utilizing video conferencing and video interviews this year and have saved loads of money. For once, I can say: Yay technology!