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Upfront: Travel Budgets 2003
February 1, 2003
According to a recent American Express survey, business travel and entertainment (T&E) costs will rise by 2 percent to 3 percent in 2003.
Here's why:
|
TRAVEL EXPENSE |
CHANGE IN PRICE |
|
BUSINESS AIRFARES |
UP 3% TO 4% |
|
HOTEL ROOMS |
DOWN BY AS MUCH AS 1% |
|
CAR RENTALS |
UP 2% TO 3% |
|
MEALS AND ON-THE-ROAD TELECOMMUNICATIONS |
UP 2% TO 3% |
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