As travel costs surge, companies are being forced to rethink business trips
Rising fuel and airfare costs are beginning to reshape how companies approach business travel, Fortune writes. Fuel transaction costs jumped 14% in a single month, while airfare, hotels and rental cars also moved higher, squeezing corporate travel budgets, according to new data from SAP Concur, which tracks expense activity for millions of business travelers worldwide. […]
Rising fuel and airfare costs are beginning to reshape how companies approach business travel, Fortune writes. Fuel transaction costs jumped 14% in a single month, while airfare, hotels and rental cars also moved higher, squeezing corporate travel budgets, according to new data from SAP Concur, which tracks expense activity for millions of business travelers worldwide. […]
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