Executive Travel : Business Travel Facts
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After a steep drop early last year, domestic air fares have risen steadily, according to a survey of corporate travel managers by Runzheimer International, a management consulting firm based in Rochester, Wis. Runzheimer also found that most traveling business people can expect their companies to ;pay for their phone calls home; but only a few companies pay for child care.
What business travelers pay: Cost of an average domestic ticket:
1st Quarter 1992: $498
2nd Quarter 1992: $420
3rd Quarter 1992: $466
4th Quarter 1992: $485
1st Quarter 1993: $528
Cost of an average international ticket:
1st Quarter 1992: $1,672
2nd Quarter 1992: $1,563
3rd Quarter 1992: $1,573
4th Quarter 1992: $1,688
1st Quarter 1993: $1,487
Travel expenses companies will reimburse
Percentage of companies that will reimburse for a three-day trip
Telephone call home: 92%
Excess baggage fee: 30%
Laundry/dry cleaning: 24%
In-room hotel movies: 11%
Liquor on airplane: 11%
Travel insurance: 9%
Reading material: 8%
Child care: 7%
Personal grooming items: 2%
Traffic fines: 2%
What business travelers buy with their corporate credit cards:
Percentage of companies that will reimburse for a three-day trip
Hotel: 87%
Meals: 87%
Car rentals: 85%
Air fare: 79%
Entertainment: 78%
Misc.: 62%
Cash advances: 34%
Non-reimbursable items: 31:
Source: Runzheimer International
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