Travel Leaders: Total Trip Costs Down Sequentially During 2012 - Business Travel News

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Travel Leaders: Total Trip Costs Down Sequentially During 2012

January 25, 2013 - 02:40 PM ET

By David Jonas

The average total cost of a U.S. domestic business trip among Travel Leaders Corporate clients during the fourth quarter of 2012 was $928, up 4 percent from a year earlier, according to the travel management company.

Including air, car and hotel costs, that total average cost "decreased for consecutive quarters for the first time since 2010." It was $981 in last year's second quarter and $933 in the third quarter. The average domestic air ticket cost specifically increased nearly 3 percent versus the fourth quarter of 2011 while domestic rental car costs per day on average fell 4 percent and the average hotel cost per night dropped less than 1 percent.

A Travel Leaders official explained that "complex" total trip cost calculations include not only per-night costs for car rental and hotel stays but also total costs for those items during a given trip, which therefore makes length of stay a factor. Additionally, some trips booked by Travel Leaders do not include car or hotel bookings, the official added, which can affect comparisons.

For international trips, Travel Leaders Corporate clients on average paid $2,430 in total, down about 1 percent year over year. It marked a decrease "for the third straight quarter to the second-lowest cost since the first quarter of 2010," according to the TMC. International air ticket costs were down 6 percent on average versus the fourth quarter of 2011 while the average international hotel cost per night increased by nearly 6 percent.

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