SAP Concur Data: Business Travel Costs Rise but Demand Holds Steady
According to SAP Concur data, business travel costs continued to rise in the first half of 2026, with airfare up over 8%, hotel rates up nearly 6%, car rental costs up about 5%, and fuel-related expenses up 22% on average. Despite higher costs, companies largely maintained travel activity, but car rental bookings declined 4%, rail bookings increased 4%, and premium cabin bookings increased 9%.