The impact of millennials on corporate travel and expense – and why it may surprise you
SAP Concur analysis shows millennials spend less on dining, entertainment, and hotels than older generations, but slightly more on hotel expenses. Based on $36 billion in expenses, it compares spending habits across age groups and offers policy recommendations.
Impact and considerations
Provides data-driven insights for travel and expense management, helping adjust policies to meet the needs of different generations.
Key points
- Millennials spend 18% less on dining and entertainment than employees aged 36-65, averaging $44 per transaction vs. $52.
- Millennials spend 3% more on hotel-related expenses than older colleagues, averaging $114 vs. $111.
- Financial services and public services industries have higher travel spending.
- Policies should be clear, easy to find, emphasize benefits, and be enforced fairly.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:35
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：The impact of millennials on corporate travel and expense – and why it may surprise you (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47