SAP Concur Data: Business Meal and Entertainment Spending Surpasses Pre-Pandemic Levels
SAP Concur analyzed H1 2023 data, finding entertainment and meal spending surpassed pre-pandemic levels. Entertainment spending increased 11.86% compared to H1 2019, with SMBs up 32%; average entertainment expense rose from $123 to $151. Meal spending increased 9.1%, averaging $55 per meal. Q4 is the peak season, with October busiest.
Impact and considerations
The data provides insights into spending trends for finance and travel managers, aiding budget and policy decisions.
Key points
- Entertainment spending increased 11.86% in H1 2023 compared to H1 2019.
- SMBs saw a 32% increase in entertainment spending, while large businesses saw 4%.
- Average entertainment expense rose from $123 to $151.
- Meal spending increased 9.1%, averaging $55 per meal.
- Q4 is the peak season for entertainment and meal spending, with October busiest.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Sept 2023, 15:24
- Page published
- 14 Aug 2026, 08:19
- Last updated
- 29 Sept 2023, 15:24
- Original links
- SAP Concur Blog:Business Meals and Entertainment Expenses Surpass Pre-Pandemic Levels (opens in a new tab)Primary source · en · Published 29 Sept 2023, 15:24