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SAP Concur Data: Business Meals and Entertainment Spending Surpasses Pre-Pandemic Levels
1reports1reporting sources2023-09-29Update
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The data reflects the recovery of business travel and in-person interactions, as well as the impact of inflation on expenses, providing a reference for companies setting expense policies and budgets.
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9月29日
- SAP Concur BlogSAP Concur Data: Business Meals and Entertainment Spending Surpasses Pre-Pandemic Levels
SAP Concur analyzed expense report data from the first half of 2023 and found that business meal and entertainment spending surpassed pre-pandemic levels. Entertainment spending increased 11.86% compared to the first half of 2019, while meal spending rose 9.1%, with SMBs contributing significantly.