SAP Concur Data: 2023 Airfare Averaged $770, the Costliest Category
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The data provides travel and expense managers with a benchmark for inflation's impact across expense categories, useful for adjusting budgets, policies and supplier negotiation strategies.
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- SAP Concur BlogSAP Concur Data: 2023 Airfare Averaged $770, the Costliest Category
SAP Concur analyzed 2019 and 2023 Concur Expense data to reveal category shifts. In 2023, average airfare per transaction was $770, up 10% from 2019 and more than three times any other category. Gas saw the largest increase, up 37% from $38 to $59; meals rose 30% to $56; car rental and entertainment each rose 28%; lodging rose 21% to $140; train fares fell 5% to $71. By total spend share, the 'other' category rose from 17% in 2019 to 22%, becoming the largest. By transaction volume, meals, ground transportation and lodging were most common.