SAP Concur Releases Business Travel Management Tools and Survey Data
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The survey data reveals pressure and attrition risks for travel managers, while expense data shows significant cost increases in airfare, gasoline, and meals, providing a basis for corporate travel budgeting and talent retention strategies.
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- SAP Concur BlogSAP Concur Releases Business Travel Management Tools and Survey Data
SAP Concur released business travel management tools during the GBTA Convention and published results from its sixth annual Global Business Travel Survey of 600 travel managers across six markets. The survey found 99% say their job will be more challenging in the next 12 months, 37% say delivering high-quality programs despite increased stress is difficult, and 31% struggle to remain motivated due to feeling undervalued. 21% are likely to seek a travel manager position at a different company, and 20% may seek a role outside travel management. SAP Concur also released Concur Expense data: average airfare expense was $770 in 2023, up 10% from $698 in 2019; average gasoline expense transaction…