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Travel & Expense Benchmarking: Insights into Industry Trends and Savings Opportunities

1reports1reporting sources2025-10-10Update

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Benchmarking data reveals travel spend trends and compliance issues, helping companies compare their performance, identify savings opportunities, and improve policies.

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10月10日
  1. SAP Concur Blog
    SAP Concur Data: Benchmarking for Smarter T&E Spend

    SAP Concur released T&E benchmarking analysis based on its processed data. From 2022 to 2023, airfare spending rose over 18% with bookings up 20%; first class dropped 84%, economy rose 36%, and business class rose 22%. Hotel spend jumped 24% while corporate tool bookings grew only 4.2%. Total meal spend rose 20%, with average meal cost rising slightly from $21.69 to $22.89. Missing receipts climbed 17%, associated spend rose 29%, and expense reports with exceptions increased nearly 10%.