Business Travel Airfares and Hotel Rates Increase in First Quarter ...

NEW YORK?(BUSINESS WIRE)?

American Express Global Business Travel currently expelled initial quarter
sum on business transport pricing from a Business Travel Monitor
display a normal prices business travelers are profitable are higher. In
light of this, companies should cruise how they are proactively
ancillary employees in creation a best transport purchasing decisions to
assistance them stay within bill as they continue to strike a road.

Q1 2012 Business Travel Monitor Highlights

Prices opposite all categories of use for trips imagining in North
America to domestic and general destinations have increased
compared to a initial entertain of 2011 as companies continue to deposit in
transport and suppliers effectively conduct capacity.

• Average domestic airfares increasing 6 percent (6%) in Q1 2012
  vs. Q1 2011 to $261
• Average general airfares increasing 4 percent (4%) in Q1
  2012 vs. Q1 2011 to $1933
• Average domestic hotel rates increasing 5 percent (5%) in Q1
  2012 vs. Q1 2011 to $157
• Average general hotel rates increasing one percent (1%) in
  Q1 2012 vs. Q1 2011 to $240

?Prices rose in a initial entertain as companies put travelers on a road
to jumpstart 2012 business goals while supply remained relatively
tight,? pronounced Christa Degnan Manning, director, EXPERT INSIGHTS
Research, American Express Global Business Travel. ?To optimize travel
budgets in this environment, companies should demeanour during how they are
enlivening correspondence with corporate transport policies with positive
motivators, instead of punishments for non-compliance. Travelers should
be rewarded for engagement with elite suppliers and holding cost-saving
measures such as allege purchasing in ways that they appreciate.
Strategies like these can denote support to travelers throughout
their journeys.?

Informed Travelers Help Combat Rising Prices

Power to assistance optimize budgets lays some-more and some-more in a hands of the
traveler. As suppliers say a position of strength, companies should
re-examine their transport policies to simulate stream marketplace conditions
and a needs of their travelers. When travelers feel that they are
given support and superintendence to make suitable and prepared buying
decisions, they expected make smarter decisions with their corporate
dollars. Helping travelers make smarter decisions embody assisting to
creation certain travelers not usually know that providers are preferred, but
also know a advantages of regulating these suppliers over others.
Travelers generally wish to do what is best for their companies, but
need to be clearly and simply told what that means and how they can help.

Business transport managers have prolonged promoted a series of elementary stairs to
expostulate assets in a module and assistance with correspondence including:

• Book in advance ? Fourteen day allege squeeze can offer
  improved labelled airfare and some-more flexibility, that for a traveler
  means some-more choices of when to fly and where to sit.
• Go preferred ? Booking transport with elite suppliers helps
  to broach opposite corporate volume goals though also helps to ensure
  companies are maximizing negotiated assets and travelers on
  negotiated advantages such as premier standing upgrades.
• Get a perks ? Ancillary cost process sum provide
  superintendence for travelers on what is pre-negotiated, permitted, or not
  authorized assisting them know what their advantages are.
• Make prepared decisions ? Mobile inclination and messages mean
  policies are some-more permitted whenever travelers are creation their
  shopping and engagement decisions that encourages intelligent shopping decisions.

About a American Express Business Travel Monitor, North America

The American Express Business Travel Monitor is a pivotal deliverable of
American Express Global Business Travel Global Advisory Services? EXPERT
INSIGHTS investigate practice. Using U.S. business transport indicate of sale
data, it benchmarks a normal prices paid for air, hotel, and car
let services by difficulty of use for hundreds of pivotal business travel
destinations globally by sum investigate of American Express?
endless databases of transport engagement and remuneration information.

The Business Travel Monitor includes both normal published and business
traveler purchased atmosphere fares prisoner opposite hundreds of domestic and
general routes, including unlimited initial class, business,
economy, and discounted, limited economy atmosphere fares. The methodology
for a normal atmosphere transport paid is a one-way cost paid by all travelers
requisitioned by American Express Global Business Travel, including taxes
and fees during ticketing indicate of sale, for all routes.

Average requisitioned hotel rates, both general and domestic, represent
a sum spending of all American Express Global Business Travel
clients, incompatible taxes, divided by a sum series of room nights
confirmed. The full Business Travel Monitor includes hotel averages by
vital city neighborhoods and difficulty of hotel by cost range. The
normal daily cost for automobile rentals is drawn from American Express
Corporate Card information and includes all charges incurred, including
mileage, gas, taxation and insurance, divided by a normal length of
rental. Data for a placement of let difficulty categories is drawn
from all rentals requisitioned by a whole American Express Global Business
Travel patron base.

About American Express Global Business Travel

American Express Global Business Travel, a multiplication of American Express
Company, is a tellurian attention leader in business transport and meetings
government committed to helping?businesses attain through
cost-effective module management, world-class patron service, and
extended traveler capability support worldwide. Through leading
online, offline and on-the-go solutions, consulting services, business
insights and research, retailer traffic expertise, and meetings and
events capabilities, innovative services are delivered to clients to
maximize a lapse on their transport and meetings investments. Learn more
during www.americanexpress.com/businesstravel
interact with peers on www.businesstravelconnexion.com
and follow us on https://www.facebook.com/businesstravelconneXion
and www.twitter.com/btconnexion.

American Express operates one of a world?s largest transport agency
networks with locations in over 140 countries worldwide. Total travel
sales volume processed in 2010 was $25.7 billion, including consolidated
volume and non-consolidated volume processed by corner ventures and
a partner network.

American Express Company is a tellurian services company, providing
business with entrance to products, insights, and practice that enrich
lives and build business success.

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